Range Resources Corporation (RRC)

NYSE: RRC · IEX Real-Time Price · USD
34.43
+0.08 (0.23%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

RRC has a market cap or net worth of $8.32 billion. The enterprise value is $9.55 billion.

Market Cap 8.32B
Enterprise Value 9.55B

Important Dates

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

Earnings Date Apr 22, 2024
Ex-Dividend Date Mar 14, 2024

Share Statistics

RRC has 242.12 million shares outstanding. The number of shares has decreased by -2.66% in one year.

Shares Outstanding 242.12M
Shares Change (YoY) -2.66%
Shares Change (QoQ) -4.52%
Owned by Insiders (%) 2.91%
Owned by Institutions (%) 100.76%
Float 236.88M

Valuation Ratios

The trailing PE ratio is 9.64 and the forward PE ratio is 15.00. RRC's PEG ratio is 4.25.

PE Ratio 9.64
Forward PE 15.00
PS Ratio 2.46
Forward PS 3.04
PB Ratio 2.21
P/FCF Ratio 20.52
PEG Ratio 4.25
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.07, with an EV/FCF ratio of 23.57.

EV / Earnings 10.97
EV / Sales 2.83
EV / EBITDA 6.07
EV / EBIT 7.80
EV / FCF 23.57

Financial Position

The company has a current ratio of 1.49, with a Debt / Equity ratio of 0.48.

Current Ratio 1.49
Quick Ratio 1.43
Debt / Equity 0.48
Debt / EBITDA 1.14
Debt / FCF 4.42
Interest Coverage 9.87

Financial Efficiency

Return on equity (ROE) is 25.10% and return on invested capital (ROIC) is 17.44%.

Return on Equity (ROE) 25.10%
Return on Assets (ROA) 12.60%
Return on Capital (ROIC) 17.44%
Revenue Per Employee $6.16M
Profits Per Employee $1.59M
Employee Count 548
Asset Turnover 0.49
Inventory Turnover n/a

Taxes

In the past 12 months, RRC has paid $229.20 million in taxes.

Income Tax 229.20M
Effective Tax Rate 20.83%

Stock Price Statistics

The stock price has increased by +39.18% in the last 52 weeks. The beta is 1.83, so RRC's price volatility has been higher than the market average.

Beta (1Y) 1.83
52-Week Price Change +39.18%
50-Day Moving Average 30.91
200-Day Moving Average 31.43
Relative Strength Index (RSI) 71.10
Average Volume (30 Days) 2,649,919

Short Selling Information

The latest short interest is 16.92 million, so 6.99% of the outstanding shares have been sold short.

Short Interest 16.92M
Short Previous Month 17.40M
Short % of Shares Out 6.99%
Short % of Float 7.14%
Short Ratio (days to cover) 5.60

Income Statement

In the last 12 months, RRC had revenue of $3.37 billion and earned $871.14 million in profits. Earnings per share was $3.57.

Revenue 3.37B
Gross Profit 1.96B
Operating Income 1.22B
Pretax Income 1.10B
Net Income 871.14M
EBITDA 1.57B
EBIT 1.22B
Earnings Per Share (EPS) $3.57
Full Income Statement

Balance Sheet

The company has $553.30 million in cash and $1.79 billion in debt, giving a net cash position of -$1.24 billion or -$5.11 per share.

Cash & Cash Equivalents 553.30M
Total Debt 1.79B
Net Cash -1.24B
Net Cash Per Share -$5.11
Equity / Book Value 3.77B
Book Value Per Share 15.55
Working Capital 287.04M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $977.89 million and capital expenditures -$572.52 million, giving a free cash flow of $405.37 million.

Operating Cash Flow 977.89M
Capital Expenditures -572.52M
Free Cash Flow 405.37M
FCF Per Share $1.71
Full Cash Flow Statement

Margins

Gross margin is 58.13%, with operating and profit margins of 36.27% and 25.82%.

Gross Margin 58.13%
Operating Margin 36.27%
Pretax Margin 32.61%
Profit Margin 25.82%
EBITDA Margin 46.66%
EBIT Margin 36.28%
FCF Margin 12.01%

Dividends & Yields

This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 0.93%.

Dividend Per Share $0.32
Dividend Yield 0.93%
Dividend Growth (YoY) 33.33%
Years of Dividend Growth 2
Payout Ratio 8.96%
Buyback Yield 2.66%
Shareholder Yield 3.58%
Earnings Yield 10.47%
FCF Yield 4.87%
Dividend Details

Analyst Forecast

The average price target for RRC is $34.00, which is -1.25% lower than the current price. The consensus rating is "Hold".

Price Target $34.00
Price Target Difference -1.25%
Analyst Consensus Hold
Analyst Count 15
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) -3.31%
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 2.2 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.2
Piotroski F-Score 8