RRC - Range Resources Corp Stock Price, Fair Value and News

34.72USD-0.23 (-0.66%)Market Closed

Market Summary

USD34.72-0.23

Market Closed

-0.66%

RRC Stock Price

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RRC RSI Chart

RRC Valuation

Market Cap

8.4B

Price/Earnings (Trailing)

9.65

Price/Sales (Trailing)

3.07

Price/Free Cashflow

8.6

RRC Price/Sales (Trailing)

RRC Profitability

Return on Equity

23.13%

Return on Assets

12.09%

Free Cashflow Yield

11.63%

RRC Fundamentals

RRC Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

-71.77%

Rev. Growth (Qtr)

-18.38%

RRC Earnings

Earnings (TTM)

871.1M

Earnings Growth (Yr)

-61.92%

Earnings Growth (Qtr)

527.22%

Breaking Down RRC Revenue

Last 7 days

-4.4%

Last 30 days

8.0%

Last 90 days

18.3%

Trailing 12 Months

30.5%

How does RRC drawdown profile look like?

RRC Financial Health

Current Ratio

1.49

RRC Investor Care

Dividend Yield

0.92%

Dividend/Share (TTM)

0.32

Shares Dilution (1Y)

0.62%

Diluted EPS (TTM)

3.57

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	5.9B	4.9B	3.9B	2.7B
2022	3.1B	3.9B	4.5B	4.9B
2021	1.9B	2.2B	2.7B	3.6B
2020	2.5B	2.0B	1.8B	1.9B
2019	3.3B	3.5B	3.3B	2.6B
2018	2.6B	2.6B	2.9B	3.3B
2017	1.5B	2.1B	2.2B	2.6B
2016	1.5B	1.3B	1.3B	1.1B
2015	2.4B	2.2B	2.1B	1.6B
2014	2.0B	1.8B	2.0B	2.4B
2013	1.5B	1.8B	1.9B	1.9B
2012	1.3B	1.4B	1.3B	1.5B
2011	855.4M	988.2M	1.2B	1.2B
2010	848.5M	897.9M	936.5M	951.6M
2009	1.0B	833.4M	657.8M	782.0M
2008	0	936.0M	1.0B	1.1B
2007	0	0	0	860.4M

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

Tracking the Latest Insider Buys and Sells of Range Resources Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 22, 2024	kavanaugh ashley	acquired	6,243	33.21	188	vp, principal accting officer
Feb 29, 2024	degner dennis	acquired	3,554,750	31.62	112,421	chief executive officer & pres
Feb 29, 2024	scucchi mark	acquired	3,585,870	31.62	113,405	evp & cfo
Feb 06, 2024	mcdowell erin w	acquired	649,996	28.08	23,148	svp & general counsel
Feb 06, 2024	scucchi mark	acquired	1,040,000	28.08	37,037	evp & cfo
Feb 06, 2024	degner dennis	acquired	1,899,980	28.08	67,663	chief executive officer & pres
Feb 06, 2024	mcdowell erin w	acquired	42,878	28.08	1,527	svp & general counsel
Feb 06, 2024	ginn dori	acquired	37,318	28.08	1,329	svp, principal accting officer
Nov 15, 2023	scucchi mark	gifted	-343,800	34.38	-10,000	evp & cfo
Nov 03, 2023	ginn dori	sold	-930,750	37.23	-25,000	svp, principal accting officer

Which funds bought or sold RRC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 16, 2024	Stratos Wealth Partners, LTD.	new	-	263,334	263,334	-%
Apr 16, 2024	Arlington Trust Co LLC	sold off	-100	-1,370	-	-%
Apr 16, 2024	Financial Management Professionals, Inc.	unchanged	-	-	1,000	-%
Apr 15, 2024	Octavia Wealth Advisors, LLC	unchanged	-	27,360	236,087	0.04%
Apr 15, 2024	Sunbelt Securities, Inc.	unchanged	-	19,950	172,150	0.02%
Apr 15, 2024	Wealth Alliance Advisory Group, LLC	unchanged	-	40,068	345,746	0.08%
Apr 15, 2024	Portman Square Capital LLP	reduced	-71.99	-1,999,210	926,959	0.03%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	reduced	-6.55	12,983	240,735	-%
Apr 12, 2024	Global Trust Asset Management, LLC	unchanged	-	80.00	689	-%
Apr 12, 2024	ANDERSON HOAGLAND & CO	added	4.74	556,765	2,536,270	0.28%

Are Funds Buying or Selling RRC?

