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Range Resources Corp (RRC)
NYSE:RRC
Holding RRC?
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RRC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$27.29 - $39.33
Previous Close$34.13
Volume1.82M
Average Volume (3M)2.23M
Market Cap
$8.24B
Enterprise Value$8.70B
Total Cash (Recent Filing)$277.45M
Total Debt (Recent Filing)$739.57M
Price to Earnings (P/E)17.3
Beta0.66
Next Earnings
Feb 19, 2025EPS Estimate
$0.57Last Dividend Ex-Date
Dec 13, 2024Dividend Yield0.95%
Share Statistics
EPS (TTM)1.97
Shares Outstanding241,309,647
10 Day Avg. Volume1,782,090
30 Day Avg. Volume2,234,512
Standard Deviation0.26
R-Squared0.14
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)2.12
Price to Sales (P/S)3.53
Price to Cash Flow (P/CF)8.40
P/FCF Ratio18.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.64
Enterprise Value/Gross Profit2.74
Enterprise Value/Ebitda14.04
Forecast
1Y Price Target
$35.67Price Target Upside4.97% Upside
Rating ConsensusHold
Number of Analyst Covering17
Range Resources News
Bulls Say, Bears Say
Bulls Say
Financial StabilityRRC's management views share repurchases as an attractive option moving forward, indicating confidence in the company's financial stability.
Market PositioningThe U.S. natural gas market is anticipated to move from an oversupply to an undersupply position, which could benefit RRC as it is well-positioned to take advantage of potential price increases.
Operational EfficiencyRRC's operational flexibility and deep inventory of wells provide the ability to scale production in response to market demands, which is a strategic advantage.
Bears Say
Commodity Price EnvironmentThere is less attractive upside in the current commodity price environment, justifying the Hold rating.
Market ValuationRange trades at the higher end of the peer group on 2025E EBITDA (5.8x vs. 5.4x average), while having less than 10% upside to our DCF-based PO, which assumes $3.75 NYMEX Gas.
Production CapacityThe Marcellus is producing at capacity and there are no new pipelines in the works.
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Ownership Overview
1.19% Insiders
37.86% Mutual Funds
25.53% Other Institutional Investors
11.60% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RRC FAQ
What was Range Resources Corp’s price range in the past 12 months?
Range Resources Corp lowest stock price was $27.29 and its highest was $39.33 in the past 12 months.
What is Range Resources Corp’s market cap?
Currently, no data Available
When is Range Resources Corp’s upcoming earnings report date?
Range Resources Corp’s upcoming earnings report date is Feb 19, 2025 which is in 60 days.
How were Range Resources Corp’s earnings last quarter?
Range Resources Corp released its earnings results on Oct 22, 2024. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.372 by $0.108.
Is Range Resources Corp overvalued?
According to Wall Street analysts Range Resources Corp’s price is currently Undervalued.
Does Range Resources Corp pay dividends?
Range Resources Corp pays a Quarterly dividend of $0.079 which represents an annual dividend yield of 0.95%. See more information on Range Resources Corp dividends here
What is Range Resources Corp’s EPS estimate?
Range Resources Corp’s EPS estimate is $0.57.
How many shares outstanding does Range Resources Corp have?
Range Resources Corp has 241,309,650 shares outstanding.
What happened to Range Resources Corp’s price movement after its last earnings report?
Range Resources Corp reported an EPS of $0.48 in its last earnings report, beating expectations of $0.372. Following the earnings report the stock price went up 3.512%.
Which hedge fund is a major shareholder of Range Resources Corp?
Among the largest hedge funds holding Range Resources Corp’s share is Kopernik Global Investors, Llc. It holds Range Resources Corp’s shares valued at 92M.
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Range Resources Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$35.67 (4.97% Upside)
$35.67 (4.97% Upside)
Blogger Sentiment
Bullish
RRC Sentiment 80%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 511.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $455.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 3.7%
Last 30 Days ▲ 3.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.08%
12-Months-Change
Fundamentals
Return on Equity
13.03%
Trailing 12-Months
Asset Growth
5.78%
Trailing 12-Months
Company Description
Range Resources Corp
Range Resources Corp. engages in the exploration, development, and acquisition of natural gas and oil properties in the Appalachian and Midcontinent regions. The company was founded in 1976 and is headquartered in Fort Worth, TX.
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RRC Company Deck
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RRC Earnings Call
Q3 2024
0:00 / 0:00
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RRC Revenue Breakdown
48.34% Natural gas sales
36.57% NGLs sales
7.66% Sales of purchased natural gas
6.52% Oil and condensate sales
0.90% Other
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RRC Stock 12 Month Forecast
Average Price Target
$35.67
▲(4.97% Upside)
Technical Analysis
Best Analysts Covering RRC
1 Year
1 Year Success Rate
11/14 ratings generated profit
1 Year Average Return
+15.86%
assigned a buy rating 8 months ago
Copying Derrick Whitfield's trades and holding each position for 1 Year would result in 78.57% of your transactions generating a profit, with an average return of +15.86% per trade.
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