Range Resources Corporation Company Profile (NYSE:RRC)

About Range Resources Corporation

Range Resources Corporation logoRange Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and oil company. The Company operates through the exploration and production of natural gas, NGLs and oil in the United States segment. The Company is engaged in the exploration, development and acquisition of natural gas and oil properties, focused in the Appalachian region of the United States. The Company's natural gas and oil operations are concentrated in the Appalachian region of the United States, primarily in the Marcellus Shale in Pennsylvania. Its reserves also include the Utica/Point Pleasant, Medina and Upper Devonian formations, which principally produce at depths ranging from 3,500 feet to 11,500 feet. Its other operations include drilling, production and field operations in the Texas Panhandle, as well as in the Anadarko Basin of western Oklahoma, the Nemaha Uplift of Northern Oklahoma and Kansas, the Permian Basin of West Texas and Mississippi.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NYSE
  • Symbol: RRC
  • CUSIP: 75281A10
Key Metrics:
  • Previous Close: $31.27
  • 50 Day Moving Average: $33.76
  • 200 Day Moving Average: $36.67
  • 52-Week Range: $243,812,000.00 - $21.69
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 53.00
  • P/E Growth: -44.93
  • Market Cap: $7.62B
  • Outstanding Shares: 243,812,000
  • Beta: 1.12
Profitability:
  • Net Margins: -54.13%
  • Return on Equity: -13.00%
  • Return on Assets: -5.54%
Debt:
  • Debt-to-Equity Ratio: 0.70%
  • Current Ratio: 0.82%
  • Quick Ratio: 0.74%
Additional Links:
Companies Related to Range Resources Corporation:

Analyst Ratings

Consensus Ratings for Range Resources Corporation (NYSE:RRC) (?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 23 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $45.97 (47.02% upside)