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

Unveiling Range Resources Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 10, 2024	vanguard group inc	10.11%	24,490,249	SC 13G/A
Feb 14, 2024	t. rowe price investment management, inc.	6.7%	16,083,197	SC 13G
Feb 13, 2024	vanguard group inc	9.75%	23,531,238	SC 13G/A
Feb 12, 2024	price t rowe associates inc /md/	9.5%	22,877,371	SC 13G
Feb 12, 2024	price t rowe associates inc /md/	10.9%	26,409,755	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 24, 2024	blackrock inc.	9.3%	22,530,640	SC 13G/A
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

Recent SEC filings of Range Resources Corp

View All Filings

Date Filed	Form Type	Document
Apr 12, 2024	ARS	ARS
Apr 11, 2024	8-K	Current Report
Apr 10, 2024	SC 13G/A	Major Ownership Report
Apr 08, 2024	DEFA14A	DEFA14A
Mar 29, 2024	DEF 14A	DEF 14A
Mar 29, 2024	DEFA14A	DEFA14A
Mar 25, 2024	4	Insider Trading
Mar 18, 2024	PRE 14A	PRE 14A
Mar 15, 2024	3	Insider Trading
Mar 15, 2024	8-K	Current Report

Peers (Alternatives to Range Resources Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	470.6B	344.6B	5.62%	1.43%	13.07	1.37	-16.70%	-35.40%
CVX	290.4B	200.9B	0.61%	-8.30%	13.59	1.45	-18.40%	-39.75%
OXY	58.0B	28.9B	4.37%	4.70%	12.35	2.01	-22.04%	-64.70%
MRO	16.0B	6.6B	4.06%	11.84%	10.28	2.41	-17.41%	-56.98%
CHK	11.4B	8.7B	4.43%	7.15%	4.71	1.31	-25.73%	-50.99%
MID-CAP
RRC	8.4B	2.7B	8.03%	30.48%	9.65	3.07	-43.74%	-26.38%
HP	4.0B	2.8B	1.62%	11.10%	9.34	1.43	19.47%	177.97%
CNX	3.6B	3.4B	12.67%	47.89%	2.1	1.05	172.35%	1311.12%
KOS	2.9B	1.7B	5.20%	-18.74%	13.4	1.68	-26.01%	-5.75%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	268.8M	307.6M	12.56%	-6.33%	0.68	0.87	-32.91%	578.62%
AMTX	161.9M	186.7M	31.49%	63.09%	-3.49	0.87	-27.21%	56.92%
BATL	88.0M	220.8M	-6.14%	-27.70%	-28.89	0.4	-38.52%	-116.44%
AE	74.0M	2.7B	20.12%	-26.24%	349.16	0.03	-18.46%	-93.92%
BRN	28.1M	23.9M	18.14%	1.82%	-10.35	1.17	-21.86%	-149.09%

