Range Resources Corporation

NYSE:RRC Stock Report

Market Cap: US$7.9b

Range Resources Valuation

Is RRC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of RRC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RRC ($33.03) is trading below our estimate of fair value ($60.49)

Significantly Below Fair Value: RRC is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for RRC?

Other financial metrics that can be useful for relative valuation.

RRC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.1x
Enterprise Value/EBITDA8.4x
PEG Ratio0.8x

Price to Earnings Ratio vs Peers

How does RRC's PE Ratio compare to its peers?

The above table shows the PE ratio for RRC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55.4x
AR Antero Resources
202.1x57.1%US$8.9b
CNX CNX Resources
10x-2.6%US$5.6b
APA APA
3.6x-12.1%US$8.1b
SM SM Energy
6x5.4%US$5.0b
RRC Range Resources
16.7x20.8%US$7.9b

Price-To-Earnings vs Peers: RRC is good value based on its Price-To-Earnings Ratio (16.7x) compared to the peer average (55.4x).


Price to Earnings Ratio vs Industry

How does RRC's PE Ratio compare vs other companies in the US Oil and Gas Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.0%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a8.0%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: RRC is expensive based on its Price-To-Earnings Ratio (16.7x) compared to the US Oil and Gas industry average (11x).


Price to Earnings Ratio vs Fair Ratio

What is RRC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RRC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.7x
Fair PE Ratio14.9x

Price-To-Earnings vs Fair Ratio: RRC is expensive based on its Price-To-Earnings Ratio (16.7x) compared to the estimated Fair Price-To-Earnings Ratio (14.9x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst RRC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$33.03
US$33.79
+2.3%
14.9%US$45.00US$22.13n/a25
Nov ’25US$29.82
US$33.79
+13.3%
14.9%US$45.00US$22.13n/a25
Oct ’25US$30.88
US$34.26
+10.9%
17.0%US$45.00US$21.00n/a24
Sep ’25US$29.88
US$36.01
+20.5%
17.9%US$48.00US$21.00n/a24
Aug ’25US$31.04
US$37.53
+20.9%
15.1%US$48.00US$21.00n/a24
Jul ’25US$33.42
US$37.82
+13.2%
14.3%US$48.00US$22.00n/a24
Jun ’25US$36.91
US$37.95
+2.8%
14.4%US$48.00US$22.00n/a25
May ’25US$34.55
US$37.44
+8.4%
13.8%US$48.00US$22.00n/a27
Apr ’25US$34.81
US$33.84
-2.8%
15.2%US$44.00US$22.00n/a25
Mar ’25US$32.14
US$33.81
+5.2%
14.7%US$43.00US$22.00n/a26
Feb ’25US$29.00
US$34.04
+17.4%
15.3%US$43.00US$22.00n/a26
Jan ’25US$30.44
US$35.89
+17.9%
18.8%US$49.00US$21.00n/a27
Dec ’24US$32.73
US$36.89
+12.7%
17.7%US$49.00US$21.00n/a27
Nov ’24US$36.69
US$36.70
+0.04%
18.0%US$49.00US$21.00US$29.8227
Oct ’24US$32.41
US$35.08
+8.2%
19.3%US$49.00US$20.00US$30.8825
Sep ’24US$33.36
US$34.40
+3.1%
18.7%US$49.00US$20.00US$29.8825
Aug ’24US$31.48
US$33.24
+5.6%
19.4%US$48.00US$20.00US$31.0425
Jul ’24US$29.40
US$31.80
+8.2%
19.5%US$48.00US$20.00US$33.4225
Jun ’24US$27.09
US$31.80
+17.4%
19.6%US$48.00US$20.00US$36.9125
May ’24US$26.11
US$31.54
+20.8%
20.4%US$50.00US$20.00US$34.5526
Apr ’24US$26.47
US$31.70
+19.7%
20.2%US$45.00US$20.00US$34.8123
Mar ’24US$26.92
US$31.70
+17.7%
20.6%US$48.00US$20.00US$32.1423
Feb ’24US$24.33
US$32.75
+34.6%
22.5%US$53.00US$18.00US$29.0024
Jan ’24US$25.02
US$36.75
+46.9%
21.5%US$56.00US$25.00US$30.4424
Dec ’23US$27.99
US$37.50
+34.0%
19.3%US$56.00US$25.00US$32.7324
Nov ’23US$28.24
US$37.46
+32.6%
18.1%US$52.00US$25.00US$36.6924

Analyst Forecast: Target price is less than 20% higher than the current share price.


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