Analysts' Ratings History for Range Resources Corporation (NYSE:RRC)
Show:
DateFirmActionRatingPrice TargetDetails
2/6/2017NomuraUpgradeNeutral -> Buy$45.00View Rating Details
2/6/2017InstinetUpgradeNeutral -> Buy$45.00View Rating Details
2/6/2017ScotiabankReiterated RatingBuy$49.00View Rating Details
1/26/2017Barclays PLCLower Price TargetUnderweight$28.00 -> $27.00View Rating Details
1/25/2017R. F. LaffertyInitiated CoverageBuy$58.00View Rating Details
1/18/2017Jefferies Group LLCReiterated RatingBuy$44.00View Rating Details
1/4/2017RBC Capital MarketsReiterated RatingBuy$50.00View Rating Details
12/15/2016Howard WeilUpgradeSector Perform -> Outperform$49.00View Rating Details
11/17/2016BMO Capital MarketsUpgradeMarket Perform -> Outperform$44.00View Rating Details
10/31/2016Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$47.00View Rating Details
10/28/2016Imperial CapitalLower Price TargetOutperform$55.00 -> $50.00View Rating Details
10/7/2016J P Morgan Chase & CoUpgradeNeutral -> Overweight$46.00View Rating Details
9/30/2016Stifel NicolausReiterated RatingBuy$52.00View Rating Details
9/28/2016GMP SecuritiesInitiated CoverageBuy$47.00View Rating Details
9/21/2016Credit Suisse GroupReiterated RatingOutperform$49.00View Rating Details
9/20/2016Morgan StanleyInitiated CoverageEqual Weight$45.00View Rating Details
7/28/2016KLR GroupUpgradeAccumulate -> Buy$53.00View Rating Details
7/19/2016Cantor FitzgeraldReiterated RatingNeutralView Rating Details
7/15/2016Piper Jaffray CompaniesReiterated RatingOverweight$52.00View Rating Details
7/13/2016SimmonsInitiated CoverageOverweight$53.00 -> $52.00View Rating Details
6/14/2016Deutsche Bank AGLower Price TargetHold$45.00 -> $40.00View Rating Details
5/18/2016KeyCorpReiterated RatingEqual WeightView Rating Details
5/17/2016Citigroup Inc.Reiterated RatingBuyView Rating Details
5/17/2016Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$37.69 -> $43.32View Rating Details
5/16/2016Sanford C. BernsteinReiterated RatingOutperformView Rating Details
5/2/2016Royal Bank Of CanadaBoost Price TargetOutperform$43.00 -> $47.00View Rating Details
4/30/2016Drexel HamiltonReiterated RatingBuyView Rating Details
4/15/2016Tudor PickeringDowngradeBuy -> HoldView Rating Details
3/21/2016MacquarieDowngradeOutperform -> NeutralView Rating Details
3/10/2016Robert W. BairdDowngradeOutperform -> Neutral$30.00 -> $31.00View Rating Details
3/8/2016Susquehanna Bancshares IncReiterated RatingPositiveView Rating Details
2/2/2016SunTrust Banks, Inc.Initiated CoverageNeutralView Rating Details
1/27/2016Wolfe ResearchDowngradeOutperform -> Market PerformView Rating Details
1/12/2016Cowen and CompanyLower Price Target$57.00 -> $31.00View Rating Details
12/1/2015GuggenheimReiterated RatingBuyView Rating Details
11/2/2015Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformView Rating Details
10/19/2015Seaport Global SecuritiesLower Price Target$60.00 -> $56.00View Rating Details
8/24/2015Bank of America CorpLower Price TargetBuy$86.00 -> $65.00View Rating Details
6/2/2015Evercore Partners Inc.Initiated CoverageHold$68.00View Rating Details
6/1/2015Evercore ISIInitiated CoverageHold$68.00View Rating Details
5/5/2015Canaccord GenuityBoost Price TargetBuy$58.00 -> $70.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Range Resources Corporation (NYSE:RRC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017$0.10N/AView Earnings Details
10/25/2016Q316($0.16)($0.06)$152.84 million$413.00 millionViewN/AView Earnings Details
7/26/2016Q216($0.21)($0.14)$327.40 million$362.67 millionViewListenView Earnings Details
4/28/2016Q1($0.19)($0.10)$319.11 million$331.40 millionViewListenView Earnings Details
2/25/2016Q415$0.06$0.25$418.21 million$456.00 millionViewListenView Earnings Details
10/28/2015Q315($0.05)$0.03$407.66 million$416.00 millionViewListenView Earnings Details
7/28/2015Q215$0.04$0.01$407.59 million$404.60 millionViewListenView Earnings Details
4/28/2015Q1$0.13$0.19$420.92 million$462.63 millionViewListenView Earnings Details
2/24/2015Q414$0.30$0.39$490.57 million$519.00 millionViewListenView Earnings Details
10/29/2014Q314$0.33$0.37$488.50 million$617.00 millionViewListenView Earnings Details
7/28/2014Q214$0.41$0.36$483.22 million$482.00 millionViewListenView Earnings Details
4/28/2014Q114$0.46$0.20$486.70 million$457.34 millionViewListenView Earnings Details
2/26/2014Q413$0.38$0.42$459.87 million$461.00 millionViewListenView Earnings Details
10/30/2013Q313$0.32$0.35$436.60 million$433.00 millionViewListenView Earnings Details
7/24/2013Q2 2013$0.33$0.34$420.70 million$431.00 millionViewListenView Earnings Details
4/25/2013Q1 2013$0.28$0.33$391.04 million$398.24 millionViewListenView Earnings Details
2/26/2013Q4 2012$0.28$0.46$399.53 million$458.04 millionViewListenView Earnings Details
10/24/2012Q312$0.17$0.20$349.28 million$337.04 millionViewN/AView Earnings Details
7/24/2012$0.08$0.11ViewN/AView Earnings Details
4/25/2012$0.17$0.15ViewN/AView Earnings Details
10/25/2011$0.25$0.28ViewN/AView Earnings Details
7/25/2011$0.19$0.27ViewN/AView Earnings Details
4/26/2011$0.19$0.22ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Range Resources Corporation (NYSE:RRC)
Current Year EPS Consensus Estimate: $-0.16 EPS
Next Year EPS Consensus Estimate: $0.59 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163($0.38)($0.03)($0.23)
Q2 20162($0.41)($0.17)($0.29)
Q3 20162($0.30)($0.16)($0.23)
Q4 20162($0.27)($0.07)($0.17)
Q1 20172($0.23)($0.11)($0.17)
Q2 20172($0.35)($0.26)($0.31)
Q3 20172($0.24)($0.15)($0.20)
Q4 20172($0.32)($0.25)($0.29)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Range Resources Corporation (NYSE:RRC)
Annual Dividend:$0.08
Dividend Yield:0.26%
Dividend Growth:-20.60% (3 Year Average)
Payout Ratio:-1.97% (Based on Trailing 12 Months of Earnings)
-50.00% (Based on Current Year Consensus EPS Estimate)
13.56% (Based on Next Year Consensus EPS Estimate)

