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 Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:RRC
CUSIP75281A10
Phone817-870-2601
Debt
Debt-to-Equity Ratio0.71%
Current Ratio0.57%
Quick Ratio0.54%
Price-To-Earnings
Trailing P/E Ratio24.55
Forward P/E Ratio13.56
P/E Growth0.58
Sales & Book Value
Annual Sales$2.61 billion
Price / Sales1.36
Cash Flow$3.3905 per share
Price / Cash4.20
Book Value$23.27 per share
Price / Book0.61
Profitability
EPS (Most Recent Fiscal Year)$0.58
Net Income$333.14 million
Net Margins12.76%
Return on Equity5.42%
Return on Assets2.64%
Miscellaneous
Employees773
Outstanding Shares248,540,000
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 Thursday, March 1st. Shareholders of record on Friday, March 16th will be given a dividend of $0.02 per share on Friday, March 30th. This represents a $0.08 annualized dividend and a yield of 0.56%. The ex-dividend date is Thursday, March 15th. View Range Resources' Dividend History.
How were Range Resources' earnings last quarter?
Range Resources Corp. (NYSE:RRC) issued its quarterly earnings results on Tuesday, February, 27th. The oil and gas exploration company reported $0.22 EPS for the quarter, topping analysts' consensus estimates 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%. The firm's revenue for the quarter was up 167.9% compared to the same quarter last year. During the same period last year, the firm posted $0.23 EPS. View Range Resources' Earnings History.
When is Range Resources' next earnings date?
What price target have analysts set for RRC?
27 brokers have issued 1-year target prices for Range Resources' shares. Their predictions range from $11.00 to $40.00. On average, they expect Range Resources' share price to reach $23.0455 in the next twelve months. View Analyst Ratings for Range Resources.
Are investors shorting Range Resources?
Range Resources saw a increase in short interest during the month of March. As of March 29th, there was short interest totalling 57,466,368 shares, an increase of 4.7% from the March 15th total of 54,899,593 shares. Based on an average daily trading volume, of 6,913,103 shares, the days-to-cover ratio is presently 8.3 days. Approximately 23.4% of the shares of the company are short sold.
Who are some of Range Resources' key competitors?
Some companies that are related to Range Resources include Antero Resources (AR), Energen (EGN), WPX Energy (WPX), Newfield Exploration (NFX), Murphy Oil (MUR), Centennial Resource Dev (CDEV), Crescent Point Energy (CPG), Vermilion Energy (VET), ARC Resources (AETUF), PDC Energy (PDCE), Black Stone Minerals (BSM), Matador Resources (MTDR), Whiting Petroleum (WLL), Viper Energy Partners (VNOM), Jagged Peak Energy (JAG), Oasis Petroleum (OAS), Enerplus (ERF) and Qep Resources (QEP).
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?
Media coverage about RRC stock has trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Range Resources earned a news sentiment score of 0.03 on Accern's scale. They also gave news coverage about the oil and gas exploration company an impact score of 45.42 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
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 $14.24.
How big of a company is Range Resources?
Range Resources has a market capitalization of $3.52 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.
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 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.
Range Resources (NYSE:RRC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
27 Wall Street analysts have issued ratings and price targets for Range Resources in the last 12 months. Their average twelve-month price target is $23.0455, suggesting that the stock has a possible upside of 61.84%. The high price target for RRC is $40.00 and the low price target for RRC is $11.00. There are currently 3 sell ratings, 12 hold ratings and 12 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Buy | Buy |
| Consensus Rating Score: | 2.33 | 2.44 | 2.65 | 2.79 |
| Ratings Breakdown: | 3 Sell Rating(s)
12 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s) | 3 Sell Rating(s)
8 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
7 Hold Rating(s)
18 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
20 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $23.0455 | $23.5238 | $30.3409 | $35.0250 |
| Price Target Upside: | 61.84% upside | 60.46% upside | 84.22% upside | 84.34% upside |
Range Resources (NYSE:RRC) Consensus Price Target History
Range Resources (NYSE:RRC) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
Range Resources (NYSE:RRC) Dividend Information
Range Resources pays an annual dividend of $0.08 per share, with a dividend yield of 0.56%. RRC's most recent quarterly dividend payment was Friday, March 30. Range Resources pays out 13.79% of its earnings out as a dividend.
