Ranger Energy Services(US:RNGR)2025-03-04 19:55Financial Performance - The company's consolidated adjusted EBITDA for 2024 was $78.9 million, with an adjusted EBITDA margin of 13.8%[5,6,8] - Full year 2024 revenue was $571.1 million[5,8] - Free cash flow for 2024 was $50.4 million[8,12] - Q4 2024 revenue was $143.1 million, with an adjusted EBITDA of $21.9 million and an adjusted EBITDA margin of 15.3%[14,16] - Q4 2024 free cash flow was $27.3 million[12,16] Segment Highlights - High Specification Rigs business experienced 7% year-over-year growth in core business[9] - High-Specification Rigs segment Q4 2024 Adjusted EBITDA increased 23% over the prior year's quarter[21] - Processing Solutions & Ancillary Services segment achieved a full year 2024 Adjusted EBITDA margin of 21.3%[27] - Wireline Services segment realized 11% year-over-year revenue growth in Production Wireline[32] Shareholder Returns - The company announced a 20% increase to the base dividend[12] - $20 million, representing 40% of the $50.4 million in 2024 Free Cash Flow, was returned to shareholders[12] - The company repurchased 1,520,000 shares during 2024 for $15.5 million at an average price of $10.11 per share[12]