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Range Resources Corp Stock Research

RRC

30.40USD-1.00(-3.18%)Market Closed
Watchlist

Market Summary

USD30.40-1.00
Market Closed
-3.18%

RRC Alerts

RRC Stock Price

RRC RSI Chart

RRC Valuation

Market Cap

7.3B

Price/Earnings (Trailing)

4.28

Price/Sales (Trailing)

1.63

Price/Free Cashflow

4.19

RRC Price/Sales (Trailing)

RRC Profitability

Return on Equity

64.19%

Return on Assets

30.83%

Free Cashflow Yield

23.88%

RRC Fundamentals

RRC Revenue

Revenue (TTM)

4.5B

Revenue Y/Y

-64.97%

Revenue Q/Q

-56.74%

RRC Earnings

Earnings (TTM)

1.7B

Earnings Y/Y

-93.32%

Earnings Q/Q

-93.72%

Price Action

52 Week Range

22.6134.54
(Low)(High)

Last 7 days

-7.1%

Last 30 days

-6.0%

Last 90 days

5.7%

Trailing 12 Months

1.8%

RRC Financial Health

Current Ratio

0.92

Debt/Equity

0.82

Debt/Cashflow

0.79

RRC Investor Care

Dividend Yield

1.05%

Dividend/Share (TTM)

0.32

Buy Backs (1Y)

1.86%

Diluted EPS (TTM)

6.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for RRC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-09
FUNK JAMES M
gifted
-170,175
34.035
-5,000
-
2023-08-01
Ginn Dori
sold
-1,554,450
31.089
-50,000
svp, principal accting officer
2023-06-15
Spiller Reginal
sold
-52,260
26.8
-1,950
-
2023-06-01
McDowell Erin W
acquired
-
-
42,223
svp & general counsel
2023-06-01
McDowell Erin W
sold
-
-
-42,223
svp & general counsel
2023-06-01
Ginn Dori
acquired
3,790,810
27.09
139,934
svp, principal accting officer
2023-06-01
Degner Dennis
acquired
-
-
98,285
chief executive officer & pres
2023-06-01
Scucchi Mark
acquired
-
-
118,788
evp & cfo
2023-06-01
Maxwell Greg G
sold
-
-
-24,674
-
2023-06-01
Scucchi Mark
sold
-
-
-118,788
evp & cfo

1–10 of 50

Which funds bought or sold RRC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
reduced
-7.14
11.00
382
-%
2023-08-28
DELPHI MANAGEMENT INC /MA/
new
-
1,262,000
1,262,000
1.31%
2023-08-23
Stonebridge Capital Advisors LLC
unchanged
-
13,478
135,240
0.01%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
added
38.58
843,483
2,407,860
0.02%
2023-08-22
COMERICA BANK
new
-
5,000
5,000
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-3.06
609,886
8,562,160
0.01%
2023-08-21
OSAIC HOLDINGS, INC.
added
27.88
273,474
941,486
-%
2023-08-21
VitalStone Financial, LLC
new
-
2,000
2,000
-%
2023-08-21
BOKF, NA
sold off
-100
-9,106
-
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
4.86
181,000
1,281,000
0.01%

1–10 of 42

Latest Funds Activity

Are funds buying RRC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RRC
No. of Funds

Schedule 13G FIlings of Range Resources

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Aug 10, 2023
price t rowe associates inc /md/
10.0%
24,255,437
SC 13G
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
10.25%
24,766,887
SC 13G/A
Jan 31, 2023
state street corp
4.78%
11,557,886
SC 13G/A
Jan 24, 2023
blackrock inc.
9.99%
24,148,314
SC 13G/A
Nov 09, 2022
blackrock inc.
10.2%
24,660,746
SC 13G/A
Jul 08, 2022
blackrock inc.
9.2%
24,900,165
SC 13G
Feb 11, 2022
state street corp
5.44%
14,129,468
SC 13G/A
Feb 10, 2022
vanguard group inc
10.53%
27,351,074
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A

