About Range Resources (NYSE:RRC)
Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and oil company. The Company is engaged in the exploration and production of natural gas, NGLs and oil in the United States. It is engaged in the exploration, development and acquisition of natural gas and crude oil properties located primarily in the Appalachian and North Louisiana regions of the United States. Its principal areas of operation are the Marcellus Shale of Pennsylvania and the Lower Cotton Valley formation of North Louisiana. Its properties consist of interests in developed and undeveloped natural gas and oil leases. Its properties in the Appalachian region are located in the Appalachian Basin in the northeastern United States, predominantly in Pennsylvania. The Company's other operations include drilling, production and field operations in the Texas Panhandle, as well as in the Anadarko Basin of Western Oklahoma and the Nemaha Uplift of Northern Oklahoma and Kansas.
Industry, Sector and Symbol
Sub-IndustryOil & Gas Exploration & Production
Trailing P/E Ratio10.9403801520907
Forward P/E Ratio14.66
Sales & Book Value
Annual Sales$2.61 billion
Price / Sales1.40
Cash Flow$3.27 per share
Price / Cash4.48
Book Value$23.27 per share
Price / Book0.63
Net Income$333.14 million
Return on Equity5.42%
Return on Assets2.64%
Range Resources (NYSE:RRC) Frequently Asked Questions
What is Range Resources' stock symbol?
Range Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "RRC."
How often does Range Resources pay dividends? What is the dividend yield for Range Resources?
Range Resources announced a quarterly dividend on Thursday, March 1st. Shareholders of record on Friday, March 16th will be paid a dividend of $0.02 per share on Friday, March 30th. This represents a $0.08 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Thursday, March 15th. View Range Resources' Dividend History.
How were Range Resources' earnings last quarter?
Range Resources Corp. (NYSE:RRC) posted its quarterly earnings data on Tuesday, February, 27th. The oil and gas exploration company reported $0.22 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.15 by $0.07. The oil and gas exploration company had revenue of $679 million for the quarter, compared to the consensus estimate of $659.71 million. Range Resources had a return on equity of 5.42% and a net margin of 12.76%. Range Resources's revenue was up 167.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.23 earnings per share. View Range Resources' Earnings History.
When will Range Resources make its next earnings announcement?
Where is Range Resources' stock going? Where will Range Resources' stock price be in 2018?
24 Wall Street analysts have issued 1-year target prices for Range Resources' stock. Their predictions range from $11.00 to $40.00. On average, they expect Range Resources' share price to reach $23.78 in the next year. View Analyst Ratings for Range Resources.
Are investors shorting Range Resources?
Range Resources saw a increase in short interest during the month of February. As of February 28th, there was short interest totalling 57,428,199 shares, an increase of 0.6% from the February 15th total of 57,784,788 shares. Based on an average daily trading volume, of 8,796,728 shares, the short-interest ratio is currently 6.5 days. Approximately 34.7% of the company's stock are sold short.
Who are some of Range Resources' key competitors?
Some companies that are related to Range Resources include Antero Resources (AR), RSP Permian (RSPP), Energen (EGN), WPX Energy (WPX), Centennial Resource Development (CDEV), Newfield Exploration (NFX), Murphy Oil (MUR), Crescent Point Energy (CPG), Vermilion Energy (VET), Arc Resources (AETUF), PDC Energy (PDCE), Tallgrass Energy GP (TEGP), CNX Resources (CNX), Matador Resources (MTDR), Whiting Petroleum (WLL), Chesapeake Energy (CHK), Enerplus (ERF) and Jagged Peak Energy (JAG).
Who are Range Resources' key executives?
