Ranger Energy Services, Inc.

Item 1.01 Entry into Material Definitive Agreements On August 31, 2026, Ranger Energy Services, Inc. (the “Company”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) with STEP Energy Services (USA) Ltd., STEP Energy Services (Leasing) LLC, STEP Energy Services Holdings Ltd., and STEP Nitrogen Industrial Services (USA) Ltd. (collectively, “STEP” or the “Sellers”), pursuant to which the Company agreed to acquire certain assets associated with STEP’s coiled tubing, fluid and nitrogen pumping, and related well services business in the United States (the “Acquisition”). The assets to be acquired pursuant to the Purchase Agreement include certain coiled tubing units and related equipment and other operating assets, certain contractual rights, including customer and vendor contracts, and certain rights under leases associated with the acquired operations, among other assets. In connection with the Acquisition, the Company also expects to assume certain obligations relating to certain facility, vehicle and equipment leases. The aggregate consideration for the Acquisition is approximately $27.5 million, subject to certain adjustments set forth in the Purchase Agreement, and consists of $22.5 million in cash and $5 million in shares of the Company’s Class A Common Stock. The number of shares to be issued will be based on the volume weighted average trading price of the Class A Common Stock over a thirty trading day period ending prior to the closing date. The Acquisition is expected to expand the Company’s existing coiled tubing operations. Completion of the Acquisition is subject to customary closing conditions, including receipt of required third-party consents, and is expected to occur in early September 2026. The Purchase Agreement contains customary representations, warranties and covenants of the parties and termination provisions for a transaction of this type. The foregoing description of the Purchase Agreement and the transactions contemplated thereby does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Purchase Agreement. The Company intends to file the Purchase Agreement as an exhibit to its Quarterly Report on Form 10-Q for the quarterly period ending September 30, 2026. The representations and warranties set forth in the Purchase Agreement are made solely for the benefit of the parties to the Purchase Agreement, and (i) should not be treated as categorical statements of fact, but rather as a way of allocating the risk to one of the parties if those statements prove to be inaccurate, (ii) may have been qualified in the Purchase Agreement by disclosures that were made to the other parties in accordance with the Purchase Agreement, (iii) may apply contractual standards of “materiality” that are different from “materiality” under applicable securities laws and (iv) were made only as of the dates specified in the Purchase Agreement.

Item 7.01 Regulation FD On August 31, 2026, the Company issued a press release announcing the execution of the Purchase Agreement. A copy of the press release containing the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein. On August 31, 2026, the Company posted the attached presentation on the Company’s website at www.rangerenergy.com and is furnished as Exhibit 99.2 to the Current Report on Form 8-K and incorporated by reference herein.