Range Resources Corp (RRC)
🔔 Watch stock
symbol.quality_heading
The business works in principle, but one material question is open. As long as it stays open, our findings do not carry a quality verdict.
The business clearly works: low production costs, more than twenty years of reserves, three consecutive profitable years, a balance sheet with roughly 62 percent equity, and interest expense that fell to $14.4 million per quarter after the 8.25 percent notes were retired in January 2026. There is no substance finding — no going concern issue, no customer concentration, no accounting or governance red flag. What remains open is the operational core question of earning power: net income swung between $266.3 million and $871.1 million within three years on essentially identical volumes, and as of June 30, 2026 just over a quarter of projected gas production was hedged. The retained deficit of $419.9 million also shows the company has lost more than it has earned across its history. Hence yellow: proven quality in execution, unproven consistency in results. The decision is yours.
symbol.quality_note
As of July 26, 2026, our in-house stock scanner lists Range Resources on 18 screens, among them the Piotroski balance sheet test with a score of 8 of 9. The numbers behind it are real: $1,171.3 million of operating cash flow in 2025, $537.0 million of net income in the first half of 2026 alone, an expensive $600 million bond retired in January 2026. But that test measures only what already happened. The quarterly report filed July 21, 2026, carries the sentence that shows what is still open: as of June 30, 2026 barely more than a quarter of projected gas production for the rest of the year was hedged — the rest rides the spot price. A good grade for yesterday is not a promise for tomorrow.
Read the analysis
Stock Watch
This analysis is as of July 26, 2026. Stock Watch will tell you what's changed at RRC since then.
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Appears in These Scanners
This stock currently matches 13 of our scanner strategies — each hit links to the scanner.
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Trading Day
Key levels of the most recently completed trading day — not a live quote.
52-Week Range
Current price 40.10 $ — 49% of the range above the low.
Lowest and highest closing price over the last 52 weeks. The marker shows where the current price sits within that range: close to the high speaks for strength, close to the low for weakness.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 08/03/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
Quality & Screener
AI Rating
NeutralIn den sechs geprüften SEC-Berichten von Range Resources (zwei Geschäftsberichte 10-K, vier Quartalsberichte 10-Q) taucht künstliche Intelligenz genau einmal auf — im Geschäftsbericht für 2025 als Verstärker von Cyberangriffen unter den allgemeinen Risikofaktoren. Es gibt keine KI-Umsatzquelle, kein KI-Produkt, keinen belegten operativen KI-Einsatz und kein konkretes KI-Risiko für die Erdgasförderung; damit bleibt es beim dokumentierten Negativ-Befund.
View the full file — quotes, sources, reviewed filings
Filings Reviewed: 10-Q 2026-07-21 · 10-Q 2026-04-21 · 10-Q 2025-10-28 · 10-Q 2025-07-22 · 10-K 2026-02-24 · 10-K 2025-02-25
Rated on July 26, 2026 · How the Rating Is Built
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Analysts & Price Target
The price target sits 13.2% above the current price.
- Consensus
- Sell
- Analyst Ratings
- 26
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 4.14 | 3.55 – 5.23 | 3,600 | 38.0% | 21 |
| 12/31/2027 | 4.00 | 2.94 – 5.24 | 3,737 | -3.4% | 23 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Next Reporting Date
- Expected Earnings per Share
- 0.81 $
Expected date of the next quarterly or annual figures. Dates do shift occasionally — only the invitation issued by the company is binding.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
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· Total · per year
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The figures could not be loaded right now.
Source: fundamental data
Quarterly Figures
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 0.39 | -69.50 | 626 | -33.50 | 15.10 | 218 | 68 |
| 2025: Q1 | 0.40 | 5.60 | 691 | 7.00 | 14.10 | 330 | 173 |
| 2025: Q2 | 0.99 | 739.00 | 856 | 61.50 | 27.70 | 336 | 177 |
| 2025: Q3 | 0.60 | 189.20 | 749 | 21.70 | 19.30 | 248 | 564 |
| 2025: Q4 | 0.75 | 90.80 | 820 | 30.90 | 21.80 | 258 | 103 |
| 2026: Q1 | 1.45 | 260.00 | 1,034 | 49.80 | 33.00 | 619 | 453 |
| 2026: Q2 | 0.83 | -16.20 | 834 | -2.70 | 23.40 | 235 | 235 |
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Annual Figures
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2016 | 1,361 | -236 | -521 | -2.75 | 387 | 5,408 | 11,282 |
| 2017 | 2,398 | 327 | 333 | 1.36 | 816 | 5,774 | 11,729 |
| 2018 | 3,334 | 655 | -1,746 | -7.09 | 991 | 4,059 | 9,708 |
| 2019 | 2,601 | 101 | -1,716 | -6.92 | 682 | 2,347 | 6,612 |
| 2020 | 1,781 | -199 | -712 | -2.95 | 269 | 1,638 | 6,137 |
| 2021 | 3,580 | 1,376 | 412 | 1.65 | 793 | 2,086 | 6,661 |
| 2022 | 5,331 | 2,993 | 1,183 | 4.80 | 1,865 | 2,876 | 6,626 |
| 2023 | 2,541 | 563 | 871 | 3.63 | 978 | 3,766 | 7,204 |
| 2024 | 2,347 | 354 | 266 | 1.10 | 945 | 3,937 | 7,348 |
| 2025 | 2,994 | 836 | 658 | 2.74 | 1,171 | 4,319 | 7,422 |
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Assessment: Opportunities & Risks
Range produces cheaply and steadily: 2.24 billion cubic feet equivalent per day on average in 2025 after 2.18 billion in 2024, with direct operating expense of $0.13 per mcfe in the second quarter of 2026. 53 net wells drilled in 2025 at a 100 percent success rate, and 18.1 Tcfe of proved reserves as of December 31, 2025 — more than twenty years of inventory on paper. The largest purchaser accounted for 10 percent of production revenue in 2025, after 15 percent in 2024.