Dividend History for Range Resources Corporation (NYSE:RRC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/1/2016quarterly$0.020.22%12/14/201612/16/201612/30/2016
9/2/2016quarterly$0.020.2%9/14/20169/16/20169/30/2016
6/1/2016quarterly$0.020.19%6/13/20166/15/20166/30/2016
2/25/2016quarterly$0.020.34%3/11/20163/15/20163/31/2016
12/2/2015quarterly$0.040.55%12/11/201512/15/201512/31/2015
9/1/2015quarterly$0.040.42%9/11/20159/15/20159/30/2015
6/1/2015quarterly$0.040.29%6/12/20156/16/20156/30/2015
3/2/2015quarterly$0.040.32%3/12/20153/16/20153/31/2015
12/1/2014quarterly$0.040.25%12/11/201412/15/201412/31/2014
8/29/2014quarterly$0.040.21%9/11/20149/15/20149/30/2014
6/2/2014quarterly$0.040.17%6/12/20146/16/20146/30/2014
2/28/2014quarterly$0.040.19%3/12/20143/14/20143/31/2014
12/2/2013quarterly$0.040.21%12/12/201312/16/201312/31/2013
9/3/2013quarterly$0.040.21%9/12/20139/16/20139/30/2013
5/31/2013quarterly$0.040.21%6/12/20136/14/20136/28/2013
3/1/2013quarterly$0.040.21%3/13/20133/15/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Range Resources Corporation (NYSE:RRC)
Insider Ownership Percentage: 2.40%
Institutional Ownership Percentage: 87.70%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/27/2016Gregory Gene MaxwellDirectorBuy1,000$37.00$37,000.00View SEC Filing  
9/19/2016Ray N Walker JrCOOSell13,350$37.53$501,025.50View SEC Filing  
6/21/2016Anthony V DubDirectorSell5,106$45.57$232,680.42View SEC Filing  
5/26/2016Anthony V DubDirectorSell5,000$41.61$208,050.00View SEC Filing  
5/25/2016Chad L StephensVPSell30,562$43.00$1,314,166.00View SEC Filing  
5/25/2016Ray N Walker JrCOOSell25,090$43.00$1,078,870.00View SEC Filing  
5/25/2016Roger S MannyCFOSell2,934$43.00$126,162.00View SEC Filing  
3/11/2016Jeffrey L VenturaCEOSell7,044$31.11$219,138.84View SEC Filing  
1/8/2016Jeffrey L VenturaCEOSell4,398$25.75$113,248.50View SEC Filing  
1/8/2016Ray N Walker JrCOOSell2,500$25.75$64,375.00View SEC Filing  
1/8/2016Roger S MannyCFOSell633$25.75$16,299.75View SEC Filing  
12/15/2015John H. PinkertonDirectorSell266,235$21.65$5,763,987.75View SEC Filing  
12/14/2015John H. PinkertonDirectorSell100,000$21.81$2,181,000.00View SEC Filing  
12/8/2015John H. PinkertonDirectorSell64,288$26.00$1,671,488.00View SEC Filing  
12/7/2015John H. PinkertonDirectorSell36,998$26.51$980,816.98View SEC Filing  
11/5/2015John H. PinkertonDirectorSell50,000$35.50$1,775,000.00View SEC Filing  
10/29/2015John H PinkertonDirectorSell50,000$30.07$1,503,500.00View SEC Filing  
8/26/2015Jeffrey L VenturaCEOSell8,001$34.81$278,514.81View SEC Filing  
5/26/2015Ray N Walker JrCOOSell19,598$57.04$1,117,869.92View SEC Filing  
4/16/2015Chad L StephensVPSell5,611$59.82$335,650.02View SEC Filing  
4/16/2015Jonathan S LinkerDirectorSell1,684$60.21$101,393.64View SEC Filing  
4/8/2015Jeffrey L VenturaCEOSell14,175$55.92$792,666.00View SEC Filing  
4/8/2015Rodney L WallerVPSell3,141$55.50$174,325.50View SEC Filing  
4/7/2015John H PinkertonDirectorSell20,545$56.26$1,155,861.70View SEC Filing  
3/30/2015John H PinkertonDirectorSell100,000$51.65$5,165,000.00View SEC Filing  
2/4/2015John H PinkertonDirectorSell100,000$49.96$4,996,000.00View SEC Filing  