Recent SEC filings of Range Resources

View All Filings
Date Filed Form Type Document
Aug 11, 2023
4
Insider Trading
Aug 10, 2023
SC 13G
Major Ownership Report
Aug 01, 2023
4/A
Insider Trading
Aug 01, 2023
144
Notice of Insider Sale Intent
Jul 25, 2023
8-K
Current Report
Jul 24, 2023
10-Q
Quarterly Report
Jul 13, 2023
8-K
Current Report
Jun 15, 2023
4
Insider Trading
Jun 15, 2023
11-K
Employee Benefit Details

Peers (Alternatives to Range Resources)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
-
8.8B
-5.97% 4.87%
-
-
-19.24% -60.57%
72.8B
25.9B
-3.74% 5.53%
8.36
2.81
16.80% 52.54%
60.4B
31.8B
0.82% 0.45%
4.68
1.64
-6.68% -38.20%
53.5B
20.3B
-3.59% -1.28%
9.25
2.63
-14.26% -6.45%
27.4B
8.3B
2.99% 18.50%
7.84
3.3
-8.75% -9.74%
-
16.8B
-4.56% -23.52%
-
-
-8.28% -9.23%
MID-CAP
12.6B
13.4B
-4.38% -6.21%
3.77
0.94
15.65% 37.73%
7.3B
4.5B
-6.03% 1.77%
4.28
1.63
15.35% 216.30%
6.9B
2.8B
-5.75% 4.91%
7.4
2.49
1.90% -11.66%
3.3B
1.6B
-2.74% 18.33%
15.22
2
-20.41% 13.75%
3.0B
2.9B
-11.84% -43.65%
3.08
1.03
9.57% 185.64%
2.3B
2.7B
2.49% 0.08%
2.51
0.88
12.93% 24.18%
-
4.0B
- -
-
-
72.02% 99.37%
SMALL-CAP
2.0B
7.3B
-3.87% 99.88%
3.27
0.28
21.02% 508.09%
805.4M
1.5B
-8.19% -35.44%
1.28
0.42
-22.98% 63.46%

Range Resources News

MarketBeat
Sciencast Management LP Makes New $269000 Investment in ....
MarketBeat,
73 minutes ago
Energy & Capital
The Ramp-Up Has Begun.
Energy & Capital,
43 hours ago
InvestorsObserver
InvestorsObserver
24/7 Wall St.

Returns for RRC

Cumulative Returns on RRC

-8.8%


10-Year Cumulative Returns

-2.9%


7-Year Cumulative Returns

12.0%


5-Year Cumulative Returns

57.5%


3-Year Cumulative Returns

Risks for RRC

What is the probability of a big loss on RRC?

100%


Probability that Range Resources stock will be more than 20% underwater in next one year

78.8%


Probability that Range Resources stock will be more than 30% underwater in next one year.

42.3%


Probability that Range Resources stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does RRC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Range Resources was unfortunately bought at previous high price.

