RANGE RESOURCES CORP (RRC) has a current P/E ratio of 14.2, compared to its historical median P/E of 11.9. The stock is currently considered Fair based on its historical valuation range.
RANGE RESOURCES CORP (RRC) has a 5-year average return on invested capital (ROIC) of 15.8%. This indicates strong capital allocation and a potential competitive advantage.
RANGE RESOURCES CORP (RRC) has a market capitalization of $10.5B. It is classified as a large-cap stock.
Yes, RANGE RESOURCES CORP (RRC) pays a dividend with a trailing twelve-month yield of 0.84%.
Based on historical P/E analysis, RANGE RESOURCES CORP (RRC) appears fair. The current P/E of 14.2 is 19% above its historical median of 11.9. The estimated fair value CAGR (P/E method) is 22.2%.
RANGE RESOURCES CORP (RRC) operates in the Crude Petroleum & Natural Gas industry, within the Energy sector.
RANGE RESOURCES CORP (RRC) reported annual revenue of $3.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs), and oil producer headquartered in Fort Worth, Texas, with operations concentrated in the Marcellus Shale formation in Pennsylvania. The company generates revenue through the exploration, development, and acquisition of hydrocarbon properties, producing approximately 2.24 Bcfe per day with proved reserves of 18.1 Tcfe (65% gas, 34% NGLs, 1% oil). Range's business model emphasizes low-cost, capital-efficient development of its large, contiguous, long-duration inventory, leveraging existing gathering and processing infrastructure to minimize reinvestment rates while maintaining disciplined drilling and completion programs. The company operates with a single primary drilling rig paired with flexible completion crews, achieving industry-leading well costs and drilling efficiency through extended-reach horizontal development and pad-site optimization. Range's competitive advantages include shallow base decline rates, a diverse portfolio of natural gas and NGL transportation linkages to premium markets (including East Coast export terminals for international LPG sales), and a multi-decade inventory that supports production growth while generating substantial free cash flow for shareholder returns. The company's customers include LNG export facilities, petrochemical crackers, and regional power and industrial end-users, with significant exposure to international demand through contractual arrangements tied to European and Asian pricing indices.
【Infrastructure-driven production growth】 Management expects production to increase meaningfully in the second half of 2026 as gathering and processing infrastructure expansions come online mid-year, reaching 2.5 Bcfe per day by year-end and 2.6 Bcfe per day in 2027, supported by approximately 900,000 lateral feet of drilled-but-uncompleted inventory to be turned to sales. The company anticipates strong demand tailwinds from growing LNG export capacity (approaching 20 Bcf per day and expected to exceed 30 Bcf per day by 2031), increased ethane and propane export capacity, and emerging in-basin demand from power generation and data center projects, which should support improved pricing fundamentals and NGL differentials. Range plans to maintain capital discipline with a reinvestment rate below 30%, enabling continued free cash flow generation and shareholder returns through share repurchases and modest dividend growth, while retaining operational flexibility to adjust activity levels based on commodity price cycles and market conditions. The company expects to benefit from contractual certainty on service costs and day rates locked in for 2026, positioning it to capture value from improving export fundamentals and international demand growth.
| Metric | Target | Period |
|---|---|---|
| Production | 2.5 Bcfe per day | FY2026 year-end |
| Production | 2.6 Bcfe per day | FY2027 |
| Capital expenditure | $650 million to $700 million | FY2027 |
| Quarterly dividend increase | $0.01 per share (11% increase) | Next announcement |
Production (FY2026 year-end): “This will push production to 2.5 Bcf equivalent per day by year-end, all in line with our previous guidance.”
Production (FY2027): “Simplistically, we can reduce our previously communicated 2027 capital and still produce 2.6 Bcfe per day next year.”
Capital expenditure (FY2027): “We could maintain a similar operational cadence with $650 million to $700 million in capital for 2027 and set up continued growth into 2028.”
Quarterly dividend increase (Next announcement): “We expect to increase the quarterly dividend by a penny per share, or 11%, at the next announcement.”