2/2/2015Ray N Walker JrCOOSell6,500$46.91$304,915.00View SEC Filing  
1/20/2015Alan W FarquharsonVPSell9,922$48.33$479,530.26View SEC Filing  
1/20/2015Jeffrey L VenturaCEOSell8,920$48.33$431,103.60View SEC Filing  
1/20/2015Ray N Walker JrCOOSell2,480$48.33$119,858.40View SEC Filing  
11/20/2014Roger S MannyCFOSell3,689$73.78$272,174.42View SEC Filing  
9/5/2014Ray N Walker JrCOOSell4,000$74.55$298,200.00View SEC Filing  
6/17/2014David P PooleVPSell13,864$87.95$1,219,338.80View SEC Filing  
6/17/2014Ray N Walker JrCOOSell17,322$86.92$1,505,628.24View SEC Filing  
5/6/2014Chad StephensVPSell12,806$90.39$1,157,534.34View SEC Filing  
3/17/2014James FunkDirectorSell1,577$86.93$137,088.61View SEC Filing  
1/30/2014Chad StephensVPSell13,489$85.99$1,159,919.11View SEC Filing  
1/30/2014Ray Walker, Jr.COOSell2,568$85.56$219,718.08View SEC Filing  
1/15/2014Anthony DubDirectorSell9,938$82.87$823,562.06View SEC Filing  
1/15/2014Ray Walker, Jr.COOSell2,700$83.69$225,963.00View SEC Filing  
1/8/2014James FunkDirectorSell1,952$81.84$159,751.68View SEC Filing  
1/2/2014Allen FinkelsonDirectorSell3,516$83.21$292,566.36View SEC Filing  
12/27/2013Jonathan LinkerDirectorSell3,460$83.30$288,218.00View SEC Filing  
12/12/2013Anthony DubDirectorSell3,000$80.78$242,340.00View SEC Filing  
12/10/2013Rodney WallerVPSell8,704$81.57$709,985.28View SEC Filing  
10/15/2013David P PooleVPSell12,300$79.09$972,807.00View SEC Filing  
9/11/2013Chad L StephensVPSell10,000$78.57$785,700.00View SEC Filing  
8/15/2013Jeffrey VenturaCEOSell21,401$76.95$1,646,806.95View SEC Filing  
8/5/2013David P PooleVPSell1,306$81.56$106,517.36View SEC Filing  
8/5/2013Roger S MannyCFOSell11,680$81.53$952,270.40View SEC Filing  
6/26/2013Ray N Walker JrCOOSell2,306$78.86$181,851.16View SEC Filing  
6/18/2013David P PooleVPSell8,699$79.95$695,485.05View SEC Filing  
5/22/2013Alan W FarquharsonVPSell30,000$77.10$2,313,000.00View SEC Filing  
5/21/2013Ray N Walker JrCOOSell5,752$78.13$449,403.76View SEC Filing  
3/12/2013Alan W FarquharsonVPSell5,883$79.15$465,639.45View SEC Filing  
3/11/2013Chad L StephensVPSell10,000$79.28$792,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Range Resources Corporation (NYSE:RRC)
DateHeadline
News IconToday Analysts Focus on Chimera Investment Corporation (CIM), Range Resources Corporation (RRC) - StockNewsJournal (NYSE:RRC)
stocknewsjournal.com - February 18 at 8:24 AM
News IconThe Technical Case for and Against Range Resources Corporation (RRC) - The USA Commerce (NYSE:RRC)
theusacommerce.com - February 18 at 8:24 AM
News IconSell-Side Analyst's Predictions: Laredo Petroleum, Inc. (LPI), Range Resources Corporation (RRC) - The USA Commerce (NYSE:RRC)
www.theusacommerce.com - February 18 at 8:24 AM
seekingalpha.com logoRange Resources Corporation (RRC) Presents at Credit Suisse 22nd Annual Energy Summit (NYSE:RRC)
seekingalpha.com - February 16 at 7:15 PM
News IconImpact of Brokerage Rating on Range Resources Corporation(RRC) (NYSE:RRC)
latribunadecanarias.com - February 16 at 7:15 PM
News IconRange Resources Corporation (RRC): How technical indicators have come out? (NYSE:RRC)
