Range Resources Corporation (RRC) is a leading U.S-based independent natural gas, natural gas liquid (NGL) and oil company. The Fortune 500 company is a significant player in the energy sector, specializing in the exploration, development, and acquisition of natural gas and oil properties.
Founded in 1975 and headquartered in Fort Worth, Texas, Range Resources holds an impressive portfolio of assets. It operates primarily in the Appalachian and Midcontinent regions, with a significant presence in Pennsylvania, Oklahoma, and Texas. As of 2019, the company reportedly had 2.23 trillion cubic feet equivalent of proved natural gas, NGL, and oil reserves.
RRC's business strategy is grounded in responsible and sustainable resource development. It distinguishes itself with an unwavering commitment to safety, environment, and community relations. Besides producing natural gas and oil, the company also produces NGLs, which include ethane, propane, butane, isobutane, and natural gasoline. It also engages in the transportation and processing of gas and oil and the marketing of NGL.
Range Resources has built its reputation on operational efficiency and innovative practices in the energy industry. This is evident in its pioneering use of horizontal drilling technology and comprehensive investment in shale gas. RRC was among the first companies to explore and develop shale plays, making it a significant contributor to the shale revolution in the U.S.
In keeping with its commitment to sustainability, RRC emphasizes the reduction of emissions in its operations. The company employs various strategies to minimize environmental impact, including recycling and reuse of water, green completions, and reducing flaring activities. These efforts have led to marked improvements in the company’s environmental footprint.
Under the leadership of Jeff Ventura, the company's CEO, RRC has navigated the volatile energy landscape to establish itself as a reliable and sustainable energy provider. Despite industry challenges, Range Resources Corp continues to demonstrate resilience, and while continuously seeking to innovate and expand its operations, it remains committed to safety, environmental stewardiness, and the local communities in which it operates.
Range Resources Corp is publicly traded and listed on the New York Stock Exchange (NYSE) under the ticker symbol ‘RRC’. For the discerning investor, it offers an attractive opportunity to invest in a company at the forefront of America's energy independence.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
Bank of America Corp DE has acquired a new stake of 1,573,656 shares in Range Resources Corporation (NYSE:RRC) during the second quarter, valued at approximately $58.5 million. This purchase represents 0.67% of the oil and gas exploration company. Institutional investors collectively own 98.93% of Range Resources, which recently reported better-than-expected quarterly earnings and announced a quarterly dividend of $0.10 per share.
Range Resources (RRC) saw its stock slide by 17.2% in Q2 2026, contributing to a 0.4% detraction from Kopernik Global All-Cap Fund's returns, as detailed in their latest investor letter. Despite this decline and underperformance in a momentum-driven market, Kopernik Global Investors views the correction as an opportunity to add to undervalued securities, maintaining a long-term, fundamentals-based value strategy. The article highlights RRC's profile as a U.S. natural gas producer and mentions its position among hedge funds, while also pointing to other AI stock opportunities.
RR Advisors LLC recently acquired 125,094 shares of Range Resources Corporation (RRC), valued at approximately $4.65 million, making it their 22nd largest holding. Institutional ownership of Range Resources is high at 98.93%, with other major investors also increasing their stakes. The company exceeded its quarterly earnings expectations, reporting $0.79 EPS against an estimate of $0.66, and analysts maintain a consensus "Hold" rating with an average price target of $43.75.
Range Resources Corporation (NYSE:RRC) has received a consensus "Hold" rating from 19 brokerages, with an average 12-month price target of $43.75, slightly above its current trading price of $41.13. The company recently surpassed earnings estimates, reporting $0.79 per share against a $0.66 consensus, though revenue saw a slight year-over-year decline. Institutional investors hold a significant portion of RRC shares, and the company offers a quarterly dividend of $0.10 per share.
Zacks Research has upgraded Range Resources (NYSE:RRC) from a "strong sell" to a "hold" rating, aligning with the broader analyst consensus that gives the stock an average "hold" rating and a $43.75 price target. The oil and gas exploration company recently reported strong quarterly EPS of $0.79, beating estimates of $0.66, although revenue saw a slight year-over-year decline. Institutional investors hold a significant 98.93% stake in the company, despite a recent insider share sale.
Diversify Advisory Services LLC acquired 49,625 shares of Range Resources Corporation (NYSE:RRC) in the second quarter, valued at approximately $1.88 million. This move is part of broader institutional investor activity in Range Resources, with several other firms also adjusting their stakes. The article details analyst ratings, price targets, the company's financial performance, recent dividends, and insider trading activity, including a director's sale of 3,500 shares.
Morgan Stanley has maintained an "Equal-Weight" rating for Range Resources (RRC) but lowered its price target to $43.00, indicating a cautious outlook. Despite this, GuruFocus assesses RRC as 10.6% undervalued with a GF Value™ of $45.04 and a strong GF Score™ of 77/100, though growth potential and mixed insider/guru activity suggest investors should proceed with caution.
Energy Income Partners LLC has acquired a significant new stake of 858,635 shares in Range Resources Corporation (NYSE:RRC), valued at approximately $31.93 million, during the second quarter. This acquisition makes Energy Income Partners LLC the owner of 0.37% of Range Resources. Other institutional investors have also adjusted their holdings in the oil and gas exploration company, which has an average analyst rating of "Hold" and a consensus price target of $43.81.
Requisite Capital Management LLC has acquired 352,407 shares of Range Resources Corporation (NYSE:RRC), valued at approximately $13.1 million, making it their sixth-largest position. This purchase represents a 0.15% ownership stake for Requisite Capital, while institutional investors collectively own 98.93% of the oil and gas exploration company. Range Resources recently surpassed earnings expectations and maintains a "Hold" rating from analysts with an average target price of $43.81.