Range Resources (RRC) Stock

FORT WORTH, Texas, Jan. 27, 2025 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) has announced that it will release its financial results for the fourth quarter of 2024 on Tuesday, February 25, after the New York Stock Exchange closes for the day.

Range Resources (RRC) stock has begun to rise and may keep increasing soon, based on positive changes in earnings forecasts.

Range Resources (RRC) stock has begun to rise and may keep increasing soon, based on positive changes in earnings forecasts.

Range Resources (RRC) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

RRC is expected to benefit from an increase in natural gas prices due to higher LNG demand and low stock levels. The company is in a good position for growth, thanks to supportive energy policies and effective production methods in the Appalachia area. Although RRC usually trades at a higher price compared to its competitors, this is justified by its better cost structure, and its current valuation premium is lower than normal.

Is Range Resources (RRC) a strong choice for momentum investors? Let's take a closer look.

RRC has many years of low-risk drilling options in Appalachia, which enhances its production forecast. Nevertheless, the stock is vulnerable to fluctuations in gas prices.

Range Resources is still a preferred choice because of its large low-cost reserves, strong ability to set prices, and focus on returning value to shareholders. The better conditions for natural gas and the tight balance between supply and demand suggest there is a lot of potential for growth, especially if prices remain high. Even with market fluctuations, RRC could see its stock price rise significantly, possibly hitting $200 in the next 10 to 15 years if conditions are right.

FORT WORTH, Texas, Nov. 29, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) has announced that its Board of Directors has approved a quarterly cash dividend for the fourth quarter. Shareholders will receive a dividend of $0.08 for each common share, which will be paid on December 27, 2024, to those on record as of the end of business on December 13, 2024.