nyhetsbanken.info - February 16 at 7:15 PM
News IconToday's Brokerage Rating: Zayo Group Holdings, Inc. (ZAYO ... - StockNewsJournal (NYSE:RRC)
stocknewsjournal.com - February 15 at 1:20 AM
News IconTaking a Look at the Chart for Range Resources Corporation (RRC) - The USA Commerce (NYSE:RRC)
theusacommerce.com - February 15 at 1:20 AM
wsj.com logo[$$] Carnelian Energy Invests in Grit Oil & Gas Partners (NYSE:RRC)
www.wsj.com - February 15 at 1:20 AM
News IconShares Bounding to a New High Mark: Range Resources Corporation (NYSE:RRC) (NYSE:RRC)
prensariotiretail.com - February 14 at 6:03 AM
News IconRange Resources Corporation (NYSE:RRC) PT Suggests Stock Is Worth Around $47.19 (NYSE:RRC)
www.graffiotech.com - February 14 at 6:03 AM
News IconStock under Review: Range Resources Corporation (NYSE:RRC) (NYSE:RRC)
xboxonezone.com - February 14 at 6:03 AM
News IconIs a Pullback Coming For Range Resources Corporation (NYSE:RRC)? - Aiken Advocate (NYSE:RRC)
aikenadvocate.com - February 13 at 8:43 AM
News IconRobert Wood Johnson Foundation adds Range Resources Corp. (RRC) by $3058983 - Highland Mirror (NYSE:RRC)
www.highlandmirror.com - February 12 at 12:42 AM
News IconSanders Capital Boosts Position by $486799693 in Range Resources Corp. (RRC) (NYSE:RRC)
nyhetsbanken.info - February 8 at 11:34 PM
News IconHot Stock for Investors: Range Resources Corporation (NYSE:RRC) (NYSE:RRC)
latribunadecanarias.com - February 8 at 11:34 PM
News IconTaking a Fresh Look at Range Resources Corporation (RRC) (NYSE:RRC)
cote-ivoire.com - February 7 at 11:35 PM
News IconSell-Side Analyst's Predictions: JetBlue Airways Corporation (JBLU), Range Resources Corporation (RRC) - The USA Commerce (NYSE:RRC)
theusacommerce.com - February 7 at 8:20 AM
News IconOffice Depot, Inc. (ODP), Range Resources Corporation (RRC) Stock Eyes Ahead of Earnings - The USA Commerce (NYSE:RRC)
theusacommerce.com - February 7 at 8:20 AM
News IconThe OMERS ADMINISTRATION Corp Invests $251000 in California Resources Corporation (CRC) (NYSE:RRC)
xboxonezone.com - February 6 at 7:43 PM
News IconRange Res Corp (RRC) Stock Price Declined While Sailingstone Capital Partners LLC Decreased Its Holding (NYSE:RRC)
randolphguide.com - February 6 at 7:43 PM
finance.yahoo.com logoRange Resources upgraded by Instinet (NYSE:RRC)
finance.yahoo.com - February 6 at 7:43 PM
marketrealist.com logoHow’s Southwestern Energy Stock Looking in 2017? (NYSE:RRC)
marketrealist.com - February 6 at 7:43 PM
marketrealist.com logoWill Trump Impact US Natural Gas Consumption? (NYSE:RRC)
marketrealist.com - February 6 at 8:39 AM
News IconRange Resources Corporation (RRC) : How Do the Technicals Stack Up? - The USA Commerce (NYSE:RRC)
www.theusacommerce.com - February 3 at 11:39 PM
News IconAntero Resources Corporation (NYSE:AR) Consensus EPS Forecasts (NYSE:RRC)
emfizz.com - February 3 at 3:09 AM
thestreet.com logoRange Resources Will Climb, Slowly (NYSE:RRC)
realmoney.thestreet.com - February 3 at 3:09 AM
News IconAntero Resources Corporation (NYSE:AR) Analyst Estimates (NYSE:RRC)
ibusinesslines.com - February 2 at 5:19 AM
News IconEarnings Forecast Research on Eclipse Resources Corporation (ECR) (NYSE:RRC)
