Tearsheet

Range Resources (RRC)


Market Price (2/28/2026): $41.21 | Market Cap: $9.7 Bil
Sector: Energy | Industry: Oil & Gas Exploration & Production

Range Resources (RRC)


Market Price (2/28/2026): $41.21
Market Cap: $9.7 Bil
Sector: Energy
Industry: Oil & Gas Exploration & Production

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.2%, FCF Yield is 5.5%
Trading close to highs
Dist 52W High is -4.0%, Dist 3Y High is -4.0%
Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27%
Weak multi-year price returns
2Y Excs Rtn is -0.1%
Key risks
RRC key risks include [1] its heavy revenue dependence of approximately 70% on volatile natural gas prices, Show more.
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%
  
3 Low stock price volatility
Vol 12M is 38%
  
4 Megatrend and thematic drivers
Megatrends include US Energy Independence. Themes include US LNG.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.2%, FCF Yield is 5.5%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%
3 Low stock price volatility
Vol 12M is 38%
4 Megatrend and thematic drivers
Megatrends include US Energy Independence. Themes include US LNG.
5 Trading close to highs
Dist 52W High is -4.0%, Dist 3Y High is -4.0%
6 Weak multi-year price returns
2Y Excs Rtn is -0.1%
7 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%
8 Key risks
RRC key risks include [1] its heavy revenue dependence of approximately 70% on volatile natural gas prices, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Range Resources (RRC) stock has gained about 15% since 10/31/2025 because of the following key factors:

1. Range Resources reported a robust performance in its fourth quarter of 2025, significantly exceeding analyst expectations with an adjusted earnings per share of $0.82, a 13.89% beat against the consensus of $0.72. Revenue also surpassed estimates, reaching $820.16 million, which was a 9.17% beat and a 31% increase year-over-year.

2. The company demonstrated a strong commitment to shareholder returns by increasing its quarterly cash dividend by 11.1% to $0.10 per share and expanding its share repurchase authorization to $1.5 billion. In the fourth quarter alone, Range repurchased 1.5 million shares at an average price of approximately $36.23.

Show more

Stock Movement Drivers

Fundamental Drivers

The 16.4% change in RRC stock from 10/31/2025 to 2/27/2026 was primarily driven by a 10.5% change in the company's Net Income Margin (%).
(LTM values as of)103120252272026Change
Stock Price ($)35.4641.2816.4%
Change Contribution By: 
Total Revenues ($ Mil)2,8782,9883.8%
Net Income Margin (%)19.9%22.0%10.5%
P/E Multiple14.714.81.0%
Shares Outstanding (Mil)2372360.5%
Cumulative Contribution16.4%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 2/27/2026
ReturnCorrelation
RRC16.4% 
Market (SPY)0.6%5.3%
Sector (XLE)26.9%47.3%

Fundamental Drivers

The 13.0% change in RRC stock from 7/31/2025 to 2/27/2026 was primarily driven by a 27.8% change in the company's Net Income Margin (%).
(LTM values as of)73120252272026Change
Stock Price ($)36.5441.2813.0%
Change Contribution By: 
Total Revenues ($ Mil)2,7872,9887.2%
Net Income Margin (%)17.2%22.0%27.8%
P/E Multiple18.114.8-18.2%
Shares Outstanding (Mil)2382360.8%
Cumulative Contribution13.0%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 2/27/2026
ReturnCorrelation
RRC13.0% 
Market (SPY)8.8%18.0%
Sector (XLE)29.3%50.3%

Fundamental Drivers

The 12.5% change in RRC stock from 1/31/2025 to 2/27/2026 was primarily driven by a 29.4% change in the company's Total Revenues ($ Mil).
(LTM values as of)13120252272026Change
Stock Price ($)36.6841.2812.5%
Change Contribution By: 
Total Revenues ($ Mil)2,3082,98829.4%
Net Income Margin (%)20.9%22.0%5.6%
P/E Multiple18.314.8-19.2%
Shares Outstanding (Mil)2412362.0%
Cumulative Contribution12.5%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2025 to 2/27/2026
ReturnCorrelation
RRC12.5% 
Market (SPY)15.0%43.3%
Sector (XLE)30.8%63.1%

Fundamental Drivers

The 70.1% change in RRC stock from 1/31/2023 to 2/27/2026 was primarily driven by a 221.1% change in the company's P/E Multiple.
(LTM values as of)13120232272026Change
Stock Price ($)24.2641.2870.1%
Change Contribution By: 
Total Revenues ($ Mil)5,4102,988-44.8%
Net Income Margin (%)23.3%22.0%-5.5%
P/E Multiple4.614.8221.1%
Shares Outstanding (Mil)2402361.5%
Cumulative Contribution70.1%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2023 to 2/27/2026
ReturnCorrelation
RRC70.1% 
Market (SPY)75.0%35.8%
Sector (XLE)36.5%58.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
RRC Return166%41%23%19%-1%11%505%
Peers Return10465%40%20%40%7%6%28125%
S&P 500 Return27%-19%24%23%16%1%84%