Drawdowns

Financials for Range Resources

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-17.6%4,4505,4025,3354,4713,8583,0773,5802,8372,3062,0041,7811,6471,8452,3142,6013,2563,4793,2843,3342,9382,574
Costs and Expenses-3.0%2,4852,5622,7332,7572,7622,6862,5282,4272,8302,8032,7065,0604,6724,8025,0445,0405,0825,1505,0602,9612,904
  S&GA Expenses-2.0%164168168168176173168167156154158161164177181188191188210240250
EBITDA-------1,6511,6431,6411,7251,7252,8562,8952,9352,8971,8241,8581,895---
EBITDA Margin-------0.46*0.60*0.88*0.97*0.97*1.88*1.57*1.27*1.11*0.56*0.53*0.58*---
Interest Expenses-7.2%139150165184202218227220211202193188187190194199207209210213207
EBT Margin-------0.30*0.39*0.57*0.59*0.59*0.70*0.58*0.46*0.41*0.33*0.30*0.32*---
Net Income-19.9%1,6992,1221,1831,261537-72.18412-441-839-850-711-2,555-1,834-1,551-1,716-1,675-1,599-1,794-1,74623963.00
Net Income Margin-100.0%-0.39*0.22*0.23*0.11*-0.02*0.12*-0.16*-0.40*-0.43*-0.40*-1.63*-0.99*-0.67*-0.66*-0.51*-----
Free Cashflow-100.0%-1,9331,8651,5701,2411,090793565349268268311439545682765-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q22018Q1
Assets-1.3%6,7906,8826,6266,9206,6156,5606,6616,3046,2296,1376,0136,4526,5906,6128,8549,7289,6359,70811,86611,82611,730
  Current Assets-19.1%562694540862669576737412340290209332467428412459388602422385338
    Cash Equivalents-28.8%1622280.001570.001132140.000.000.001.001.001.001.000.001.000.001.000.000.001.00
  Inventory---------------26.0027.0025.0023.0024.0022.0030.00
  Net PPE-17.0%2.002.002.003.003.003.003.003.004.004.004.004.005.005.006.007.009.0010.0011.0013.0013.00
  Goodwill-------------------1,6411,6411,641
Liabilities-4.9%3,4033,5773,7504,7564,6384,9604,5755,1234,7064,4994,4194,1164,0944,2654,6965,5465,5725,6496,0496,0625,896
  Current Liabilities-13.9%6527571,0212,0902,0282,3371,1521,646926707630530490567557614671755754740679
    LT Debt, Current----528532749218218-45.0045.0059.00---------
Shareholder's Equity2.5%3,3883,3052,8762,1631,9771,6002,0861,1811,5231,6381,5942,3362,4962,3474,1584,1824,0634,0595,8175,7645,835
  Retained Earnings0.5%-1,989-2,000-2,462-3,257-3,611-4,063-3,607-4,498-4,148-4,018-4,057-3,308-3,140-3,306-1,496-1,463-1,574-1,570199155240
  Additional Paid-In Capital1.3%5,8135,7405,7655,7575,7495,7085,7205,7075,6995,6845,6795,6735,6645,6605,6535,6455,6355,6285,6175,6085,594
Accumulated Depreciation0.5%73.0073.0072.0072.0072.0072.0071.0071.0077.0076.0075.0080.0077.0097.0096.00105104102101102101
Shares Outstanding0.4%239238-240243245-243243-240239246-248248248-246246246
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-10.2%1,7351,9331,8651,5701,2411,090793565349253269311440546682765891881991991950
Cashflow From Investing-5.7%-553-523-489-463-427-410-417-422-138-156-184-24915111239.00309-445-571-695-1,153-1,283
Cashflow From Financing21.2%-1,020-1,295-1,589-949-813-567-161-142-210-96.89-84.69-61.83-590-657-721-1,074-444-308-295163333
  Dividend Payments33.3%77.0058.0039.0020.00-------5.0010.0015.0020.0020.0020.0020.0020.0020.0020.00

