Range Resources
About: Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2024, Range Resources' proven reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.18 billion cubic feet equivalent per day. Natural gas accounted for 68% of production.
Employees: 548
0
Funds holding %
of 7,302 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
207% more call options, than puts
Call options by funds: $146M | Put options by funds: $47.6M
151% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 45
44% more funds holding in top 10
Funds holding in top 10: 9 [Q4 2024] → 13 (+4) [Q1 2025]
14% more funds holding
Funds holding: 429 [Q4 2024] → 488 (+59) [Q1 2025]
5% more capital invested
Capital invested by funds: $8.54B [Q4 2024] → $9.01B (+$469M) [Q1 2025]
8% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 145
4.97% less ownership
Funds ownership: 98.5% [Q4 2024] → 93.53% (-4.97%) [Q1 2025]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$36
15%
downside
Avg. target
$44
3%
upside
High target
$55
29%
upside
10 analyst ratings
4 positive
40%
6 neutral
60%
0 negative
0%
B of A Securities Doug Leggate | 10%upside $47 | Buy Maintained | 23 May 2025 |
Piper Sandler Mark Lear | 6%downside $40 | Neutral Maintained | 13 May 2025 |
Mizuho Nitin Kumar | 8%upside $46 | Outperform Maintained | 13 May 2025 |
UBS Josh Silverstein | 13%downside $37 | Neutral Maintained | 24 Apr 2025 |
Barclays Betty Jiang | 8%downside $39 | Equal-Weight Maintained | 23 Apr 2025 |
Financial journalist opinion
Based on 5 articles about RRC published over the past 30 days
Positive
Seeking Alpha
3 days ago
I'm Not Kidding - These 2 Beaten Stocks Could Double
I believe all investors share the goal of growing wealth while managing risk carefully. Chasing outsized returns can backfire, so balancing risk and reward is essential for long-term success. The market has historically returned around 9-12% annually. To boost potential returns, I explore two cyclical, undervalued stocks with strong upside, focusing on total return rather than dividends. Both companies face short-term challenges but offer compelling long-term prospects tied to favorable industry trends. Their current valuations and market dynamics suggest significant upside if cyclical conditions improve.
Positive
Seeking Alpha
1 week ago
Range Resources: A Low-Cost LNG Lever On The Tightening U.S. Gas Market
RRC operates efficiently with a disciplined, low-cost drilling model focused on Marcellus Shale, avoiding overexpansion and maintaining consistent costs. The company boasts industry-leading breakeven gas prices (sub-$2.50/MMBtu) and low lease operating expenses, ensuring resilience and strong free cash flow. Global demand for natural gas and NGL is rising, especially in Europe and Asia, while supply is tightening due to underinvestment and regulatory hurdles.
Positive
Zacks Investment Research
1 week ago
Here's Why You Should Hold On to Range Resources Stock Right Now
RRC is set to benefit from rising natural gas prices, low-cost drilling and a strong balance sheet despite price volatility.
Neutral
GlobeNewsWire
2 weeks ago
Range Declares Quarterly Dividend
FORT WORTH, Texas, May 30, 2025 (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 $0.09 per common share is payable on June 27, 2025 to stockholders of record at the close of business on June 13, 2025.
Positive
Zacks Investment Research
4 weeks ago
Range Resources (RRC) Up 15.5% Since Last Earnings Report: Can It Continue?
Range Resources (RRC) reported earnings 30 days ago. What's next for the stock?
Positive
Seeking Alpha
1 month ago
Oil Be Rich: My Favorite Energy Dividend Stocks Are A Steal Right Now
Energy stocks are volatile, influenced by factors like commodity prices, geopolitical events, and supply changes. However, despite short-term challenges, I remain optimistic for long-term growth in the sector. Current OPEC moves and geopolitical risks have caused short-term price volatility. Still, I believe energy's long-term potential, driven by supply gaps and demand growth, remains intact. I highlight my top natural gas and oil picks, each with strong reserves, low breakeven costs, and a commitment to shareholder returns.
Negative
Seeking Alpha
1 month ago
Range Resources: Mr. Market Can Be Picky At Times
Range Resources initiated a dividend despite high debt. That decision involved some financial risk. The company's future valuation hinges on maintaining low debt levels to avoid negative market perceptions, especially given its recent debt history. Natural gas prices are recovering, with a strong first-quarter performance due to an unusually cold La Nina winter.
Positive
Seeking Alpha
1 month ago
Range Resources: Longer-Term Outlook Remains Positive Despite Slump In Natural Gas Prices
Range Resources is now expected to generate $535 million in 2025 free cash flow. The natural gas strip for 2025 has gone down by around 15% since I looked at Range in February. Range still has plenty of free cash flow (after dividends) to put towards share repurchases and debt reduction, though.
Positive
Zacks Investment Research
1 month ago
Range Resources Q1 Earnings Beat on Higher Price Realizations
RRC Q1 earnings gain on increased natural gas price realizations and higher production volumes.
Neutral
Seeking Alpha
1 month ago
Range Resources Corporation (RRC) Q1 2025 Earnings Call Transcript
Range Resources Corporation (NYSE:RRC ) Q1 2025 Earnings Conference Call April 23, 2025 9:00 AM ET Company Participants Laith Sando - SVP, IR Dennis Degner - CEO Mark Scucchi - CFO Conference Call Participants Jake Roberts - TPH&Co. Doug Leggate - Wolfe Research Roger Read - Wells Fargo Securities Kevin MacCurdy - Pickering Energy Partners Kalei Akamine - Bank of America Michael Scialla - Stephens John Annis - Texas Capital Paul Diamond - Citi Neil Mehta - Goldman Sachs David Deckelbaum - TD Cowen Operator Welcome to Range Resources First Quarter 2025 Financial Results Conference Call. All lines have been placed on mute to prevent any background noise.
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