Ranger Energy Services, Inc. has finished buying some assets from STEP Energy Services for about $27.5 million.

RNGR · Ranger Energy Services, Inc.

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Those assets give Ranger more equipment for coiled-tubing and pumping work. The purchase also uses borrowed cash and shares, and Ranger took on lease obligations. The filing gives no results showing whether the added assets will earn more than their costs, so the outlook remains unchanged.