Range Resources' management team includes the folowing people:
- Jeffrey L. Ventura, Chairman of the Board, President, Chief Executive Officer (Age 59)
- Roger S. Manny, Chief Financial Officer, Executive Vice President (Age 59)
- Ray N. Walker Jr., Chief Operating Officer, Executive Vice President (Age 59)
- Dori A. Ginn, Senior Vice President, Principal Accounting Officer, Controller (Age 59)
- David P. Poole, Senior Vice President, General Counsel, Corporate Secretary (Age 55)
- John K. Applegath, Senior Vice President – North Louisiana Division (Age 69)
- Alan W. Farquharson, Senior Vice President - Reservoir Engineering & Economics (Age 59)
- Chad L. Stephens III, Senior Vice President - Corporate Development (Age 62)
- James M. Funk Ph.D., Lead Independent Director (Age 67)
- Brenda A. Cline CPA, Independent Director (Age 56)
Has Range Resources been receiving favorable news coverage?
News stories about RRC stock have been trending positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Range Resources earned a news sentiment score of 0.30 on Accern's scale. They also assigned press coverage about the oil and gas exploration company an impact score of 46.96 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Range Resources' major shareholders?
Range Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include SailingStone Capital Partners LLC (14.44%), BlackRock Inc. (6.26%), WS Management Lllp (1.52%), Guggenheim Capital LLC (1.44%), Mackenzie Financial Corp (1.23%) and Geode Capital Management LLC (1.02%). Company insiders that own Range Resources stock include Alan W Farquharson, Anthony V Dub, Chad L Stephens, Christopher A Helms, David P Poole, Greg G Maxwell, Gregory Gene Maxwell, James M Funk, Mary Ralph Lowe, Ray N Walker Jr, Roger S Manny and Steffen E Palko. View Institutional Ownership Trends for Range Resources.
Which institutional investors are selling Range Resources stock?
RRC stock was sold by a variety of institutional investors in the last quarter, including Advisory Research Inc., Bessemer Group Inc., Bank of Montreal Can, Chevy Chase Trust Holdings Inc., First Manhattan Co., Miller Howard Investments Inc. NY, King Luther Capital Management Corp and Comerica Bank. Company insiders that have sold Range Resources company stock in the last year include Alan W Farquharson, Anthony V Dub, Chad L Stephens, David P Poole, Ray N Walker Jr and Roger S Manny. View Insider Buying and Selling for Range Resources.
Which institutional investors are buying Range Resources stock?
RRC stock was bought by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, SailingStone Capital Partners LLC, Guggenheim Capital LLC, HBK Investments L P, BlackRock Inc., Country Trust Bank, William Blair Investment Management LLC and WS Management Lllp. Company insiders that have bought Range Resources stock in the last two years include Christopher A Helms, Greg G Maxwell, Gregory Gene Maxwell, James M Funk, Mary Ralph Lowe and Steffen E Palko. View Insider Buying and Selling for Range Resources.
How do I buy shares of Range Resources?
Shares of RRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Range Resources' stock price today?
One share of RRC stock can currently be purchased for approximately $14.66.
How big of a company is Range Resources?
Range Resources has a market capitalization of $3.76 billion and generates $2.61 billion in revenue each year. The oil and gas exploration company earns $333.14 million in net income (profit) each year or $1.34 on an earnings per share basis. Range Resources employs 773 workers across the globe.
How can I contact Range Resources?
