Range Resources Corp
NYSE:RRC

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Range Resources Corp
NYSE:RRC
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Price: 34.57 USD -0.37% Market Closed
Market Cap: 8.3B USD
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Range Resources Corp
Operating Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Range Resources Corp
Operating Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Income CAGR 3Y CAGR 5Y CAGR 10Y
Range Resources Corp
NYSE:RRC
Operating Income
$464.7m
CAGR 3-Years
-11%
CAGR 5-Years
8%
CAGR 10-Years
-3%
Hess Corp
NYSE:HES
Operating Income
$4.6B
CAGR 3-Years
48%
CAGR 5-Years
46%
CAGR 10-Years
9%
EOG Resources Inc
NYSE:EOG
Operating Income
$9.1B
CAGR 3-Years
28%
CAGR 5-Years
16%
CAGR 10-Years
6%
Texas Pacific Land Corp
NYSE:TPL
Operating Income
$530.5m
CAGR 3-Years
22%
CAGR 5-Years
6%
CAGR 10-Years
27%
Diamondback Energy Inc
NASDAQ:FANG
Operating Income
$4.5B
CAGR 3-Years
14%
CAGR 5-Years
28%
CAGR 10-Years
36%
Conocophillips
NYSE:COP
Operating Income
$14.1B
CAGR 3-Years
25%
CAGR 5-Years
16%
CAGR 10-Years
3%
No Stocks Found

Range Resources Corp
Glance View

Market Cap
8.3B USD
Industry
Energy
Economic Moat
None

Range Resources Corporation stands as a noteworthy entity in the energy sector, focusing primarily on the exploration and production of natural gas, natural gas liquids (NGLs), and oil. Founded in 1976 and headquartered in Fort Worth, Texas, the company has carved out a significant presence in the Appalachian Basin, particularly in the Marcellus Shale, which is renowned for its abundant natural gas reserves. The extraction of these resources from deep underground involves advanced hydraulic fracturing techniques, propelling Range Resources to the forefront of technological innovation in the industry. This focus on leveraging cutting-edge technology allows the company to efficiently access reserves that were previously seen as too challenging or unprofitable, thus cementing its place as a leader in the natural gas sector. The crux of Range Resources’ business model hinges on its ability to produce and sell these energy resources at a profit. Their strategy emphasizes cost-effective operations and disciplined capital spending, which help the company maintain competitive in a fluctuating market environment. By optimizing well designs and focusing on high-return projects, Range Resources seeks to maximize its output and efficiency. Once extracted, the natural gas, along with its associated liquids, is transported to market hubs and sold to utilities, industrial users, and other companies that rely on these energy sources. Revenue generation thus depends heavily on commodity prices, operational efficiency, and their strategic presence in resource-rich regions. This meticulous approach enables Range Resources to remain financially viable while contributing significantly to meeting the energy demands of modern society.

RRC Intrinsic Value
33.23 USD
Overvaluation 4%
Intrinsic Value
Price

See Also

What is Range Resources Corp's Operating Income?
Operating Income
464.7m USD

Based on the financial report for Sep 30, 2024, Range Resources Corp's Operating Income amounts to 464.7m USD.

What is Range Resources Corp's Operating Income growth rate?
Operating Income CAGR 10Y
-3%

Over the last year, the Operating Income growth was -64%. The average annual Operating Income growth rates for Range Resources Corp have been -11% over the past three years , 8% over the past five years , and -3% over the past ten years .

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