Range Resources Corporation

Equities

RRC

US75281A1097

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:00:01 2024-04-26 pm EDT			5-day change	1st Jan Change
37.31 ^USD	-0.90%		+5.78%	+22.57%

Apr. 26	Range Resources Insider Sold Shares Worth $603,131, According to a Recent SEC Filing	MT
Apr. 26	RBC Downgrades Range Resources to Sector Perform From Outperform, Lifts Price Target to $39 From $36	MT

Range Resources Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023

February 21, 2024 at 04:15 pm EST

Range Resources Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 941.36 million compared to USD 1,630.38 million a year ago. Net income was USD 310.03 million compared to USD 814.24 million a year ago. Basic earnings per share from continuing operations was USD 1.29 compared to USD 3.38 a year ago. Diluted earnings per share from continuing operations was USD 1.27 compared to USD 3.31 a year ago.
For the full year, revenue was USD 3,374.42 million compared to USD 4,146.8 million a year ago. Net income was USD 871.14 million compared to USD 1,183.37 million a year ago. Basic earnings per share from continuing operations was USD 3.61 compared to USD 4.79 a year ago. Diluted earnings per share from continuing operations was USD 3.57 compared to USD 4.69 a year ago.

Latest news about Range Resources Corporation

Range Resources Insider Sold Shares Worth $603,131, According to a Recent SEC Filing	Apr. 26	MT
RBC Downgrades Range Resources to Sector Perform From Outperform, Lifts Price Target to $39 From $36	Apr. 26	MT
Susquehanna Adjusts Price Target on Range Resources to $38 From $36, Keeps Neutral Rating	Apr. 25	MT
Truist Lifts Price Target on Range Resources to $31 From $30, Keeps Hold Rating	Apr. 25	MT
Stephens Adjusts Price Target on Range Resources to $42 From $41, Keeps Overweight Rating	Apr. 24	MT
Transcript : Range Resources Corporation, Q1 2024 Earnings Call, Apr 24, 2024	Apr. 24
Range Resources Guides for 'All-In' Capital Budget of $620 million to $670 Million, Nearly Flat Production in 2024	Apr. 23	MT
Range Resources Concludes Q1 With No Share Buybacks, About $1.1 Billion Available Under Program	Apr. 23	MT
Range Resources Q1 Adjusted Earnings, Sales Decline	Apr. 23	MT
Tranche Update on Range Resources Corporation's Equity Buyback Plan announced on October 21, 2019.	Apr. 23	CI
Range Resources Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 23	CI
Earnings Flash (RRC) RANGE RESOURCES CORPORATION Posts Q1 Revenue $718.2M, vs. Street Est of $708.6M	Apr. 23	MT
Stifel Nicolaus Adjusts Range Resources Price Target to $39 From $36, Maintains Buy Rating	Apr. 23	MT
Susquehanna Adjusts Price Target on Range Resources to $36 From $34, Maintains Neutral Rating	Apr. 22	MT
Piper Sandler Adjusts Range Resources Price Target to $41 From $40, Maintains Overweight Rating	Apr. 19	MT
UBS Raises Range Resources Price Target to $28 From $25, Maintains Sell Rating	Apr. 11	MT
Scotiabank Downgrades Range Resources to Sector Perform From Sector Outperform, Raises Price Target to $45 From $40	Apr. 11	MT
Citigroup Raises Price Target on Range Resources to $37 From $33, Maintains Neutral Rating	Apr. 03	MT
Range Resources Corporation Announces Executive Changes	Mar. 15	CI
Mizuho Securities Raises Range Resources Price Target to $39 From $37, Maintains Buy Rating	Mar. 13	MT
Wells Fargo Adjusts Price Target on Range Resources to $34 From $32, Maintains Equalweight Rating	Mar. 12	MT
Piper Sandler Cuts Range Resources' Price Target to $40 From $42, Maintains Overweight Rating	Mar. 07	MT
Range Resources Keeps Quarterly Dividend at $0.08 a Share, Payable March 29 to Shareholders of Record March 15	Mar. 01	MT
Range Resources Corporation Declares Quarterly Cash Dividend, Payable on March 29, 2024	Mar. 01	CI
Truist Securities Trims Price Target on Range Resources to $32 From $33, Maintains Hold Rating	Feb. 23	MT

Chart Range Resources Corporation

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Company Profile

Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and crude oil and condensate company. The Company is engaged in the exploration, development and acquisition of natural gas and oil properties in the Appalachian region of the United States. Its principal area of operations is the Marcellus Shale in Pennsylvania. Its properties consist of interests in developed and undeveloped natural gas and oil leases. It owns approximately 1,466 net producing wells in Pennsylvania. It has an unbooked resource potential within the Marcellus, Utica/Point Pleasant and Upper Devonian formations. Its exploration and production operations are limited to the onshore United States. It has approximately 860,000 gross (753,000 net) acres under lease. Its subsidiaries include Range Resources-Appalachia, LLC, Range Resources-Pine Mountain, LLC, Range Production Company, LLC, Range Resources-Midcontinent, LLC and Range Resources-Louisiana, Inc.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-08 - Annual General Meeting

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Ratings for Range Resources Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

37.31 USD

Average target price

37.15 USD

Spread / Average Target

-0.43%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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