Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
19 June 1980Website:
http://www.rangeresources.comNext earnings report:
24 July 2024Last dividends:
14 June 2024Next dividends:
N/APrice
after hours | Mon, 01 Jul 2024 22:17:59 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
RRC Latest News
FORT WORTH, Texas, May 31, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the second quarter. A dividend of $0.08 per common share is payable on June 28, 2024 to stockholders of record at the close of business on June 14, 2024.
Range Resources (RRC) exceeded expectations in Q1 earnings due to higher gas equivalent production than anticipated. However, lower commodity prices dampened some of the positive results.
FORT WORTH, Texas, April 05, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its first quarter 2024 financial results news release will be issued Tuesday, April 23 after the close of trading on the New York Stock Exchange.
Despite current headwinds, I'm bullish on the future of natural gas due to strong international demand growth, current unusual headwinds, and slowing production growth. Range Resources stands out due to very efficient operations, a healthy balance sheet, an attractive valuation, and the potential for aggressive buybacks. While I believe RRC is at least 60% undervalued, investors need to be aware of its volatile profile and related risks.
Range Resources' (RRC) fourth-quarter earnings gain from higher production and lower total costs and expenses. However, declining realized commodity prices offset the positive.
While the top- and bottom-line numbers for Range Resources (RRC) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Range Resources (RRC) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $1.30 per share a year ago.
FORT WORTH, Texas, Jan. 17, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its fourth quarter 2023 financial results news release will be issued Wednesday, February 21 after the close of trading on the New York Stock Exchange.
Range Resources (RRC) boasts decades of low-risk drilling inventory in Appalachia, brightening its production outlook.
Natural gas prices have fallen by roughly 30% since the end of October due to unfavorable supply and demand dynamics and the El Niño weather pattern. Energy experts believe that natural gas prices in the US are trading at an 80% discount to global energy prices, but this discount is likely to decline in the future. Range Resources is seen as a fantastic natural gas play, as it has deep reserves, low breakeven prices, efficient operations, and the ability to reward shareholders with distributions.
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What type of business is Range Resources?
Range Resources Corporation is an oil and gas company that is engaged in the extraction of oil and gas from shale deposits using hydraulic fracturing technology. This company can primarily be classified as a shale gas company, as shale gas accounts for over 70% of the company's production. The main activities of the company include the extraction of natural shale gas, gas condensate, production of liquefied gas, extraction of shale oil, and conducting geological exploration work. The company was founded in 1976, and its headquarters is located in Fort Worth, Texas.
What sector is Range Resources in?
Range Resources is in the Energy sector
What industry is Range Resources in?
Range Resources is in the Oil & Gas Equipment & Services industry
What country is Range Resources from?
Range Resources is headquartered in United States
When did Range Resources go public?
Range Resources initial public offering (IPO) was on 19 June 1980
What is Range Resources website?
https://www.rangeresources.com
Is Range Resources in the S&P 500?
No, Range Resources is not included in the S&P 500 index
Is Range Resources in the NASDAQ 100?
No, Range Resources is not included in the NASDAQ 100 index
Is Range Resources in the Dow Jones?
No, Range Resources is not included in the Dow Jones index
When does Range Resources report earnings?
The next expected earnings date for Range Resources is 24 July 2024