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RRC

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

35.78USD-0.16 (-0.45%)Market Closed

Market Summary

RRC
USD35.78-0.16
Market Closed
-0.45%

RRC Alerts

  • 1 major insider buys and 5 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

RRC Stock Price

View Fullscreen

RRC RSI Chart

RRC Valuation

Market Cap

8.7B

Price/Earnings (Trailing)

18.02

Price/Sales (Trailing)

3.95

EV/EBITDA

6.38

Price/Free Cashflow

10.4

RRC Price/Sales (Trailing)

RRC Profitability

EBT Margin

36.51%

Return on Equity

12.59%

Return on Assets

6.54%

Free Cashflow Yield

9.62%

RRC Fundamentals

RRC Revenue

Revenue (TTM)

2.2B

Rev. Growth (Yr)

-45.6%

Rev. Growth (Qtr)

38.4%

RRC Earnings

Earnings (TTM)

481.8M

Earnings Growth (Yr)

-80.86%

Earnings Growth (Qtr)

-70.28%

Breaking Down RRC Revenue

Last 7 days

-5.3%

Last 30 days

-5.3%

Last 90 days

14.8%

Trailing 12 Months

21.7%

How does RRC drawdown profile look like?

RRC Financial Health

Current Ratio

1.35

RRC Investor Care

Dividend Yield

0.89%

Dividend/Share (TTM)

0.32

Shares Dilution (1Y)

0.56%

Diluted EPS (TTM)

2

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.2B000
20235.9B4.9B3.9B2.7B
20223.1B3.9B4.5B4.9B
20211.9B2.2B2.7B3.6B
20202.5B2.0B1.8B1.9B
20193.3B3.5B3.3B2.6B
20182.6B2.6B2.9B3.3B
20171.5B2.1B2.2B2.6B
20161.5B1.3B1.3B1.1B
20152.4B2.2B2.1B1.6B
20142.0B1.8B2.0B2.4B
20131.5B1.8B1.9B1.9B
20121.3B1.4B1.3B1.5B
2011855.4M988.2M1.2B1.2B
2010848.5M897.9M936.5M951.6M
20091.0B833.4M657.8M782.0M
20080936.0M1.0B1.1B
2007000860.4M
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Tracking the Latest Insider Buys and Sells of Range Resources Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 03, 2024
mcdowell erin w
acquired
-
-
18,028
svp & general counsel
Jun 03, 2024
scucchi mark
sold
-
-
-49,569
evp & cfo
Jun 03, 2024
degner dennis
acquired
-
-
103,873
chief executive officer & pres
Jun 03, 2024
funk james m
sold
-
-
-4,782
-
Jun 03, 2024
mcdowell erin w
sold
-
-
-18,028
svp & general counsel
Jun 03, 2024
scucchi mark
acquired
-
-
49,569
evp & cfo
Jun 03, 2024
maxwell greg g
sold
-
-
-11,072
-
Jun 03, 2024
degner dennis
sold
-
-
-103,873
chief executive officer & pres

1–10 of 50

Which funds bought or sold RRC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 21, 2024
DELPHI MANAGEMENT INC /MA/
sold off
-100
-1,268,000
-
-%
May 20, 2024
Highlander Capital Management, LLC
unchanged
-
1,995
17,215
0.01%
May 17, 2024
Plato Investment Management Ltd
unchanged
-
2,119
18,282
-%
May 16, 2024
B. Riley Wealth Advisors, Inc.
sold off
-100
-681,679
-
-%
May 16, 2024
HANCOCK WHITNEY CORP
new
-
231,507
231,507
0.01%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.12
565,282
8,292,290
0.01%
May 16, 2024
COMERICA BANK
reduced
-2.18
497,025
5,166,160
0.02%
May 16, 2024
Tidal Investments LLC
reduced
-53.54
-457,806
507,051
0.01%
May 16, 2024
JANE STREET GROUP, LLC
added
95.83
3,255,470
5,934,800
-%
May 15, 2024
Voya Investment Management LLC
reduced
-54.16
-1,314,800
1,415,450
-%

1–10 of 36

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
May 21, 2024
4
Insider Trading
May 20, 2024
4
Insider Trading
May 20, 2024
4
Insider Trading
May 20, 2024
4
Insider Trading
May 20, 2024
4
Insider Trading
May 20, 2024
4
Insider Trading
May 16, 2024
S-3ASR
S-3ASR
May 14, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading

