We’ve recently updated our valuation analysis.

Range Resources Valuation

Is RRC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RRC?

Other financial metrics that can be useful for relative valuation.

RRC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.6x
Enterprise Value/EBITDA3.9x
PEG Ratio0.4x

Price to Earnings Ratio vs Peers

How does RRC's PE Ratio compare to its peers?

The above table shows the PE ratio for RRC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average5.5x
PR Permian Resources
5x10.6%US$5.7b
MGY Magnolia Oil & Gas
5.4x-21.2%US$5.0b
MUR Murphy Oil
6.7x-12.1%US$6.5b
CHRD Chord Energy
4.8x-5.8%US$5.9b
RRC Range Resources
4.5x10.2%US$5.6b


Price to Earnings Ratio vs Industry

How does RRC's PE Ratio compare vs other companies in the US Oil and Gas Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a-10.7%
n/an/an/a


Price to Earnings Ratio vs Fair Ratio

What is RRC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RRC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.5x
Fair PE Ratio7.6x

Price-To-Earnings vs Fair Ratio: RRC is good value based on its Price-To-Earnings Ratio (4.5x) compared to the estimated Fair Price-To-Earnings Ratio (7.6x).


Share Price vs Fair Value

What is the Fair Price of RRC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst RRC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$24.00
US$32.46
+35.2%
21.2%US$48.00US$18.00n/a24
Jan ’24US$25.02
US$36.75
+46.9%
21.5%US$56.00US$25.00n/a24
Dec ’23US$27.99
US$37.50
+34.0%
19.3%US$56.00US$25.00n/a24
Nov ’23US$28.24
US$37.46
+32.6%
18.1%US$52.00US$25.00n/a24
Oct ’23US$25.26
US$39.95
+58.2%
25.5%US$75.00US$25.00n/a21
Sep ’23US$31.96
US$39.91
+24.9%
24.6%US$75.00US$25.00n/a23
Aug ’23US$32.22
US$38.78
+20.4%
20.2%US$61.00US$25.00n/a23
Jul ’23US$25.38
US$39.50
+55.6%
20.4%US$67.00US$26.00n/a23
Jun ’23US$35.24
US$39.41
+11.8%
19.3%US$67.00US$30.00n/a23
May ’23US$29.94
US$38.67
+29.2%
13.5%US$49.00US$30.00n/a23
Apr ’23US$31.55
US$30.26
-4.1%
19.9%US$43.00US$22.00n/a23
Mar ’23US$23.77
US$26.76
+12.6%
15.7%US$36.00US$22.00n/a25
Feb ’23US$20.38
US$26.48
+29.9%
14.9%US$34.00US$22.00US$24.3325
Jan ’23US$17.83
US$26.38
+48.0%
15.8%US$33.00US$16.50US$25.0225
Dec ’22US$18.09
US$26.71
+47.7%
15.3%US$33.00US$16.50US$27.9926
Nov ’22US$23.18
US$25.78
+11.2%
18.8%US$35.00US$16.00US$28.2425
Oct ’22US$23.05
US$18.77
-18.6%
21.8%US$30.00US$9.50US$25.2624
Sep ’22US$15.51
US$16.77
+8.1%
18.6%US$23.00US$9.50US$31.9624
Aug ’22US$15.23
US$17.02
+11.8%
18.3%US$23.00US$9.50US$32.2225
Jul ’22US$16.82
US$14.29
-15.0%
24.1%US$23.00US$8.00US$25.3825
Jun ’22US$14.76
US$12.37
-16.2%
25.6%US$20.00US$8.00US$35.2425
May ’22US$9.82
US$11.37
+15.8%
23.1%US$20.00US$8.00US$29.9425
Apr ’22US$11.06
US$11.53
+4.2%
23.0%US$20.00US$8.00US$31.5525
Mar ’22US$10.03
US$10.42
+3.9%
29.9%US$20.00US$5.00US$23.7725
Feb ’22US$9.62
US$9.10
-5.4%
24.1%US$14.00US$5.00US$20.3824


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