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 Outlook | Analyst projections paint a promising picture, with EPS estimates ranging from $3.40 to $4.95 and price targets between $39.00 and $44.00, reflecting cautious optimism |
Market Dynamics | Delve into the complex interplay of natural gas fundamentals, LPG trade relations, and their potential impact on Range Resources' future performance and stock valuation |
Growth Amid Uncertainty | Explore Range's strategic approach to achieving 20% growth by 2027, balancing operational efficiency with market volatility and geopolitical trade concerns |
Operational Excellence | Range Resources showcases robust financial performance with impressive revenue growth and strong profitability metrics, setting the stage for ambitious expansion plans |
Metrics to compare | RRC | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipRRCPeersSector | |
|---|---|---|---|---|
P/E Ratio | 15.7x | 46.6x | 5.9x | |
PEG Ratio | 0.79 | −0.53 | 0.00 | |
Price / Book | 2.1x | 1.1x | 1.1x | |
Price / LTM Sales | 3.1x | 1.3x | 1.3x | |
Upside (Analyst Target) | 7.0% | 23.3% | 12.4% | |
Fair Value Upside | Unlock | 13.1% | 6.2% | Unlock |