Range Resources' mailing address is 100 THROCKMORTON STREET STE. 1200, FORT WORTH TX, 76102. The oil and gas exploration company can be reached via phone at 817-870-2601 or via email at [email protected]
MarketBeat Community Rating for Range Resources (RRC)MarketBeat's community ratings are surveys of what our community members think about Range Resources and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Range Resources (NYSE:RRC) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Buy||Buy|
|Consensus Rating Score: ||2.42||2.42||2.67||2.65|
|Ratings Breakdown: ||3 Sell Rating(s)|
8 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
|3 Sell Rating(s)|
8 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
6 Hold Rating(s)
17 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
5 Hold Rating(s)
19 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$23.78||$25.38||$30.69||$37.33|
|Price Target Upside: ||62.18% upside||93.70% upside||83.78% upside||96.04% upside|
Range Resources (NYSE:RRC) Consensus Price Target History
Range Resources (NYSE:RRC) Analyst Ratings History
(Data available from 3/19/2016 forward)
Range Resources (NYSE:RRC) Earnings History and Estimates Chart
Range Resources (NYSE RRC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/27/2018||Q4 2017||$0.15||$0.22||$659.71 million||$679.00 million||View||N/A|
|10/24/2017||Q3 2017||$0.03||$0.05||$543.16 million||$482.20 million||View||N/A|
|8/1/2017||Q2 2017||$0.08||$0.28||$544.08 million||$565.00 million||View||Listen|
|4/24/2017||Q1 2017||$0.19||$0.25||$585.45 million||$607.00 million||View||N/A|
|2/22/2017||Q4 2016||$0.10||$0.23||$525.26 million||$590.20 million||View||N/A|
|10/25/2016||Q316||($0.16)||($0.06)||$152.84 million||$413.00 million||View||N/A|
|7/26/2016||Q216||($0.21)||($0.14)||$327.40 million||$362.67 million||View||Listen|
|4/28/2016||Q1||($0.19)||($0.10)||$319.11 million||$331.40 million||View||Listen|
|2/25/2016||Q415||$0.06||$0.25||$418.21 million||$456.00 million||View||Listen|
|10/28/2015||Q315||($0.05)||$0.03||$407.66 million||$416.00 million||View||Listen|
|7/28/2015||Q215||$0.04||$0.01||$407.59 million||$404.60 million||View||Listen|
|4/28/2015||Q1||$0.13||$0.19||$420.92 million||$462.63 million||View||Listen|
|2/24/2015||Q414||$0.30||$0.39||$490.57 million||$519.00 million||View||Listen|
|10/29/2014||Q314||$0.33||$0.37||$488.50 million||$617.00 million||View||Listen|
|7/28/2014||Q214||$0.41||$0.36||$483.22 million||$482.00 million||View||Listen|
|4/28/2014||Q114||$0.46||$0.20||$486.70 million||$457.34 million||View||Listen|
|2/26/2014||Q413||$0.38||$0.42||$459.87 million||$461.00 million||View||Listen|
|10/30/2013||Q313||$0.32||$0.35||$436.60 million||$433.00 million||View||Listen|
|7/24/2013||Q2 2013||$0.33||$0.34||$420.70 million||$431.00 million||View||Listen|
|4/25/2013||Q1 2013||$0.28||$0.33||$391.04 million||$398.24 million||View||Listen|
|2/26/2013||Q4 2012||$0.28||$0.46||$399.53 million||$458.04 million||View||Listen|
|10/24/2012||Q312||$0.17||$0.20||$349.28 million||$337.04 million||View||N/A|
Range Resources (NYSE:RRC) Earnings Estimates
