Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties located in the Appalachian region. It sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to petrochemical end users, marketers/traders, and natural gas processors; and oil to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum Inc. and changed its name to Range Resources Corporation in August 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.
Financial Resilience | Range Resources outperforms expectations with strong Q3 results, showcasing robust EBITDA margins and consistent free cash flow generation despite market volatility |
Strategic Agility | Delve into Range's adaptive operational strategy, balancing natural gas and NGL production to capitalize on market trends and maintain operational efficiency |
Market Positioning | Explore Range's competitive edge with its 25-year inventory and premium access to NGL export markets, offering potential for sustained growth and profitability |
Future Prospects | Analyst targets range from $31 to $39, reflecting optimism about Range's growth potential and ability to navigate industry challenges in 2025 and beyond |
Metrics to compare | RRC | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipRRCPeersSector | |
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P/E Ratio | 36.5x | 4.7x | 4.9x | |
PEG Ratio | −0.53 | −0.65 | 0.00 | |
Price/Book | 2.5x | 1.0x | 1.1x | |
Price / LTM Sales | 4.1x | 1.0x | 1.1x | |
Upside (Analyst Target) | 3.3% | 55.7% | 34.3% | |
Fair Value Upside | Unlock | 14.9% | 9.6% | Unlock |