Ranger Energy Services Secures Contract to Build 15 Hybrid Electric Rigs

Ranger Energy Services, Inc. Class A +2.06%

Ranger Energy Services, Inc. Class A

RNGR

16.85

+2.06%

Ranger Energy Services, Inc. announced that its wholly-owned subsidiary, Ranger Energy Services, LLC, has entered into a contract with a core customer for the construction and deployment of 15 ECHO™ Hybrid Electric Rigs. The contract includes provisions for shared capital costs and minimum hourly commitments in future periods. The first rig is expected to be delivered in the third quarter of 2026, with all 15 rigs anticipated to be deployed by the end of 2027.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-004999), on February 03, 2026, and is solely responsible for the information contained therein.