Peers (Alternatives to Range Resources Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
447.3B
341.1B
-6.29% 7.35%
13.64
1.31
-16.75% -46.83%
291.3B
198.9B
-3.58% 2.04%
14.35
1.46
-18.05% -43.28%
54.9B
27.7B
-7.98% 5.36%
12.71
1.99
-22.75% -55.41%
14.4B
6.6B
-7.16% 9.56%
10.05
2.18
-15.57% -47.38%
11.8B
6.4B
-1.07% 13.63%
11.13
1.83
-54.63% -85.10%
MID-CAP
8.7B
2.2B
-5.27% 21.74%
18.02
3.95
-62.59% -77.29%
3.8B
2.5B
2.52% 56.49%
3.74
1.5
-6.59% -31.79%
3.7B
2.7B
-12.40% 13.29%
10.4
1.34
2.93% 8.77%
2.7B
1.7B
-2.52% -7.20%
12.33
1.58
-15.13% -28.06%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
244.4M
304.0M
-15.83% -13.71%
7.99
0.8
-28.78% -93.34%
161.2M
257.2M
-7.40% -14.18%
-3.64
0.63
7.59% 61.82%
96.3M
205.5M
14.48% -5.65%
-1.69
0.47
-40.02% -142.55%
69.4M
2.8B
-9.87% -23.62%
40.52
0.03
-15.01% 137.22%
27.7M
24.4M
1.85% 4.15%
-8.52
1.13
-16.16% -245.04%

Range Resources Corp News

Latest updates
Defense World6 hours ago
Defense World21 May 202408:14 am
Investing.com20 May 202408:54 pm
Investing.com20 May 202408:54 pm
Seeking Alpha09 May 202407:00 am

Range Resources Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue38.4%6454665715131,1861,6521,5681,4651811,257955684684397424383694348622851810
Costs and Expenses-3.5%5355545455925836336786697546576835925965561,0855664992,910697696741
  S&GA Expenses-0.1%44.0044.0038.0040.0043.0042.0041.0043.0043.0041.0049.0040.0038.0040.0038.0038.0042.0043.0041.0051.0047.00
EBITDA Margin24.5%0.58*0.47*0.33*0.26*0.22*0.27*0.30*0.35*0.45*0.39*0.51*0.63*---------
Interest Expenses1.3%30.0030.0031.0031.0032.0037.0039.0042.0047.0056.0057.0057.0057.0049.0048.0049.0048.0044.0047.0052.0052.00
Income Taxes-76.3%18.0077.0016.0015.0012218460.00103-11619.00-29.68-1.263.004.00-36.51-22.2729.00-498-47.2240.006.00
EBT Margin24.6%0.37*0.29*0.20*0.16*0.14*0.16*0.18*0.21*0.26*0.22*0.29*0.37*---------
Net Income-70.3%92.0031049.0030.00481814373453-456891-350-15627.0038.00-748-167166-1,805-27.581151.00
Net Income Margin-31.1%0.22*0.32*0.35*0.35*0.36*0.24*0.28*0.14*-0.02*0.12*-0.16*-0.38*---------
Free Cashflow46.8%332226150126475613521325406318192174---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.3%7,3727,2046,8466,7906,8826,6266,9206,6156,5606,6616,3046,2296,1756,1376,0136,4526,5906,6128,8549,7289,635
  Current Assets-1.0%862870596562694540862669576737412340309290209332467428412459388
    Cash Equivalents61.9%3432121631622280.001570.001132140.000.000.000.001.001.001.001.000.001.000.00
  Inventory-------------------26.0027.0025.00
  Net PPE39.3%2.002.002.002.002.002.003.003.003.003.003.004.004.004.004.004.005.005.006.007.009.00
Liabilities3.1%3,5453,4383,3983,4033,5773,7504,7564,6384,9604,5755,1234,7064,5114,4994,4194,1164,0944,2654,6965,5465,572
  Current Liabilities9.5%6385836446527571,0212,0902,0282,3371,1521,646926695707630530490567557614671
    LT Debt, Current-------528532749218218-45.0045.0045.0059.00-----
Shareholder's Equity1.6%3,8273,7663,4483,3883,3052,8762,1631,9771,6002,0861,1811,5231,6641,6381,5942,3362,4962,3474,1584,1824,063
  Retained Earnings4.3%-1,596-1,668-1,959-1,989-2,000-2,462-3,257-3,611-4,063-3,607-4,498-4,148-3,991-4,018-4,057-3,308-3,140-3,306-1,496-1,463-1,574
  Additional Paid-In Capital-0.2%5,8695,8805,8435,8135,7405,7655,7575,7495,7085,7205,7075,6995,6835,6845,6795,6735,6645,6605,6535,6455,635
Accumulated Depreciation0.5%71.0071.0073.0073.0073.0072.0072.0072.0072.0071.0071.0077.0076.0076.0075.0080.0077.0097.0096.00105104
Shares Outstanding1.5%241237241238238241243244245243243243---------
Float----7,721---5,979---4,229---1,405---1,734-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations46.8%331,930226,095150,251126,590474,956612,655520,969324,706406,414317,659191,854174,183109,25289,706-24,29478,762124,506132,412103,915184,822260,694
Cashflow From Investing2.5%-153,889-157,816-152,230-153,366-138,293-115,148-146,330-123,342-105,012-88,963-110,391-106,125-112,400-93,388173,665-124,494-139,865-158,699574,090-163,954-211,959
Cashflow From Financing-145.5%-46,904-19,1062,705-38,782-109,237-654,444-217,851-313,939-402,893-14,752-81,449-68,0433,1393,623-149,42245,77215,34126,479-678,158-20,849-48,792
  Dividend Payments0.6%19,40719,29219,30919,30619,33419,11219,526----------4,9935,0285,0265,023
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RRC Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues and other income:  
Total Revenues from Contracts with Customers$ 598,771$ 818,393
Derivative fair value income46,598367,967
Total revenues and other income645,3691,186,360
Costs and expenses:  
Taxes other than income5,3687,894
Brokered natural gas and marketing31,60367,068
Exploration4,5264,604
Abandonment and impairment of unproved properties2,3717,510
General and administrative43,94143,146
Exit costs10,31512,323
Deferred compensation plan6,4059,396
Interest30,47632,202
Gain on early extinguishment of debt(64)0
Depletion, depreciation and amortization87,13786,562
Gain on the sale of assets(87)(138)
Total costs and expenses535,027583,034
Income before income taxes110,342603,326
Income tax expense:  
Current1,5822,699
Deferred16,622119,180
Income tax expense (benefit)18,204121,879
Net income$ 92,138$ 481,447
Net income per common share:  
Basic$ 0.38$ 1.98
Diluted0.381.95
Dividends declared per share$ 0.08$ 0.08
Weighted average common shares outstanding:  
Basic240,505238,019
Diluted242,406240,882
Natural Gas, NGLs and Oil Sales  
Revenues and other income:  
Total Revenues from Contracts with Customers$ 567,001$ 736,282
Brokered Natural Gas, Marketing and Other  
Revenues and other income:  
Total Revenues from Contracts with Customers31,77082,111
Direct Operating  
Costs and expenses:  
Costs and expenses22,16126,984
Transportation, Gathering, Processing and Compression  
Costs and expenses:  
Costs and expenses$ 290,875$ 285,483

