Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 4/6 |
Past Performance | 0/6 |
Financial Health | 2/6 |
Dividends | 2/6 |
RRC Stock Overview
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States.
Range Resources Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$27.08 |
52 Week High | US$34.61 |
52 Week Low | US$12.37 |
Beta | 2 |
1 Month Change | -16.39% |
3 Month Change | 32.23% |
1 Year Change | 107.67% |
3 Year Change | 209.13% |
5 Year Change | 5.99% |
Change since IPO | 687.70% |
Recent News & Updates
Range Resources: FCFs Will Support Buyback And Deleveraging
Range Resources released its Q1-2022 result. The company reported a net loss due to derivative fair-value loss. Net-debt-to-EBITDAX stands at 1.6x and will decrease on par with debt. Range Resources announced a buyback worth $500 million.
Are Investors Undervaluing Range Resources Corporation (NYSE:RRC) By 35%?
Does the April share price for Range Resources Corporation ( NYSE:RRC ) reflect what it's really worth? Today, we will...
Shareholder Returns
RRC | US Oil and Gas | US Market | |
---|---|---|---|
7D | -11.3% | -3.5% | -2.5% |
1Y | 107.7% | 47.7% | -10.4% |
Return vs Industry: RRC exceeded the US Oil and Gas industry which returned 47.7% over the past year.
Return vs Market: RRC exceeded the US Market which returned -10.4% over the past year.
Price Volatility
RRC volatility | |
---|---|
RRC Average Weekly Movement | 8.8% |
Oil and Gas Industry Average Movement | 8.5% |
Market Average Movement | 7.8% |
10% most volatile stocks in US Market | 16.7% |
10% least volatile stocks in US Market | 2.8% |
Stable Share Price: RRC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: RRC's weekly volatility (9%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1976 | 527 | Jeff Ventura | https://www.rangeresources.com |
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. As of December 31, 2021, the company owned and operated 1,350 net producing wells and approximately 794,000 net acres under lease located in the Appalachian region of the northeastern United States.
Range Resources Fundamentals Summary
RRC fundamental statistics | |
---|---|
Market Cap | US$6.74b |
Earnings (TTM) | -US$82.30m |
Revenue (TTM) | US$4.02b |
1.7x
P/S Ratio-81.9x
P/E RatioIs RRC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
RRC income statement (TTM) | |
---|---|
Revenue | US$4.02b |
Cost of Revenue | US$1.69b |
Gross Profit | US$2.32b |
Other Expenses | US$2.41b |
Earnings | -US$82.30m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | -0.33 |
Gross Margin | 57.88% |
Net Profit Margin | -2.05% |
Debt/Equity Ratio | 161.2% |
How did RRC perform over the long term?
See historical performance and comparisonDividends
1.2%
Current Dividend Yieldn/a
Payout RatioValuation
Is Range Resources undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
43.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RRC ($27.08) is trading below our estimate of fair value ($48.13)
Significantly Below Fair Value: RRC is trading below fair value by more than 20%.
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 (4.2x) compared to the US Oil and Gas industry average (2x).
Future Growth
How is Range Resources forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Future Growth Score
4/6Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
37.3%
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 (1.9%).
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 is expected to decline over the next 3 years (-0.7% per year).
High Growth Revenue: RRC'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: RRC's Return on Equity is forecast to be high in 3 years time (31.2%)
Past Performance
How has Range Resources performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-15.8%
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 15.8% 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 (86.4%).
Return on Equity
High ROE: RRC has a negative Return on Equity (-4.51%), as it is currently unprofitable.
Financial Health
How is Range Resources's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: RRC's short term assets ($575.8M) do not cover its short term liabilities ($2.3B).
Long Term Liabilities: RRC's short term assets ($575.8M) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: RRC's net debt to equity ratio (154.1%) is considered high.
Reducing Debt: RRC's debt to equity ratio has increased from 67% to 161.2% 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: Whilst unprofitable RRC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RRC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.5% per year.
Dividend
What is Range Resources's current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.18%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RRC's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: RRC's dividend (1.18%) is low compared to the top 25% of dividend payers in the US market (4.05%).
Stability and Growth of Payments
Stable Dividend: RRC's dividend payments have been volatile in the past 10 years.
Growing Dividend: RRC's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.7%), RRC's dividend payments are thoroughly covered by cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
12.7yrs
Average management tenure
CEO
Jeff Ventura (63 yo)
14yrs
Tenure
US$7,542,954
Compensation
Mr. Jeffrey L. Ventura, also known as Jeff, has been the Chief Executive Officer of Range Resources Corporation since January 1, 2012 and has been its President since May 20, 2008. He is Chief Executive Of...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD7.54M) is about average for companies of similar size in the US market ($USD8.23M).
Compensation vs Earnings: Jeff's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: RRC's management team is seasoned and experienced (12.7 years average tenure).
Board Members
Experienced Board: RRC's board of directors are considered experienced (6.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RRC insiders have only sold shares 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 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
- Implied Market Cap: US$6.744b
- Shares outstanding: 249.06m
- Website: https://www.rangeresources.com
Number of Employees
Location
- Range Resources Corporation
- 100 Throckmorton Street
- Suite 1200
- Fort Worth
- Texas
- 76102
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/15 00:00 |
End of Day Share Price | 2022/05/13 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.