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
Industry Oil & Gas Exploration and Production
Sub-IndustryOil & Gas Exploration & Production
Trailing P/E Ratio-78.4285714285714
Forward P/E Ratio37.43
Sales & Book Value
Annual Sales$1.10 billion
Price / Sales3.72
Cash Flow$0.21 per share
Price / Cash78.36
Book Value$21.88 per share
Price / Book0.75
Return on Equity1.63%
Return on Assets0.79%
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 declared a quarterly dividend on Friday, December 1st. Shareholders of record on Friday, December 15th will be paid a dividend of $0.02 per share on Friday, December 29th. This represents a $0.08 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date is Thursday, December 14th. View Range Resources' Dividend History.
How were Range Resources' earnings last quarter?
Range Resources Corporation (NYSE:RRC) issued its quarterly earnings data on Tuesday, October, 24th. The oil and gas exploration company reported $0.05 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.02. The oil and gas exploration company earned $482.20 million during the quarter, compared to analysts' expectations of $543.16 million. Range Resources had a positive return on equity of 1.63% and a negative net margin of 2.23%. Range Resources's quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter last year, the business earned ($0.06) 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?
25 equities research analysts have issued 12-month price targets for Range Resources' shares. Their forecasts range from $18.00 to $58.00. On average, they expect Range Resources' stock price to reach $30.45 in the next twelve months. View Analyst Ratings for Range Resources.
What are Wall Street analysts saying about Range Resources stock?
Here are some recent quotes from research analysts about Range Resources stock:
- 1. According to Zacks Investment Research, "Range Resources has extensive oil and gas resources in key regions like Marcellus and North Louisiana. The company is planning to invest $1.07 billion in these properties for well drilling and completion purposes in 2017. It is to be noted that Range Resources’ total proved reserves for 2016 was recorded at 12,072 Bcfe, much higher than the previous two years. Most importantly, more than 65% of proved reserves recorded during 2016 was natural gas. Given the significant growth in proved reserves, we can expect considerable improvement in the company’s natural gas production. Moreover, the company completed the merger with Memorial Resource Development. 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 the Appalachian Basin and Northern Louisiana." (10/20/2017)
- 2. KLR Group analysts commented, "We are increasing our RRC target price $1 to $60 per share due to slightly higher oil/gas price realizations. Our '17 production growth expectation of ~34% is at the midpoint of company guidance (33%-35%)." (2/24/2017)
Who are some of Range Resources' key competitors?
Some companies that are related to Range Resources include EQT GP (EQGP), Newfield Exploration (NFX), Rice Energy (RICE), RSP Permian (RSPP), Antero Resources (AR), WPX Energy (WPX), Murphy Oil (MUR), Athlon Energy (ATHL), Energen (EGN), Vermilion Energy (VET), Texas Pacific Land Trust (TPL), Black Stone Minerals (BSM), Chesapeake Energy (CHK), PDC Energy (PDCE), Matador Resources (MTDR), Tullow Oil (TLW), SM Energy (SM) and Whiting Petroleum (WLL).
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 61)
- James M. Funk Ph.D., Lead Independent Director (Age 67)
- Brenda A. Cline CPA, Independent Director (Age 56)
Who owns Range Resources stock?
Range Resources' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Schwab Charles Investment Management Inc. (0.56%), Country Trust Bank (0.25%), Bank of Montreal Can (0.11%), Creative Planning (0.08%), Sippican Capital Advisors (0.03%) and CWM LLC (0.02%). 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, Jeffrey L Ventura, Mary Ralph Lowe, Ray N Walker Jr, Roger S Manny and Steffen E Palko. View Institutional Ownership Trends for Range Resources.
Who sold Range Resources stock? Who is selling Range Resources stock?
Range Resources' stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Edge Wealth Management LLC, CWM LLC, Sippican Capital Advisors and Exxonmobil Investment Management Inc. TX. 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.
Who bought Range Resources stock? Who is buying Range Resources stock?
Range Resources' stock was purchased by a variety of institutional investors in the last quarter, including Country Trust Bank, Creative Planning, Schwab Charles Investment Management Inc., Nisa Investment Advisors LLC and Jolley Asset Management LLC. 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 Range Resources stock?
Shares of Range Resources 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 Range Resources stock can currently be purchased for approximately $16.47.
How big of a company is Range Resources?
Range Resources has a market capitalization of $4.09 billion and generates $1.10 billion in revenue each year. The oil and gas exploration company earns $-521,380,000.00 in net income (profit) each year or ($0.21) on an earnings per share basis. Range Resources employs 762 workers across the globe.
How can I contact Range Resources?
Range Resources' mailing address is 100 Throckmorton St Ste 1200, FORT WORTH, TX 76102-2842, United States. The oil and gas exploration company can be reached via phone at +1-817-8702601 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: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.64||2.67||2.78||2.82|
|Ratings Breakdown: ||1 Sell Rating(s)|
7 Hold Rating(s)
17 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)
|1 Sell Rating(s)|
3 Hold Rating(s)
19 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
2 Hold Rating(s)
19 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$30.45||$30.69||$34.87||$43.73|
|Price Target Upside: ||70.98% upside||83.78% upside||83.52% upside||108.12% upside|
Range Resources (NYSE:RRC) Consensus Price Target History
Range Resources (NYSE:RRC) Analyst Ratings History
(Data available from 1/18/2016 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|
|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: $0.81
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Range Resources (NYSE:RRC) Dividend Information
|Most Recent Dividend:||12/29/2017|
|Dividend Growth:||-12.60% (3 Year Average)|
|Payout Ratio:||-38.10% (Trailing 12 Months of Earnings) |
18.18% (Based on This Year's Estimates)
12.70% (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: 2.40%
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|
|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
This page is loading this company's SEC Filings. Please wait...
Range Resources (NYSE:RRC) Income Statement, Balance Sheet and Cash Flow Statement
Range Resources (NYSE RRC) Stock Chart for Thursday, January, 18, 2018