Ranger Energy Services, Inc. (RNGR) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: April 28, 2026

Risk Assessment Details

Potential Dilution: 21.37% of current shares
Recent Dilution: 10.34% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
24M
Potential Supply
5M
Additional shares possible
Splits
None
Past 2 years

Summary

RNGR currently has 23.6M outstanding shares. with moderate dilution risk from 5.04M authorized shares representing 21.4% potential dilution. The company has diluted shareholders by 10.34% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 28, 2026

10-Q filing | 23.6M shares outstanding

24M 5M
Nov 10, 2025

10-Q filing | 21.8M shares outstanding

22M 6.9M
Nov 10, 2025

8-K filing: Ranger Energy Services, Inc. acquired American Well Services, LLC for approximately $90.5 million, including $60.5 million in cash and 1,998,401 shares of Class A Common Stock.

22M 6.2M
Jul 29, 2025

10-Q filing | 22.5M shares outstanding

22M 6.2M
Apr 30, 2025

10-Q filing | 22.3M shares outstanding

22M 6.3M
Mar 04, 2025

10-K filing | 22.5M shares outstanding

23M 6.1M
Oct 28, 2024

10-Q filing | 22.2M shares outstanding

22M 6.4M
Jul 30, 2024

10-Q filing | 22.4M shares outstanding

22M 6.3M
May 07, 2024

10-Q filing | 22.9M shares outstanding

23M 5.7M
Mar 05, 2024

10-K filing | 24.6M shares outstanding

25M 4M
Oct 31, 2023

10-Q filing | 24.5M shares outstanding

25M 4.1M
Aug 08, 2023

10-Q filing | 24.8M shares outstanding

25M 3.8M
May 05, 2023

10-Q filing | 24.9M shares outstanding

25M 3.7M
Mar 13, 2023

10-K filing | 23.4M shares outstanding

23M 5.3M
Oct 31, 2022

10-Q filing | 24.8M shares outstanding

25M 3.8M
Aug 03, 2022

10-Q filing | 23.6M shares outstanding

24M 5.1M
Apr 29, 2022

10-Q filing | 24.7M shares outstanding

25M 3.9M
Apr 12, 2022

S-1/A filing: This prospectus relates to the offering and resale by the selling stockholders of up to 18,809,999 shares of Class A Common Stock, including 6,000,001 shares issuable upon conversion of Preferred Stock.

19M 10M
Mar 31, 2022

S-1 filing: This S-1 filing relates to the offering and resale of up to 18,809,999 shares of Class A Common Stock by selling stockholders, including shares issuable upon conversion of Preferred Stock.

19M 10M
Mar 30, 2022

10-K filing | 18.7M shares outstanding

19M 0
Nov 05, 2021

10-Q filing | 18.1M shares outstanding

18M 0
Oct 04, 2021

8-K filing: The company consummated a private placement of 6.0 million newly issued shares of Series A Convertible Preferred Stock for $42 million, and redeemed Class B Common Stock for an equivalent number of shares of Class A Common Stock. ($42.0M proceeds)

11M 0
Sep 16, 2021

8-K filing: Ranger Energy Services, Inc. announced a private placement of 6,000,000 newly issued shares of Series A Convertible Preferred Stock for $42 million in cash consideration, intended to fund a portion of the Basic Transaction. ($42.0M proceeds)

11M 0
Jul 30, 2021

10-Q filing | 11.0M shares outstanding

11M 0
Jul 14, 2021

8-K filing: The company issued 1,000,000 shares of Class A Common Stock in connection with the closing of the acquisition as described in Item 1.01, with 100,000 shares to be issued on the 12-month anniversary of the Acquisition Date.

8.6M 1.3M
Jun 11, 2021

S-3 filing: This is an S-3 filing for a shelf offering of Class A Common Stock by selling stockholders of Ranger Energy Services, Inc.

8.6M 1.3M
May 06, 2021

10-Q filing | 8.6M shares outstanding

8.6M 0
Feb 26, 2021

10-K filing | 8.5M shares outstanding

8.5M 0
Oct 23, 2020

10-Q filing | 8.5M shares outstanding

8.5M 0
Jul 28, 2020

10-Q filing | 8.5M shares outstanding

8.5M 0
May 01, 2020

10-Q filing | 8.4M shares outstanding

8.4M 0
Feb 28, 2020

10-K filing | 8.4M shares outstanding

8.4M 0
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