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S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
US to hold trade talks with Taiwan, island drills military
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
BJ’s Wholesale Club Pops, Will Costco Be Next?
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Is Sanofi A Buy, Despite Recent Stumbles?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Gas-powered muscle cars drive into the sunset, turn electric
Global markets lower after Wall Street gains on jobs data
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
US to hold trade talks with Taiwan, island drills military
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
BJ’s Wholesale Club Pops, Will Costco Be Next?
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Is Sanofi A Buy, Despite Recent Stumbles?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Gas-powered muscle cars drive into the sunset, turn electric
Global markets lower after Wall Street gains on jobs data
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
US to hold trade talks with Taiwan, island drills military
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
BJ’s Wholesale Club Pops, Will Costco Be Next?
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Is Sanofi A Buy, Despite Recent Stumbles?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Gas-powered muscle cars drive into the sunset, turn electric
Global markets lower after Wall Street gains on jobs data
NYSE:RRC

Range Resources - RRC Stock Forecast, Price & News

$34.31
+0.93 (+2.79%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$33.55
$34.54
50-Day Range
$24.03
$34.44
52-Week Range
$12.37
$37.44
Volume
3.48 million shs
Average Volume
3.80 million shs
Market Capitalization
$9.02 billion
P/E Ratio
17.69
Dividend Yield
N/A
Price Target
$34.00

Range Resources MarketRank™ Forecast

Analyst Rating
Hold
2.35 Rating Score
Upside/​Downside
0.9% Downside
$34.00 Price Target
Short Interest
Healthy
4.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
-7.63
Upright™ Environmental Score
News Sentiment
0.69mentions of Range Resources in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$5.39 M Sold Last Quarter
Proj. Earnings Growth
2.31%
From $5.19 to $5.31 Per Share

Overall MarketRank

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

2.45 out of 5 stars

Oils/Energy Sector

90th out of 254 stocks

Crude Petroleum & Natural Gas Industry

36th out of 80 stocks

RRC stock logo

About Range Resources (NYSE:RRC) Stock

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.

Range Resources Stock Up 2.8 %

RRC Stock opened at $34.31 on Friday. Range Resources has a one year low of $12.37 and a one year high of $37.44. The stock has a market capitalization of $9.02 billion, a PE ratio of 17.69, a price-to-earnings-growth ratio of 0.23 and a beta of 2.14. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.33 and a current ratio of 0.33. The company has a fifty day moving average of $29.35 and a 200-day moving average of $28.59.

Range Resources (NYSE:RRC - Get Rating) last released its earnings results on Monday, July 25th. The oil and gas exploration company reported $1.27 EPS for the quarter, topping the consensus estimate of $1.12 by $0.15. Range Resources had a net margin of 16.40% and a return on equity of 56.92%. The company had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $959.91 million. During the same quarter last year, the business earned $0.24 EPS. The business's revenue was up 181.8% on a year-over-year basis. As a group, analysts expect that Range Resources will post 5.19 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Susquehanna increased their target price on shares of Range Resources from $24.00 to $34.00 in a research report on Monday, April 25th. Morgan Stanley lowered their price objective on shares of Range Resources from $32.00 to $31.00 and set an "underweight" rating on the stock in a research report on Tuesday, July 19th. TheStreet raised shares of Range Resources from a "c" rating to a "b-" rating in a research report on Tuesday, July 26th. Truist Financial raised their price objective on shares of Range Resources to $34.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 27th. Finally, Credit Suisse Group raised their price objective on shares of Range Resources from $34.00 to $35.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 26th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $34.00.

Insider Activity at Range Resources

In related news, Director Reginal Spiller sold 1,600 shares of the firm's stock in a transaction dated Tuesday, August 2nd. The shares were sold at an average price of $31.44, for a total value of $50,304.00. Following the completion of the sale, the director now owns 10,685 shares in the company, valued at $335,936.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Range Resources news, SVP David P. Poole sold 85,000 shares of Range Resources stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of $32.67, for a total transaction of $2,776,950.00. Following the completion of the transaction, the senior vice president now owns 753,577 shares in the company, valued at $24,619,360.59. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Reginal Spiller sold 1,600 shares of Range Resources stock in a transaction dated Tuesday, August 2nd. The stock was sold at an average price of $31.44, for a total transaction of $50,304.00. Following the transaction, the director now owns 10,685 shares of the company's stock, valued at approximately $335,936.40. The disclosure for this sale can be found here. Insiders sold 164,100 shares of company stock worth $5,394,179 over the last 90 days. Company insiders own 1.10% of the company's stock.