Generated solely from the company's own reports listed below — not from third-party data. Hallucination risk is low. · Sources: 10-K, Q4 FY2025 Earnings Call, Q3 FY2025 Earnings Call, Q2 FY2025 Earnings Call, Q1 FY2025 Earnings Call
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 3.5B | 3.1B | 2.4B | 3.4B | 4.1B | 2.9B |
| Net Income | 901M | 657M | 265M | 856M | 1.2B | 401M |
| EPS | $3.44 | $2.74 | $1.09 | $3.57 | $4.69 | $1.61 |
| Free Cash Flow | 0 | 1.2B | 945M | 978M | 1.9B | 793M |
| ROIC | 0.0% | 13.4% | 6.9% | 19.2% | 27.3% | 12.2% |
| Gross Margin | - | 35.7% | 22.3% | 40.7% | 41.4% | 26.9% |
| Debt/Equity | 0.25 | 0.34 | 0.46 | 0.48 | 0.67 | 1.42 |
| Dividends/Share | $0.33 | $0.36 | $0.32 | $0.32 | $0.16 | $0.00 |
| Operating Income | 0 | 935M | 368M | 1.2B | 1.6B | 619M |
| Operating Margin | 0.0% | 30.0% | 15.2% | 35.8% | 37.4% | 21.1% |
| ROE | 19.6% | 15.9% | 6.9% | 25.8% | 46.5% | 21.5% |
| Shares Outstanding | 270M | 240M | 243M | 240M | 246M | 249M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 2.4B | 1.6B | 1.1B | 2.6B | 3.3B | 2.8B | 2.0B | 2.9B | 4.1B | 3.4B | 2.4B | 3.1B | 3.5B |
| Gross Margin | 57.8% | -43.3% | -40.9% | 19.4% | -41.3% | -65.1% | -19.6% | 26.9% | 41.4% | 40.7% | 22.3% | 35.7% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 213M | 194M | 185M | 233M | 210M | 181M | 158M | 168M | 168M | 165M | 172M | 178M | 182M |
| EBIT | 1.2B | -886M | -634M | 274M | -1.6B | -2.0B | -545M | 619M | 1.6B | 1.2B | 368M | 935M | 0 |
| Op. Margin | 49.0% | -55.5% | -57.7% | 10.5% | -47.7% | -71.5% | -27.7% | 21.1% | 37.4% | 35.8% | 15.2% | 30.0% | 0.0% |
| Net Income | 624M | -714M | -522M | 329M | -1.7B | -1.7B | -712M | 401M | 1.2B | 856M | 265M | 657M | 901M |
| Net Margin | 25.7% | -44.7% | -47.4% | 12.6% | -53.2% | -60.7% | -36.2% | 13.7% | 27.8% | 25.4% | 11.0% | 21.1% | 26.1% |
| Non-Recurring | 36M | 605M | 519K | 3.8M | 1.6B | 9.5M | 547M | 22M | 70M | 100M | 37M | 26M | 24M |
| Returns on Capital | |||||||||||||
| ROIC | 11.0% | -11.9% | -7.0% | 2.6% | -19.6% | -25.5% | -13.9% | 12.2% | 27.3% | 19.2% | 6.9% | 13.4% | 0.0% |
| ROE | 21.2% | -23.0% | -12.8% | 5.9% | -35.5% | -53.6% | -35.7% | 21.5% | 46.5% | 25.8% | 6.9% | 15.9% | 19.6% |
| ROA | 7.8% | -9.2% | -5.7% | 2.9% | -16.3% | -21.0% | -11.2% | 6.3% | 17.4% | 12.4% | 3.6% | 8.9% | 12.2% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 974M | 691M | 387M | 816M | 991M | 682M | 269M | 793M | 1.9B | 978M | 945M | 1.2B | 1.5B |
| Free Cash Flow | 962M | 687M | 384M | 811M | 989M | 682M | 269M | 793M | 1.9B | 978M | 945M | 1.2B | 0 |
| Owner Earnings | 325M | -538M | -236M | 45M | 329M | -966M | -208M | 419M | 1.5B | 588M | 561M | 779M | 1.1B |
| CapEx | 12M | 4.4M | 3.1M | 5.7M | 1.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Maint. CapEx | 579M | 1.2B | 567M | 689M | 658M | 1.6B | 473M | 365M | 353M | 350M | 358M | 370M | 368M |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |
| D&A | 579M | 1.2B | 567M | 689M | 658M | 1.6B | 473M | 365M | 353M | 350M | 358M | 370M | 368M |
| CapEx/OCF | 1.2% | 0.6% | 0.8% | 0.7% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 27M | 27M | 17M | 20M | 20M | 20M | 0 | 0 | 39M | 77M | 77M | 86M | 88M |
