Log in

NYSE:RRCRange Resources Stock Price, Forecast & News

$6.12
+0.50 (+8.90 %)
(As of 07/3/2020 04:00 PM ET)
Add
Compare
Today's Range
$5.69
Now: $6.12
$6.17
50-Day Range
$4.91
MA: $6.07
$8.03
52-Week Range
$1.61
Now: $6.12
$8.25
Volume7.33 million shs
Average Volume11.25 million shs
Market Capitalization$1.57 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.66
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
Range Resources logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.8Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.10 out of 5 stars


Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
CUSIP75281A10
Phone817-870-2601

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.83 billion
Cash Flow$6.95 per share
Book Value$9.34 per share

Profitability

Net Income$-1,716,300,000.00

Miscellaneous

Employees796
Market Cap$1.57 billion
Next Earnings Date7/23/2020 (Estimated)
OptionableOptionable

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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RRC stock has increased by 215.5% and is now trading at $6.12. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Range Resources?

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.

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) announced its quarterly earnings data on Thursday, April, 30th. The oil and gas exploration company reported $0.04 earnings per share (EPS) 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 quarterly revenue was down 7.2% on a year-over-year basis. During the same period in the prior 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. Stockholders 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 dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, December 12th. View Range Resources' dividend history.

What price target have analysts set for RRC?

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

Has Range Resources been receiving favorable news coverage?

News stories about RRC stock have trended negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog 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 coverage optimism score of -2.2 on InfoTrie's scale. They also gave headlines about the oil and gas exploration company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days. View the latest news about Range Resources.

Are investors shorting Range Resources?

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

Who are some of Range Resources' key 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."

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 $6.12.

How big of a company is Range Resources?

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.

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 7/5/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

  • Best-in-Class Portfolio Monitoring

    View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.