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RRC

25.22USD-1.62(-6.04%)Market Closed

Range Resources Corp

Market Summary

USD25.22-1.62Market Closed
-6.04%

RRC Alerts

RRC Stock Price

RSI Chart

Valuation

Market Cap

7.1B

Price/Earnings

5.66

Price/Sales

1.32

Price/Cashflow

4.54

MarketCap/EBT

6.6

Price/Sales

Profitability

EBT Margin

29.57%

Return on Equity

58.26%

Return on Assets

18.22%

Fundamentals

Revenue

Revenue (TTM)

5.4B

Revenue Y/Y

64.24%

Revenue Q/Q

7.04%

Earnings

Earnings (TTM)

1.3B

Earnings Y/Y

206.52%

Earnings Q/Q

-17.61%

Price Action

52 Week Range

16.7137.44
(Low)(High)

Last 7 days

-11.0%

Last 30 days

-10.0%

Last 90 days

-18.3%

Trailing 12 Months

36.5%

Financial Health

Current Ratio

0.41

Debt/Equity

1.09

Debt/Cashflow

0.67

Investor Care

Dividend Yield

0.07%

Dividend/Share (TTM)

0.02

Buy Backs (1Y)

6.99%

Diluted EPS (TTM)

4.99

Peers (Alternatives to Range Resources)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
78.3B
22.2B
-5.69% 69.73%
13.73
3.53
70.19% 203.78%
66.9B
36.8B
-9.43% 129.08%
6.09
1.96
69.86% 4049.24%
61.4B
24.8B
-9.68% 36.50%
8.62
2.47
81.49% 409.80%
49.8B
19.7B
-6.90% 67.82%
9.45
2.71
83.28% 424.48%
26.7B
9.6B
-10.80% 42.92%
6.94
2.93
73.79% 893.42%
14.4B
10.9B
-6.70% 81.62%
4.67
1.31
73.36% 286.92%
12.8B
14.1B
-3.56% 59.69%
5.25
0.97
63.46% 733.33%
MID-CAP
7.8B
3.1B
-12.86% 69.15%
6.63
2.55
105.26% 318.63%
7.1B
5.4B
-9.99% 36.47%
5.66
1.32
97.87% 385.71%
4.4B
2.3B
-33.88% 7.97%
4.99
1.94
101.44% 11.78%
4.2B
2.6B
-19.42% 95.39%
12.34
1.58
131.99% 194.19%
2.8B
2.3B
-11.73% 69.10%
15
1.38
104.75% 360.71%
2.7B
2.9B
-14.81% -16.36%
3.22
0.93
111.76% 166.14%
SMALL-CAP
1.4B
6.1B
-9.86% 54.58%
13.64
0.23
72.58% 132.13%
1.1B
1.9B
-16.17% 1.25%
2.05
0.56
114.30% 186.49%

Financials for Range Resources

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue12.8%5,4104,7974,0163,5802,734
  S&GA Expenses1.9%178175170168
Net Income134.7%1,261537-72.18412-441.19
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets4.6%6,9206,6156,5606,6616,304
  Current Assets28.8%862669576737412
    Cash Equivalents44041.6%15701132140
  Net PPE-9.2%33333
Liabilities2.6%4,7564,6384,9604,5755,123
  Current Liabilities3.0%2,0902,0282,3371,1521,646
  Long Term Debt-0.1%2,3602,3622,5792,9262,948
    LT Debt, Current-0.7%528532749218218
    LT Debt, Non Current0.1%1,8321,8301,8302,7082,730
Shareholder's Equity9.4%2,1631,9771,6002,0861,181
  Retained Earnings9.8%-3,257.52-3,611.09-4,063.94-3,607.05-4,498.42
  Additional Paid-In Capital0.7%5,7495,7085,7205,707-
Accumulated Depreciation-0.4%7272727171
Shares Outstanding-0.8%243245243--
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations26.5%1,5701,2411,090793565
Cashflow From Investing-8.4%-463.65-427.71-410.49-417.88-422.30
Cashflow From Financing-16.8%-949.43-813.03-567.14-161.10-142.73
  Dividend Payments-0
* denotes actual numbers (not divided by Millions)

Risks

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

80.8%


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

53.9%


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.

