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Range Resources (RRC)
:RRC
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RRC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$27.29 - $41.65
Previous CloseN/A
Volume1.33M
Average Volume (3M)2.38M
Market Cap
$9.96B
Enterprise Value$9.01B
Total Cash (Recent Filing)$314.00K
Total Debt (Recent Filing)$3.77B
Price to Earnings (P/E)21.0
Beta0.65
Next Earnings
Feb 19, 2025EPS Estimate
0.6Last Dividend Ex-Date
Dec 13, 2024Dividend Yield0.78%
Share Statistics
EPS (TTM)1.97
Shares Outstanding241,309,650
10 Day Avg. Volume2,877,995
30 Day Avg. Volume2,379,113
Standard Deviation0.25
R-Squared0.14
Alpha0.04
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.28
Price to Cash Flow (P/CF)10.10
P/FCF Ratio21.70
Enterprise Value/Market Cap0.90
Enterprise Value/Revenue3.77
Enterprise Value/Gross Profit2.84
Enterprise Value/Ebitda14.55
Forecast
1Y Price Target
$38.17Price Target Upside-7.06% Downside
Rating ConsensusHold
Number of Analyst Covering19
Range Resources News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRRC reported strong 3Q24 results that exceeded expectations across all key metrics, driven by higher NGL volumes and stronger pricing across all products.
Operational EfficiencyThe company raised FY24 production guidance to 2.17 Bcfe/d on well performance and optimized gathering and compression.
Share BuybacksRRC has achieved its balance sheet goals, positioning it to deliver more substantial returns through share buybacks with a $1 billion repurchase authorization remaining.
Bears Say
Commodity Price EnvironmentThere is less attractive upside in the current commodity price environment, justifying the Hold rating.
Operational CapacityThe Marcellus is producing at capacity and there are no new pipelines in the works.
ValuationStrong performance since 2021 leaves minimal upside to our DCF-based price objective of $34/sh, justifying our Neutral.
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Ownership Overview
1.19% Insiders
37.73% Mutual Funds
1.47% Other Institutional Investors
36.44% 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’s price range in the past 12 months?
Range Resources lowest stock price was $27.29 and its highest was $41.65 in the past 12 months.
What is Range Resources’s market cap?
Range Resources’s market cap is $9.96B.
When is Range Resources’s upcoming earnings report date?
Range Resources’s upcoming earnings report date is Feb 19, 2025 which is in 31 days.
How were Range Resources’s earnings last quarter?
Range Resources 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 overvalued?
According to Wall Street analysts Range Resources’s price is currently Overvalued.
Does Range Resources pay dividends?
Range Resources pays a Quarterly dividend of $0.316 which represents an annual dividend yield of 0.78%. See more information on Range Resources dividends here
What is Range Resources’s EPS estimate?
Range Resources’s EPS estimate is 0.6.
How many shares outstanding does Range Resources have?
Range Resources has 241,309,650 shares outstanding.
What happened to Range Resources’s price movement after its last earnings report?
Range Resources 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 3.52%.
Which hedge fund is a major shareholder of Range Resources?
Among the largest hedge funds holding Range Resources’s share is Kopernik Global Investors, Llc. It holds Range Resources’s shares valued at 92M.
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Range Resources Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Hold
Average Price Target:
$38.17 (-7.06% Downside)
$38.17 (-7.06% Downside)
Blogger Sentiment
Bullish
RRC Sentiment 70%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 511.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $55.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 4.4%
Last 30 Days ▲ 4.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.57%
12-Months-Change
Fundamentals
Return on Equity
13.03%
Trailing 12-Months
Asset Growth
5.78%
Trailing 12-Months
Company Description
Range Resources
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
Earnings Call Sentiment|Positive
The earnings call reflected strong operational performance, highlighted by record NGL premiums, robust production, and significant free cash flow generation, despite challenging natural gas prices. The reduction in net debt and low base decline further underscore the company's resilience and strategic positioning. However, the low natural gas prices and increased land spend were noted challenges.Read More>---
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
$38.17
▼(-7.06% Downside)
Technical Analysis
Best Analysts Covering RRC
1 Year
1 Year Success Rate
12/14 ratings generated profit
1 Year Average Return
+18.99%
assigned a buy rating 9 months ago
Copying Derrick Whitfield's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +18.99% per trade.
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