Bayou Well Holdings Updates Ranger Energy Stake
Ticker: RNGR · Form: SC 13D/A · Filed: Dec 12, 2024 · CIK: 1699039
| Field | Detail |
|---|---|
| Company | Ranger Energy Services, Inc. (RNGR) |
| Form Type | SC 13D/A |
| Filed Date | Dec 12, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $16.9358, $17.0602, $16.565, $16.5782 |
| Sentiment | neutral |
Sentiment: neutral
Topics: schedule-13d, amendment, ownership-change
Related Tickers: RNGR
TL;DR
Bayou Well Holdings amended its 13D on Ranger Energy. Watch this space.
AI Summary
Bayou Well Holdings Company, LLC, through an amendment filed on December 12, 2024, has updated its Schedule 13D regarding Ranger Energy Services, Inc. The filing indicates a change in beneficial ownership, though specific new holdings or dollar amounts are not detailed in this excerpt. Richard E. Agee is listed as a group member.
Why It Matters
This filing signals a potential shift in control or significant influence over Ranger Energy Services, Inc., which could impact its stock price and strategic direction.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty.
Key Players & Entities
- Bayou Well Holdings Company, LLC (company) — Filing entity
- Ranger Energy Services, Inc. (company) — Subject company
- Richard E. Agee (person) — Group member
FAQ
What specific changes in beneficial ownership are detailed in this amendment?
This excerpt does not specify the exact changes in beneficial ownership or the new percentage of shares held by Bayou Well Holdings Company, LLC.
What is the CUSIP number for Ranger Energy Services, Inc. Class A Common Stock?
The CUSIP number for Ranger Energy Services, Inc. Class A Common Stock is 75282U 104.
Who is authorized to receive notices and communications for this filing?
Bayou Well Holdings Company, LLC, located at 1251 Lumpkin Rd. Houston, Texas 77043, is authorized to receive notices and communications.
What is the date of the event requiring this filing?
The date of the event which requires filing of this statement is December 10, 2024.
What is the filing type and amendment number?
The filing type is SC 13D/A, and this is Amendment No. 7.
Filing Stats: 1,110 words · 4 min read · ~4 pages · Grade level 9.3 · Accepted 2024-12-12 18:49:54
Key Financial Figures
- $0.01 — Name of Issuer) CLASS A COMMON STOCK, $0.01 PAR VALUE (Title of Class of Securiti
- $16.9358 — d E. Agee Open Market Sale 18,970 $16.9358 12/05/2024 Bayou Open Market Sale
- $17.0602 — 24 Bayou Open Market Sale 54,608 $17.0602 12/06/2024 Richard E. Agee Open Ma
- $16.565 — hard E. Agee Open Market Sale 200 $16.565 12/06/2024 Bayou Open Market Sale
- $16.5782 — 24 Bayou Open Market Sale 27,635 $16.5782 12/09/2024 Richard E. Agee Open Ma
- $15.747 — rd E. Agee Open Market Sale 7,594 $15.747 12/09/2024 Bayou Open Market Sale
- $15.819 — 24 Bayou Open Market Sale 21,729 $15.819 12/10/2024 Bayou Open Market Sale
- $15.6937 — 4 Bayou Open Market Sale 116,136 $15.6937 12/11/2024 Richard E. Agee Open Ma
- $15.6869 — E. Agee Open Market Sale 111,167 $15.6869 12/12/2024 Bayou Open Market Sale
- $15.5167 — 24 Bayou Open Market Sale 30,791 $15.5167
Filing Documents
- d848549dsc13da.htm (SC 13D/A) — 51KB
- 0001193125-24-277463.txt ( ) — 52KB
of the Schedule 13D is hereby amended and replaced by the following
Item 5 of the Schedule 13D is hereby amended and replaced by the following: (A) Bayou Well Holdings Company, LLC As of the date hereof, Bayou may be deemed the beneficial owner of a total of 1,863,208 shares of Class A Common Stock, constituting approximately 8.4% of the issued and outstanding shares of Class A Common Stock, consisting of 1,863,208 shares of Class A Common Stock owned directly by Bayou. (B) Richard E. Agee As of the date hereof, Richard E. Agee may be deemed the beneficial owner of a total of 1,863,208 shares of Class A Common Stock, constituting approximately 8.4% of the issued and outstanding shares of Class A Common Stock, consisting of 1,863,208 shares of Class A Common Stock owned directly by Bayou. (C) Annex A attached hereto lists all transactions in Class A Common Stock, since Amendment No. 6 to the Schedule 13D was filed on December 4, 2024, by the Reporting Persons or on behalf of the Reporting Persons. The transactions in Class A Common Stock set forth on Annex A were effected in the open market through a broker. 4
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: December 12, 2024 Bayou Well Holdings Company, LLC By: /s/ Brett T. Agee Name: Brett T. Agee Title: President and Chief Executive Officer Richard E. Agee /s/ Richard E. Agee Richard E. Agee ANNEX A TRANSACTIONS The following table sets forth a list of all transactions in the Class A Common Stock, since Amendment No. 6 to the Schedule 13D was filed on December 4, 2024, by the Reporting Persons or on behalf of the Reporting Persons, inclusive of any transactions effected through 4:00 p.m., New York City time, on the date hereof. Date Effected By Nature of Transaction Quantity Average Price 12/05/2024 Richard E. Agee Open Market Sale 18,970 $16.9358 12/05/2024 Bayou Open Market Sale 54,608 $17.0602 12/06/2024 Richard E. Agee Open Market Sale 200 $16.565 12/06/2024 Bayou Open Market Sale 27,635 $16.5782 12/09/2024 Richard E. Agee Open Market Sale 7,594 $15.747 12/09/2024 Bayou Open Market Sale 21,729 $15.819 12/10/2024 Bayou Open Market Sale 116,136 $15.6937 12/11/2024 Richard E. Agee Open Market Sale 111,167 $15.6869 12/12/2024 Bayou Open Market Sale 30,791 $15.5167