RRC Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues and other income:    
Total Revenues from Contracts with Customers$ 513,243$ 1,465,065$ 1,331,636$ 2,584,858
Derivative fair value income (loss)123,734(239,922)491,701(1,178,979)
Total revenues and other income636,9771,225,1431,823,3371,405,879
Costs and expenses:    
Taxes other than income6,9938,05314,88715,132
Brokered natural gas and marketing44,800110,109111,868203,232
Exploration7,4487,50612,05212,205
Abandonment and impairment of unproved properties25,7867,13733,2969,133
General and administrative39,52642,90882,67285,445
Exit costs48,65436,06960,97747,184
Deferred compensation plan11,153(19,221)20,54954,122
Interest31,11742,00163,31989,176
(Gain) loss on early extinguishment of debt(439)22(439)69,232
Depletion, depreciation and amortization85,01686,498171,578172,102
Gain on the sale of assets(106)(82)(244)(413)
Total costs and expenses592,034668,9571,175,0681,422,582
Income (loss) before income taxes44,943556,186648,269(16,703)
Income tax (benefit) expense:    
Current(300)9,0002,39913,751
Deferred15,01294,331134,192(26,501)
Total (benefit) expense for income taxes14,712103,331136,591(12,750)
Net income (loss)$ 30,231$ 452,855$ 511,678$ (3,953)
Net income (loss) per common share:    
Basic$ 0.12$ 1.81$ 2.10$ (0.02)
Diluted0.121.772.07(0.02)
Dividends declared per share$ 0.08$ 0$ 0.16$ 0
Weighted average common shares outstanding:    
Basic238,970243,492238,497244,416
Diluted241,105248,650241,069244,416
Natural Gas, NGLs and Oil Sales    
Revenues and other income:    
Total Revenues from Contracts with Customers$ 468,382$ 1,356,892$ 1,204,664$ 2,389,243
Brokered Natural Gas, Marketing and Other    
Revenues and other income:    
Total Revenues from Contracts with Customers44,861108,173126,972195,615
Direct Operating    
Costs and expenses:    
Costs and expenses23,89620,05050,88040,338
Transportation, Gathering, Processing and Compression    
Costs and expenses:    
Costs and expenses$ 268,190$ 327,907$ 553,673$ 625,694

RRC Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 162,075$ 207
Accounts receivable, less allowance for doubtful accounts of $308 and $314187,762481,050
Contingent consideration receivable024,500
Derivative assets176,247925
Other current assets35,48732,905
Total current assets561,571539,587
Derivative assets80,42140,990
Natural gas properties, successful efforts method[1]10,950,24910,655,879
Accumulated depletion and depreciation[1](4,933,579)(4,765,475)
Natural gas and oil properties, successful efforts method, net[1]6,016,6705,890,404
Other property and equipment74,72574,638
Accumulated depreciation and amortization(72,993)(72,204)
Other Property and equipment, net1,7322,434
Operating lease right-of-use assets52,63784,070
Other assets77,14168,077
Total assets6,790,1726,625,562
Current liabilities:  
Accounts payable139,352206,738
Asset retirement obligations4,5704,570
Accrued liabilities301,762442,922
Deferred compensation liabilities79,44389,334
Accrued interest38,64539,138
Divestiture contract obligation88,26386,546
Derivative liabilities0151,417
Total current liabilities652,0351,020,665
Bank debt09,509
Senior notes1,772,6551,832,451
Deferred tax liabilities467,768333,571
Derivative liabilities1,01815,495
Deferred compensation liabilities64,63399,907
Operating lease liabilities18,13520,903
Asset retirement obligations and other liabilities114,629112,981
Divestiture contract obligation311,692304,074
Total liabilities3,402,5653,749,556
Commitments and contingencies
Stockholders’ Equity  
Preferred stock, $1 par, 10,000,000 shares authorized, none issued and outstanding00
Common stock, $0.01 par, 475,000,000 shares authorized, 265,751,577 issued at June 30, 2023 and 262 887 265 issued at December 31, 20222,6572,629
Common stock held in treasury, 24,401,065 shares at June 30, 2023 and 24,001,535 shares at December 31, 2022(439,302)(429,659)
Additional paid-in capital5,813,4085,764,970
Accumulated other comprehensive income485467
Retained deficit(1,989,641)(2,462,401)
Total stockholders' equity3,387,6072,876,006
Total liabilities and stockholders’ equity$ 6,790,172$ 6,625,562
[1]Includes capitalized asset retirement costs and the associated accumulated amortization.
Jeffrey L. Ventura
530
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties. As of December 31, 2021, the company owned and operated 1,350 net producing wells and approximately 794,000 net acres under lease located in the Appalachian region of the northeastern United States. It markets and sells natural gas and NGLs to utilities, marketing and midstream companies, and industrial users; petrochemical end users, marketers/traders, 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.