Range Resources Corporation Company Profile (NYSE:RRC)

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

Range Resources Corporation announced a quarterly dividend on Thursday, June 1st. Investors of record on Thursday, June 15th will be paid a dividend of $0.02 per share on Friday, June 30th. This represents a $0.08 annualized dividend and a yield of 0.46%. The ex-dividend date of this dividend is Tuesday, June 13th. View Range Resources Corporation's Dividend History.

Range Resources Corporation (NYSE:RRC) posted its quarterly earnings data on Tuesday, August, 1st. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.08 by $0.20. The company had revenue of $565 million for the quarter, compared to the consensus estimate of $544.08 million. Range Resources Corporation had a return on equity of 0.67% and a net margin of 1.75%. The company's revenue for the quarter was up 55.8% on a year-over-year basis. During the same period last year, the business posted ($1.35) earnings per share. View Range Resources Corporation's Earnings History.

Range Resources Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Range Resources Corporation.

23 brokers have issued twelve-month price objectives for Range Resources Corporation's shares. Their forecasts range from $18.00 to $58.00. On average, they anticipate Range Resources Corporation's share price to reach $40.69 in the next year. View Analyst Ratings for Range Resources Corporation.

Here are some recent quotes from research analysts about Range Resources Corporation stock:

• 1. According to Zacks Investment Research, "Range Resources has extensive oil and gas resources in the 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. In the Marcellus play, the company will likely bring 118 wells on line this year, while 56 wells are expected to produce first gas and oil in North Louisiana. These developments are likely to help Range Resources reach its 33–35% year-over-year natural gas and oil production growth target. Moreover, the company completed the merger with Memorial Resource Development Corp.  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 both the Appalachian Basin and Northern Louisiana." (7/27/2017)
• 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)
• 3. Morgan Stanley analysts commented, "We see significant upside if gas and NGL prices rebound, balanced by greater balance sheet risk than peers if commodity prices remain weak in 2017," analyst Drew Venker wrote in a note. "We see relatively balanced risk-reward for Range net of the balance sheet improvement: the stock offers deep NAV upside, but downside is greater than many of its Appalachia peers due to its higher leverage and premium multiple," Venker continued. Resource Potential And RiskMeanwhile, the analyst noted that Memorial's Louisiana assets have large resource potential, but greater risk than the Marcellus as much of the acreage position is untested — versus the Marcellus, which has been extensively drilled and is fully delineated.After the Memorial deal, Venker expects Range's YE-2017 leverage to remain above peers on his strip price deck at 3.7x net debt to EBITDA vs. the Marcellus-Utica peers at 2.0x."If gas and NGL prices remain subdued next year, balance sheet concerns could quickly become investors' primary concern on RRC. However, in a higher price environment in 2017, any remaining leverage concerns will quickly dissipate," (9/20/2016)

Some companies that are related to Range Resources Corporation include Diamondback Energy (FANG), EQT GP Holdings, LP (EQGP), Parsley Energy (PE), Antero Resources Corporation (AR), Rice Energy (RICE), Newfield Exploration Company (NFX), RSP Permian (RSPP), Energen Corporation (EGN), Murphy Oil Corporation (MUR), WPX Energy (WPX), Vermilion Energy (VET), Chesapeake Energy Corporation (CHK), Laredo Petroleum (LPI), Transportadora De Gas Sa Ord B (TGS), Southwestern Energy Company (SWN), PDC Energy (PDCE), Kosmos Energy (KOS) and Matador Resources Co (MTDR).

Range Resources Corporation's management team includes the folowing people:

• Jeffrey L. Ventura, Chairman of the Board, President, Chief Executive Officer
• Roger S. Manny, Chief Financial Officer, Executive Vice President
• Ray N. Walker Jr., Chief Operating Officer, Executive Vice President
• Dori A. Ginn, Senior Vice President, Principal Accounting Officer, Controller
• David P. Poole, Senior Vice President, General Counsel, Corporate Secretary
• John K. Applegath, Senior Vice President – North Louisiana Division
• Alan W. Farquharson, Senior Vice President - Reservoir Engineering & Economics
• Chad L. Stephens III, Senior Vice President - Corporate Development
• James M. Funk Ph.D., Lead Independent Director
• Brenda A. Cline CPA, Independent Director

Range Resources Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.51%), Sanders Capital LLC (6.09%), BlackRock Inc. (5.75%), State Street Corp (5.68%), Capital Research Global Investors (3.49%) and Thompson Siegel & Walmsley LLC (1.78%). Company insiders that own Range Resources Corporation stock include Alan W Farquharson, Anthony V Dub, Chad L Stephens, Christopher A Helms, Greg G Maxwell, Gregory Gene Maxwell, James M Funk, Jeffrey L Ventura, John H Pinkerton, Mary Ralph Lowe, Ray N Walker Jr, Roger S Manny and Steffen E Palko. View Institutional Ownership Trends for Range Resources Corporation.

Range Resources Corporation's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, TimesSquare Capital Management LLC, Capital Research Global Investors, Eaton Vance Management, American Century Companies Inc., BlueCrest Capital Management Ltd, Thrivent Financial For Lutherans and Airain ltd. Company insiders that have sold Range Resources Corporation stock in the last year include Alan W Farquharson, Chad L Stephens and Ray N Walker Jr. View Insider Buying and Selling for Range Resources Corporation.

Range Resources Corporation's stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, UBS Oconnor LLC, Canada Pension Plan Investment Board, Vanguard Group Inc., Dimensional Fund Advisors LP, Sanders Capital LLC, Caymus Capital Partners L.P. and BlackRock Inc.. Company insiders that have bought Range Resources Corporation 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 Corporation.

Shares of Range Resources Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Range Resources Corporation stock can currently be purchased for approximately $17.53.