Range Resources Corp News

Latest updates

Range Resources Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-18.4%	466	571	513	1,186	1,652	1,568	1,465	181	1,257	955	684	684	397	424	383	694	348	622	851	810	1,024
Costs and Expenses	1.8%	554	545	592	583	633	678	669	754	657	683	592	596	556	1,085	566	499	2,910	697	696	741	2,906
S&GA Expenses	15.4%	44.00	38.00	40.00	43.00	42.00	41.00	43.00	43.00	41.00	49.00	40.00	38.00	40.00	38.00	38.00	42.00	43.00	41.00	51.00	47.00	50.00
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	-1.7%	30.00	31.00	31.00	32.00	37.00	39.00	42.00	47.00	56.00	57.00	57.00	57.00	49.00	48.00	49.00	48.00	44.00	47.00	52.00	52.00	49.00
Income Taxes	389.9%	77.00	16.00	15.00	122	184	60.00	103	-116	19.00	-29.68	-1.26	3.00	4.00	-36.51	-22.27	29.00	-498	-47.22	40.00	6.00	-68.78
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	527.2%	310	49.00	30.00	481	814	373	453	-456	891	-350	-156	27.00	38.00	-748	-167	166	-1,805	-27.58	115	1.00	-1,764
Net Income Margin	-9.2%	0.32*	0.35*	0.35*	0.36*	0.24*	0.28*	0.14*	-0.02*	0.12*	-0.16*	-0.36*	-0.42*	-	-	-	-	-	-	-	-	-
Free Cashflow	50.5%	226	150	126	475	613	521	325	406	318	192	174	109	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	5.2%	7,204	6,846	6,790	6,882	6,626	6,920	6,615	6,560	6,661	6,304	6,229	6,175	6,137	6,013	6,452	6,590	6,612	8,854	9,728	9,635	9,708
Current Assets	46.0%	870	596	562	694	540	862	669	576	737	412	340	309	290	209	332	467	428	412	459	388	602
Cash Equivalents	30.2%	212	163	162	228	0.00	157	0.00	113	214	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	0.00	1.00	0.00	1.00
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26.00	27.00	25.00	23.00
Net PPE	8.6%	2.00	2.00	2.00	2.00	2.00	3.00	3.00	3.00	3.00	3.00	4.00	4.00	4.00	4.00	4.00	5.00	5.00	6.00	7.00	9.00	10.00
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities	1.2%	3,438	3,398	3,403	3,577	3,750	4,756	4,638	4,960	4,575	5,123	4,706	4,511	4,499	4,419	4,116	4,094	4,265	4,696	5,546	5,572	5,649
Current Liabilities	-9.4%	583	644	652	757	1,021	2,090	2,028	2,337	1,152	1,646	926	695	707	630	530	490	567	557	614	671	755
LT Debt, Current	-	-	-	-	-	-	528	532	749	218	218	-	45.00	45.00	45.00	59.00	-	-	-	-	-	-
Shareholder's Equity	9.2%	3,766	3,448	3,388	3,305	2,876	2,163	1,977	1,600	2,086	1,181	1,523	1,664	1,638	1,594	2,336	2,496	2,347	4,158	4,182	4,063	4,059
Retained Earnings	14.8%	-1,668	-1,959	-1,989	-2,000	-2,462	-3,257	-3,611	-4,063	-3,607	-4,498	-4,148	-3,991	-4,018	-4,057	-3,308	-3,140	-3,306	-1,496	-1,463	-1,574	-1,570
Additional Paid-In Capital	0.6%	5,880	5,843	5,813	5,740	5,765	5,757	5,749	5,708	5,720	5,707	5,699	5,683	5,684	5,679	5,673	5,664	5,660	5,653	5,645	5,635	5,628
Accumulated Depreciation	-3.2%	71.00	73.00	73.00	73.00	72.00	72.00	72.00	72.00	71.00	71.00	77.00	76.00	76.00	75.00	80.00	77.00	97.00	96.00	105	104	102
Shares Outstanding	-1.0%	237	239	239	238	241	243	244	245	243	243	243	242	-	-	-	-	-	-	-	-	-
Float	-	-	-	7,721	-	-	-	5,979	-	-	-	4,229	-	-	-	1,405	-	-	-	1,734	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	50.5%	226,095	150,251	126,590	474,956	612,655	520,969	324,706	406,414	317,659	191,854	174,183	109,252	89,706	-24,294	78,762	124,506	132,412	103,915	184,822	260,694	215,743
Cashflow From Investing	-3.7%	-157,816	-152,230	-153,366	-138,293	-115,148	-146,330	-123,342	-105,012	-88,963	-110,391	-106,125	-112,400	-93,388	173,665	-124,494	-139,865	-158,699	574,090	-163,954	-211,959	111,114
Cashflow From Financing	-806.3%	-19,106	2,705	-38,782	-109,237	-654,444	-217,851	-313,939	-402,893	-14,752	-81,449	-68,043	3,139	3,623	-149,422	45,772	15,341	26,479	-678,158	-20,849	-48,792	-326,669
Dividend Payments	-0.1%	19,292	19,309	19,306	19,334	19,112	19,526	-	-	-	-	-	-	-	-	-	-	4,993	5,028	5,026	5,023	4,990

RRC Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues and other income:
Total Revenues from Contracts with Customers	$ 2,553,264	$ 5,335,309	$ 3,580,439
Derivative fair value income (loss)	821,154	(1,188,506)	(650,216)
Total revenues and other income	3,374,418	4,146,803	2,930,223
Costs and expenses:
Taxes other than income	23,726	35,367	30,648
Brokered natural gas and marketing	202,884	427,048	367,288
Exploration	26,530	26,772	23,555
Abandonment and impairment of unproved properties	46,359	28,608	7,206
General and administrative	164,740	168,085	168,435
Exit costs	99,940	70,337	21,661
Deferred compensation plan	26,593	61,880	68,351
Interest	124,004	165,145	227,336
(Gain) loss on early extinguishment of debt	(438)	69,493	98
Depletion, depreciation and amortization	350,165	353,420	364,555
Gain on the sale of assets	(454)	(409)	(701)
Total costs and expenses	2,274,075	2,732,973	2,528,188
Income before income taxes	1,100,343	1,413,830	402,035
Income tax expense (benefit) :
Current	1,547	14,688	7,984
Deferred	227,654	215,772	(17,727)
Income tax expense (benefit)	229,201	230,460	(9,743)
Net income	$ 871,142	$ 1,183,370	$ 411,778
Net income per common share:
Basic	$ 3.61	$ 4.79	$ 1.65
Diluted	$ 3.57	$ 4.69	$ 1.61
Weighted average common shares outstanding:
Basic	236,986	240,858	242,862
Diluted	239,837	246,379	249,314
Natural Gas, NGLs and Oil Sales
Revenues and other income:
Total Revenues from Contracts with Customers	$ 2,334,661	$ 4,911,092	$ 3,215,027
Brokered Natural Gas, Marketing and Other
Revenues and other income:
Total Revenues from Contracts with Customers	218,603	424,217	365,412
Direct Operating
Costs and expenses:
Costs and expenses	96,085	84,286	75,287
Transportation, Gathering, Processing and Compression
Costs and expenses:
Costs and expenses	$ 1,113,941	$ 1,242,941	$ 1,174,469