Returns

Cumulative Returns on RRC

-8.7%


10-Year Cumulative Returns

0.1%


7-Year Cumulative Returns

9.3%


5-Year Cumulative Returns

87.4%


3-Year Cumulative Returns

What are the long-term rolling returns for RRC?

FIve years rolling returns for Range Resources.

Which funds bought or sold RRC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
474,000
474,000
0.49%
2022-11-23
Eagle Bay Advisors LLC
ADDED
8.74
10,915
99,000
0.06%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,074,000
1,074,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
98,000
8,439,000
0.01%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
224,000
224,000
-%
2022-11-21
FourThought Financial, LLC
NEW
-
69,000
69,000
0.01%
2022-11-18
CastleArk Alternatives, LLC
REDUCED
-59.47
-230,000
162,000
1.39%
2022-11-17
M&T Bank Corp
-
-
131,000
382,000
-%
2022-11-17
CENTRAL TRUST Co
NEW
-
169,000
169,000
0.01%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
REDUCED
-6.88
-41,000
777,000
-%

1–10 of 40

Latest Funds Activity

Are funds buying RRC calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own RRC

Range Resources News

Yahoo Lifestyle UK

While shareholders of Range Resources (NYSE:RRC) are in the black over 3 years, those who bought a week ago aren't so fortunate.18 hours ago

RRC Fair Value

Recent SEC filings of Range Resources

View All Filings
Date Filed Form Type Document
Nov 09, 2022
SC 13G/A
Major Ownership Report
Oct 25, 2022
8-K
Current Report
Oct 24, 2022
10-Q
Quarterly Report
Oct 14, 2022
8-K
Current Report
Aug 29, 2022
4
Insider Trading

Latest Insider Trading transactions for RRC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-08-26
Ginn Dori
SOLD
-173,255
34.651
-5,000
SVP, Principal Accting Officer
2022-08-12
FUNK JAMES M
GIFTED
-176,962
33.81
-5,234
-
2022-08-02
Spiller Reginal
SOLD
-50,306.4
31.4415
-1,600
-
2022-06-01
Scucchi Mark
SOLD
-
-
-30,271
SVP & CFO
2022-06-01
Ginn Dori
ACQUIRED
-
-
10,703
SVP, Principal Accting Officer
2022-06-01
Ginn Dori
SOLD
-
-
-10,703
SVP, Principal Accting Officer
2022-06-01
Poole David P
ACQUIRED
-
-
27,902
SVP & General Counsel
2022-06-01
Poole David P
SOLD
-
-
-27,902
SVP & General Counsel
2022-06-01
Maxwell Greg G
SOLD
-
-
-18,552
-
2022-06-01
Scucchi Mark
ACQUIRED
-
-
30,271
SVP & CFO

1–10 of 50

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.

