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[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
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[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
How does the Consumer Price Index affect the stock market?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Closing prices for crude oil, gold and other commodities
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How major US stock indexes fared Friday, 12/8/2023
MarketBeat Week in Review – 12/4 - 12/8
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
How does the Consumer Price Index affect the stock market?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Closing prices for crude oil, gold and other commodities
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How major US stock indexes fared Friday, 12/8/2023
MarketBeat Week in Review – 12/4 - 12/8
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
How does the Consumer Price Index affect the stock market?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Closing prices for crude oil, gold and other commodities
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How major US stock indexes fared Friday, 12/8/2023
MarketBeat Week in Review – 12/4 - 12/8
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company

Range Resources Stock Price, News & Analysis (NYSE:RRC)

$29.70
+0.29 (+0.99%)
(As of 12/8/2023 ET)
Compare
Today's Range
$29.35
$30.04
50-Day Range
$29.41
$37.35
52-Week Range
$22.61
$37.88
Volume
2.66 million shs
Average Volume
2.61 million shs
Market Capitalization
$7.17 billion
P/E Ratio
5.32
Dividend Yield
1.08%
Price Target
$36.05

Range Resources MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
21.4% Upside
$36.05 Price Target
Short Interest
Bearish
7.96% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-7.63
Upright™ Environmental Score
News Sentiment
0.37mentions of Range Resources in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$933,750 Sold Last Quarter
Proj. Earnings Growth
40.00%
From $2.05 to $2.87 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.74 out of 5 stars

Oils/Energy Sector

51st out of 237 stocks

Crude Petroleum & Natural Gas Industry

26th out of 73 stocks


RRC stock logo

About Range Resources Stock (NYSE:RRC)

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. 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. The company was founded in 1976 and is headquartered in Fort Worth, Texas.

RRC Stock Price History

RRC Stock News Headlines

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Range Resources just downgraded at JPMorgan, here's why
Range Resources (NYSE:RRC) Will Pay A Dividend Of $0.08
Top 25 Natural Gas Producers in the US
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Charles Griffie Appointed as Range Director
Analyst Expectations for Range Resources's Future
See More Headlines
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Company Calendar

Ex-Dividend for 9/29 Dividend
9/14/2023
Dividend Payable
9/29/2023
Last Earnings
10/24/2023
Today
12/09/2023
Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/26/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
75281A10
Employees
544
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$36.05
High Stock Price Target
$47.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+21.4%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
21 Analysts

Profitability

Net Income
$1.18 billion
Pretax Margin
42.11%

Debt

Sales & Book Value

Annual Sales
$3.09 billion
Cash Flow
$5.94 per share
Book Value
$11.90 per share

Miscellaneous

Free Float
237,517,000
Market Cap
$7.17 billion
Optionable
Optionable
Beta
1.96

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RRC Stock Analysis - Frequently Asked Questions

Should I buy or sell Range Resources stock right now?

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Range Resources in the last year. There are currently 3 sell ratings, 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RRC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RRC, but not buy additional shares or sell existing shares.
View RRC analyst ratings
or view top-rated stocks.

What is Range Resources' stock price target for 2024?

21 equities research analysts have issued 1-year price targets for Range Resources' shares. Their RRC share price targets range from $21.00 to $47.00. On average, they expect the company's stock price to reach $36.05 in the next year. This suggests a possible upside of 21.4% from the stock's current price.
View analysts price targets for RRC
or view top-rated stocks among Wall Street analysts.

How have RRC shares performed in 2023?

Range Resources' stock was trading at $25.02 at the beginning of 2023. Since then, RRC stock has increased by 18.7% and is now trading at $29.70.
View the best growth stocks for 2023 here
.

When is Range Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024.
View our RRC earnings forecast
.

How were Range Resources' earnings last quarter?

Range Resources Co. (NYSE:RRC) released its earnings results on Tuesday, October, 24th. The oil and gas exploration company reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.16. The oil and gas exploration company had revenue of $648.77 million for the quarter, compared to analysts' expectations of $619.30 million. Range Resources had a trailing twelve-month return on equity of 21.56% and a net margin of 33.85%.

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

Range Resources declared a quarterly dividend on Friday, December 1st. Stockholders of record on Friday, December 15th will be paid a dividend of $0.08 per share on Friday, December 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for RRC
.

Is Range Resources a good dividend stock?

Range Resources (NYSE:RRC) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.09%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRC will have a dividend payout ratio of 11.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RRC.

How will Range Resources' stock buyback program work?

Range Resources declared that its Board of Directors has authorized a share repurchase program on Tuesday, February 22nd 2022, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 9.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

What is Jeffrey L. Ventura's approval rating as Range Resources' CEO?

8 employees have rated Range Resources Chief Executive Officer Jeffrey L. Ventura on Glassdoor.com. Jeffrey L. Ventura has an approval rating of 41% among the company's employees. This puts Jeffrey L. Ventura in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Range Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Range Resources investors own include Chesapeake Energy (CHKAQ), Callon Petroleum (CPE), Advanced Micro Devices (AMD), Intel (INTC), Micron Technology (MU), Ford Motor (F), General Electric (GE), Alibaba Group (BABA) and Cisco Systems (CSCO).

Who are Range Resources' major shareholders?

Range Resources' stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (15.00%), Invesco Ltd. (1.57%), Fuller & Thaler Asset Management Inc. (1.26%), Morgan Stanley (1.18%), Bank of New York Mellon Corp (1.13%) and Northern Trust Corp (0.81%). Insiders that own company stock include David P Poole, Dennis Degner, Dori Ginn, Erin W Mcdowell, Greg G Maxwell, Jeffrey L Ventura, Mark Scucchi and Reginal Spiller.
View institutional ownership trends
.

How do I buy shares of Range Resources?

Shares of RRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:RRC) was last updated on 12/9/2023 by MarketBeat.com Staff

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