RRC Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Current assets:

Cash and cash equivalents

$ 211,974

$ 207

Accounts receivable, less allowance for doubtful accounts of $308 and $314

274,669

481,050

Contingent consideration receivable

8,000

24,500

Derivative assets

341,330

925

Prepaid assets

18,159

20,795

Other current assets

15,992

12,110

Total current assets

870,124

539,587

Derivative assets

101,641

40,990

Natural gas and oil properties, successful efforts method

^[1]

11,225,482

10,655,879

Accumulated depletion and depreciation

^[1]

(5,107,801)

(4,765,475)

Natural gas and oil properties, successful efforts method, net

^[1]

6,117,681

5,890,404

Other property and equipment

72,639

74,638

Accumulated depreciation and amortization

(70,943)

(72,204)

Other property and equipment, net

1,696

2,434

Operating lease right-of-use assets

23,821

84,070

Other assets

88,922

68,077

Total assets

7,203,885

6,625,562

Current liabilities:

Accounts payable

110,134

206,738

Asset retirement obligations

2,395

4,570

Accrued liabilities

302,163

442,922

Deferred compensation liabilities

44,149

89,334

Accrued interest

37,261

39,138

Derivative liabilities

222

151,417

Divestiture contract obligation

86,762

86,546

Total current liabilities

583,086

1,020,665

Bank debt

9,509

Senior notes

1,774,229

1,832,451

Deferred tax liabilities

561,288

333,571

Derivative liabilities

107

15,495

Deferred compensation liabilities

72,976

99,907

Operating lease liabilities

16,064

20,903

Asset retirement obligations and other liabilities

119,896

112,981

Divestiture contract obligation

310,688

304,074

Total liabilities

3,438,334

3,749,556

Commitments and contingencies

Stockholders' Equity

Preferred stock, $1 par 10,000,000 shares authorized, none issued and outstanding

Common stock, $0.01 par 475,000,000 shares authorized, 265,756,369 issued at December 31, 2023 and 262,887,265 issued at December 31, 2022

2,658

2,629

Common stock held in treasury, at cost, 24,716,065 shares at December 31, 2023 and 24,001,535 shares at December 31, 2022

(448,681)

(429,659)

Additional paid-in capital

5,879,705

5,764,970

Accumulated other comprehensive gain

647

467

Retained deficit

(1,668,778)

(2,462,401)

Total stockholders' equity

3,765,551

2,876,006

Total liabilities and stockholders' equity

$ 7,203,885

$ 6,625,562

[1]	Includes capitalized asset retirement costs and the associated accumulated amortization.

About Range Resources Corp

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. 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. The company was founded in 1976 and is headquartered in Fort Worth, Texas.

CEO	Mr. Dennis L. Degner
WEBSITE	rangeresources.com
INDUSTRY	Oil - E&P
EMPLOYEES	544

Range Resources Corp Frequently Asked Questions

What is the ticker symbol for Range Resources Corp? What does RRC stand for in stocks?

RRC is the stock ticker symbol of Range Resources Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Range Resources Corp (RRC)?

As of Wed Apr 17 2024, market cap of Range Resources Corp is 8.41 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RRC stock?

You can check RRC's fair value in chart for subscribers.

What is the fair value of RRC stock?

You can check RRC's fair value in chart for subscribers. The fair value of Range Resources Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Range Resources Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RRC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Range Resources Corp a good stock to buy?

The fair value guage provides a quick view whether RRC is over valued or under valued. Whether Range Resources Corp is cheap or expensive depends on the assumptions which impact Range Resources Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RRC.

What is Range Resources Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, RRC's PE ratio (Price to Earnings) is 9.65 and Price to Sales (PS) ratio is 3.07. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RRC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Range Resources Corp's stock?

In the past 10 years, Range Resources Corp has provided -0.094 (multiply by 100 for percentage) rate of return.