Range Resources Corp
NYSE:RRC

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Range Resources Corp
NYSE:RRC
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Price: 35.72 USD 0.42% Market Closed
Market Cap: 8.6B USD
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Gross Margin
Range Resources Corp

90.1%
Current
89%
Average
34.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
90.1%
=
Gross Profit
2.6B
/
Revenue
2.9B

Gross Margin Across Competitors

Country US
Market Cap 8.6B USD
Gross Margin
90%
Country US
Market Cap 128.6B USD
Gross Margin
47%
Country CN
Market Cap 724.9B CNY
Gross Margin
45%
Country US
Market Cap 77B USD
Gross Margin
62%
Country CA
Market Cap 102.9B CAD
Gross Margin
50%
Country US
Market Cap 54.2B USD
Gross Margin
72%
Country US
Market Cap 46B USD
Gross Margin
51%
Country US
Market Cap 45.8B USD
Gross Margin
76%
Country US
Market Cap 39.8B USD
Gross Margin
93%
Country AU
Market Cap 48.2B AUD
Gross Margin
45%
Country US
Market Cap 27.4B USD
Gross Margin
56%
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Range Resources Corp
Glance View

Market Cap
8.6B USD
Industry
Energy

Range Resources Corp. is a prominent player in the natural gas and natural gas liquids industry, primarily operating in the Appalachian Basin, particularly in the Marcellus Shale region of Pennsylvania. Established in the mid-1970s, the company has developed a strong reputation for its expertise in resource extraction and management, leveraging advanced drilling techniques and technology to optimize production. With a focus on sustainability and efficient operations, Range has positioned itself to capitalize on the increasing demand for cleaner energy sources, making it a compelling option for investors looking for exposure to the natural gas sector as the world transitions towards lower carbon emissions. What sets Range Resources apart is its robust asset base and strategic approach to capital investment. The company has amassed a significant number of drilling locations, allowing it to maintain strong production levels even in fluctuating market conditions. Range’s commitment to operational efficiency not only enhances profitability but also supports its solid balance sheet, enabling it to navigate challenges in the energy market effectively. As the landscape of energy production evolves, Range Resources Corp. stands out as a dynamic force, underpinned by a business model that emphasizes long-term growth, environmental responsibility, and financial discipline, making it an attractive consideration for investors seeking stable, growth-oriented opportunities in the energy sector.

RRC Intrinsic Value
35.78 USD
Fairly Valued
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
90.1%
=
Gross Profit
2.6B
/
Revenue
2.9B
What is the Gross Margin of Range Resources Corp?

Based on Range Resources Corp's most recent financial statements, the company has Gross Margin of 90.1%.