Ranger Energy Services is a holding company. Through its subsidiaries, Co. is a provider of onshore well service rigs, wireline services, and additional processing solutions and ancillary services. Co.'s operations take place in various active oil and natural gas basins in the U.S. Co.'s segments are: High Specification Rigs, which provides well and complementary equipment and services to facilitate operations throughout the lifecycle of a well; Wireline Services, which provides wireline completion and production services necessary to bring a well on production; and Processing Solutions and Ancillary Services, which is utilized in conjunction with its High Spec Rigs and Wireline Services. The RNGR YTD return is shown above.
The YTD Return on the RNGR YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether RNGR YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the RNGR YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
|