7.65BMarket Cap15.87P/E (TTM)
32.050High31.180Low2.74MVolume31.880Open31.790Pre Close86.83MTurnover1.16%Turnover Ratio8.85P/E (Static)242.09MShares39.24352wk High1.98P/B7.48BFloat Cap27.47152wk Low0.32Dividend TTM237.01MShs Float90.460Historical High1.01%Div YieldTTM2.74%Amplitude0.880Historical Low31.664Avg Price1Lot Size
Range Resources Stock Forum
No matter what, price will go down soon.
It may hit 37$ but that is the point where it stops and ⬇️
Gap Ups
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Maintain our OW rating and raise our PT (NAV based) to $33 from $31. We expect RRC to be nearly FCF neutral this quarter despite gas macro weakness, aided by RRC's low decline asset base and prudent hedging strategy.
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1. Activity Cadence and Hedging Update. RRC is currently running 3 rigs in the Marcellus, but plans to drop two of them by Q4'23. Public data shows 11 / 6 gross spuds / completions through 6/30/2...
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