Sep 22, 2026
1,573,656 Shares in Range Resources Corporation $RRC Bought by Bank of America Corp DE
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.
Company relevance
100.00%
Company sentiment
Somewhat-Bullish
Overall sentiment
Neutral
Sep 21, 2026
Range Resources (RRC) Slid 17.2% in Q2: Why the Natural Gas Stock Still Looks Attractive
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.
Company relevance
100.00%
Company sentiment
Somewhat-Bullish
Overall sentiment
Somewhat-Bullish