2018 EPS Consensus Estimate: $0.77
2019 EPS Consensus Estimate: $1.55
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Range Resources (NYSE:RRC) Dividend Information
|Dividend Growth:||-12.60% (3 Year Average)|
|Payout Ratio:||5.97% (Trailing 12 Months of Earnings) |
8.00% (Based on This Year's Estimates)
6.67% (Based on Next Year's Estimates)
Range Resources (NYSE:RRC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Range Resources (NYSE RRC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.42%
Institutional Ownership Percentage: 96.30%
Range Resources (NYSE RRC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|1/30/2018||Steffen E Palko||Director||Buy||34,000||$14.72||$500,480.00||61,267|| |
|12/14/2017||Anthony V Dub||Director||Sell||2,897||$16.06||$46,525.82||96,000|| |
|12/12/2017||David P Poole||VP||Sell||30,920||$16.36||$505,851.20||17,647|| |
|12/12/2017||Roger S Manny||CFO||Sell||10,757||$16.42||$176,629.94||143,703|| |
|8/10/2017||Steffen E Palko||Director||Buy||15,000||$16.81||$252,150.00||27,267|| |
|8/4/2017||Mary Ralph Lowe||Director||Buy||10,000||$17.99||$179,900.00||25,413|| |
|8/3/2017||Greg G Maxwell||Director||Buy||1,000||$17.75||$17,750.00||22,207|| |
|6/14/2017||James M Funk||Director||Buy||4,000||$22.96||$91,840.00||11,303|| |
|6/9/2017||Alan W Farquharson||Insider||Sell||577||$23.17||$13,369.09||27,675|| |
|6/9/2017||Ray N Walker Jr||COO||Sell||7,200||$23.17||$166,824.00||63,861|| |
|5/31/2017||Chad L Stephens||Insider||Sell||28,744||$23.05||$662,549.20||106,692|| |
|3/17/2017||Christopher A Helms||Director||Buy||4,000||$27.46||$109,840.00||15,931|| |
|9/27/2016||Gregory Gene Maxwell||Director||Buy||1,000||$37.00||$37,000.00||12,211|| |
|9/19/2016||Ray N Walker Jr||COO||Sell||13,350||$37.53||$501,025.50||42,598|| |
|6/21/2016||Anthony V Dub||Director||Sell||5,106||$45.57||$232,680.42||98,897|| |
|5/26/2016||Anthony V Dub||Director||Sell||5,000||$41.61||$208,050.00||101,897|| |
|5/25/2016||Chad L Stephens||VP||Sell||30,562||$43.00||$1,314,166.00||100,846|| |
|5/25/2016||Ray N Walker Jr||COO||Sell||25,090||$43.00||$1,078,870.00||21,751|| |
|5/25/2016||Roger S Manny||CFO||Sell||2,934||$43.00||$126,162.00||122,912|| |
|3/11/2016||Jeffrey L Ventura||CEO||Sell||7,044||$31.11||$219,138.84||294,151|| |
|1/8/2016||Jeffrey L Ventura||CEO||Sell||4,398||$25.75||$113,248.50||294,151|| |
|1/8/2016||Ray N Walker Jr||COO||Sell||2,500||$25.75||$64,375.00||21,751|| |
|1/8/2016||Roger S Manny||CFO||Sell||633||$25.75||$16,299.75||122,912|| |
|12/15/2015||John H. Pinkerton||Director||Sell||266,235||$21.65||$5,763,987.75||390,343|| |
|12/14/2015||John H. Pinkerton||Director||Sell||100,000||$21.81||$2,181,000.00||390,343|| |
|12/8/2015||John H. Pinkerton||Director||Sell||64,288||$26.00||$1,671,488.00||770,866|| |
|12/7/2015||John H. Pinkerton||Director||Sell||36,998||$26.51||$980,816.98||770,866|| |
|11/5/2015||John H. Pinkerton||Director||Sell||50,000||$35.50||$1,775,000.00||807,864|| |
|10/29/2015||John H Pinkerton||Director||Sell||50,000||$30.07||$1,503,500.00||857,864|| |
|8/26/2015||Jeffrey L Ventura||CEO||Sell||8,001||$34.81||$278,514.81||260,751|| |
