RRC Stock Analysis
RR
Neutral
Based on Eyestock quantitative analysis, RRC`s fundamental data and valuation indicate an investment grade of Neutral at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Overvalued
Market cap $B
7.529
Dividend yield
1.11 %
Shares outstanding
240.62 B
Range Resources Corp. engages in the exploration, development and acquisition of natural gas and oil properties in the Appalachian and Midcontinent regions. The company is headquartered in Fort Worth, Texas and currently employs 544 full-time employees. The firm is engaged in the exploration, development and acquisition of natural gas and oil properties in the United States. Its principal area of operation is the Marcellus Shale in Pennsylvania. Its natural gas and oil operations are concentrated in the Appalachian region of the United States, in the Marcellus Shale in Pennsylvania. The Company’s properties consist of interests in developed and undeveloped natural gas and oil leases. The company owns over 1,350 net producing wells. The Company’s reserves are primarily in the Marcellus Shale formation but also include the Utica and Upper Devonian formations. The company has approximately 909,000 gross acres under lease. The Company’s properties are located in the Appalachian Basin in the northeastern United States. Its subsidiaries include Range Resources-Appalachia, LLC, Range Resources-Pine Mountain, Inc. and Range Production Company, LLC.