Ranger Energy Services, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Ranger Energy Services, Inc. (RNGR) on May 7, 2021. The filing reports a corporate governance event regarding the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a personnel appointment and does not contain financial statements or operational metrics.
Material Changes
On May 7, 2021, the Company appointed William M. Austin as Chairman of the Board of Directors, effective immediately. Mr. Austin has served as a director since 2017 and previously served on the board from the company's founding in 2014 until 2016. He brings over 40 years of experience in energy, financial services, and software.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies. The document states that Mr. Austin is expected to bring valuable skill and expertise to the Board.
Key Facts for Investor Verification
- William M. Austin was appointed Chairman of the Board effective May 7, 2021.
- Mr. Austin has prior board experience with Ranger Energy Services (2014-2016) and current roles at Stallion Oilfield Services and Torrent Services.
- This filing does not disclose any financial performance data or changes in the company's financial condition.