Monthly Win Rates [3]
RRC Win Rate58%58%58%58%58%100% 
Peers Win Rate55%65%52%53%52%70% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
RRC Max Drawdown0%-1%-8%-8%-11%-5% 
Peers Max Drawdown-2%-5%-17%-10%-13%-9% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: EQT, CTRA, AR, CNX, GPOR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/27/2026 (YTD)

How Low Can It Go

Unique KeyEventRRCS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-38.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven61.8%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven230 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-60.0%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven150.0%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven40 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-90.7%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven972.4%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven961 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-64.2%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven179.2%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1,602 days1,480 days

Compare to EQT, CTRA, AR, CNX, GPOR

In The Past

Range Resources's stock fell -38.2% during the 2022 Inflation Shock from a high on 6/7/2022. A -38.2% loss requires a 61.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Range Resources (RRC)

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties. As of December 31, 2021, the company owned and operated 1,350 net producing wells and approximately 794,000 net acres under lease located in the Appalachian region of the northeastern United States. It markets and sells natural gas and NGLs to utilities, marketing and midstream companies, and industrial users; petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.

AI Analysis | Feedback

  • An independent oil and gas producer, similar to a more natural gas-focused **ConocoPhillips** or **EOG Resources**, operating primarily in the Appalachian Basin.
  • Like **Pioneer Natural Resources**, but specialized in natural gas and liquids in the Marcellus Shale.

AI Analysis | Feedback

  • Natural Gas: A clean-burning fossil fuel extracted from underground reservoirs, primarily used for power generation, heating, and industrial processes.
  • Natural Gas Liquids (NGLs): A group of hydrocarbons, including ethane, propane, and butane, that are separated from natural gas and used as feedstocks for petrochemicals, heating, and transportation fuel.
  • Crude Oil/Condensate: Light liquid hydrocarbons produced alongside natural gas, which are refined into various petroleum products like gasoline and diesel.

AI Analysis | Feedback

Range Resources (symbol: RRC) primarily sells its natural gas and natural gas liquids (NGLs) to other companies, rather than directly to individuals.

Based on their SEC filings, Range Resources' major customers fall into the following categories:

  • Natural Gas Gatherers and Marketers: These companies purchase natural gas directly from Range Resources' wells, primarily within the Appalachian Basin, for further processing, transportation, and eventual sale to utilities, industrial users, or other end-users.
  • Integrated Major Oil and Gas Companies: These large energy companies purchase NGLs (such as ethane, propane, and butane) for use in their downstream refining and petrochemical operations or for resale.
  • Chemical Companies: These companies utilize NGLs as feedstocks for their manufacturing processes to produce plastics, chemicals, and other products.
  • NGL Marketers: Specialized companies that buy NGLs from producers and sell them into various domestic and international markets.

It's important to note that Range Resources' 2023 Annual Report on Form 10-K indicates a concentration of sales to a limited number of customers, with approximately 13% of total revenue attributable to one customer and approximately 10% to a second customer. However, the specific names of these major customers are not publicly disclosed in their SEC filings due to competitive and confidentiality reasons, and therefore cannot be provided with their symbols.

AI Analysis | Feedback

Major Suppliers of Range Resources (RRC):

  • Energy Transfer (ET)
  • Williams Companies (WMB)
  • TC Energy (TRP)
  • EnLink Midstream (ENLC)

AI Analysis | Feedback

Dennis L. Degner, Chief Executive Officer and President

Mr. Degner joined Range in 2010 and was named Chief Executive Officer effective May 10, 2023. He previously served as the company's Chief Operating Officer and has over 20 years of oil and gas experience, having worked in various technical and managerial positions across the United States. Prior to joining Range, Mr. Degner held positions with EnCana, Sierra Engineering, and Halliburton. He holds a Bachelor of Science Degree in Agricultural Engineering from Texas A&M University. Mr. Degner was instrumental in the discovery and development of the Marcellus Shale in Appalachia.

Mark S. Scucchi, Executive Vice President – Chief Financial Officer

Mr. Scucchi joined Range in 2008 and previously served as Vice President – Finance & Treasurer. Before joining Range, he was with JPMorgan Securities, where he provided commercial and investment banking services to small and mid-cap technology companies. Prior to JPMorgan, Mr. Scucchi spent several years at Ernst & Young LLP in the audit practice. He earned a Bachelor of Science in Business Administration from Georgetown University and a Master of Science in Accountancy from the University of Notre Dame. Mr. Scucchi is a CFA Charterholder and a CPA licensed in the state of Texas.

Laith K. Sando, Senior Vice President – Corporate Strategy & Investor Relations

Mr. Sando joined Range in 2002. He held numerous accounting and finance positions before being promoted to Vice President – Investor Relations in 2016. Since 2016, Mr. Sando has overseen Range's hedge committee and assumed responsibility for corporate communications in 2023. He holds a Bachelor of Business Administration from Texas Wesleyan University and a Master of Business Administration in Finance from The University of Texas at Arlington.

