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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Gross Margin
Range Resources Corp

90.1%
Current
89%
Average
34.2%
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 8.3B USD
Gross Margin
90%
Country US
Market Cap 125.3B USD
Gross Margin
47%
Country CN
Market Cap 791.7B CNY
Gross Margin
48%
Country US
Market Cap 68B USD
Gross Margin
62%
Country CA
Market Cap 91.9B CAD
Gross Margin
50%
Country US
Market Cap 46.3B USD
Gross Margin
72%
Country US
Market Cap 46B USD
Gross Margin
51%
Country US
Market Cap 40.3B USD
Gross Margin
76%
Country AU
Market Cap 46B AUD
Gross Margin
45%
Country US
Market Cap 25.8B EUR
Gross Margin
92%
Country US
Market Cap 26.8B USD
Gross Margin
93%
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

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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%.