lasignare.com - February 2 at 5:19 AM
News IconRange Resources Corporation (NYSE:RRC) Earns 13 Analysts Hold Rating (NYSE:RRC)
diy-home-garden.com - February 2 at 5:19 AM
News IconRange Resources Corporation (NYSE:RRC) EPS Analysis (NYSE:RRC)
xboxonezone.com - February 2 at 12:17 AM
bizjournals.com logoPitzarella leaves Range Resources after 8 years (NYSE:RRC)
www.bizjournals.com - January 31 at 10:09 PM
capitalcube.com logoRange Resources Corp. breached its 50 day moving average in a Bullish Manner : RRC-US : January 30, 2017 (NYSE:RRC)
us.rd.yahoo.com - January 31 at 10:09 PM
us.rd.yahoo.com logoStock Market News for January 30, 2017 (NYSE:RRC)
us.rd.yahoo.com - January 31 at 10:09 PM
News IconNoteworthy Movers: Range Resources Corporation (NYSE:RRC), Spirit Realty Capital, Inc. (NYSE:SRC) - The Newburgh Press (NYSE:RRC)
newburghpress.com - January 30 at 8:27 PM
News IconJust the Facts on Range Resources Corporation (RRC) - StockNewsJournal (NYSE:RRC)
stocknewsjournal.com - January 30 at 8:27 PM
News IconTrading Corner: Eye on Technical Levels for Range Resources Corporation (RRC) - Springdale Times (NYSE:RRC)
springdaletimes.com - January 29 at 12:44 AM
News IconRange Resources Corporation (RRC) : Checking the Chart - The USA Commerce (NYSE:RRC)
theusacommerce.com - January 29 at 12:44 AM
News IconSleepy Friday? Not For This Active Stock: Range Resources Corporation (NYSE:RRC) (NYSE:RRC)
flapship.com - January 28 at 6:14 AM
finance.yahoo.com logoRange Announces 22% Increase in Proved Reserves; Provides Update on Resource Potential and North Louisiana Extension Wells (NYSE:RRC)
finance.yahoo.com - January 28 at 6:14 AM
finance.yahoo.com logo6:55 am Range Resources announces that proved reserves as of December 31, 2016 were 12.1 Tcfe; provides update on resource potential and North Louisiana extension wells (NYSE:RRC)
finance.yahoo.com - January 28 at 6:14 AM
marketrealist.com logoUS Natural Gas Inventories by Region: Week Ending January 20 (NYSE:RRC)
marketrealist.com - January 28 at 6:13 AM
seekingalpha.com logoRange Resources reports 22% increase in proved reserves (NYSE:RRC)
seekingalpha.com - January 27 at 11:28 AM
News IconRange Resources Corporation indicated as Buy By RF Lafferty (NYSE:RRC)
prensariotiretail.com - January 27 at 2:27 AM
finance.yahoo.com logoWeitz Funds Comments on Range Resources (NYSE:RRC)
finance.yahoo.com - January 27 at 2:27 AM
News IconQuarterly Earnings Forecast Review: Range Resources Corporation (NYSE:RRC) (NYSE:RRC)
onemma.net - January 26 at 4:06 AM
us.rd.yahoo.com logoCoverage initiated on Range Resources by R. F. Lafferty (NYSE:RRC)
us.rd.yahoo.com - January 26 at 4:06 AM
News IconMoving Averages in Focus on Shares of Range Resources Corporation (RRC) - Springdale Times (NYSE:RRC)
springdaletimes.com - January 25 at 3:24 AM
News IconThe Technical Facts on Range Resources Corporation (RRC) - The USA Commerce (NYSE:RRC)
theusacommerce.com - January 25 at 3:24 AM
thestreet.com logoA Burst of Real Winter Weather Is Lurking and Big Natural Gas Stocks Could Get Hot (NYSE:RRC)
us.rd.yahoo.com - January 23 at 7:58 PM

