Is Ranger Energy Services, Inc. (RNGR) halal? Halal. Based on AAOIFI screening, Ranger Energy Services, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 98/100 (Grade: A+).

Ranger Energy Services, Inc.

RNGR: Is Ranger Energy Services, Inc. Halal?

Halal

Ranger Energy Services, Inc.

NYSEEnergyUS

$15.15

-2.76%

About Ranger Energy Services, Inc.

Ranger Energy Services, Inc., founded in 2014 and based in Houston, Texas, delivers crucial onshore support to exploration and production companies throughout the United States. The company's operations are categorized into three main segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services. The High Specification Rigs division operates a fleet of 540 advanced well service rigs and accompanying equipment. These assets are vital for facilitating various operations across a well's lifespan, including essential maintenance. The Wireline Services segment offers comprehensive solutions aimed at identifying and resolving well production challenges. This includes wireline production and intervention services, covering cased hole logging, perforating, mechanical work, and pipe recovery. Additionally, it provides wireline completion services, primarily for pump-down perforating to create entry holes in the production casing, alongside general pumping services. This segment is supported by 68 wireline units and four high-pressure pump trucks. Finally, the Processing Solutions and Ancillary Services segment provides a diverse range of specialized support. This includes the rental of well service-related equipment such as fluid pumps, power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, and pipe handling tools. The segment also offers decommissioning, fluid management, coil tubing, and snubbing services. Furthermore, it supplies proprietary and modular equipment for natural gas processing, and manages the rental, installation, commissioning, startup, operation, and maintenance of mechanical refrigeration units, nitrogen gas liquid stabilizer units, nitrogen gas liquid storage units, and related equipment.

Sector: Energy 路 Industry: Oil & Gas Equipment & Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026
A+

Excellent

Exceptionally strong compliance

98Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.0% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 17, 2026Fiscal: Q1 2026Source: FMP

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Financial Overview

Market Cap

360.0M

Price

$15.15

Sector

Energy

Industry

Oil & Gas Equipment & Services

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Frequently Asked Questions

Is Ranger Energy Services, Inc. (RNGR) halal to invest in?
Based on AAOIFI Standard 21 screening, Ranger Energy Services, Inc. (RNGR) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Ranger Energy Services, Inc. get a A+ compliance rating?
Ranger Energy Services, Inc. (RNGR) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 2.9% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Ranger Energy Services, Inc.'s Shariah verdict?
Ranger Energy Services, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Ranger Energy Services, Inc. re-screened for Shariah compliance?
Ranger Energy Services, Inc. (RNGR) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 17, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.