NYSE:RRCRange Resources Stock Price, Forecast & News

Range Resources' stock was trading at $1.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RRC shares have increased by 215.5% and is now trading at $6.12. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Range Resources in the last year. There are currently 6 sell ratings and 13 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Range Resources.

Range Resources is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Range Resources.

Range Resources Corp. (NYSE:RRC) posted its quarterly earnings results on Thursday, April, 30th. The oil and gas exploration company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.06. The oil and gas exploration company had revenue of $693.90 million for the quarter, compared to analysts' expectations of $608.45 million. Range Resources had a positive return on equity of 0.50% and a negative net margin of 56.71%. The company's revenue for the quarter was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.36 earnings per share. View Range Resources' earnings history.

Range Resources declared a quarterly dividend on Wednesday, December 4th. Investors of record on Friday, December 13th will be paid a dividend of $0.02 per share on Monday, December 30th. This represents a $0.08 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Thursday, December 12th. View Range Resources' dividend history.

19 Wall Street analysts have issued 12-month price objectives for Range Resources' stock. Their forecasts range from $2.00 to $11.00. On average, they expect Range Resources' share price to reach $4.54 in the next twelve months. This suggests that the stock has a possible downside of 25.8%. View analysts' price targets for Range Resources.

Headlines about RRC stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -1.0 on InfoTrie's scale. They also gave news headlines about the oil and gas exploration company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Range Resources.

Range Resources saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 54,340,000 shares, a decline of 10.7% from the May 31st total of 60,830,000 shares. Based on an average trading volume of 13,160,000 shares, the days-to-cover ratio is currently 4.1 days. Currently, 21.8% of the shares of the stock are sold short. View Range Resources' Current Options Chain.

Some companies that are related to Range Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Apache (APA), Marathon Oil (MRO), Noble Energy (NBL), Devon Energy (DVN), WPX Energy (WPX), EQT (EQT), Cimarex Energy (XEC) and Southwestern Energy (SWN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Range Resources investors own include Chesapeake Energy (CHK), Callon Petroleum (CPE), Intel (INTC), General Electric (GE), Alibaba Group (BABA), Cisco Systems (CSCO), Apache (APA), Cabot Oil & Gas (COG), Micron Technology (MU) and Advanced Micro Devices (AMD).

Range Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "RRC."

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, Robinhood, Fidelity, and Charles Schwab.

One share of RRC stock can currently be purchased for approximately $6.12.

Range Resources has a market capitalization of $1.57 billion and generates $2.83 billion in revenue each year. The oil and gas exploration company earns $-1,716,300,000.00 in net income (profit) each year or $0.40 on an earnings per share basis. Range Resources employs 796 workers across the globe.

The official website for Range Resources is www.rangeresources.com.

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]