|5/26/2015||Ray N Walker Jr||COO||Sell||19,598||$57.04||$1,117,869.92|| |
|4/16/2015||Chad L Stephens||VP||Sell||5,611||$59.82||$335,650.02|| |
|4/16/2015||Jonathan S Linker||Director||Sell||1,684||$60.21||$101,393.64|| |
|4/8/2015||Jeffrey L Ventura||CEO||Sell||14,175||$55.92||$792,666.00|| |
|4/8/2015||Rodney L Waller||VP||Sell||3,141||$55.50||$174,325.50|| |
|4/7/2015||John H Pinkerton||Director||Sell||20,545||$56.26||$1,155,861.70|| |
|3/30/2015||John H Pinkerton||Director||Sell||100,000||$51.65||$5,165,000.00|| |
|2/4/2015||John H Pinkerton||Director||Sell||100,000||$49.96||$4,996,000.00|| |
|2/2/2015||Ray N Walker Jr||COO||Sell||6,500||$46.91||$304,915.00|| |
|1/20/2015||Alan W Farquharson||VP||Sell||9,922||$48.33||$479,530.26|| |
|1/20/2015||Jeffrey L Ventura||CEO||Sell||8,920||$48.33||$431,103.60|| |
|1/20/2015||Ray N Walker Jr||COO||Sell||2,480||$48.33||$119,858.40|| |
|11/20/2014||Roger S Manny||CFO||Sell||3,689||$73.78||$272,174.42|| |
|9/5/2014||Ray N Walker Jr||COO||Sell||4,000||$74.55||$298,200.00|| |
|6/17/2014||David P Poole||VP||Sell||13,864||$87.95||$1,219,338.80|| |
|6/17/2014||Ray N Walker Jr||COO||Sell||17,322||$86.92||$1,505,628.24|| |
|5/6/2014||Chad Stephens||VP||Sell||12,806||$90.39||$1,157,534.34||108,421|| |
|3/17/2014||James Funk||Director||Sell||1,577||$86.93||$137,088.61||2,698|| |
|1/30/2014||Chad Stephens||VP||Sell||13,489||$85.99||$1,159,919.11||108,421|| |
|1/30/2014||Ray Walker, Jr.||COO||Sell||2,568||$85.56||$219,718.08||7,928|| |
|1/15/2014||Anthony Dub||Director||Sell||9,938||$82.87||$823,562.06||97,000|| |
|1/15/2014||Ray Walker, Jr.||COO||Sell||2,700||$83.69||$225,963.00||7,928|| |
|1/8/2014||James Funk||Director||Sell||1,952||$81.84||$159,751.68||2,698|| |
|1/2/2014||Allen Finkelson||Director||Sell||3,516||$83.21||$292,566.36||75,000|| |
|12/27/2013||Jonathan Linker||Director||Sell||3,460||$83.30||$288,218.00||27,526|| |
|12/12/2013||Anthony Dub||Director||Sell||3,000||$80.78||$242,340.00||102,219|| |
|12/10/2013||Rodney Waller||VP||Sell||8,704||$81.57||$709,985.28||15,401|| |
|10/15/2013||David P Poole||VP||Sell||12,300||$79.09||$972,807.00|| |
|9/11/2013||Chad L Stephens||VP||Sell||10,000||$78.57||$785,700.00|| |
|8/15/2013||Jeffrey Ventura||CEO||Sell||21,401||$76.95||$1,646,806.95||193,895|| |
|8/5/2013||David P Poole||VP||Sell||1,306||$81.56||$106,517.36|| |
|8/5/2013||Roger S Manny||CFO||Sell||11,680||$81.53||$952,270.40|| |
|6/26/2013||Ray N Walker Jr||COO||Sell||2,306||$78.86||$181,851.16|| |
|6/18/2013||David P Poole||VP||Sell||8,699||$79.95||$695,485.05|| |
|5/22/2013||Alan W Farquharson||VP||Sell||30,000||$77.10||$2,313,000.00|| |
|5/21/2013||Ray N Walker Jr||COO||Sell||5,752||$78.13||$449,403.76|| |
|3/12/2013||Alan W Farquharson||VP||Sell||5,883||$79.15||$465,639.45|| |
|3/11/2013||Chad L Stephens||VP||Sell||10,000||$79.28||$792,800.00|| |
Range Resources (NYSE RRC) News Headlines
Range Resources (NYSE:RRC) SEC Filings
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Range Resources (NYSE:RRC) Income Statement, Balance Sheet and Cash Flow Statement
Range Resources (NYSE RRC) Stock Chart for Monday, March, 19, 2018