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Ranger Energy Services RNGR Reportable Segment — Impairment of assets
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Where this comes from
Reported directly by Ranger Energy Services in its filing.
Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsHeldForUse.
The source filing: Ranger Energy Services’s 10-Q, filed July 28, 2026.
- Filed
- Jul 28, 2026, 4:10 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-050161
| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Total segment Adjusted EBITDA | $34.2 | $25.8 | $63.5 | $46.5 |
| Other unallocated expenses | (5.6) | (5.2) | (11.6) | (10.4) |
| Impairment of assets | — | — | — | (0.4) |
| Equity based compensation | (1.6) | (1.7) | (3.2) | (3.2) |
| Gain on sale of assets | 1.2 | 0.9 | 1.8 | 0.2 |
| Severance and reorganization costs | (0.4) | (0.1) | (0.4) | (0.7) |
| Acquisition related costs | (0.4) | (0.2) | (1.4) | (0.6) |
| Legal fees and settlements | — | — | — | (0.3) |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Ranger Energy Services's reportable segment — impairment of assets?
- Ranger Energy Services (RNGR) reported reportable segment — impairment of assets of $0 in Q2 2026.
- What does reportable segment — impairment of assets mean?
- This represents a non-cash charge recognized when the carrying value of an asset exceeds its fair market value. It signals a downward revision in the expected future economic benefits of the segment's assets, often due to market downturns or technological obsolescence. Frequent impairments may indicate poor capital allocation or overly optimistic initial asset valuations.
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