| Most Recent Dividend: | 3/30/2018 |
| Annual Dividend: | $0.08 |
| Dividend Yield: | 0.56% |
| Dividend Growth: | -12.60% (3 Year Average) |
| Payout Ratio: | 13.79% (Trailing 12 Months of Earnings)
7.62% (Based on This Year's Estimates)
7.08% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Range Resources (NYSE:RRC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/1/2018 | quarterly | $0.02 | 0.55% | 3/15/2018 | 3/16/2018 | 3/30/2018 |
| 12/1/2017 | quarterly | $0.02 | 0.45% | 12/14/2017 | 12/15/2017 | 12/29/2017 |
| 9/1/2017 | quarterly | $0.02 | 0.45% | 9/14/2017 | 9/15/2017 | 9/29/2017 |
| 6/1/2017 | quarterly | $0.02 | 0.36% | 6/13/2017 | 6/15/2017 | 6/30/2017 |
| 3/1/2017 | quarterly | $0.02 | 0.29% | 3/13/2017 | 3/15/2017 | 3/31/2017 |
| 12/1/2016 | quarterly | $0.02 | 0.22% | 12/14/2016 | 12/16/2016 | 12/30/2016 |
| 9/2/2016 | quarterly | $0.02 | 0.2% | 9/14/2016 | 9/16/2016 | 9/30/2016 |
| 6/1/2016 | quarterly | $0.02 | 0.19% | 6/13/2016 | 6/15/2016 | 6/30/2016 |
| 2/25/2016 | quarterly | $0.02 | 0.34% | 3/11/2016 | 3/15/2016 | 3/31/2016 |
| 12/2/2015 | quarterly | $0.04 | 0.55% | 12/11/2015 | 12/15/2015 | 12/31/2015 |
| 9/1/2015 | quarterly | $0.04 | 0.42% | 9/11/2015 | 9/15/2015 | 9/30/2015 |
| 6/1/2015 | quarterly | $0.04 | 0.29% | 6/12/2015 | 6/16/2015 | 6/30/2015 |
| 3/2/2015 | quarterly | $0.04 | 0.32% | 3/12/2015 | 3/16/2015 | 3/31/2015 |
| 12/1/2014 | quarterly | $0.04 | 0.25% | 12/11/2014 | 12/15/2014 | 12/31/2014 |
| 8/29/2014 | quarterly | $0.04 | 0.21% | 9/11/2014 | 9/15/2014 | 9/30/2014 |
| 6/2/2014 | quarterly | $0.04 | 0.17% | 6/12/2014 | 6/16/2014 | 6/30/2014 |
| 2/28/2014 | quarterly | $0.04 | 0.19% | 3/12/2014 | 3/14/2014 | 3/31/2014 |
| 12/2/2013 | quarterly | $0.04 | 0.21% | 12/12/2013 | 12/16/2013 | 12/31/2013 |
| 9/3/2013 | quarterly | $0.04 | 0.21% | 9/12/2013 | 9/16/2013 | 9/30/2013 |
| 5/31/2013 | quarterly | $0.04 | 0.21% | 6/12/2013 | 6/14/2013 | 6/28/2013 |
| 3/1/2013 | quarterly | $0.04 | 0.21% | 3/13/2013 | 3/15/2013 | 3/29/2013 |
(Data available from 1/1/2013 forward)
Range Resources (NYSE RRC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 96.40%
Range Resources (NYSE RRC) Insider Trading History
| 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 | | |
(Data available from 1/1/2013 forward)
Range Resources (NYSE RRC) News Headlines
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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 Thursday, April, 19, 2018
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