NYSE:RRCOil and Gas
Institutional Focus on Cash Flow and Costs Might Change The Case For Investing In Range Resources (RRC)
In recent months, institutional investors such as Requisite Capital Management and funds advised by Aristotle Capital Boston have highlighted Range Resources’ strong operating cash flow, low-cost Appalachian acreage, and continued share repurchases and dividends, even amid volatile natural gas prices.
These investors also emphasize Range Resources’ deep inventory of low-cost drilling locations and improving drilling efficiencies, which they see as reinforcing the company’s operational...