range resources corp. - RRC

RRC

Close Chg Chg %
35.56 0.16 0.45%

Closed Market

35.72

+0.16 (0.45%)

Volume: 1.86M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: range resources corp. - RRC

RRC Key Data

Open

$35.14

Day Range

34.99 - 35.94

52 Week Range

27.29 - 39.33

Market Cap

$8.58B

Shares Outstanding

241.31M

Public Float

238.13M

Beta

1.81

Rev. Per Employee

N/A

P/E Ratio

18.07

EPS

$1.99

Yield

89.96%

Dividend

$0.08

EX-DIVIDEND DATE

Sep 13, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

2.42M

 

RRC Performance

1 Week
 
6.82%
 
1 Month
 
14.01%
 
3 Months
 
16.88%
 
1 Year
 
6.75%
 
5 Years
 
830.21%
 

RRC Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 29
Full Ratings ➔

About range resources corp. - RRC

Range Resources Corp. engages in the exploration, development, and acquisition of natural gas and oil properties in the Appalachian and Midcontinent regions. The company was founded in 1976 and is headquartered in Fort Worth, TX.

RRC At a Glance

Range Resources Corp.
100 Throckmorton Street
Fort Worth, Texas 76102-2842
Phone 1-817-870-2601 Revenue 2.55B
Industry Oil & Gas Production Net Income 856.17M
Sector Energy Minerals Employees 548
Fiscal Year-end 12 / 2024
View SEC Filings

RRC Valuation

P/E Current 18.066
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 8.525
Price to Sales Ratio 2.859
Price to Book Ratio 1.949
Price to Cash Flow Ratio 7.466
Enterprise Value to EBITDA 9.997
Enterprise Value to Sales 3.482
Total Debt to Enterprise Value 0.203

RRC Efficiency

Revenue/Employee 4,659,240.876
Income Per Employee 1,562,355.839
Receivables Turnover 9.033
Total Asset Turnover 0.34

RRC Liquidity

Current Ratio 1.492
Quick Ratio 1.492
Cash Ratio 0.364

RRC Profitability

Gross Margin 27.164
Operating Margin 19.302
Pretax Margin 43.096
Net Margin 33.532
Return on Assets 11.414
Return on Equity 25.782
Return on Total Capital 15.378
Return on Invested Capital 16.633

RRC Capital Structure

Total Debt to Total Equity 47.852
Total Debt to Total Capital 32.365
Total Debt to Total Assets 23.262
Long-Term Debt to Equity 47.544
Long-Term Debt to Total Capital 32.157
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Range Resources Corp. - RRC

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
1.78B 3.58B 5.34B 2.55B
Sales Growth
-31.53% +101.04% +49.01% -52.14%
Cost of Goods Sold (COGS) incl D&A
1.84B 2.04B 2.20B 1.86B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
414.55M 371.76M 382.03M 396.52M
Depreciation
414.55M 371.76M 382.03M 396.52M
Amortization of Intangibles
- - - -
-
COGS Growth
-48.23% +10.97% +7.68% -15.41%
Gross Income
(58.91M) 1.54B 3.14B 693.57M
Gross Income Growth
+93.82% +2,711.97% +103.86% -77.89%
Gross Profit Margin
-3.31% +42.98% +58.79% +27.16%
2020 2021 2022 2023 5-year trend
SG&A Expense
178.26M 232.23M 215.76M 199.13M
Research & Development
- - - -
-
Other SG&A
178.26M 232.23M 215.76M 199.13M
SGA Growth
+2.37% +30.28% -7.09% -7.71%
Other Operating Expense
713.00K 951.00K 1.10M 1.60M
Unusual Expense
740.91M 157.85M 152.38M (475.94M)
EBIT after Unusual Expense
(978.79M) 1.15B 2.77B 968.78M
Non Operating Income/Expense
434.13M (518.36M) (1.19B) 255.57M
Non-Operating Interest Income
713.00K 951.00K 1.10M 1.60M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
192.67M 227.34M 165.15M 124.00M
Interest Expense Growth
-0.83% +17.99% -27.36% -24.91%
Gross Interest Expense
192.67M 227.34M 165.15M 124.00M
Interest Capitalized
- - - -
-
Pretax Income
(737.33M) 402.04M 1.41B 1.10B
Pretax Income Growth
+66.74% +154.53% +251.67% -22.17%
Pretax Margin
-41.40% +11.23% +26.50% +43.10%
Income Tax
(25.55M) (9.74M) 230.46M 229.20M
Income Tax - Current - Domestic
(523.00K) 7.98M 14.69M 1.55M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(25.03M) (17.73M) 215.77M 227.65M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- (10.79M) (28.58M) (14.97M)
Consolidated Net Income
(711.78M) 400.98M 1.15B 856.17M
Minority Interest Expense
- - - -
-
Net Income
(711.78M) 400.98M 1.15B 856.17M
Net Income Growth
+58.53% +156.34% +187.99% -25.86%
Net Margin Growth
-39.97% +11.20% +21.64% +33.53%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(711.78M) 400.98M 1.15B 856.17M
Preferred Dividends
- - - -
-
Net Income Available to Common
(711.78M) 400.98M 1.15B 856.17M
EPS (Basic)
-2.9489 1.6511 4.7945 3.6128
EPS (Basic) Growth
+57.40% +155.99% +190.38% -24.65%
Basic Shares Outstanding
241.37M 242.86M 240.86M 236.99M
EPS (Diluted)
-2.9489 1.6094 4.6896 3.5705
EPS (Diluted) Growth
+57.40% +154.58% +191.39% -23.86%
Diluted Shares Outstanding
241.37M 249.31M 246.38M 239.84M
EBITDA
176.67M 1.68B 3.30B 889.37M
EBITDA Growth
-73.05% +849.41% +96.86% -73.07%
EBITDA Margin
+9.92% +46.85% +61.89% +34.83%

