Growth Catalysts | The company maintains expansion plans through 2027, focusing on gas-driven power demand and optimistic long-term Natural Gas Liquids macro trends despite near-term challenges |
Capital Discipline | Discover how Range Resources' aggressive share buyback program exceeds expectations, demonstrating management confidence while returning capital to shareholders |
Analyst Perspectives | Average price target stands at $41, with analysts shifting to neutral stances amid deteriorating natural gas fundamentals and oversupply concerns |
Market Headwinds | Range Resources confronts natural gas oversupply and weakening commodity prices, prompting analyst downgrades and price target reductions to $38 |
Metrics to compare | RRC | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipRRCPeersSector | |
|---|---|---|---|---|
P/E Ratio | 9.8x | 17.5x | 5.0x | |
PEG Ratio | 0.04 | −0.13 | 0.00 | |
Price / Book | 1.9x | 1.9x | 1.1x | |
Price / LTM Sales | 2.8x | 2.7x | 1.4x | |
Upside (Analyst Target) | 23.1% | 30.7% | 35.8% | |
Fair Value Upside | Unlock | 21.8% | 9.8% | Unlock |
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, NGLs, 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, refiners, 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 July 1992. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.