Range Resources Corporation (RRC)
Stock Price:
$7.78 USD
-0.15 (-1.89%)
Updated November 27, 1:00 PM EST - Market closed
Key Info
| Market Cap |
1.99B |
| Revenue (ttm) |
1.98B |
| Net Income (ttm) |
-2.49B |
| Shares Out |
256.33M |
| EPS (ttm) |
-10.22 |
| PE Ratio |
n/a |
| Forward PE |
9.58 |
| Dividend |
$0.08 |
| Dividend Yield |
1.03% |
Stock Quote
| Trading Day |
November 27 |
| Last Price |
$7.78 |
| Previous Close |
$7.93 |
| Change ($) |
-0.15 |
| Change (%) |
-1.89% |
| Day's Open |
7.80 |
| Day's Range |
7.60 - 7.96 |
| Day's Volume |
2,152,394 |
| 52-Week Range |
1.61 - 9.41 |
More Stats
| Market Cap |
1.99B |
| Enterprise Value |
5.11B |
| Earnings Date (est) |
Mar 2, 2021 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
256.33M |
| Float |
249.95M |
| EPS (basic) |
-10.13 |
| EPS (diluted) |
-10.22 |
| FCF / Share |
-0.79 |
| Dividend |
$0.08 |
| Dividend Yield |
1.03% |
| Earnings Yield |
n/a |
| FCF Yield |
n/a |
| Payout Ratio |
n/a |
| Shares Short |
36.06M |
| Short Ratio |
5.89 |
| Short % of Float |
14.43% |
| Beta |
2.93 |
| PE Ratio |
n/a |
| Forward PE |
9.58 |
| P/FCF Ratio |
n/a |
| PS Ratio |
1.01 |
| PB Ratio |
1.20 |
| Revenue |
1.98B |
| Operating Income |
-3.03B |
| Net Income |
-2.49B |
| Free Cash Flow |
-188.98M |
| Net Cash |
-3.11B |
| Net Cash / Share |
-12.15 |
| Gross Margin |
48.08% |
| Operating Margin |
-153.62% |
| Profit Margin |
-125.90% |
| FCF Margin |
-9.57% |
| ROA |
-20.77% |
| ROE |
-85.45% |
| ROIC |
-31.90% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (28)
| Buy |
5 |
| Overweight |
0 |
| Hold |
18 |
| Underweight |
0 |
| Sell |
5 |
Price Target
$8.87*
(14.01% upside)
Low
4.50
Current: $7.78
High
14.00
Target: 8.87
*Average 12-month price target from 24 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 2,828 | 3,283 | 2,611 | 1,100 | 1,598 | 2,426 | 1,770 | 1,458 | 1,231 | 961 |
| Revenue Growth | -13.86% | 25.72% | 137.38% | -31.17% | -34.13% | 37.03% | 21.45% | 18.45% | 28.01% | - |
| Gross Profit | 1,094 | 1,483 | 1,452 | 243 | 915 | 1,776 | 1,209 | 1,062 | 957 | 766 |
| Operating Income | -2,028 | -1,567 | 278 | -634 | -457 | 1,224 | 338 | 205 | 222 | 236 |
| Net Income | -1,716 | -1,746 | 333 | -521 | -714 | 634 | 116 | 13.00 | 58.03 | -239 |
| Shares Outstanding | 248 | 246 | 245 | 190 | 166 | 164 | 160 | 159 | 158 | 157 |
| Earnings Per Share | -6.92 | -7.10 | 1.34 | -2.75 | -4.29 | 3.79 | 0.70 | 0.08 | 0.10 | -1.53 |
| EPS Growth | - | - | - | - | - | 441.43% | 775% | -20% | - | - |
| Dividend Per Share | 0.08 | 0.08 | 0.08 | 0.08 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 |
| Dividend Growth | 0% | 0% | 0% | -50% | 0% | 0% | 0% | 0% | 0% | - |
| Operating Cash Flow | 682 | 991 | 816 | 387 | 691 | 974 | 744 | 647 | 632 | 513 |
| Capital Expenditures | -748 | -1,023 | -1,213 | -513 | -1,110 | -1,424 | -1,297 | -1,694 | -1,438 | -1,044 |
| Free Cash Flow | -66.58 | -32.31 | -396 | -126 | -419 | -450 | -554 | -1,047 | -806 | -531 |
| Cash & Equivalents | 137 | 88.50 | 59.06 | 13.59 | 282 | 363 | 4.77 | 138 | 0.09 | 2.85 |
| Total Debt | 3,214 | 3,837 | 4,109 | 3,774 | 2,651 | 3,031 | 3,141 | 2,878 | 1,975 | 1,961 |
| Net Cash / Debt | -3,077 | -3,748 | -4,050 | -3,760 | -2,369 | -2,667 | -3,136 | -2,740 | -1,975 | -1,958 |
| Assets | 6,612 | 9,708 | 11,729 | 11,282 | 6,900 | 8,705 | 7,299 | 6,729 | 5,845 | 5,512 |
| Liabilities | 4,265 | 5,649 | 5,955 | 5,874 | 4,140 | 5,247 | 4,885 | 4,371 | 3,453 | 3,288 |
| Book Value | 2,347 | 4,059 | 5,774 | 5,408 | 2,760 | 3,457 | 2,414 | 2,357 | 2,392 | 2,224 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Range Resources Corporation |
| Country |
United States |
| Employees |
655 |
| CEO |
Jeffrey L. Ventura |
Stock Information
| Ticker Symbol |
RRC |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Energy |
| Industry |
Oil & Gas E&P |
| Unique Identifier |
NYSE: RRC |
Description
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. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and North Louisiana regions of the United States. As of December 31, 2019, the company owned and operated 1,272 net producing wells and approximately 833,000 net acres under lease in the Appalachian region; and 409 net producing wells and approximately 105,000 net acres under lease in the North Louisiana region. It markets and sells natural gas, and NGLs to utilities, marketing and midstream companies, and industrial users; petrochemical end users, NGL distributors, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.