| Dividend Yield | 0.2% | 0.4% | 0.3% | 0.4% | 0.6% | 1.2% | N/A | N/A | 0.6% | 1.1% | 1.0% | 1.0% | 0.8% |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 400M | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | 71M | 58M | 56M | 83M | 3.2M | 3.4M | 3.3M | 9.3M | 25M | 39M | 25M | 22M | 21M |
| Debt Repayment | 1.9B | 2.9B | 1.5B | 1.7B | 2.3B | 2.8B | 1.9B | 2.1B | 953M | 204M | 0 | 1.2B | 1.2B |
| Balance Sheet | |||||||||||||
| Net Debt | 3.7B | 2.6B | 5.0B | 5.2B | 4.7B | 3.7B | 3.8B | 2.7B | 1.9B | 1.5B | 1.5B | 1.4B | 1.1B |
| Cash & Equiv. | 448K | 471K | 314K | 448K | 545K | 546K | 458K | 214M | 207K | 212M | 304M | 204K | 1.6M |
| Long-Term Debt | 3.1B | 2.7B | 4.1B | 4.1B | 3.9B | 3.2B | 3.0B | 2.7B | 1.8B | 1.8B | 1.1B | 1.2B | 819M |
| Debt/Equity | 1.10 | 0.98 | 0.93 | 0.92 | 1.18 | 1.59 | 2.33 | 1.42 | 0.67 | 0.48 | 0.46 | 0.34 | 0.25 |
| Interest Coverage | 7.0 | -5.3 | -3.8 | 1.4 | -7.5 | -10.4 | -2.8 | 2.7 | 9.4 | 9.8 | 3.1 | 8.9 | 8.9 |
| Equity | 3.5B | 2.8B | 5.4B | 5.8B | 4.1B | 2.3B | 1.6B | 2.1B | 2.9B | 3.8B | 3.9B | 4.3B | 4.6B |
| Total Assets | 8.7B | 6.9B | 11.3B | 11.7B | 9.7B | 6.6B | 6.1B | 6.7B | 6.6B | 7.2B | 7.3B | 7.4B | 7.4B |
| Total Liabilities | 5.2B | 4.1B | 5.9B | 6.0B | 5.6B | 4.3B | 4.5B | 4.6B | 3.7B | 3.4B | 3.4B | 3.1B | 2.8B |
| Intangibles | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | 1.1B | 318M | -117M | 196M | -1.6B | -3.3B | -4.0B | -3.6B | -2.5B | -1.7B | -1.5B | -909M | -592M |
| Working Capital | -69M | 87M | -421M | -326M | -153M | -139M | -417M | -416M | -481M | 287M | -553M | -217M | -303M |
| Current Assets | 570M | 439M | 282M | 429M | 602M | 428M | 290M | 737M | 540M | 870M | 721M | 444M | 376M |
| Current Liabilities | 640M | 352M | 703M | 755M | 755M | 567M | 707M | 1.2B | 1.0B | 583M | 1.3B | 661M | 679M |
| Per Share Data | |||||||||||||
| EPS | 3.79 | -4.29 | -2.75 | 1.34 | -7.10 | -6.92 | -2.95 | 1.61 | 4.69 | 3.57 | 1.09 | 2.74 | 3.44 |
| Owner EPS | 1.97 | -3.23 | -1.24 | 0.18 | 1.34 | -3.89 | -0.86 | 1.68 | 6.03 | 2.45 | 2.31 | 3.25 | 3.97 |
| Book Value | 21.01 | 16.58 | 28.51 | 23.49 | 16.50 | 9.46 | 6.79 | 8.37 | 11.68 | 15.70 | 16.19 | 18.02 | 17.08 |
| Cash Flow/Share | 5.92 | 4.15 | 2.04 | 3.32 | 4.03 | 2.75 | 1.11 | 3.18 | 7.57 | 4.08 | 3.88 | 4.89 | 4.71 |
| Dividends/Share | 0.16 | 0.16 | 0.08 | 0.08 | 0.08 | 0.08 | 0.00 | 0.00 | 0.16 | 0.32 | 0.32 | 0.36 | 0.33 |
| Shares Out. | 164.6M | 166.5M | 189.7M | 245.8M | 246.0M | 248.1M | 241.3M | 249.1M | 246.2M | 239.8M | 243.2M | 239.7M | 269.5M |
| Valuation | |||||||||||||
| P/E Ratio | 13.5 | N/A | N/A | 12.4 | N/A | N/A | N/A | 11.4 | 5.1 | 8.5 | 31.6 | 12.9 | 11.3 |
| P/FCF | 8.7 | 5.5 | 16.0 | 5.1 | 2.3 | 1.6 | 5.6 | 5.8 | 3.2 | 7.4 | 8.9 | 7.2 | N/A |
| EV/EBIT | 9.7 | N/A | N/A | 19.4 | N/A | N/A | N/A | 7.8 | 5.0 | 7.1 | 26.1 | 10.2 | N/A |
| Price/Book | 2.5 | 1.4 | 1.1 | 0.7 | 0.6 | 0.5 | 0.9 | 2.3 | 2.1 | 2.0 | 2.1 | 2.0 | 2.3 |
| Price/Sales | 5.1 | 4.3 | 5.9 | 2.1 | 1.1 | 0.6 | 0.7 | 1.3 | 1.6 | 2.1 | 3.3 | 2.9 | 3.0 |
| FCF Yield | 11.3% | 18.1% | 6.3% | 19.6% | 43.9% | 62.5% | 17.8% | 16.9% | 30.9% | 13.3% | 11.2% | 13.8% | N/A |
| Market Cap | 8.6B | 3.8B | 6.1B | 4.1B | 2.3B | 1.1B | 1.5B | 4.7B | 6.0B | 7.4B | 8.4B | 8.5B | 10.5B |
