Ranger Energy Services, which provides well services for E&P companies in the Permian Basin, filed on Monday with the SEC to raise up to $100 million in an initial public offering.
The Houston, TX-based company was founded in 2014 and booked $77 million in sales for the 12 months ended March 31, 2017. It plans to list on the NYSE under the symbol RNGR. Ranger Energy Services filed confidentially on March 10, 2017. Credit Suisse, Simmons & Co., Wells Fargo Securities and Barclays are the joint bookrunners on the deal. No pricing terms were disclosed.
