Range Resources Corp Stock Today
| RRC Stock | USD 34.72 0.23 0.66% |
Performance13 of 100
| Odds Of DistressLess than 1
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Range Resources is trading at 34.72 as of the 17th of April 2024, a -0.66 percent decrease since the beginning of the trading day. The stock's open price was 34.95. Range Resources has a very small chance of experiencing financial distress in the next few years and had a good 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 March 2024 and ending today, the 17th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 28th of December 1992 |
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 242.59 M outstanding shares of which 14.84 M shares are at this time shorted by investors with about 6.3 days to cover. More on Range Resources Corp
Moving together with Range Stock
| 0.99 | AR | Antero Resources Corp Earnings Call This Week | PairCorr |
| 0.95 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
| 0.92 | SD | SandRidge Energy | PairCorr |
| 0.95 | SM | SM Energy Earnings Call Next Week | PairCorr |
| 0.82 | DMLP | Dorchester Minerals | PairCorr |
| 0.91 | VIST | Vista Oil Gas Earnings Call This Week | PairCorr |
Moving against Range Stock
| 0.65 | EP | Empire Petroleum Corp | PairCorr |
| 0.59 | VIVK | Vivakor Report 23rd of May 2024 | PairCorr |
Range 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. 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.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Range Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Range Resources' managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Jeffrey Ventura | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Rockridge Capital Corp. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, NYSE Composite, Bucharest BET-NG, Dow Jones Oil, SP Midcap 400, ARCA Natural Gas, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Range Resources' liquidity, profitability, solvency, and operating efficiency, Range Resources Corp is performing exceptionally good at this time. It has a great risk to report excellent financial results in May. Financial strength of Range Resources Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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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. 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.
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Range Resources Corp (RRC) is traded on New York Stock Exchange in USA. It is located in 100 Throckmorton Street, Fort Worth, TX, United States, 76102 and employs 548 people. Range Resources is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.48 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 those looking for more risk prefer small-cap and mid-cap equities. Range Resources Corp runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 242.59 M outstanding shares of which 14.84 M shares are at this time shorted by investors with about 6.3 days to cover.
Range Resources Corp has about 207 K in cash with 977.89 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67.
Check Range Resources Probability Of Bankruptcy
Ownership AllocationRange Resources Corp has a total of 242.59 Million 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 is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Range Ownership Details
Range Stock Price Odds Analysis
What are Range Resources' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Range Resources jumping above the current price in 90 days from now is about 10.87%. 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 Range Resources has a beta of 0.8494 indicating as returns on the market go up, Range Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Range Resources Corp will be expected to be much smaller as well. Additionally, range Resources Corp has an alpha of 0.1978, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Range Resources to move above the current price in 90 days from now is about 10.87 (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.| Instituion | Recorded On | Shares | |
| D. E. Shaw & Co Lp | 2023-09-30 | 3.9 M | |
| Geode Capital Management, Llc | 2023-12-31 | 3.7 M | |
| Kopernik Global Investors, Llc | 2023-12-31 | 3.1 M | |
| Fuller & Thaler Asset Management Inc | 2023-12-31 | 2.9 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 2.9 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 2.8 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.7 M | |
| Pacer Advisors, Inc. | 2023-12-31 | 2.4 M | |
| Northern Trust Corp | 2023-12-31 | 1.9 M | |
| Fmr Inc | 2023-12-31 | 35.4 M | |
| Vanguard Group Inc | 2023-12-31 | 23.5 M |
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.
At present, Range Resources' Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 1.2 B, whereas Depreciation And Amortization is forecasted to decline to about 343.9 M. View More FundamentalsRange 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. Please also check how Range Resources' historical prices are related to one of the top price index indicators.
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 the 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.Did you try this?
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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 Director | Profile | |
| Jonathan Linker | Independent Director | Profile | |
| Robert Innamorati | Director | Profile | |
| Steven Gray | Independent Director | Profile |
How to buy Range Stock?
Before investing in Range Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Range Resources. To buy Range Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Range Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Range Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Range Resources Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Range Resources Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Range Resources Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Range Stock please use our How to Invest in Range Resources guide.
Already Invested in Range Resources Corp?
The danger of trading Range Resources Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Range Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Range Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Range Resources Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Range Resources Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Range Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Range Resources Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Range Resources Corp Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Range Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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When running Range Resources' 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 the 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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Is Range Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Range Resources. If investors know Range will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Range Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 0.32 | Earnings Share 3.57 | Revenue Per Share 10.774 | Quarterly Revenue Growth (0.45) |
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' underlying business (such as a 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 if Range Resources is a good investment 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.