Snapshot

Average Recommendation HOLD Average Target Price 35.125
Number of Ratings 29 Current Quarters Estimate 0.567
FY Report Date 12 / 2024 Current Year's Estimate 2.173
Last Quarter’s Earnings 0.48 Median PE on CY Estimate N/A
Year Ago Earnings 2.40 Next Fiscal Year Estimate 2.963
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 25 24 24 25
Mean Estimate 0.57 0.80 2.17 2.96
High Estimates 0.80 1.12 2.68 4.07
Low Estimate 0.35 0.54 1.85 2.34
Coefficient of Variance 19.03 18.71 7.76 18.00

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 6 5
OVERWEIGHT 2 2 2
HOLD 18 17 16
UNDERWEIGHT 1 2 1
SELL 3 3 4
MEAN Hold Hold Hold

Insider Actions for Range Resources Corp. - RRC

Date Name Shares Transaction Value
May 22, 2024 Reginal W. Spiller Director 15,253 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38.68 per share 589,986.04
May 21, 2024 James M. Funk Director 72,758 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $36.91 per share 2,685,497.78
May 21, 2024 Erin W. Mcdowell SVP & General Counsel 40,175 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $36.91 per share 1,482,859.25
May 21, 2024 Dennis L. Degner Chief Executive Officer & Pres 624,250 Other acquisition or disposition 0.00
May 21, 2024 Dennis L. Degner Chief Executive Officer & Pres 94,281 Other acquisition or disposition 0.00
May 21, 2024 Dennis L. Degner Chief Executive Officer & Pres 198,154 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.78 per share 7,486,258.12
May 21, 2024 Mark S. Scucchi EVP & CFO 690,094 Other acquisition or disposition 0.00
May 21, 2024 Mark S. Scucchi EVP & CFO 640,525 Bona fide gift Non-derivative transaction at $36.94 per share 23,660,993.50
May 21, 2024 Mark S. Scucchi EVP & CFO 45,144 Other acquisition or disposition 0.00
May 21, 2024 Mark S. Scucchi EVP & CFO 94,713 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $36.91 per share 3,495,856.83
May 21, 2024 Erin W. Mcdowell SVP & General Counsel 60,251 Other acquisition or disposition 0.00
May 21, 2024 Erin W. Mcdowell SVP & General Counsel 22,147 Other acquisition or disposition 0.00
May 21, 2024 Gregory Gene Maxwell Director 109,057 Other acquisition or disposition 0.00
May 21, 2024 Gregory Gene Maxwell Director 10,374 Other acquisition or disposition 0.00
May 21, 2024 Gregory Gene Maxwell Director 21,446 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $36.91 per share 791,571.86
May 21, 2024 James M. Funk Director 41,000 Other acquisition or disposition 0.00
May 21, 2024 James M. Funk Director 67,976 Other acquisition or disposition 0.00
May 10, 2024 Steven D. Gray Director 5,410 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $36.97 per share 200,007.70
May 10, 2024 Brenda A. Cline Director 5,410 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $36.97 per share 200,007.70
May 10, 2024 Margaret K. Dorman Director 5,410 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $36.97 per share 200,007.70

Range Resources Corp. in the News