Range Resources Corporation (RRC)
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 |
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 |
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 |
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 |
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% |
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 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 |