NYSE:RRC

Stock Analysis Report

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Executive Summary

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. More Details


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-27.6%

RRC

-6.8%

US Oil and Gas

-5.3%

US Market


1 Year Return

54.8%

RRC

-49.2%

US Oil and Gas

10.4%

US Market

Return vs Industry: RRC exceeded the US Oil and Gas industry which returned -48.3% over the past year.

Return vs Market: RRC exceeded the US Market which returned 12% over the past year.


Shareholder returns

RRCIndustryMarket
7 Day-27.6%-6.8%-5.3%
30 Day1.4%-1.9%-2.1%
90 Day1.9%-17.8%1.7%
1 Year55.6%54.8%-46.0%-49.2%12.9%10.4%
3 Year-62.9%-63.7%-49.7%-56.4%34.3%25.4%
5 Year-80.4%-80.9%-46.7%-57.1%73.7%54.3%

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

Valuation

Is Range Resources undervalued compared to its fair value and its price relative to the market?

0.95x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: RRC ($6.58) is trading above our estimate of fair value ($2.26)

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 (0.9x) compared to the US Oil and Gas industry average (0.7x).


Next Steps

Future Growth

How is Range Resources forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

62.2%

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 (7.2% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: RRC's revenue (7.2% 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 (3.4%).


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 (-35%).


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)

8.75yrs

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. Mr. Ventura served as an Exe ...


CEO Compensation Analysis

Compensation vs Market: Jeff's total compensation ($USD8.38M) is above average for companies of similar size in the US market ($USD4.53M).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Ventura
President8.75yrsUS$8.38m0.25%
$ 4.5m
Mark Scucchi
Senior VP & CFO2.42yrsUS$3.16m0.032%
$ 581.1k
Dennis Degner
Senior VP & COO2.42yrsUS$2.24m0.0043%
$ 78.4k
David Poole
Senior VP12.25yrsUS$2.74m0.061%
$ 1.1m
Alan Farquharson
Senior Vice President of Reservoir Engineering & Economics13.58yrsUS$1.94m0.031%
$ 557.3k
John Pinkerton
President & CEOno dataUS$571.66kno data
Dori Ginn
Senior VP11yrsno data0.019%
$ 347.9k
Laith Sando
Vice President of Investor Relationsno datano datano data
Kenneth Roy
Senior Vice President3.42yrsno datano data
Alan Engberg
Vice President of Liquids Marketingno datano datano 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

NamePositionTenureCompensationOwnership
Jeffrey Ventura
President8.75yrsUS$8.38m0.25%
$ 4.5m
James Funk
Independent Director11.83yrsUS$274.99k0.026%
$ 480.7k
Margaret Dorman
Independent Director1.25yrsUS$211.20k0.039%
$ 703.7k
Steffen Palko
Independent Director3.83yrsUS$274.99k0.44%
$ 8.0m
Steven Gray
Independent Director2yrsUS$274.99k0.035%
$ 638.7k
Brenda Cline
Independent Director5.25yrsUS$287.60k0.038%
$ 691.5k
Gregory Maxwell
Independent Chairman of the Board2.25yrsUS$549.99k0.019%
$ 339.7k

3.8yrs

Average Tenure

62yo

Average Age

Experienced Board: RRC's board of directors are considered experienced (3.8 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$1.819b
  • Shares outstanding: 234.38m
  • Website: https://www.rangeresources.com

Number of Employees


Location

  • Range Resources Corporation
  • 100 Throckmorton Street
  • Suite 1200
  • Fort Worth
  • Texas
  • 76102
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RRCNYSE (New York Stock Exchange)YesCommon StockUSUSDJun 1980
RAXDB (Deutsche Boerse AG)YesCommon StockDEEURJun 1980
0KTWLSE (London Stock Exchange)YesCommon StockGBUSDJun 1980
RRCO *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJun 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 00:47
End of Day Share Price2020/10/30 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.