Skip to Content
Morningstar

Range Resources Corp RRC

Morningstar Rating
Unlock
Stock XNYS Rating as of
$37.78 +0.87 (2.36%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Finding Undervalued Opportunities From AI and Data Center Demand in E&Ps and Midstream

Stephen Ellis

We think AI and data center demand offers a potentially sizable growth opportunity across our US E&P and US & Canadian midstream coverage list. We consider Chart Industries, Energy Transfer, Enbridge, Kinder Morgan, and TC Energy as undervalued ways to play this trend. Cheniere Energy and Williams are more fairly valued, while Antero, Range, and likely EQT (not covered) are obvious direct opportunities and appear expensive.

Read Full Report

Price vs Fair Value

View History
RRC is trading at a 583% premium.
Price
$37.78
Fair Value
$42.00
Uncertainty
High
1-Star Price
$82.60
5-Star Price
$56.60
Economic Moat
Scvv
Capital Allocation
Zzlbjhf

Bulls Say, Bears Say

Bulls

As an early entrant into the Marcellus, Range Resources has a big, blocky acreage position with plentiful undrilled low-cost acreage.

Bears

Range Resources has optimistic views about its own valuation, which could lead management to buy back stock at top-of-cycle price levels.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if RRC is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$36.91
Day Range
$36.99–37.95
52-Week Range
$25.89–38.25
Bid/Ask
$37.24 / $38.25
Market Cap
$9.17 Bil
Volume/Avg
2.5 Mil / 2.5 Mil

Key Statistics

Price/Earnings (Normalized)
12.10
Price/Sales
3.80
Dividend Yield (Trailing)
0.85%
Dividend Yield (Forward)
0.85%
Total Yield
0.97%

Company Profile

Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2023, Range Resources' proven reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.14 billion cubic feet equivalent per day. Natural gas accounted for 69% of production.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Small Value
Total Number of Employees
548
Website
https://www.rangeresources.com

Competitors

Valuation

View More
Metric
RRC
OXY
AR
Price/Earnings (Normalized)
 12.1019.43357.66
Price/Book Value
 2.342.471.54
Price/Sales
 3.802.222.65
Price/Cash Flow
 8.805.4811.93
Price/Earnings
RRC
OXY
AR

Financial Strength

Metric
RRC
OXY
AR
Quick Ratio
 0.810.520.26
Current Ratio
 1.350.950.29
Interest Coverage
 5.856.612.25
Quick Ratio
RRC
OXY
AR

Profitability

Metric
RRC
OXY
AR
Return on Assets (Normalized)
 7.17%4.28%1.37%
Return on Equity (Normalized)
 14.19%14.61%2.70%
Return on Invested Capital (Normalized)
 11.11%7.35%2.46%
Return on Assets
RRC
OXY
AR
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Oil & Gas E&P Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
COP
ConocoPhillipsXmxrhgwkXwngky$140.1 Bil
EOG
EOG Resources IncNxkqxttmfvHyvlmq$74.7 Bil
OXY
Occidental Petroleum CorpSdvyfykFbh$56.2 Bil
HES
Hess CorpRqvqntpwgWnwhwny$48.7 Bil
FANG
Diamondback Energy IncDrtmqzggblKmnggz$35.3 Bil
DVN
Devon Energy CorpDkrkzfjybVvkwqq$31.4 Bil
MRO
Marathon Oil CorpYbfkmnlrZsvt$14.8 Bil
APA
APA CorpZlkhxcsyNbbmr$11.3 Bil
AR
Antero Resources CorpQgsyylzskKnrll$10.9 Bil

Sponsor Center