RRC Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues and other income:    
Total Revenues from Contracts with Customers$ 1,568,253$ 954,859$ 4,153,111$ 2,323,175
Derivative fair value loss(457,708)(652,220)(1,636,687)(959,782)
Total revenues and other income1,110,545302,6392,516,4241,363,393
Costs and expenses:    
Production and ad valorem taxes8,4287,14022,48620,179
Brokered natural gas and marketing127,285105,838330,517247,177
Exploration7,4985,88119,70316,447
Abandonment and impairment of unproved properties3,1862,00012,3197,206
General and administrative41,19749,061127,716127,307
Exit and termination costs11,06511,78958,2499,557
Deferred compensation plan5,79534,27859,91789,551
Interest38,73656,809127,912170,974
Loss on early extinguishment of debt0069,23298
Depletion, depreciation and amortization90,47193,116262,573272,128
Gain on the sale of assets(135)(78)(548)(724)
Total costs and expenses677,835682,5892,100,4171,871,237
Income (loss) before income taxes432,710(379,950)416,007(507,844)
Income tax expense (benefit):    
Current6,9814,48420,7327,221
Deferred52,642(34,167)26,141(35,477)
Total (benefit) expense for income taxes59,623(29,683)46,873(28,256)
Net income (loss)$ 373,087$ (350,267)$ 369,134$ (479,588)
Net income (loss) per common share:    
Basic$ 1.52$ (1.44)$ 1.48$ (1.98)
Diluted1.49(1.44)1.45(1.98)
Dividends declared per share$ 0.08$ 0$ 0.08$ 0
Weighted average common shares outstanding:    
Basic239,768243,311242,850242,692
Diluted245,023243,311248,360242,692
Natural Gas, NGLs and Oil Sales    
Revenues and other income:    
Total Revenues from Contracts with Customers$ 1,435,152$ 849,305$ 3,824,395$ 2,074,507
Brokered Natural Gas, Marketing and Other    
Revenues and other income:    
Total Revenues from Contracts with Customers133,101105,554328,716248,668
Direct Operating    
Costs and expenses:    
Costs and expenses21,29020,24561,62857,653
Transportation, Gathering, Processing and Compression    
Costs and expenses:    
Costs and expenses$ 323,019$ 296,510$ 948,713$ 853,684

RRC Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Dec. 31, 2020
Current assets:   
Cash and cash equivalents$ 157,144$ 214,422 
Accounts receivable, less allowance for doubtful accounts of $564 and $568634,333471,775 
Contingent consideration receivable029,500 
Derivative assets37,3505,738 
Other current assets33,53915,230 
Total current assets862,366736,665 
Derivative assets13,42238,601 
Natural gas properties, successful efforts method[1]10,548,05410,175,570 
Accumulated depletion and depreciation[1](4,676,454)(4,420,914) 
Natural gas and oil properties, successful efforts method, net[1]5,871,6005,754,656 
Other property and equipment74,51374,678 
Accumulated depreciation and amortization(71,781)(71,184) 
Other Property and equipment, net2,7323,494 
Operating lease right-of-use assets96,56740,832 
Other assets73,08986,259 
Total assets6,919,7766,660,507 
Current liabilities:   
Accounts payable220,818178,413 
Asset retirement obligations5,3105,310 
Accrued liabilities563,004420,898 
Accrued interest31,23175,940 
Derivative liabilities652,585162,767 
Divestiture contract obligation88,57091,120 
Current maturities of long-term debt528,149218,017 
Total current liabilities2,089,6671,152,465 
Bank debt00 
Senior notes1,831,6752,707,770 
Deferred tax liabilities143,814117,642 
Derivative liabilities155,9958,216 
Deferred compensation liabilities85,750137,102 
Operating lease liabilities37,45824,861 
Asset retirement obligations and other liabilities99,268101,509 
Divestiture contract obligation312,665325,279 
Total liabilities4,756,2924,574,844 
Commitments and contingencies
Stockholders’ Equity   
Preferred stock, $1 par, 10,000,000 shares authorized, none issued and outstanding00 
Common stock, $0.01 par, 475,000,000 shares authorized, 262,886,690 issued at September 30, 2022 and 259,795,554 issued at December 31, 20212,6292,598 
Common stock held in treasury, 20,603,035 shares at Seotember 30, 2022 and 10,002,646 shares at December 31, 2021(338,851)(30,007) 
Additional paid-in capital5,757,1945,720,277 
Accumulated other comprehensive income (loss)37(150) 
Retained deficit(3,257,525)(3,607,055) 
Total stockholders’ equity2,163,4842,085,663$ 1,637,535
Total liabilities and stockholders’ equity$ 6,919,776$ 6,660,507 
[1]

Includes capitalized asset retirement costs and the associated accumulated amortization.