Range Resources
Market Cap
US$1.9b
Last Updated
2020/11/26 23:46 UTC
Data Sources
Company Financials +
Executive Summary
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential with weak fundamentals.
Similar Companies
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: RRC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: RRC's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
9.8%
RRC
8.6%
US Oil and Gas
2.1%
US Market
1 Year Return
117.9%
RRC
-31.2%
US Oil and Gas
19.8%
US Market
Return vs Industry: RRC exceeded the US Oil and Gas industry which returned -31.1% over the past year.
Return vs Market: RRC exceeded the US Market which returned 19.7% over the past year.
Shareholder returns
| RRC | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.8% | 8.6% | 2.1% |
| 30 Day | -8.0% | 29.6% | 8.1% |
| 90 Day | 1.8% | 8.3% | 6.0% |
| 1 Year | 118.9%117.9% | -26.5%-31.2% | 22.5%19.8% |
| 3 Year | -55.1%-56.0% | -32.8%-42.0% | 46.5%36.8% |
| 5 Year | -71.1%-71.8% | -21.8%-37.3% | 96.9%75.3% |
Long-Term 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
2 weeks ago | Simply Wall St
Should You Take Comfort From Insider Transactions At Range Resources Corporation (NYSE:RRC)?1 month ago | Simply Wall St
If You Had Bought Range Resources (NYSE:RRC) Stock A Year Ago, You Could Pocket A 141% Gain Today2 months ago | Simply Wall St
A Quick Analysis On Range Resources' (NYSE:RRC) CEO SalaryValuation
Is Range Resources undervalued compared to its fair value and its price relative to the market?
1.13x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: RRC ($7.93) is trading above our estimate of fair value ($2.79)
Significantly Below Fair Value: RRC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RRC is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: RRC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RRC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RRC is overvalued based on its PB Ratio (1.1x) compared to the US Oil and Gas industry average (1x).
Next Steps
Future Growth
How is Range Resources forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
57.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RRC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: RRC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RRC's is expected to become profitable in the next 3 years.
Revenue vs Market: RRC's revenue (5.8% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: RRC's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RRC's Return on Equity is forecast to be low in 3 years time (8.6%).
Next Steps
Past Performance
How has Range Resources performed over the past 5 years?
-38.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RRC is currently unprofitable.
Growing Profit Margin: RRC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RRC is unprofitable, and losses have increased over the past 5 years at a rate of 38% per year.
Accelerating Growth: Unable to compare RRC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RRC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-29.6%).
Return on Equity
High ROE: RRC has a negative Return on Equity (-149.59%), as it is currently unprofitable.
Next Steps
Financial Health
How is Range Resources's financial position?
Financial Position Analysis
Short Term Liabilities: RRC's short term assets ($209.1M) do not cover its short term liabilities ($630.1M).
Long Term Liabilities: RRC's short term assets ($209.1M) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: RRC's debt to equity ratio (184%) is considered high.
Reducing Debt: RRC's debt to equity ratio has increased from 115.9% to 184% over the past 5 years.
Balance Sheet
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: RRC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RRC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Range Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RRC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RRC'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 RRC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RRC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RRC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RRC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.8yrs
Average management tenure
CEO
Jeff Ventura (62 yo)
8.83yrs
Tenure
US$8,384,520
Compensation
Mr. Jeffrey L. Ventura, also known as Jeff, has been the Chief Executive Officer of Range Resources Corporation since January 1, 2012 and has been its President since May 2008. He is Chief Executive Office...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD8.38M) is above average for companies of similar size in the US market ($USD4.15M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.83yrs | US$8.38m | 0.24% $ 4.6m | |
| Senior VP & CFO | 2.5yrs | US$3.16m | 0.032% $ 593.8k | |
| Senior VP & COO | 2.58yrs | US$2.24m | 0.0043% $ 80.3k | |
| Senior VP | 12.42yrs | US$2.74m | 0.061% $ 1.1m | |
| Senior Vice President of Reservoir Engineering & Economics | 13.75yrs | US$1.94m | 0.030% $ 569.4k | |
| Senior VP | 11.17yrs | no data | 0.019% $ 355.6k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior Vice President | 3.5yrs | no data | no data | |
| Vice President of Liquids Marketing | no data | no data | no data |
8.8yrs
Average Tenure
60yo
Average Age
Experienced Management: RRC's management team is seasoned and experienced (8.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.83yrs | US$8.38m | 0.24% $ 4.6m | |
| Independent Director | 11.92yrs | US$274.99k | 0.026% $ 491.2k | |
| Independent Director | 1.33yrs | US$211.20k | 0.038% $ 719.2k | |
| Independent Director | 4yrs | US$274.99k | 0.44% $ 8.2m | |
| Independent Director | 2.08yrs | US$274.99k | 0.035% $ 652.7k | |
| Independent Director | 5.33yrs | US$287.60k | 0.038% $ 706.8k | |
| Independent Chairman of the Board | 2.33yrs | US$549.99k | 0.019% $ 347.3k |
4.0yrs
Average Tenure
62yo
Average Age
Experienced Board: RRC's board of directors are considered experienced (4 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Range Resources Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Range Resources Corporation
- Ticker: RRC
- Exchange: NYSE
- Founded: 1976
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$1.871b
- Shares outstanding: 235.98m
- Website: https://www.rangeresources.com
Number of Employees
Location
- Range Resources Corporation
- 100 Throckmorton Street
- Suite 1200
- Fort Worth
- Texas
- 76102
- United States
Listings
| 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 |
Biography
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...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 23:46 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.