RRC Stock Recent News

Range Resources (RRC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Range Resources (RRC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

RRC is likely to enjoy a rally in natural gas prices driven by rising LNG demand and low inventory levels. RRC is well-positioned for volume growth, supported by favorable energy policies and efficient production capabilities in the Appalachia region. RRC typically trades at a premium vs its comps but this is arguably deserved due to a superior costs structure. And currently, its valuation premium is lower than usual levels.

Does Range Resources (RRC) have what it takes to be a top stock pick for momentum investors? Let's find out.

The natural gas market in 2025 may stay volatile, balancing supply growth and uncertain demand. Stocks like CTRA, LNG and RRC could be the ones to focus on.

Wolfe Research upgraded Range Resources to Outperform from Peer Perform with a $42 price target. Range has the inventory depth to see absolute value reset from a higher mid-cycle gas price, the analyst tells investors in a research note. Liquids has always helped lower its portfolio to breakeven, but on the margin the firm sees improving in-basin differentials as a secondary tailwind.

Range Resources (RRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

FORT WORTH, Texas, Oct. 02, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its third quarter 2024 financial results news release will be issued Tuesday, October 22 after the close of trading on the New York Stock Exchange.

RRC boasts decades of low-risk drilling inventory in Appalachia, brightening its production outlook. However, the stock is exposed to gas price volatility.

The current market is highly valued, making it difficult to find bargains, even in previously undervalued sectors like real estate. Energy stocks, particularly natural gas producers like Range Resources, present attractive opportunities due to low prices and high-quality business models. Range Resources is undervalued, with strong free cash flow, a solid balance sheet, and a dividend, making it a compelling buy despite recent price declines.