Social

What is Range Resources Corporation's stock symbol?

Range Resources Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "RRC."

How often does Range Resources Corporation pay dividends? What is the dividend yield for Range Resources Corporation?

Range Resources Corporation announced a quarterly dividend on Thursday, December 1st. Stockholders of record on Friday, December 16th will be paid a dividend of $0.02 per share on Friday, December 30th. This represents a $0.08 annualized dividend and a dividend yield of 0.26%. The ex-dividend date is Wednesday, December 14th.

Where is Range Resources Corporation's stock going? Where will Range Resources Corporation's stock price be in 2017?

31 brokers have issued 1 year price objectives for Range Resources Corporation's stock. Their forecasts range from $27.00 to $58.00. On average, they anticipate Range Resources Corporation's share price to reach $45.97 in the next twelve months.

When will Range Resources Corporation announce their earnings?

Range Resources Corporation is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

What are analysts saying about Range Resources Corporation stock?

Here are some recent quotes from research analysts about Range Resources Corporation stock:

  • According to Zacks Investment Research, "We believe Range Resources' large acreage will support several years of oil and gas drilling in the fast-growing fields. Moreover, the company completed the merger with Memorial Resource Development Corp. The transaction is expected to boost the company’s position as a premier independent natural gas, oil and NGL producer in the United States with remarkable core acreage positions in both the Appalachian Basin and Northern Louisiana. However, its stock failed to surpass the Zacks categorized Oil &Gas-U.S Exploration & Production industry over the last one year. The company’s exposure to persistently weak crude pricing environment is a major concern. Additionally, the expected increase in the company’s operating expenses might dent profit. Range Resources is also governed by several stringent regulations, especially in the Marcellus Shale, the Appalachian Basin and the southwestern U.S., where it has a large asset base" (1/5/2017)

