Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States.
Moderate growth potential and overvalued.
Share Price & News
How has Range Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RAX's share price has been volatile over the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: RAX underperformed the German Oil and Gas industry which returned 39% over the past year.
Return vs Market: RAX exceeded the German Market which returned 3% over the past year.
Price Volatility Vs. Market
How volatile is Range Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Range Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: RAX (€5.66) is trading above our estimate of fair value (€0.79)
Significantly Below Fair Value: RAX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RAX is unprofitable, so we can't compare its PE Ratio to the XE Oil and Gas industry average.
PE vs Market: RAX is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RAX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RAX is good value based on its PB Ratio (0.6x) compared to the DE Oil and Gas industry average (1.3x).
How is Range Resources forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RAX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: RAX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RAX's is expected to become profitable in the next 3 years.
Revenue vs Market: RAX's revenue is expected to decline over the next 3 years (-0.7% per year).
High Growth Revenue: RAX's revenue is forecast to decline over the next 3 years (-0.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RAX is forecast to be unprofitable in 3 years.
How has Range Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RAX is currently unprofitable.
Growing Profit Margin: RAX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RAX is unprofitable, and losses have increased over the past 5 years at a rate of -42.3% per year.
Accelerating Growth: Unable to compare RAX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RAX is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16.2%).
Return on Equity
High ROE: RAX has a negative Return on Equity (-63.56%), as it is currently unprofitable.
How is Range Resources's financial position?
Financial Position Analysis
Short Term Liabilities: RAX's short term assets ($467.1M) do not cover its short term liabilities ($490.1M).
Long Term Liabilities: RAX's short term assets ($467.1M) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: RAX's debt to equity ratio (127.7%) is considered high.
Reducing Debt: RAX's debt to equity ratio has increased from 93.7% to 127.7% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RAX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RAX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Range Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RAX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RAX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RAX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RAX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RAX is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RAX's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Ventura (62yo)
Mr. Jeffrey L. Ventura, also known as Jeff, has been the Chief Executive Officer of Range Resources Corporation since January 1, 2012 and has been its President since May 2008. Mr. Ventura served as an Exe ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD8.38M) is above average for companies of similar size in the German market ($USD1.48M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||2.17yrs||US$3.16m||0.032% $431.6k|
|Senior VP & COO||2.25yrs||US$2.24m||0.0043% $58.3k|
|Senior VP||12.08yrs||US$2.74m||0.061% $824.8k|
|Senior Vice President of Reservoir Engineering & Economics||13.42yrs||US$1.94m||0.031% $413.8k|
|Senior VP||10.83yrs||no data||0.015% $198.2k|
|Vice President of Investor Relations||no data||no data||no data|
|Senior Vice President||3.17yrs||no data||no data|
|Vice President of Liquids Marketing||no data||no data||no data|
Experienced Management: RAX's management team is seasoned and experienced (8.5 years average tenure).
|Independent Director||11.58yrs||US$274.99k||0.026% $356.9k|
|Independent Director||1yr||US$211.20k||0.039% $522.6k|
|Independent Director||3.67yrs||US$274.99k||0.44% $6.0m|
|Independent Director||1.75yrs||US$274.99k||0.035% $474.4k|
|Independent Director||5yrs||US$287.60k||0.038% $513.6k|
|Independent Chairman of the Board||2yrs||US$549.99k||0.019% $252.4k|
Experienced Board: RAX's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Range Resources Corporation's company bio, employee growth, exchange listings and data sources
- Name: Range Resources Corporation
- Ticker: RAX
- Exchange: DB
- Founded: 1976
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$1.526b
- Listing Market Cap: US$1.348b
- Shares outstanding: 233.97m
- Website: https://www.rangeresources.com
Number of Employees
- Range Resources Corporation
- 100 Throckmorton Street
- Suite 1200
- Fort Worth
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RRC||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jun 1980|
|RAX||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 1980|
|0KTW||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jun 1980|
|RRCO *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jun 1980|
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and North Louisiana regions of the United States. As of December 31, 2019, the company owned and operated 1,272 net producing wells and approximately 833,000 net acres under lease in the Appalachian region; and 409 net producing wells and approximately 105,000 net acres under lease in the North Louisiana region. It markets and sells natural gas, and NGLs to utilities, marketing and midstream companies, and industrial users; petrochemical end users, NGL distributors, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/10 21:20|
|End of Day Share Price||2020/07/10 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.