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.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Phone817-870-2601
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.28 billion
Profitability
Miscellaneous
Employees796
Next Earnings Date4/24/2019 (Estimated)
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 declared a quarterly dividend on Friday, March 1st. Investors of record on Friday, March 15th will be paid a dividend of $0.02 per share on Friday, March 29th. This represents a $0.08 annualized dividend and a yield of 0.74%. The ex-dividend date is Thursday, March 14th. View Range Resources' Dividend History.
How were Range Resources' earnings last quarter?
Range Resources Corp. (NYSE:RRC) released its earnings results on Monday, February, 25th. The oil and gas exploration company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.05. The oil and gas exploration company earned $1.07 billion during the quarter, compared to analysts' expectations of $736.35 million. Range Resources had a negative net margin of 53.20% and a positive return on equity of 5.20%. Range Resources's revenue for the quarter was up 58.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.22 EPS. View Range Resources' Earnings History.
When is Range Resources' next earnings date?
What price target have analysts set for RRC?
24 equities research analysts have issued 12-month price objectives for Range Resources' shares. Their forecasts range from $11.00 to $29.00. On average, they anticipate Range Resources' stock price to reach $18.6841 in the next twelve months. This suggests a possible upside of 73.0% 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, 14 hold ratings and 8 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 neutral on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Range Resources earned a coverage optimism score of 0.4 on InfoTrie's scale. They also assigned headlines about the oil and gas exploration company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the near future.
Are investors shorting Range Resources?
Range Resources saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 49,868,159 shares, an increase of 1.2% from the February 15th total of 50,482,926 shares. Based on an average trading volume of 8,531,768 shares, the days-to-cover ratio is currently 5.8 days. Currently, 20.2% of the company's stock are sold short. View Range Resources' Current Options Chain.
Who are some of Range Resources' key competitors?
Some companies that are related to Range Resources include Energen (EGN), Encana (ECA), Cimarex Energy (XEC), Parsley Energy (PE), WPX Energy (WPX), EQT (EQT), Murphy Oil (MUR), Eclipse Resources (ECR), Chesapeake Energy (CHK), Viper Energy Partners (VNOM), Vermilion Energy (VET), Black Stone Minerals (BSM), Newfield Exploration (NFX), Magnolia Oil & Gas (MGY) and PDC Energy (PDCE).
What other stocks do shareholders of Range Resources own?
Who are Range Resources' key executives?
Range Resources' management team includes the folowing people:
- Mr. Jeffrey L. Ventura, Pres, CEO & Director (Age 61)
- Mr. David P. Poole, Sr. VP, Gen. Counsel & Corp. Sec. (Age 57)
- Mr. Mark S. Scucchi, Sr. VP & CFO (Age 41)
- Mr. Dennis L. Degner, Sr. VP of Operations (Age 46)
- Ms. Dori A. Ginn, Sr. VP, Controller & Principal Accounting Officer (Age 61)
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 (16.09%), BlackRock Inc. (7.80%), Dimensional Fund Advisors LP (3.87%), Investec Asset Management LTD (3.80%), ANTIPODES PARTNERS Ltd (2.98%) and FMR LLC (2.94%). Company insiders that own Range Resources stock include Alan W Farquharson, Anthony V Dub, Chad L Stephens, 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, Steffen E Palko and Steven D Gray. 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 SailingStone Capital Partners LLC, Madison Investment Holdings Inc., State of New Jersey Common Pension Fund D, DFT Energy LP, First Trust Advisors LP, Bank of Montreal Can, WS Management Lllp and S&CO Inc.. Company insiders that have sold Range Resources company stock in the last year include David P Poole and Jeffrey L Ventura. View Insider Buying and Selling for Range Resources.
Which institutional investors are buying Range Resources stock?
RRC stock was acquired by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, FMR LLC, Kopernik Global Investors LLC, Norges Bank, Mackenzie Financial Corp, ANTIPODES PARTNERS Ltd, Oslo Asset Management AS and BlackRock Inc.. Company insiders that have bought Range Resources stock in the last two years include Greg G Maxwell, James M Funk, Mary Ralph Lowe, Sailingstone Capital Partners, Steffen E Palko and Steven D Gray. 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 $10.80.
How big of a company is Range Resources?
Range Resources has a market capitalization of $2.70 billion and generates $3.28 billion in revenue each year. The oil and gas exploration company earns $-1,746,480,000.00 in net income (profit) each year or $1.13 on an earnings per share basis. Range Resources employs 796 workers across the globe.
What is Range Resources' official website?
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)
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.
