Range Resources Corp's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 42/120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 41.77.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Range Resources Corp's Score
Industry at a Glance
Industry Ranking
42 / 120
Overall Ranking
181 / 4582
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
26
analysts
Hold
Current Rating
41.768
Target Price
+10.85%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Range Resources Corp Highlights
StrengthsRisks
Range Resources Corporation is an independent natural gas and natural gas liquids (NGLs) producer. 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 1,431 net producing wells in Pennsylvania. It holds a portfolio of drilling opportunities and 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 871,000 gross (763,000 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.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 29.35%.
Undervalued
The company’s latest PB is 1.95, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 236.26M shares, decreasing 5.34% quarter-over-quarter.
Range Resources Corporation is an independent natural gas and natural gas liquids (NGLs) producer. 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 1,431 net producing wells in Pennsylvania. It holds a portfolio of drilling opportunities and 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 871,000 gross (763,000 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 SymbolRRC
CompanyRange Resources Corp
CEODegner (Dennis L)
Websitehttps://www.rangeresources.com/
FAQs
What is the current price of Range Resources Corp (RRC)?
The current price of Range Resources Corp (RRC) is 34.510.
What is the symbol of Range Resources Corp?
The ticker symbol of Range Resources Corp is RRC.
What is the 52-week high of Range Resources Corp?
The 52-week high of Range Resources Corp is 43.500.
What is the 52-week low of Range Resources Corp?
The 52-week low of Range Resources Corp is 30.320.
What is the market capitalization of Range Resources Corp?
The market capitalization of Range Resources Corp is 8.18B.
What is the net income of Range Resources Corp?
The net income of Range Resources Corp is 265.04M.
Is Range Resources Corp (RRC) currently rated as Buy, Hold, or Sell?
According to analysts, Range Resources Corp (RRC) has an overall rating of Hold, with a price target of 41.768.
What is the Earnings Per Share (EPS TTM) of Range Resources Corp (RRC)?
The Earnings Per Share (EPS TTM) of Range Resources Corp (RRC) is 2.396.