Net income swung from $871.1 million (2023) to $266.3 million (2024) and back to $658.0 million (2025) on essentially unchanged volumes. That is not operational weakness; it is the design of the business — earning power is not plannable. The retained deficit of $419.9 million as of June 30, 2026 shows the company has still lost more than it has earned across its entire history.
As of June 30, 2026, $881.0 million of debt faced stockholders' equity of $4,708.7 million, an equity ratio of roughly 62 percent and an Altman Z-score of 5.55 (data as of July 24, 2026). The 4.875 percent notes were repaid in May 2025 and the 8.25 percent notes worth $600 million redeemed early in January 2026. Interest expense fell to $14.4 million in the second quarter of 2026 from $26.8 million a year earlier.
As of June 30, 2026, the quarterly report puts hedged volumes at more than 25 percent of projected gas production for the rest of the year — close to three quarters runs unhedged. On top of that, cash on hand was $247,000, and the reported $1.5 billion of liquidity is a credit line whose $3.0 billion borrowing base is redetermined annually against expected cash flows. If the gas price falls, both shrink together.
In 2025 the company spent $230.6 million on buybacks (6.4 million shares) and $85.7 million on dividends ($0.36 per share, up 12.5 percent). The first half of 2026 added $105.5 million of buybacks and $47.5 million of dividends. The payout ratio stood at only 10.6 percent as of July 24, 2026. In February 2026 the board raised the repurchase program to an aggregate $1.5 billion; roughly $1.4 billion of it was still available as of June 30, 2026.
As of July 24, 2026, price to earnings sat at roughly 9.6, price to book at 1.9 and EV/EBITDA at roughly 6.1 — not expensive for a producer with this balance sheet. The documented price anchor from the company's own second-quarter 2026 repurchases is $39.20 per share. Against that stand 11.98 percent of the free float sold short and a consensus target of $46.59 from 26 analysts.
Range Resources is neither a turnaround case nor a growth story, but a cleanly run natural gas producer carrying an open bet in its belly. The documented strengths are real: $1,171.3 million of operating cash flow in 2025, $537.0 million of net income in the first half of 2026 alone, an equity ratio of roughly 62 percent, the expensive 8.25 percent notes retired in January 2026, plus buybacks and a growing dividend. Against that: as of June 30, 2026 only just over a quarter of projected gas production was hedged, cash on hand was $247,000, and net income fell by more than two thirds between 2023 and 2024 without anyone making a mistake. Whoever buys here buys a good company and an unhedged commodity position in the same package. Not investment advice.
- Range Resources reached our research list through our in-house stock scanner, specifically the Piotroski F-Score (7–9) screen with a score of 8 of 9. As of July 26, 2026 the stock appeared on 18 screens in total, including the P/E ranking, value stocks, Levermann, the Buffett criteria, Terry Smith quality, QARP and Benjamin Graham's defensive investor — and at the same time on Stan Weinstein Stage 1, meaning the basing phase without an uptrend. The U.S. selection of the Piotroski screen held 16 names at that date. All screens are recalculated daily.
- Mistaken identity: SEC records up to July 16, 1998 carry the name Lomak Petroleum Inc. That is the same company under the same file number (CIK 0000315852) — there was no bankruptcy restart and no successor entity, so the series run straight through. Also not to be confused: Range Resources produces and does not transport; gathering and pipeline companies with similar names in the gas business are separate firms with a different business model.
- Valuation figures are dated and evergreen: the $39.20 price anchor is not a daily quote but the average price of the company's own share repurchases in the second quarter of 2026 ($78.4 million for 2.0 million shares, documented in the quarterly report filed July 21, 2026). The annual report cites a price range of $22.61 to $43.50 for 2023 through 2025. Metrics and analyst estimates carry an as-of date of July 24, 2026. Analyses are evergreen; daily prices are not a reason to buy.
About the Company
Range Resources Corporation ist ein unabhängiges Unternehmen für Erdgas, Erdgasflüssigkeiten (NGLs) und Öl in den USA. Das Unternehmen ist in der Exploration, Erschließung und Akquisition von Erdgas-, NGL- und Ölvorkommen in der Appalachian-Region tätig.
| Employees | 564 |
|---|---|
| Headquarters | Fort Worth, TX |
| Address | 100 Throckmorton Street, 76102 Fort Worth, United States |
| Phone | 817 870 2601 |
| Website | rangeresources.com |
| IPO Date | 28. Dec 1992 |
| ISIN | US75281A1097 |
| Stock Split | 3:2 on 12/05/2005 |
Management
| Name | Title | Birth Year |
|---|---|---|
| Dennis L. Degner A.C.A. | CEO, President & Director | 1973 |
| Mark S. Scucchi CPA | Executive VP & CFO | 1978 |
| Laith Sando | Senior Vice President of Corporate Strategy & Investor Relations | – |
| Erin W. McDowell | Senior VP, General Counsel & Corporate Secretary | 1979 |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Chart
Interactive price chart (TradingView).
Data as of: July 31, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.