Range Stock Today

RRC -  USA Stock  

USD 23.45  0.53  2.21%

Range Resources is trading at 23.45 as of the 17th of October 2021, a -2.21 percent down since the beginning of the trading day. The stock's open price was 23.98. Range Resources has about a 41 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Range Resources Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of August 2021 and ending today, the 17th of October 2021. Click here to learn more.
 Market Performance
16 of 100
  Odds Of Distress
Less than 41
Range Resources Corporation operates as an independent natural gas, natural gas liquids , and oil company in the United States. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas. Range Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. The company has 249.59 M outstanding shares of which 32.48 M shares are at this time shorted by investors with about 5.87 days to cover. More on Range Resources Corp

Range Resources Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Range Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Range Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Range Resources Corp appears to be risky and price may revert if volatility continues
The company has 3.14 B in debt with debt to equity (D/E) ratio of 1.89, which is OK given its current industry classification. Range Resources Corp has a current ratio of 0.43, suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
The entity reported the last year's revenue of 2 B. Reported Net Loss for the year was (849.37 M) with profit before taxes, overhead, and interest of 394.71 M.
Over 93.0% of Range Resources shares are owned by institutional investors
Latest headline from MacroaxisInsider: Range Resources exotic insider transaction detected
Legal NameRange Resources Corp
CEOJeffrey Ventura  (View All)
Average Analyst Recommendation
Analysts covering Range Resources report their recommendations after researching Range Resources' financial statements, talking to executives and customers, or listening in on Range Resources' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Range Resources Corp. The Range consensus assessment is calculated by taking the average forecast from all of the analysts covering Range Resources.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Range Resources Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Range Resources Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 5 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares208.8 M241.4 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted208.9 M241.4 M
Fairly Down
Increasing
Slightly volatile
Net Cash Flow from Operations275.8 M268.7 M
Fairly Up
Decreasing
Stable
Total Assets6.5 B6.1 B
Notably Up
Increasing
Stable
Total Liabilities4.3 B4.5 B
Sufficiently Down
Increasing
Slightly volatile
Current Assets313.1 M289.8 M
Significantly Up
Increasing
Stable
Current Liabilities620.3 M706.8 M
Fairly Down
Increasing
Slightly volatile
Total Debt3.7 B3.4 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets(11.46)(11.1657)
Fairly Down
Decreasing
Slightly volatile
Gross Margin29.9829.2131
Fairly Up
Decreasing
Slightly volatile
Asset Turnover0.270.308
Fairly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Range Resources' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
Financial Strength
Range Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Range Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Range Resources' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Range Resources' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
BB+ ( Average Bond Rating ) Somewhat Erratic
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Range Resources' financial leverage. It provides some insight into what part of Range Resources' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Range Resources' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Range Resources deploys its capital and how much of that capital is borrowed.
Liquidity
Range Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.14 B in debt with debt to equity (D/E) ratio of 1.89, which is OK given its current industry classification. Range Resources Corp has a current ratio of 0.43, suggesting that it has not enough short term capital to pay financial commitments when the payables are due.

Operating Cash Flow

275.75 MillionShare
Range Resources Corp (RRC) is traded on New York Stock Exchange in USA and employs 533 people. The company currently falls under 'Mid-Cap' category with total capitalization of 5.99 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Range Resources's market, we take the total number of its shares issued and multiply it by Range Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Range Resources Corp runs under Energy sector within Oil & Gas E&P industry. The entity has 249.59 M outstanding shares of which 32.48 M shares are at this time shorted by investors with about 5.87 days to cover. Range Resources Corp has about 449 K in cash with 253.43 M of positive cash flow from operations.
Check Range Resources Probability Of Bankruptcy
Ownership
Range Resources owns a total of two hundred fourty-nine million five hundred ninety thousand outstanding shares. The majority of Range Resources Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Range Resources Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Range Resources. Please pay attention to any change in the institutional holdings of Range Resources Corp as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Range Ownership Details

Range Stock Price Odds Analysis

What are Range Resources' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Range Resources jumping above the current price in 90 days from now is nearly 4.66%. The Range Resources Corp probability density function shows the probability of Range Resources stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.8817 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Range Resources will likely underperform. Additionally, the company has an alpha of 0.675, implying that it can generate a 0.68 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 23.45HorizonTargetOdds Up 23.45 
95.31%90 days
 23.45 
4.66%
Based on a normal probability distribution, the odds of Range Resources to move above the current price in 90 days from now is nearly 4.66 (This Range Resources Corp probability density function shows the probability of Range Stock to fall within a particular range of prices over 90 days) .

Range Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Range Resources that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Range Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Range Resources' value.
InstituionSecurity TypeTotal SharesValue
State Of Alaska Department Of RevenueCommon Shares189.6 K4.3 M
Louisiana State Employees Retirement SystemCommon Shares125.2 K2.8 M
View Range Resources Diagnostics

Range Resources Historical Income Statement

Range Resources Corp Income Statement is one of the three primary financial statements used for reporting Range's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Range Resources Corp revenue and expense. Range Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Range Resources Cost of Revenue is projected to increase significantly based on the last few years of reporting. The past year's Cost of Revenue was at 770.95 Million. The current year Gross Profit is expected to grow to about 224.8 M, whereas Direct Expenses is forecasted to decline to about 1.1 B. View More Fundamentals

Range Stock Against Markets

Picking the right benchmark for Range Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Range Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Range Resources is critical whether you are bullish or bearish towards Range Resources Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Range Resources without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Range Resources Corporate Directors

Range Resources corporate directors refer to members of a Range Resources board of directors. The board of directors generally takes responsibility for the Range Resources' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Range Resources' board members must vote for the resolution. The Range Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Richard Eales - Lead Independent DirectorProfile
Jonathan Linker - Independent DirectorProfile
Robert Innamorati - DirectorProfile
Steven Gray - Independent DirectorProfile
Additionally, take a look at Your Equity Center. Note that the Range Resources Corp information on this page should be used as a complementary analysis to other Range Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Range Resources Corp price analysis, check to measure Range Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Range Resources is operating at the current time. Most of Range Resources' value examination focuses on studying past and present price action to predict the probability of Range Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Range Resources' price. Additionally, you may evaluate how the addition of Range Resources to your portfolios can decrease your overall portfolio volatility.
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The market value of Range Resources Corp is measured differently than its book value, which is the value of Range that is recorded on the company's balance sheet. Investors also form their own opinion of Range Resources' value that differs from its market value or its book value, called intrinsic value, which is Range Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Range Resources' market value can be influenced by many factors that don't directly affect Range Resources Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Range Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Range Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Range Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.