Range Resources Corporation is a leading U.S. independent natural gas and NGL producer with operations focused in stacked-pay projects in the Appalachian Basin. The Company is headquartered in Fort Worth, Texas.
Company profile
Ticker
RRC
Exchange
Website
CEO
Jeffrey Ventura
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
LOMAK PETROLEUM INC
SEC CIK
Corporate docs
Subsidiaries
Range Resources—Appalachia, LLC • Range Resources—Pine Mountain, LLC • Range Production Company, LLC • Range Resources—Midcontinent, LLC • Range Resources—Louisiana, Inc. ...
IRS number
341312571
RRC stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Range Announces CEO Retirement and Succession Plan
17 Mar 23
8-K
Range Announces Fourth Quarter 2022 Results and 2023 Guidance
28 Feb 23
10-K
2022 FY
Annual report
27 Feb 23
8-K
Results of Operations and Financial Condition
8 Feb 23
8-K
Range Announces Third Quarter 2022 Results
25 Oct 22
10-Q
2022 Q3
Quarterly report
24 Oct 22
8-K
Results of Operations and Financial Condition
14 Oct 22
S-8
Registration of securities for employees
26 Jul 22
8-K
Range Announces Second Quarter 2022 Results
26 Jul 22
10-Q
2022 Q2
Quarterly report
25 Jul 22
Transcripts
RRC
Earnings call transcript
2022 Q4
28 Feb 23
RRC
Earnings call transcript
2022 Q3
25 Oct 22
RRC
Earnings call transcript
2022 Q2
26 Jul 22
RRC
Earnings call transcript
2022 Q1
27 Apr 22
RRC
Earnings call transcript
2021 Q4
23 Feb 22
RRC
Earnings call transcript
2021 Q3
27 Oct 21
RRC
Earnings call transcript
2021 Q2
27 Jul 21
RRC
Earnings call transcript
2021 Q1
27 Apr 21
RRC
Earnings call transcript
2020 Q4
24 Feb 21
RRC
Earnings call transcript
2020 Q3
30 Oct 20
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Revenue | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 207.00 k | 207.00 k | 207.00 k | 207.00 k | 207.00 k | 207.00 k |
| Cash burn (monthly) | 52.31 mm | 17.85 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 144.13 mm | 49.18 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -143.92 mm | -48.97 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -2.8 | -2.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
88.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 379 |
| Opened positions | 71 |
| Closed positions | 65 |
| Increased positions | 127 |
| Reduced positions | 125 |
| 13F shares | Current |
|---|---|
| Total value | 5.18 tn |
| Total shares | 211.70 mm |
| Total puts | 2.32 mm |
| Total calls | 3.55 mm |
| Total put/call ratio | 0.7 |
| Largest owners | Shares | Value |
|---|---|---|
| FMR | 26.63 mm | $666.25 bn |
| Vanguard | 24.77 mm | $619.67 bn |
| BLK Blackrock | 24.15 mm | $604.19 bn |
| STT State Street | 11.56 mm | $289.18 bn |
| Dimensional Fund Advisors | 7.00 mm | $176.06 bn |
| Capital World Investors | 6.95 mm | $173.79 bn |
| Exor Investments | 6.35 mm | $101.65 bn |
| Key | 4.56 mm | $114.20 bn |
| D. E. Shaw & Co. | 4.55 mm | $113.88 bn |
| IVZ Invesco | 3.54 mm | $88.50 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Mar 23 | Degner Dennis | Common Stock | Grant | Acquire A | Yes | No | 24.08 | 65,199 | 1.57 mm | 65,199 |
| 15 Mar 23 | Scucchi Mark | Common Stock | Grant | Acquire A | Yes | No | 24.08 | 43,189 | 1.04 mm | 43,189 |
| 15 Mar 23 | Dori Ginn | Common Stock | Grant | Acquire A | Yes | No | 24.08 | 33,223 | 800.01 k | 33,223 |
| 15 Mar 23 | Dori Ginn | Common Stock | Grant | Acquire A | Yes | No | 24.08 | 89 | 2.14 k | 322,738 |
| 28 Feb 23 | Ventura Jeffrey L | Common Stock | Grant | Acquire A | No | No | 26.94 | 475,147 | 12.80 mm | 1,891,877 |
News
Benzinga's Top Ratings Upgrades, Downgrades For March 21, 2023
21 Mar 23
Tudor Pickering Upgrades Range Resources to Buy, Announces $33 Price Target
21 Mar 23
Reported Late Thursday March 16, Range Announces CEO Jeff Ventura Retirement Effective As Of June 2, 2023 And Announces COO Dennis Degner To Assume The Role Of President And CEO Effective At The Company's Annual Shareholder Meeting May 10, 2023
17 Mar 23
RBC Capital Reiterates Outperform on Range Resources, Maintains $40 Price Target
15 Mar 23
Piper Sandler Maintains Overweight on Range Resources, Lowers Price Target to $40
7 Mar 23