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.
Navigating Challenges | Delve into Range Resources' strategies for managing commodity price fluctuations and execution risks while pursuing ambitious expansion in a shifting energy landscape |
Market Valuation | Analysts set price targets ranging from $31 to $43, reflecting varied perspectives on Range Resources' growth potential and operational efficiency |
Financial Resilience | Explore how Range Resources maintains robust performance with a 42% EBITDA margin and strong free cash flow generation despite market volatility |
Gas Giant's Ambitions | Range Resources targets 20% growth by 2027, leveraging its best-in-class inventory duration and strategic positioning in premium NGL export markets |
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 | 36.3x | 4.5x | 5.0x | |
PEG Ratio | −0.52 | −0.62 | 0.00 | |
Price / Book | 2.4x | 0.9x | 1.1x | |
Price / LTM Sales | 4.1x | 1.0x | 1.1x | |
Upside (Analyst Target) | 2.8% | 57.1% | 35.7% | |
Fair Value Upside | Unlock | 17.2% | 9.2% | Unlock |