  • Morgan Stanley analysts commented, "We see significant upside if gas and NGL prices rebound, balanced by greater balance sheet risk than peers if commodity prices remain weak in 2017," analyst Drew Venker wrote in a note. "We see relatively balanced risk-reward for Range net of the balance sheet improvement: the stock offers deep NAV upside, but downside is greater than many of its Appalachia peers due to its higher leverage and premium multiple," Venker continued. Resource Potential And RiskMeanwhile, the analyst noted that Memorial's Louisiana assets have large resource potential, but greater risk than the Marcellus as much of the acreage position is untested — versus the Marcellus, which has been extensively drilled and is fully delineated.After the Memorial deal, Venker expects Range's YE-2017 leverage to remain above peers on his strip price deck at 3.7x net debt to EBITDA vs. the Marcellus-Utica peers at 2.0x."If gas and NGL prices remain subdued next year, balance sheet concerns could quickly become investors' primary concern on RRC. However, in a higher price environment in 2017, any remaining leverage concerns will quickly dissipate," (9/20/2016)

  • Imperial Capital analysts commented, "brighter gas pricing outlook."The brokerage has also raised the price target by $10 to $55, implying an upside of 25 percent from the recent share price."We believe that the recent improvement in natural gas pricing is not a fleeting event. Because production is 67 percent natural gas, we believe it is well positioned to benefit from stronger pricing, even if differentials take quarters to further improve," analyst Kim Pacanovsky wrote in a note.The analyst noted that Range Resources has achieved low basis differentials in Appalachia and has strong well results in the Marcellus and some of the best dry Utica wells in the play."There are significantly greater factors supporting sustained strength in gas than supporting a return below $2.50/mmbtu, and obviously this bodes well for RRC. For every $0.10 increase in gas pricing, 2H16 EBITDA increases by $2.6 million (0.5 percent), and 2017 EBIDTA increases by $30 million (5 percent)," Pacanovsky continued. Related Link: Utilities Stocks Tend To "Sizzle" In The SummertimeIn addition, the company's $4.4 billion Memorial Resource Development merger "allows it to benefit from applying advances in horizontal drilling and completions to a relatively de-risked resource in early stage horizontal development." (7/14/2016)

Who owns Range Resources Corporation stock?

Range Resources Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include SailingStone Capital Partners LLC (7.27%), SailingStone Capital Partners LLC (6.83%), State Street Corp (4.83%), FMR LLC (2.63%), Stelliam Investment Management LP (1.93%) and Bessemer Group Inc. (1.34%). Company insiders that own Range Resources Corporation stock include Anthony V Dub, Chad L Stephens, Gregory Gene Maxwell, Jeffrey L Ventura, John H Pinkerton, Jonathan S Linker, Ray N Walker Jr, Rodney L Waller and Roger S Manny.

Who sold Range Resources Corporation stock? Who is selling Range Resources Corporation stock?

Range Resources Corporation's stock was sold by a variety of institutional investors in the last quarter, including Viking Global Investors LP, Board of Trustees of The Leland Stanford Junior University, Dimensional Fund Advisors LP, Travelers Companies Inc., Aberdeen Asset Management PLC UK, Barrow Hanley Mewhinney & Strauss LLC, Mason Hill Advisors LLC and Weitz Investment Management Inc.. Company insiders that have sold Range Resources Corporation stock in the last year include Anthony V Dub, Chad L Stephens, Jeffrey L Ventura, Ray N Walker Jr and Roger S Manny.

Who bought Range Resources Corporation stock? Who is buying Range Resources Corporation stock?

Range Resources Corporation's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Stelliam Investment Management LP, FMR LLC, Bessemer Group Inc., Allianz Asset Management AG, Thompson Siegel & Walmsley LLC, State Street Corp and Raging Capital Management LLC.

How do I buy Range Resources Corporation stock?

Shares of Range Resources Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Range Resources Corporation stock cost?

One share of Range Resources Corporation stock can currently be purchased for approximately $31.27.

Range Resources Corporation (NYSE:RRC) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Range Resources Corporation (NYSE:RRC)

Earnings History Chart

Earnings by Quarter for Range Resources Corporation (NYSE:RRC)

Dividend History Chart

Dividend Payments by Quarter for Range Resources Corporation (NYSE:RRC)

Last Updated on 2/20/2017 by MarketBeat.com Staff