Ranger Energy Services Acquires American Well Services for $90.5 Million

Reuters11-10

Ranger Energy Services Acquires <a href="https://laohu8.com/S/AMWL">American Well</a> Services for $90.5 Million

Ranger Energy Services is acquiring American Well Services (AWS), a well services provider focused on the Permian Basin, from Argonaut Private Equity. The transaction will increase Ranger's rig count by approximately 25%, making it the largest well-servicing provider in the lower 48 states. The total consideration for AWS is around $90.5 million, representing less than 2.5 times trailing EBITDA. Ranger expects the deal to be immediately accretive to earnings and cash flow, with $4 million in identified synergies and future pro forma EBITDA projected to exceed $100 million as commodity prices recover. The purchase will be funded through a mix of cash, stock, and a performance-based earn-out, with plans to repay any acquisition-related borrowings within a year, supported by strong free cash flows.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ranger Energy Services Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251107597618) on November 10, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2582987810?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-10 19:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2582987810","market":"nz","top_or_hot":-1,"title":"Ranger Energy Services Acquires American Well Services for $90.5 Million","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Ranger Energy Services Acquires <a href=\"https://laohu8.com/S/AMWL\">American Well</a> Services for $90.5 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Ranger Energy Services is acquiring American Well Services (AWS), a well services provider focused on the Permian Basin, from Argonaut Private Equity. The transaction will increase Ranger's rig count by approximately 25%, making it the largest well-servicing provider in the lower 48 states. The total consideration for AWS is around $90.5 million, representing less than 2.5 times trailing EBITDA. Ranger expects the deal to be immediately accretive to earnings and cash flow, with $4 million in identified synergies and future pro forma EBITDA projected to exceed $100 million as commodity prices recover. The purchase will be funded through a mix of cash, stock, and a performance-based earn-out, with plans to repay any acquisition-related borrowings within a year, supported by strong free cash flows.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/RNGR\">Ranger Energy Services Inc.</a> published the original content used to generate this news brief via Business Wire (Ref. ID: 20251107597618) on November 10, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ranger Energy Services Acquires American Well Services for $90.5 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRanger Energy Services Acquires American Well Services for $90.5 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-10 19:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Ranger Energy Services Acquires <a href=\"https://laohu8.com/S/AMWL\">American Well</a> Services for $90.5 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Ranger Energy Services is acquiring American Well Services (AWS), a well services provider focused on the Permian Basin, from Argonaut Private Equity. The transaction will increase Ranger's rig count by approximately 25%, making it the largest well-servicing provider in the lower 48 states. The total consideration for AWS is around $90.5 million, representing less than 2.5 times trailing EBITDA. Ranger expects the deal to be immediately accretive to earnings and cash flow, with $4 million in identified synergies and future pro forma EBITDA projected to exceed $100 million as commodity prices recover. The purchase will be funded through a mix of cash, stock, and a performance-based earn-out, with plans to repay any acquisition-related borrowings within a year, supported by strong free cash flows.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/RNGR\">Ranger Energy Services Inc.</a> published the original content used to generate this news brief via Business Wire (Ref. ID: 20251107597618) on November 10, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RNGR","symbol_name":"Ranger Energy Services Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251110:nNDLNXhLb:1","article_id":"2582987810","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582987810","pubTimestamp":1762775299,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Ranger Energy Services is acquiring American Well Services , a well services provider focused on the Permian Basin, from Argonaut Private Equity. The transaction will increase Ranger's rig count by approximately 25%, making it the largest well-servicing provider in the lower 48 states. The total consideration for AWS is around $90.5 million, representing less than 2.5 times trailing EBITDA. Ranger expects the deal to be immediately accretive to earnings and cash flow, with $4 million in identified synergies and future pro forma EBITDA projected to exceed $100 million as commodity prices recover. The purchase will be funded through a mix of cash, stock, and a performance-based earn-out, with plans to repay any acquisition-related borrowings within a year, supported by strong free cash flows.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is f","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RNGR":"Ranger Energy Services Inc.","BK4179":"石油天然气设备与服务"},"translate_title":"Ranger Energy Services以9050万美元收购American Well Services","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RNGR":0.9},"content_text":"Ranger Energy Services Acquires American Well Services for $90.5 Million\n    \n\n        Ranger Energy Services is acquiring American Well Services (AWS), a well services provider focused on the Permian Basin, from Argonaut Private Equity. The transaction will increase Ranger's rig count by approximately 25%, making it the largest well-servicing provider in the lower 48 states. The total consideration for AWS is around $90.5 million, representing less than 2.5 times trailing EBITDA. Ranger expects the deal to be immediately accretive to earnings and cash flow, with $4 million in identified synergies and future pro forma EBITDA projected to exceed $100 million as commodity prices recover. The purchase will be funded through a mix of cash, stock, and a performance-based earn-out, with plans to repay any acquisition-related borrowings within a year, supported by strong free cash flows.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ranger Energy Services Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251107597618) on November 10, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2582987810","isCrawlerRequest":true}