RRC Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 343,111$ 211,974
Accounts receivable, less allowance for doubtful accounts of $308 in 2024 and 2023167,215274,669
Contingent consideration receivable8,0008,000
Derivative assets299,987341,330
Prepaid assets23,35518,159
Other current assets19,97215,992
Total current assets861,640870,124
Derivative assets78,093101,641
Natural gas properties, successful efforts method[1]11,393,38811,225,482
Accumulated depletion and depreciation[1](5,193,291)(5,107,801)
Natural gas and oil properties, successful efforts method, net[1]6,200,0976,117,681
Other property and equipment73,64272,639
Accumulated depreciation and amortization(71,279)(70,943)
Other Property and equipment, net2,3631,696
Operating lease right-of-use assets148,22523,821
Other assets81,38388,922
Total assets7,371,8017,203,885
Current liabilities:  
Accounts payable150,500110,134
Asset retirement obligations2,3952,395
Accrued liabilities250,430290,579
Deferred compensation liabilities34,54444,149
Accrued interest27,18737,261
Derivative liabilities10,744222
Operating lease liabilities81,04411,584
Divestiture contract obligation81,43286,762
Total current liabilities638,276583,086
Senior notes1,755,7131,774,229
Deferred tax liabilities577,906561,288
Derivative liabilities470107
Deferred compensation liabilities80,94372,976
Operating lease liabilities70,85216,064
Asset retirement obligations and other liabilities122,463119,896
Divestiture contract obligation298,411310,688
Total liabilities3,545,0343,438,334
Commitments and contingencies
Stockholders’ Equity  
Preferred stock, $1 par, 10,000,000 shares authorized, none issued and outstanding00
Common stock, $0.01 par, 475,000,000 shares authorized, 267,310,053 issued at March 31, 2024 and 265,756,369 issued at December 31, 20232,6732,658
Common stock held in treasury, at cost, 24,716,065 shares at March 31, 2024 and 24,716,065 shares at December 31, 2023(448,681)(448,681)
Additional paid-in capital5,868,6175,879,705
Accumulated other comprehensive income632647
Retained deficit(1,596,474)(1,668,778)
Total stockholders' equity3,826,7673,765,551
Total liabilities and stockholders’ equity$ 7,371,801$ 7,203,885
[1]Includes capitalized asset retirement costs and the associated accumulated amortization.
RRC
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
 WEBSITErangeresources.com
 INDUSTRYOil - E&P
 EMPLOYEES544

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 Fri May 24 2024, market cap of Range Resources Corp is 8.68 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 Fri May 24 2024, RRC's PE ratio (Price to Earnings) is 18.02 and Price to Sales (PS) ratio is 3.95. 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 -0.089 (multiply by 100 for percentage) rate of return.