Range Resources Management
Management criteria checks 2/4
Range Resources' CEO is Dennis Degner, appointed in May 2023, has a tenure of 1.58 years. total yearly compensation is $6.18M, comprised of 11.1% salary and 88.9% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth $17.13M. The average tenure of the management team and the board of directors is 1.7 years and 5.4 years respectively.
Key information
Dennis Degner
Chief executive officer
US$6.2m
Total compensation
| CEO salary percentage | 11.1% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.7yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
Range Resources (NYSE:RRC) Is Paying Out A Dividend Of $0.08
Dec 02
5-Bagger Potential: The Explosive Case For Range Resources
Nov 30Range Resources: Positive Guidance Revisions With Its Q3 2024 Earnings
Oct 24Range Resources Corporation's (NYSE:RRC) Intrinsic Value Is Potentially 71% Above Its Share Price
Sep 20Range Resources (NYSE:RRC) Will Pay A Dividend Of $0.08
Sep 02High Risk, High Reward - Why Range Resources Could Rise From $30 To $200
Sep 02Range Resources: A Buy Despite Mixed H1-2024 Earnings Report
Jul 30Investors Aren't Entirely Convinced By Range Resources Corporation's (NYSE:RRC) Earnings
Jul 29Range Resources (NYSE:RRC) Has A Somewhat Strained Balance Sheet
Jul 11A Look At The Intrinsic Value Of Range Resources Corporation (NYSE:RRC)
Jun 21Range Resources (NYSE:RRC) Will Pay A Dividend Of $0.08
Jun 03Range Resources Stock Looks Pricey After A Good Year (Rating Downgrade)
May 09Range Resources' (NYSE:RRC) Conservative Accounting Might Explain Soft Earnings
Apr 30Significant Upside Potential, As Range Resources Could Turn Into A Buyback Machine
Apr 05Insufficient Growth At Range Resources Corporation (NYSE:RRC) Hampers Share Price
Mar 30Range Resources: Navigating A Weak Natural Gas Market
Mar 14Calculating The Intrinsic Value Of Range Resources Corporation (NYSE:RRC)
Jan 262024 Will Be The Year For Range Resources
Jan 02Earnings Working Against Range Resources Corporation's (NYSE:RRC) Share Price
Dec 23High Risk, High Reward - I Expect Range Resources To More Than Double In The Years Ahead
Dec 08Range Resources Q3 2023: Positioned For Success Amid Commodity Cycles
Oct 28A Path To A >20% Distribution Yield: Why I'm So Bullish On Range Resources
Sep 27Range Resources: Large Reserves, Strong Finances, Attractive Valuation
Sep 13Range Resources: Well-Hedged Low Breakeven Prices
Jul 04Range Resources: Positioned To Weather Low Prices And Undervalued
Jun 20Why Range Resources Might Double
Jun 01Range Resources Added Hedges, But Maybe Too Late
Feb 21Range Resources: A Solid Prospect Heading Into Q3 2022 Earnings
Oct 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$477m |
| Jun 30 2024 | n/a | n/a | US$476m |
| Mar 31 2024 | n/a | n/a | US$477m |
| Dec 31 2023 | US$6m | US$688k | US$856m |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$3m | US$498k | US$1b |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$526m |
| Mar 31 2022 | n/a | n/a | -US$70m |
| Dec 31 2021 | US$4m | US$475k | US$401m |
| Sep 30 2021 | n/a | n/a | -US$441m |
| Jun 30 2021 | n/a | n/a | -US$840m |
| Mar 31 2021 | n/a | n/a | -US$851m |
| Dec 31 2020 | US$4m | US$489k | -US$712m |
| Sep 30 2020 | n/a | n/a | -US$3b |
| Jun 30 2020 | n/a | n/a | -US$2b |
| Mar 31 2020 | n/a | n/a | -US$2b |
| Dec 31 2019 | US$2m | US$410k | -US$2b |
| Sep 30 2019 | n/a | n/a | -US$2b |
| Jun 30 2019 | n/a | n/a | -US$2b |
| Mar 31 2019 | n/a | n/a | -US$2b |
| Dec 31 2018 | US$2m | US$347k | -US$2b |
Compensation vs Market: Dennis's total compensation ($USD6.18M) is about average for companies of similar size in the US market ($USD7.88M).
Compensation vs Earnings: Dennis's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Dennis Degner (51 yo)
1.6yrs
Tenure
US$6,181,944
Compensation
Mr. Dennis L. Degner has been the Chief Operating Officer of Range Resources Corporation since May 14, 2019 and serves as its Executive Vice President. Mr. Degner served as a Senior Vice President of Range...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.6yrs | US$6.18m | 0.22% $ 17.1m | |
| Executive VP & CFO | 6.6yrs | US$4.26m | 0.28% $ 22.3m | |
| Senior VP | 1.8yrs | US$1.89m | 0.018% $ 1.4m | |
| Senior Vice President of Reservoir Engineering & Economics | 17.8yrs | US$1.89m | 0.20% $ 16.3m | |
| VP, Controller & Principal Accounting Officer | less than a year | no data | 0.018% $ 1.4m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Manager of Corporate Communications | no data | no data | no data | |
| Vice President of Human Resources | 1.3yrs | no data | no data |
1.7yrs
Average Tenure
48.5yo
Average Age
Experienced Management: RRC's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.6yrs | US$6.18m | 0.22% $ 17.1m | |
| Independent Director | 16yrs | US$293.21k | 0.032% $ 2.5m | |
| Independent Director | 5.4yrs | US$293.21k | 0.052% $ 4.2m | |
| Independent Director | 9.4yrs | US$301.43k | 0.015% $ 1.2m | |
| Independent Chairman of the Board | 9.3yrs | US$465.71k | 0.041% $ 3.2m | |
| Independent Director | 3.3yrs | US$278.21k | 0.0074% $ 587.8k | |
| Independent Director | 1.2yrs | US$127.99k | 0.0047% $ 373.3k |
5.4yrs
Average Tenure
63yo
Average Age
Experienced Board: RRC's board of directors are considered experienced (5.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 09:15 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Range Resources Corporation is covered by 78 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Katzenberg | Baird |
| Ishan Majumdar | Baptista Research |
| Thomas Driscoll | Barclays |