Range Resources (RRC) AI Stock Analysis

• Market Cap: $8.14B
• Dividend Yield: 0.99%
• Average Volume (3M): 2.74M
• Price to Earnings (P/E): 17.2
• Beta (1Y): 0.73
• Revenue Growth: 19.95%
• EPS Growth: 0.94%
• Country: US
• Employees: 565
• Sector: Energy
• Sector Strength: 45
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.66
• Shares Outstanding: 238,191,090
• 10 Day Avg. Volume: 2,176,190
• 30 Day Avg. Volume: 2,736,893
• PEG Ratio: -0.47
• Price to Book (P/B): 2.20
• Price to Sales (P/S): 3.69
• P/FCF Ratio: 27.41
• Enterprise Value/Market Cap: 1.37
• Enterprise Value/Revenue: 3.79
• Enterprise Value/Gross Profit: 10.30
• Enterprise Value/Ebitda: 10.90
• 1Y Price Target: $43.21
• Price Target Upside: 26.42% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 21

• Rating: 72 Outperform
• Price Target: $39.00 ▲(14.10% Upside)

Range Resources' overall stock score is driven by its strong financial recovery and positive earnings call, highlighting operational efficiencies and improved guidance. The lack of detailed technical analysis data and moderate valuation metrics slightly temper the score, but the company's strategic positioning in the growing LNG and NGL markets provides a solid outlook.

Positive Factors

Debt Reduction

The company reduced its net debt to $1.2 billion by paying off senior notes using cash and the credit facility, strengthening its balance sheet.

Production Growth

RRC had a solid quarter beating production estimates by 1% and beating street capex estimates by 13%.

Shareholder Returns

RRC repurchased nearly 1.5 million shares, showing confidence in its own stock value.

Negative Factors

Earnings

Reported adj EBITDA of $321m compared to consensus of $337m.

Valuation Concerns

Analyst maintains a Hold rating on valuation despite positive results and outlook improvements.

Range Resources Business Overview & Revenue Model

Company Description

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties. As of December 31, 2021, the company owned and operated 1,350 net producing wells and approximately 794,000 net acres under lease located in the Appalachian region of the northeastern United States. It markets and sells natural gas and NGLs to utilities, marketing and midstream companies, and industrial users; petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.

How the Company Makes Money

Range Resources generates revenue primarily through the exploration, extraction, and sale of natural gas, natural gas liquids, and crude oil. The company's revenue model is largely driven by the sale of hydrocarbons produced from its drilling activities. Key revenue streams include the sale of natural gas, which constitutes the majority of its output, as well as the sale of oil and NGLs. The company benefits from strategic partnerships and contracts with midstream companies for transportation and processing of its products, which ensures a steady flow of income. Additionally, market prices for natural gas and oil significantly impact the company's earnings, making commodity price fluctuations a critical factor in its financial performance.

Range Resources Financial Statement Overview

Summary

Range Resources exhibits a resilient financial position with strong cash flow generation and effective cost management. The income statement shows solid profitability metrics despite revenue growth challenges. The balance sheet indicates manageable leverage, though maintaining high equity levels is crucial for future growth.

Income Statement

Range Resources has demonstrated solid recovery in its income statement metrics. The TTM Gross Profit Margin is 44.5%, reflecting strong operational efficiency. The Net Profit Margin stands at 11.1%, which is a positive sign of profitability. Revenue growth has been challenging, with a decline in recent years, but the TTM EBIT Margin of 34.1% and EBITDA Margin of 29.4% indicate solid core earnings strength.

Balance Sheet

The balance sheet shows a Debt-to-Equity Ratio of 0.46, indicating manageable leverage levels. The Return on Equity (ROE) is modest at 6.9%, suggesting moderate profitability for shareholders. The Equity Ratio is 53.4%, reflecting a stable capital structure. However, maintaining high equity levels is crucial to support future growth and mitigate risks.

Cash Flow

The cash flow statement reveals a robust Free Cash Flow Growth of 48% in the TTM, indicating strong cash generation. The Operating Cash Flow to Net Income Ratio is 3.48, suggesting effective cash conversion. The Free Cash Flow to Net Income Ratio of 1.73 highlights the company's ability to generate free cash relative to net income, which is a positive indicator for financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.94B	2.35B	2.55B	5.34B	3.58B	1.78B
Gross Profit	1.08B	574.75M	1.14B	3.23B	1.57B	-6.92M
EBITDA	1.02B	727.72M	1.62B	1.96B	1.00B	-130.11M
Net Income	480.13M	266.34M	871.14M	1.18B	411.78M	-711.78M
Balance Sheet
Total Assets	7.11B	7.35B	7.20B	6.63B	6.66B	6.14B
Cash, Cash Equivalents and Short-Term Investments	134.00K	304.49M	211.97M	207.00K	214.42M	458.00K
Total Debt	1.38B	1.82B	1.79B	1.86B	2.73B	3.08B
Total Liabilities	2.98B	3.41B	3.44B	3.75B	4.57B	4.50B
Stockholders Equity	4.13B	3.94B	3.77B	2.88B	2.09B	1.64B
Cash Flow
Free Cash Flow	507.86M	315.93M	371.66M	1.38B	375.51M	-163.75M
Operating Cash Flow	1.13B	944.51M	977.89M	1.86B	792.95M	268.68M
Investing Cash Flow	-620.03M	-623.83M	-601.71M	-489.83M	-417.88M	-184.08M
Financing Cash Flow	-760.97M	-228.16M	-164.42M	-1.59B	-161.10M	-84.69M

Range Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 34.18
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RRC, the sentiment is Negative. The current price of 34.18 is below the 20-day moving average (MA) of 35.83, below the 50-day MA of 38.14, and below the 200-day MA of 36.72, indicating a bearish trend. The MACD of -1.06 indicates Positive momentum. The RSI at 33.02 is Neutral, neither overbought nor oversold. The STOCH value of 6.51 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RRC.

Range Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PR	78 Outperform	$10.70B	8.69	12.86%	4.93%	16.37%	21.22%
MUR	76 Outperform	$3.31B	12.04	5.42%	5.39%	-18.08%	-49.36%
OVV	74 Outperform	$10.19B	17.54	5.75%	3.03%	-12.92%	-68.16%
RRC	72 Outperform	$8.14B	17.20	11.99%	0.99%	19.95%	0.94%
AR	67 Neutral	$10.01B	22.57	6.31%	―	11.65%	415.90%
Sector *	66 Neutral	$14.82B	8.14	6.06%	5.50%	4.59%	-64.35%
CRK	42 Neutral	$4.56B	―	-3.18%	0.66%	17.60%	-385.47%

Range Resources Corporate Events

Range Resources Holds Annual Stockholders Meeting

On May 14, 2025, Range Resources Corporation held its Annual Meeting of Stockholders, where key decisions were made, including the election of seven directors for a one-year term. Additionally, stockholders approved the executive compensation policies and ratified Ernst & Young LLP as the independent accounting firm for the fiscal year ending December 31, 2025.

The most recent analyst rating on (RRC) stock is a Buy with a $45.00 price target. To see the full list of analyst forecasts on Range Resources stock, see the RRC Stock Forecast page.