NYSE:RRC - Range Resources Stock Price, News, & Analysis

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$17.44 -0.38 (-2.13 %)
(As of 11/15/2018 06:00 AM ET)
Previous Close$17.82
Today's Range$16.99 - $18.22
52-Week Range$11.93 - $18.93
Volume13.26 million shs
Average Volume7.60 million shs
Market Capitalization$4.39 billion
P/E Ratio30.07
Dividend Yield0.45%
Beta0.58
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company. It engages in the exploration, development, and acquisition of natural gas and oil properties. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and North Louisiana regions of the United States. The company owns 4,554 net producing wells and approximately 945,000 acres under lease in the Appalachian region; 415 net producing wells and approximately 233,000 net acres under lease in the North Louisiana region; and 151 net producing wells and approximately 195,000 net acres under lease in the Nemaha Uplift of Northern Oklahoma. It markets and sells natural gas to utilities, marketing and midstream companies, and industrial users; petrochemical end users, NGL distributors, 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 founded in 1975 and is headquartered in Fort Worth, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNYSE:RRC
Previous Symbol
CUSIP75281A10
Phone817-870-2601

Debt

Debt-to-Equity Ratio0.72
Current Ratio0.56
Quick Ratio0.53

Price-To-Earnings

Trailing P/E Ratio30.07
Forward P/E Ratio16.77
P/E Growth1.24

Sales & Book Value

Annual Sales$2.61 billion
Price / Sales1.67
Cash Flow$3.3410 per share
Price / Cash5.22
Book Value$23.32 per share
Price / Book0.75

Profitability

EPS (Most Recent Fiscal Year)$0.58
Net Income$333.14 million
Net Margins8.28%
Return on Equity4.85%
Return on Assets2.39%

Miscellaneous

Employees773
Outstanding Shares249,510,000
Market Cap$4.39 billion
OptionableOptionable

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 Friday, August 31st. Stockholders of record on Friday, September 14th will be paid a dividend of $0.02 per share on Friday, September 28th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date of this dividend is Thursday, September 13th. View Range Resources' Dividend History.

How were Range Resources' earnings last quarter?

Range Resources Corp. (NYSE:RRC) announced its quarterly earnings results on Tuesday, October, 23rd. The oil and gas exploration company reported $0.26 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.08. The oil and gas exploration company had revenue of $811.20 million for the quarter, compared to analysts' expectations of $747.06 million. Range Resources had a return on equity of 4.85% and a net margin of 8.28%. The company's revenue for the quarter was up 68.2% on a year-over-year basis. During the same quarter last year, the business posted $0.05 EPS. View Range Resources' Earnings History.

When is Range Resources' next earnings date?

Range Resources is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Range Resources.

What price target have analysts set for RRC?

24 Wall Street analysts have issued 12 month target prices for Range Resources' stock. Their forecasts range from $16.00 to $29.00. On average, they anticipate Range Resources' stock price to reach $22.1579 in the next year. This suggests a possible upside of 27.1% from the stock's current price. View Analyst Price Targets for Range Resources.

What is the consensus analysts' recommendation for Range Resources?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Range Resources in the last year. There are currently 2 sell ratings, 10 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Range Resources.

Has Range Resources been receiving favorable news coverage?

Press coverage about RRC stock has been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Range Resources earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned headlines about the oil and gas exploration company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the near term.

Are investors shorting Range Resources?

Range Resources saw a decrease in short interest in September. As of September 28th, there was short interest totalling 37,590,123 shares, a decrease of 11.7% from the September 14th total of 42,568,456 shares. Based on an average daily trading volume, of 7,509,509 shares, the short-interest ratio is presently 5.0 days. Currently, 15.3% of the shares of the stock are sold short. View Range Resources' Current Options Chain.

Who are some of Range Resources' key competitors?

Who are Range Resources' key executives?

Range Resources' management team includes the folowing people:
  • Mr. Jeffrey L. Ventura, Pres, CEO & Director (Age 60)
  • Mr. David P. Poole, Sr. VP, Gen. Counsel & Corp. Sec. (Age 56)
  • Mr. Mark S. Scucchi, Sr. VP & CFO
  • Mr. Dennis L. Degner, Sr. VP of Operations
  • Ms. Dori A. Ginn, Sr. VP, Controller & Principal Accounting Officer (Age 60)

Who are Range Resources' major shareholders?

Range Resources' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.49%), Dimensional Fund Advisors LP (3.68%), Fuller & Thaler Asset Management Inc. (2.12%), Kopernik Global Investors LLC (1.83%), Fisher Asset Management LLC (1.12%) and Bank of New York Mellon Corp (0.98%). 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, James M Funk, Jeffrey L Ventura, Mary Ralph Lowe, Ray N Walker Jr, Roger S Manny, Sailingstone Capital Partners 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 Thompson Siegel & Walmsley LLC, Allianz Asset Management GmbH, BlackRock Inc., First Manhattan Co., Schroder Investment Management Group, Kopernik Global Investors LLC, State of New Jersey Common Pension Fund D and United Services Automobile Association. Company insiders that have sold Range Resources company stock in the last year include Anthony V Dub, David P Poole, Jeffrey L Ventura 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 Bank of Montreal Can, Prudential Financial Inc., Russell Investments Group Ltd., Matarin Capital Management LLC, Man Group plc, Trexquant Investment LP, DFT Energy LP and Credit Suisse AG. Company insiders that have bought Range Resources stock in the last two years include Christopher A Helms, Greg G Maxwell, James M Funk, Mary Ralph Lowe, Sailingstone Capital Partners 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 $17.44.

How big of a company is Range Resources?

Range Resources has a market capitalization of $4.39 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 $0.58 on an earnings per share basis. Range Resources employs 773 workers across the globe.

What is Range Resources' official website?

The official website for Range Resources is http://www.rangeresources.com.

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 (NYSE RRC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  859 (Vote Outperform)
Underperform Votes:  931 (Vote Underperform)
Total Votes:  1,790
MarketBeat's community ratings are surveys of what our community members think about Range Resources and other stocks. Vote "Outperform" if you believe RRC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RRC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/15/2018 by MarketBeat.com Staff

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