Key Takeaways Ranger Energy's business benefits from oil prices above $60 per barrel.Customers are prioritizing production activities, aligning with Ranger's service strengths.RNGR trades at a 3.19X EV/EBITDA, below the industry's 7.10X average, after a 10.9% stock gain.Per Oilprice.com data, the West Texas Intermediate (WTI) crude is currently trading at more than $60 per barrel mark. Since Ranger Energy Services Inc.’s (RNGR) overall business is positively correlated to oil prices, let’s analyze whether t ...