NYSE:RRCOil and Gas
Range Resources (RRC): Margins Hold Near 20% as Growth Slows, Challenging Bullish Narratives
Range Resources (RRC) posted revenue growth forecasts of 11.6% annually, outpacing the broader US market's 10.2% estimate. EPS is expected to rise by 13.6% per year, which is a bit slower than the national average of 15.6%. Over the last five years, the company turned profitable with earnings increasing at a 42.1% annual rate, though the latest year saw a more moderate 20.1% gain. Shares are currently trading at $34.99, well below an estimated fair value of $77.56. Profit margins remain...