Range Resources Corporation (RRC)
NYSE: RRC · IEX Real-Time Price · USD
33.47
-0.59 (-1.73%)
Jun 21, 2024, 4:00 PM EDT - Market closed

Range Resources Statistics

Total Valuation

RRC has a market cap or net worth of $8.12 billion. The enterprise value is $9.39 billion.

Market Cap 8.12B
Enterprise Value 9.39B

Important Dates

The next estimated earnings date is Monday, July 22, 2024, after market close.

Earnings Date Jul 22, 2024
Ex-Dividend Date Jun 14, 2024

Share Statistics

RRC has 242.63 million shares outstanding. The number of shares has increased by 0.63% in one year.

Shares Outstanding 242.63M
Shares Change (YoY) +0.63%
Shares Change (QoQ) +4.07%
Owned by Insiders (%) 2.55%
Owned by Institutions (%) 99.60%
Float 237.44M

Valuation Ratios

The trailing PE ratio is 16.74 and the forward PE ratio is 12.44. RRC's PEG ratio is 1.35.

PE Ratio 16.74
Forward PE 12.44
PS Ratio 2.87
Forward PS 2.92
PB Ratio 2.12
P/FCF Ratio 31.97
PEG Ratio 1.35
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.69, with an EV/FCF ratio of 36.95.

EV / Earnings 19.48
EV / Sales 3.31
EV / EBITDA 8.69
EV / EBIT 12.86
EV / FCF 36.95

Financial Position

The company has a current ratio of 1.35, with a Debt / Equity ratio of 0.50.

Current Ratio 1.35
Quick Ratio 1.28
Debt / Equity 0.50
Debt / EBITDA 1.77
Debt / FCF 7.51
Interest Coverage 5.97

Financial Efficiency

Return on equity (ROE) is 13.40% and return on invested capital (ROIC) is 10.09%.

Return on Equity (ROE) 13.40%
Return on Assets (ROA) 6.80%
Return on Capital (ROIC) 10.09%
Revenue Per Employee $5.17M
Profits Per Employee $879,257
Employee Count 548
Asset Turnover 0.40
Inventory Turnover n/a

Taxes

In the past 12 months, RRC has paid $125.53 million in taxes.

Income Tax 125.53M
Effective Tax Rate 20.67%

Stock Price Statistics

The stock price has increased by +15.41% in the last 52 weeks. The beta is 1.82, so RRC's price volatility has been higher than the market average.

Beta (1Y) 1.82
52-Week Price Change +15.41%
50-Day Moving Average 36.24
200-Day Moving Average 33.10
Relative Strength Index (RSI) 34.47
Average Volume (20 Days) 2,342,712

Short Selling Information

The latest short interest is 13.12 million, so 5.41% of the outstanding shares have been sold short.

Short Interest 13.12M
Short Previous Month 16.00M
Short % of Shares Out 5.41%
Short % of Float 5.53%
Short Ratio (days to cover) 5.37

Income Statement

In the last 12 months, RRC had revenue of $2.83 billion and earned $481.83 million in profits. Earnings per share was $2.00.

Revenue 2.83B
Gross Profit 1.46B
Operating Income 729.14M
Pretax Income 607.36M
Net Income 481.83M
EBITDA 1.08B
EBIT 729.64M
Earnings Per Share (EPS) $2.00
Full Income Statement

Balance Sheet

The company has $643.10 million in cash and $1.91 billion in debt, giving a net cash position of -$1.26 billion or -$5.21 per share.

Cash & Cash Equivalents 643.10M
Total Debt 1.91B
Net Cash -1.26B
Net Cash Per Share -$5.21
Equity / Book Value 3.83B
Book Value Per Share 15.77
Working Capital 223.36M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $834.87 million and capital expenditures -$580.86 million, giving a free cash flow of $254.00 million.

Operating Cash Flow 834.87M
Capital Expenditures -580.86M
Free Cash Flow 254.00M
FCF Per Share $1.06
Full Cash Flow Statement

Margins

Gross margin is 51.37%, with operating and profit margins of 25.73% and 17.01%.

Gross Margin 51.37%
Operating Margin 25.73%
Pretax Margin 21.44%
Profit Margin 17.01%
EBITDA Margin 38.13%
EBIT Margin 25.75%
FCF Margin 8.96%

Dividends & Yields

This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 0.96%.

Dividend Per Share $0.32
Dividend Yield 0.96%
Dividend Growth (YoY) n/a
Years of Dividend Growth 2
Payout Ratio 16.00%
Buyback Yield -0.63%
Shareholder Yield 0.32%
Earnings Yield 5.93%
FCF Yield 3.13%
Dividend Details

Analyst Forecast

The average price target for RRC is $36.94, which is 10.37% higher than the current price. The consensus rating is "Hold".

Price Target $36.94
Price Target Difference 10.37%
Analyst Consensus Hold
Analyst Count 18
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) -2.59%
Stock Forecasts

Stock Splits

The last stock split was on December 5, 2005. It was a forward split with a ratio of 3:2.

Last Split Date Dec 5, 2005
Split Type Forward
Split Ratio 3:2

Scores

RRC has an Altman Z-Score of 1.82 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.82
Piotroski F-Score 6