| Avg. Price | 73.94 | 41.32 | 34.08 | 22.15 | 14.57 | 6.75 | 5.63 | 14.37 | 26.70 | 28.36 | 32.20 | 37.06 | 38.97 |
| Year-End Price | 51.08 | 22.84 | 32.33 | 16.66 | 9.17 | 4.40 | 6.27 | 18.37 | 23.90 | 30.24 | 34.45 | 35.32 | 38.97 |
RANGE RESOURCES CORP passes 4 of 9 quality checks, suggesting mixed fundamentals.
RANGE RESOURCES CORP trades at 14.2x trailing earnings, compared to its 15-year median P/E of 11.9x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 8.0x vs a median of 5.7x. The company's 5-year average ROIC is 15.8% with a gross margin of 33.4%. Total shareholder yield (dividends) is 0.8%. At current prices, the estimated annualized return to fair value is +12.5%.
RANGE RESOURCES CORP (RRC) has a net profit margin of 21.1%. This is a strong margin indicating high profitability.
RANGE RESOURCES CORP (RRC) generated $1.2 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
RANGE RESOURCES CORP (RRC) has a debt-to-equity ratio of 0.34. This indicates a conservatively financed balance sheet.
RANGE RESOURCES CORP (RRC) reported earnings per share (EPS) of $2.74 in its most recent fiscal year.
RANGE RESOURCES CORP (RRC) has a return on equity (ROE) of 15.9%. This indicates the company generates strong returns for shareholders.
RANGE RESOURCES CORP (RRC) has a 5-year average gross margin of 33.4%. This indicates decent pricing power.
The Ledger Terminal provides 19 years of financial data for RANGE RESOURCES CORP (RRC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
RANGE RESOURCES CORP (RRC) has a book value per share of $18.02, based on its most recent annual SEC filing.
Based on recent SEC filings and earnings disclosures, Management expects production to increase meaningfully in the second half of 2026 as gathering and processing infrastructure expansions come online mid-year, reaching 2.5 Bcfe per day by year-end and 2.6 Bcfe per day in 2027, supported by approximately 900,000 lateral feet of drilled-but-uncompleted inventory to be turned to sales. The company anticipates strong demand tailwinds from growing LNG export capacity (approaching 20 Bcf per day and expected to exceed 30 Bcf per day by 2031), increased ethane and propane export capacity, and emerging in-basin demand from power generation and data center projects, which should support improved pricing fundamentals and NGL differentials. Range plans to maintain capital discipline with a reinvestment rate below 30%, enabling continued free cash flow generation and shareholder returns through share repurchases and modest dividend growth, while retaining operational flexibility to adjust activity levels based on commodity price cycles and market conditions. The company expects to benefit from contractual certainty on service costs and day rates locked in for 2026, positioning it to capture value from improving export fundamentals and international demand growth.
Based on recent SEC filings and earnings calls, RANGE RESOURCES CORP (RRC) has provided the following forward guidance: Production: 2.5 Bcfe per day (FY2026 year-end); Production: 2.6 Bcfe per day (FY2027); Capital expenditure: $650 million to $700 million (FY2027); Quarterly dividend increase: $0.01 per share (11% increase) (Next announcement).
No recent press releases.