Range Resources/RRC

$37.03

2.49%
-
1D1W1MYTD1YMAX

About Range Resources

Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and crude oil and condensate company. The Company is engaged in the exploration, development and acquisition of natural gas and oil properties in the Appalachian region of the United States. Its principal area of operations is the Marcellus Shale in Pennsylvania. Its properties consist of interests in developed and undeveloped natural gas and oil leases. It owns approximately 1,466 net producing wells in Pennsylvania. It has an unbooked resource potential within the Marcellus, Utica/Point Pleasant and Upper Devonian formations. Its exploration and production operations are limited to the onshore United States. It has approximately 860,000 gross (753,000 net) acres under lease. Its subsidiaries include Range Resources-Appalachia, LLC, Range Resources-Pine Mountain, LLC, Range Production Company, LLC, Range Resources-Midcontinent, LLC and Range Resources-Louisiana, Inc.

Ticker

RRC

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

Dennis Degner

Employees

548

Headquarters

Fort worth, United States

Range Resources Metrics

BasicAdvanced
$8.9B
Market cap
18.41
P/E ratio
$2.00
EPS
1.81
Beta
$0.32
Dividend rate
0.87%
Dividend yield
$8.9B
1.80942
$39.33
$25.89
2.4M
$0.32
1.35
45.88
45.88
16.21%
80.95
6.76%
13.38%
7.49%
18.407
3.833
2.337
2.338
67.105
0.87%
0.87%
-53.64%
-76.58%
12.76%
25.99%

What the Analysts think about Range Resources

Analyst Ratings

Majority rating from 26 analysts.
Hold

Price Targets

Average projection from 24 analysts.
4.73% upside
High $48.00
Low $30.00
$37.03
Current price
$38.78
Average price target

Range Resources Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
15.38% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$599M
-7.92%
Net income
$92M
-70.29%
Profit margin
15.38%
-67.74%

Range Resources Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 20.2%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.30
$0.46
$0.63
$0.69
-
Expected
$0.25
$0.35
$0.48
$0.57
$0.47
Surprise
21.5%
32.36%
31.38%
20.2%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Range Resources stock?

Range Resources (RRC) has a market cap of $8.9B as of May 30, 2024.

What is the P/E ratio for Range Resources stock?

The price to earnings (P/E) ratio for Range Resources (RRC) stock is 18.41 as of May 30, 2024.

Does Range Resources stock pay dividends?

Yes, the Range Resources (RRC) stock pays dividends to shareholders. As of May 30, 2024, the dividend rate is $0.32 and the yield is 0.87%. Range Resources has a payout ratio of 16.21% on a trailing twelve-month basis.

When is the next Range Resources dividend payment date?

The next Range Resources (RRC) dividend payment date is unconfirmed.

What is the beta indicator for Range Resources?

Range Resources (RRC) has a beta rating of 1.81. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Range Resources stock price target?

The target price for Range Resources (RRC) stock is $38.78, which is 4.73% above the current price of $37.03. This is an average based on projections from 24 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Range Resources stock

Buy or sell Range Resources stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing