NYSE:RRCOil and Gas
Assessing Range Resources After a 450% Five Year Surge in Share Price
Wondering if Range Resources is still a smart buy after its massive multi year run, or if most of the upside is already priced in? In this article, we break down what the market is really paying for.
The stock has cooled off recently, down 6.0% over the last week and 4.1% over the past month, but it is still up 3.4% year to date, 4.4% over 1 year, 42.9% over 3 years, and an eye catching 450.2% over 5 years.
Those moves sit against a backdrop of ongoing shifts in US natural gas demand,...