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Range Resources Corp (RRC)
NYSE:RRC
Range Resources (RRC) Stock Price & Analysis
851 Followers
RRC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$25.61 - $38.25
Previous Close$36.91
Volume2.53M
Average Volume (3M)2.47M
Market Cap
$8.96B
Enterprise Value$8.81B
Total Cash (Recent Filing)$162.80M
Total Debt (Recent Filing)$17.61M
Price to Earnings (P/E)18.8
Beta1.01
Next Earnings
Jul 22, 2024EPS Estimate
$0.48Last Dividend Ex-Date
Mar 14, 2024Dividend Yield0.87%
Share Statistics
EPS (TTM)1.97
Shares Outstanding242,626,942
10 Day Avg. Volume2,242,274
30 Day Avg. Volume2,467,447
Standard Deviation0.26
R-Squared0.14
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)2.57
Price to Sales (P/S)2.16
Price to Cash Flow (P/CF)14.80
P/FCF Ratio13.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.94
Enterprise Value/Gross Profit2.37
Enterprise Value/Ebitda4.29
Forecast
1Y Price Target
$37.00Price Target Upside-2.06% Downside
Rating ConsensusHold
Number of Analyst Covering20
Range Resources News
Bulls Say, Bears Say
Bulls Say
Financial StrategyThe company's flexibility in shareholder returns and opportunistic share buybacks signal a proactive approach to managing shareholder value.
Market OutlookRobust international demand for NGL and limited non-US supply could strengthen prices benefiting RRC's financials.
Operational EfficiencyRRC's low base decline rate and consistent execution in the field indicates operational efficiency.
Bears Say
GuidanceInvestors may have a negative response due to underwhelming 2024 guidance relative to expectations.
ProfitabilityNatural gas realizations were lower than estimated, which could impact overall profitability.
ValuationRelatively high valuation multiples might suggest limited upside potential in the stock's price.
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Ownership Overview
4.90% Insiders
44.78% Mutual Funds
50.29% Other Institutional Investors
0.03% 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 $25.61 and its highest was $38.25 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 Jul 22, 2024 which is in 65 days.
How were Range Resources Corp’s earnings last quarter?
Range Resources Corp released its earnings results on Apr 23, 2024. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.596 by $0.094.
Is Range Resources Corp overvalued?
According to Wall Street analysts Range Resources Corp’s price is currently Overvalued.
Does Range Resources Corp pay dividends?
Range Resources Corp pays a Quarterly dividend of $0.08 which represents an annual dividend yield of 0.87%. See more information on Range Resources Corp dividends here
What is Range Resources Corp’s EPS estimate?
Range Resources Corp’s EPS estimate is $0.48.
How many shares outstanding does Range Resources Corp have?
Range Resources Corp has 242,626,940 shares outstanding.
What happened to Range Resources Corp’s price movement after its last earnings report?
Range Resources Corp reported an EPS of $0.69 in its last earnings report, beating expectations of $0.596. Following the earnings report the stock price went up 3.253%.
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 101M.
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Range Resources Stock Smart Score
Neutral
1
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10
Analyst Consensus
Hold
Average Price Target:
$37.00 (-2.06% Downside)
$37.00 (-2.06% Downside)
Blogger Sentiment
Bullish
RRC Sentiment 85%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 1.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $551.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 8.8%
Last 30 Days ▲ 3.5%
Last 30 Days ▲ 3.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.20%
12-Months-Change
Fundamentals
Return on Equity
13.34%
Trailing 12-Months
Asset Growth
7.11%
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
Q1 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
$37.00
▼(-2.06% Downside)
Technical Analysis
Best Analysts Covering RRC
1 Year
1 Year Success Rate
14/14 ratings generated profit
1 Year Average Return
+20.71%
assigned a buy rating 24 days ago
Copying Derrick Whitfield's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +20.71% per trade.
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