NYSE:RRCRange Resources Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Range Resources Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $6.32 +0.31 (+5.16 %) (As of 05/26/2020 12:29 PM ET) Add Compare Share Today's Range$6.10Now: $6.32▼$6.3650-Day Range$2.64MA: $5.07▼$6.3352-Week Range$1.61Now: $6.32▼$8.38Volume2.66 million shsAverage Volume9.15 million shsMarket Capitalization$1.62 billionP/E RatioN/ADividend YieldN/ABeta2.69 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. As of December 31, 2018, the company owned and operated 4,900 net producing wells and approximately 878,000 net acres under lease in the Appalachian region; and 415 net producing wells and approximately 118,000 net acres under lease in the North Louisiana region. 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 was founded in 1976 and is headquartered in Fort Worth, Texas.Read More Beat the Market (BTM) Rank™ 1.8 Analyst's Opinion Consensus RatingRange Resources has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on no buy ratings, 12 hold ratings, and 6 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.94, Range Resources has a potential downside of 37.6% from its current price of $6.32.Amount of Analyst CoverageRange Resources has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesRange Resources has received 961 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRange Resources has received 1,074 “underperform” votes. (Add your “underperform” vote.)Community SentimentRange Resources has received 52.78% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldRange Resources does not currently pay a dividend.Dividend GrowthRange Resources does not have a long track record of dividend growth. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Range Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,055,786.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.85% of the stock of Range Resources is held by insiders. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Range Resources are expected to grow in the coming year, from ($0.49) to ($0.02) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Range Resources is -1.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Range Resources is -1.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRange Resources has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.8Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.70 out of 5 stars 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 CIK315852 Webwww.rangeresources.com Phone817-870-2601Debt Debt-to-Equity Ratio1.29 Current Ratio0.95 Quick Ratio0.95Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$2.83 billion Price / Sales0.57 Cash Flow$7.34 per share Price / Cash Flow0.86 Book Value$9.34 per share Price / Book0.68Profitability EPS (Most Recent Fiscal Year)$0.40 Net Income$-1,716,300,000.00 Net Margins-56.71% Return on Equity0.50% Return on Assets0.21%Miscellaneous Employees796 Outstanding Shares255,750,000Market Cap$1.62 billion Next Earnings Date7/23/2020 (Estimated) OptionableOptionable RRC Rates by TradingView Receive RRC News and Ratings via Email Sign-up to receive the latest news and ratings for RRC and its competitors with MarketBeat's FREE daily newsletter. Range Resources (NYSE:RRC) Frequently Asked Questions How has Range Resources' stock been impacted by COVID-19 (Coronavirus)? Range Resources' stock was trading at $1.94 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RRC stock has increased by 225.6% and is now trading at $6.3163. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Range Resources? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Range Resources in the last year. There are currently 6 sell ratings and 12 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Range Resources. When is Range Resources' next earnings date? Range Resources is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Range Resources. How were Range Resources' earnings last quarter? Range Resources Corp. (NYSE:RRC) released its quarterly earnings results on Thursday, April, 30th. The oil and gas exploration company reported $0.04 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.02) by $0.06. The oil and gas exploration company earned $693.90 million during the quarter, compared to analysts' expectations of $608.45 million. Range Resources had a negative net margin of 56.71% and a positive return on equity of 0.50%. The company's quarterly revenue was down 7.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.36 earnings per share. View Range Resources' earnings history. How often does Range Resources pay dividends? What is the dividend yield for Range Resources? Range Resources announced a quarterly dividend on Wednesday, December 4th. Shareholders of record on Friday, December 13th will be given a dividend of $0.02 per share on Monday, December 30th. This represents a $0.08 annualized dividend and a yield of 1.27%. The ex-dividend date is Thursday, December 12th. View Range Resources' dividend history. What price target have analysts set for RRC? 18 equities research analysts have issued 1-year price targets for Range Resources' stock. Their forecasts range from $2.00 to $7.00. On average, they anticipate Range Resources' stock price to reach $3.94 in the next year. This suggests that the stock has a possible downside of 37.6%. View analysts' price targets for Range Resources. Has Range Resources been receiving favorable news coverage? Media coverage about RRC stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive 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 press coverage about the oil and gas exploration company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutRange Resources. Are investors shorting Range Resources? Range Resources saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 64,450,000 shares, a drop of 9.2% from the April 30th total of 70,980,000 shares. Based on an average daily volume of 14,250,000 shares, the short-interest ratio is currently 4.5 days. Currently, 25.8% of the company's stock are short sold. View Range Resources' Current Options Chain. Who are some of Range Resources' key competitors? 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), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), Apache (APA), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC) and Southwestern Energy (SWN). View all competitors. What other stocks do shareholders of Range Resources own? 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). Who are Range Resources' key executives? Range Resources' management team includes the following people: Mr. Jeffrey L. Ventura, Pres, CEO & Director (Age 61)Mr. Mark S. Scucchi, Sr. VP & CFO (Age 41)Mr. Dennis L. Degner, Sr. VP of Operations (Age 46)Mr. David P. Poole, Sr. VP, Gen. Counsel & Corp. Sec. (Age 57)Ms. Dori A. Ginn, Sr. VP, Controller & Principal Accounting Officer (Age 61) What is Range Resources' stock symbol? Range Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "RRC." Who are Range Resources' major shareholders? Range Resources' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (11.89%), BlackRock Inc. (10.23%), Kopernik Global Investors LLC (4.87%), Russell Investments Group Ltd. (3.57%), Nuveen Asset Management LLC (3.35%) and Contrarius Investment Management Ltd (2.85%). Company insiders that own Range Resources stock include David P Poole, James M Funk, Jeffrey L Ventura, Margaret K Dorman, Mark Scucchi, Sailingstone Capital Partners, Steffen E Palko and Steven D Gray. View institutional ownership trends for Range Resources. Which major investors are selling Range Resources stock? RRC stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, BlackRock Inc., Fuller & Thaler Asset Management Inc., Schroder Investment Management Group, Invesco Ltd., Bank of New York Mellon Corp, Rafferty Asset Management LLC, and WS Management Lllp. View insider buying and selling activity for Range Resources. Which major investors are buying Range Resources stock? RRC stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Nuveen Asset Management LLC, Exor Investments UK LLP, Arosa Capital Management LP, Russell Investments Group Ltd., Deutsche Bank AG, Matarin Capital Management LLC, and Geode Capital Management LLC. Company insiders that have bought Range Resources stock in the last two years include James M Funk, Margaret K Dorman, Mark Scucchi, Sailingstone Capital Partners, Steffen E Palko, and Steven D Gray. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Range Resources' stock price today? One share of RRC stock can currently be purchased for approximately $6.32. How big of a company is Range Resources? Range Resources has a market capitalization of $1.62 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. What is Range Resources' official website? The official website for Range Resources is 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] This page was last updated on 5/26/2020 by MarketBeat.com Staff
