Range Resources (RRC) AI Stock Analysis

• Market Cap: $8.16B
• Dividend Yield: 0.98%
• Average Volume (3M): 2.70M
• Price to Earnings (P/E): 17.4
• Beta (1Y): 0.74
• Revenue Growth: 19.95%
• EPS Growth: 0.94%
• Country: US
• Employees: 565
• Sector: Energy
• Sector Strength: 68
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.66
• Shares Outstanding: 238,191,090
• 10 Day Avg. Volume: 2,541,608
• 30 Day Avg. Volume: 2,700,110
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.36
• Enterprise Value/Revenue: 3.79
• Enterprise Value/Gross Profit: 10.30
• Enterprise Value/Ebitda: 10.90
• 1Y Price Target: $42.78
• Price Target Upside: 24.54% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 20

• Rating: 72 Outperform
• Price Target: $39.00 ▲(13.54% 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 Management

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 and Demand

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, leaving $900 million available in the repurchase program, indicating strong shareholder value focus.

Negative Factors

Earnings Report

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

Valuation

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 robust financial recovery, particularly in cash flow and income statement metrics. The company has improved its profitability and cash generation, while maintaining a stable balance sheet with reduced leverage. Despite past volatility, the current trajectory is positive, positioning the company well for future growth.

Income Statement

Range Resources has demonstrated a strong recovery in its income statement metrics. The TTM data shows a significant improvement in gross profit margin (32.99%) and net profit margin (26.17%) compared to previous years. Revenue growth rate is positive at 13.22%, indicating a rebound from past declines. However, historical volatility in revenue and profit margins suggests potential risks.

Balance Sheet

The balance sheet reflects a solid financial position with a low debt-to-equity ratio of 0.03 in the TTM period, down from higher levels in previous years. Return on equity is moderate at 12.10%, showing effective use of equity. However, the equity ratio is not explicitly provided, which limits a full assessment of asset financing.

Cash Flow

Cash flow metrics are strong, with a substantial free cash flow growth rate of 62.24% in the TTM period. The operating cash flow to net income ratio is healthy at 1.95, indicating efficient cash generation relative to earnings. The free cash flow to net income ratio is also solid at 0.45, reflecting good cash conversion.

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: Neutral
• Last Price: 34.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RRC, the sentiment is Neutral. The current price of 34.35 is above the 20-day moving average (MA) of 34.01, below the 50-day MA of 36.29, and below the 200-day MA of 36.90, indicating a neutral trend. The MACD of -0.53 indicates Negative momentum. The RSI at 46.43 is Neutral, neither overbought nor oversold. The STOCH value of 76.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for RRC.

Range Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PR	79 Outperform	$11.43B	9.28	12.86%	4.55%	16.37%	21.22%
RRC	72 Outperform	$8.16B	17.44	11.99%	0.98%	19.95%	0.94%
MUR	71 Outperform	$3.55B	13.44	5.42%	4.92%	-18.08%	-49.36%
OVV	70 Outperform	$10.83B	18.92	5.75%	2.81%	-12.92%	-68.16%
AR	67 Neutral	$9.86B	22.24	6.31%	―	11.65%	415.90%
Sector *	66 Neutral	$15.43B	7.32	3.20%	5.24%	4.22%	-60.66%
CRK	44 Neutral	$4.73B	―	-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.