Range Resources Corp

Company Profile

Range Resources Corp had its IPO on 1992-12-28 under the ticker symbol RRC.

The company operates in the Energy sector and Oil & Gas E&P industry. Range Resources Corp has a staff strength of 544 employees.

Stock update

Shares of Range Resources Corp opened at $32.31 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $32.31 - $33.07, and closed at $33.

This is a +3.38% increase from the previous day's closing price.

A total volume of 1,837,988 shares were traded at the close of the day’s session.

In the last one week, shares of Range Resources Corp have slipped by -1.08%.

Range Resources Corp's Key Ratios

Range Resources Corp has a market cap of $7.70 billion, indicating a price to book ratio of 2.9541 and a price to sales ratio of 1.4823.

In the last 12-months Range Resources Corp’s revenue was $4.08 billion with a gross profit of $3.58 billion and an EBITDA of $2.71 billion. The EBITDA ratio measures Range Resources Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Range Resources Corp’s operating margin was 56.33% while its return on assets stood at 21.44% with a return of equity of 63.34%.

In Q2, Range Resources Corp’s quarterly earnings growth was a negative -93.1% while revenue growth was a negative 65%.

Range Resources Corp’s PE and PEG Ratio

Forward PE

5.0787

Trailing PE

4.6599

PEG

1.4657

Its diluted EPS in the last 12-months stands at $6.85 per share while it has a forward price to earnings multiple of 5.0787 and a PEG multiple of 1.4657. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Range Resources Corp’s profitability.

Range Resources Corp stock is trading at a EV to sales ratio of 1.5953 and a EV to EBITDA ratio of 4.6277. Its price to sales ratio in the trailing 12-months stood at 1.4823.

Range Resources Corp stock pays annual dividends of $0.32 per share, indicating a yield of 0.98% and a payout ratio of 8.08%.

Balance sheet and cash flow metrics

Total Assets

$6.79 billion

Total Liabilities

$652.04 million

Operating Cash Flow

$-153366000.00

Capital Expenditure

$158.45 million

Dividend Payout Ratio

8.08%

Range Resources Corp ended 2024 with $6.79 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.79 billion while shareholder equity stood at $3.39 billion.

Range Resources Corp ended 2024 with $533.42 million in deferred long-term liabilities, $652.04 million in other current liabilities, 2657000.00 in common stock, $-1989641000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $162.08 million and cash and short-term investments were $162.08 million. The company’s total short-term debt was $0 while long-term debt stood at $1.77 billion.

Range Resources Corp’s total current assets stands at $561.57 million while long-term investments were $80.42 million and short-term investments were $0. Its net receivables were $187.76 million compared to accounts payable of $139.35 million and inventory worth $176.25 million.

In 2024, Range Resources Corp's operating cash flow was $-153366000.00 while its capital expenditure stood at $158.45 million.

Comparatively, Range Resources Corp paid $0.08 in dividends in 2024.

Other key metrics

Current Trading Price

$33

52-Week High

$34.54

52-Week Low

$22.4696

Analyst Target Price

$34.54

Range Resources Corp stock is currently trading at $33 per share. It touched a 52-week high of $34.54 and a 52-week low of $34.54. Analysts tracking the stock have a 12-month average target price of $34.54.

Its 50-day moving average was $31.21 and 200-day moving average was $27.41 The short ratio stood at 5.5 indicating a short percent outstanding of 0%.

Around 287.8% of the company’s stock are held by insiders while 9123.3% are held by institutions.