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RRC Stock News Headlines

Range Resources (NYSE:RRC) Trading 4.1% Higher
Range Resources (NYSE:RRC) Price Target Raised to $35.00
Range Resources goes back to the pads again
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RRC Company Calendar

Last Earnings
7/25/2022
Today
8/19/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
75281A10
Employees
527
Year Founded
1976

Price Target and Rating

Average Stock Price Forecast
$34.00
High Stock Price Forecast
$49.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
-0.9%
Consensus Rating
Hold
Rating Score (0-4)
2.35
Research Coverage
17 Analysts

Profitability

Net Income
$411.78 million
Pretax Margin
15.67%

Debt

Sales & Book Value

Annual Sales
$2.93 billion
Cash Flow
$3.47 per share
Book Value
$7.52 per share

Miscellaneous

Free Float
259,994,000
Market Cap
$9.02 billion
Optionable
Optionable
Beta
2.14

Social Links


Key Executives

  • Mr. Jeffrey L. VenturaMr. Jeffrey L. Ventura (Age 64)
    Pres, CEO & Director
    Comp: $2.74M
  • Mr. Mark S. ScucchiMr. Mark S. Scucchi (Age 44)
    Sr. VP & CFO
    Comp: $1.26M
  • Mr. Dennis L. DegnerMr. Dennis L. Degner (Age 49)
    Sr. VP & COO
    Comp: $1.27M
  • Mr. David P. PooleMr. David P. Poole (Age 60)
    Sr. VP, Gen. Counsel & Corp. Sec.
    Comp: $1.04M
  • Mr. Alan W. Farquharson (Age 64)
    Sr. VP of Reservoir Engineering & Economics
    Comp: $867.86k
  • Ms. Dori A. GinnMs. Dori A. Ginn (Age 64)
    Sr. VP, Controller & Principal Accounting Officer
  • Laith Sando
    VP of Investor Relations
  • Mark Windle
    Mang. of Corp. Communications
  • Mr. Kenneth Scott Roy
    Sr. VP
  • Alan Engberg
    VP of Liquids Marketing













RRC Stock - Frequently Asked Questions

Should I buy or sell Range Resources stock right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Range Resources in the last year. There are currently 2 sell ratings, 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2022?

17 brokerages have issued 1-year price targets for Range Resources' shares. Their RRC share price forecasts range from $25.00 to $49.00. On average, they predict the company's share price to reach $34.00 in the next twelve months. This suggests that the stock has a possible downside of 0.9%.
View analysts price targets for RRC
or view top-rated stocks among Wall Street analysts.

How have RRC shares performed in 2022?

Range Resources' stock was trading at $17.83 on January 1st, 2022. Since then, RRC stock has increased by 92.4% and is now trading at $34.31.
View the best growth stocks for 2022 here
.

When is Range Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our RRC earnings forecast
.

How were Range Resources' earnings last quarter?

Range Resources Co. (NYSE:RRC) issued its quarterly earnings data on Monday, July, 25th. The oil and gas exploration company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.15. The oil and gas exploration company earned $1.23 billion during the quarter, compared to analyst estimates of $959.91 million. Range Resources had a net margin of 16.40% and a trailing twelve-month return on equity of 56.92%. The firm's revenue was up 181.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.24 EPS.

How will Range Resources' stock buyback program work?

Range Resources announced that its board has initiated a stock repurchase plan 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 plans are generally a sign that the company's board 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).

What is Range Resources' stock symbol?

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

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 (15.39%), State Street Corp (4.19%), Exor Capital LLP (2.35%), Contrarius Investment Management Ltd (1.40%), Goldman Sachs Group Inc. (1.28%) and Renaissance Technologies LLC (1.24%). Insiders that own company stock include David P Poole, Dennis Degner, Dori Ginn, Greg G Maxwell, James M Funk, Jeffrey L Ventura, Margaret K Dorman, Mark Scucchi, Reginal Spiller and Steffen E Palko.
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.

What is Range Resources' stock price today?

One share of RRC stock can currently be purchased for approximately $34.31.

How much money does Range Resources make?

Range Resources (NYSE:RRC) has a market capitalization of $9.02 billion and generates $2.93 billion in revenue each year. The oil and gas exploration company earns $411.78 million in net income (profit) each year or $1.94 on an earnings per share basis.

How many employees does Range Resources have?

The company employs 527 workers across the globe.

When was Range Resources founded?

Range Resources was founded in 1976.

How can I contact Range Resources?

Range Resources' mailing address is 100 THROCKMORTON STREET STE. 1200, FORT WORTH TX, 76102. The official website for the company is www.rangeresources.com. The oil and gas exploration company can be reached via phone at (817) 870-2601, via email at lsando@rangeresources.com, or via fax at 817-869-9100.

This page (NYSE:RRC) was last updated on 8/19/2022 by MarketBeat.com Staff

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