Erin W. McDowell, Senior Vice President – General Counsel & Corporate Secretary

Ms. McDowell joined Range in January 2015 as Division Counsel for the Appalachia Division. She was promoted to Vice President Deputy General Counsel & Assistant Corporate Secretary before her appointment as General Counsel and Corporate Secretary in March 2023. Ms. McDowell has nearly 20 years of experience.

Ashley S. Kavanaugh, Vice President – Controller & Principal Accounting Officer

Ms. Kavanaugh joined Range in 2012. She held the positions of Financial Reporting Manager and Director before being promoted to Vice President – Accounting in 2021. Prior to Range, Ms. Kavanaugh served in various roles of increasing responsibility within the oil and gas practice at Ernst & Young LLP, beginning in 2004, including Assurance Manager. She graduated magna cum laude from Baylor University with a Bachelor of Business Administration and a Master of Accountancy and is a certified public accountant.

AI Analysis | Feedback

The key risks to Range Resources (RRC) business are primarily centered on commodity price volatility, regulatory and environmental factors, and operational demands.

  1. Natural Gas Price Volatility: Range Resources is heavily reliant on natural gas prices, with approximately 70% of its revenues tied to this commodity. Natural gas prices are subject to significant fluctuations due to market dynamics, weather patterns, and global energy transitions. A sustained period of low natural gas prices, especially below the company's estimated free cash flow breakeven of $2/MMBtu, can materially impact its ability to generate free cash flow, reinvest in growth, or maintain shareholder returns.
  2. Regulatory and Environmental Risks: The company operates in a sector subject to stringent environmental regulations and policies. Compliance with these regulations incurs capital, operating, and remediation expenditures. Additionally, decarbonization trends and advances in renewable energy sources threaten long-term natural gas demand and earnings, putting pressure on traditional energy producers like Range Resources. Local government ordinances, such as increased setback distances for drilling operations, can also limit future operational opportunities.
  3. Operational Challenges and Capital Expenditure Requirements: Range Resources' operations are capital-intensive, requiring significant investment in exploration, development, and production activities to maintain production levels and replace reserves. Operational challenges, such as drilling delays or cost overruns, can impact capital expenditure requirements and strain financial resources, posing a threat to the company's growth and profitability.

AI Analysis | Feedback

The accelerated global energy transition away from fossil fuels, driven by increasingly stringent climate policies and the rapid growth and cost competitiveness of renewable energy sources (e.g., solar, wind) and battery storage, poses a clear emerging threat to the long-term demand for natural gas, Range Resources' primary product. This systemic shift could lead to decreased future demand, increased regulatory costs, and potential asset stranding as economies decarbonize and electrify.

AI Analysis | Feedback

Range Resources Corporation (symbol: RRC) primarily operates as a natural gas and natural gas liquids (NGL) producer, with a smaller portion of its reserves in petroleum. The company's operations are concentrated in the Appalachian Basin of the northeastern United States, specifically in the Marcellus Shale in Pennsylvania. Here are the addressable market sizes for their main products:

Natural Gas

  • The market size of natural gas distribution in the U.S. was valued at approximately USD 174.7 billion in 2024 and is projected to reach USD 222.5 billion in 2025.
  • U.S. natural gas consumption, including exports, is forecasted to rise from a record 111.5 billion cubic feet per day (bcfd) in 2024 to 115.7 bcfd in 2025 and 117.7 bcfd in 2026.

Natural Gas Liquids (NGLs)

  • The U.S. Natural Gas Liquids market size was estimated at USD 4.65 billion in 2023 and is expected to grow from USD 5 billion in 2024 to USD 9.5 billion by 2035.
  • The North American Natural Gas Liquids (NGL) market is estimated to grow from USD 7.08 billion in 2024 to USD 11.53 billion in 2033.
  • Globally, the Natural Gas Liquids market size was estimated at USD 17.54 billion in 2024 and is projected to grow to USD 23.07 billion by 2032.

Petroleum (Oil)

While Range Resources has a small percentage of its reserves in petroleum (1%), it contributes to the broader U.S. oil and gas market.

  • The U.S. oil and gas market was valued at USD 453.2 billion in 2024, is expected to reach USD 474.5 billion in 2025, and is projected to be worth USD 665.5 billion by 2033.
  • Another estimate values the U.S. oil & gas market size at USD 1.55 trillion in 2024, growing to USD 1.61 trillion in 2025, and projected to reach around USD 2.24 trillion by 2034.

AI Analysis | Feedback

Range Resources (RRC) is poised for future revenue growth over the next 2-3 years, driven by a combination of increased production volumes, favorable commodity price outlooks, continued capital efficiency, and strategic market diversification with enhanced export capabilities. Here are the key drivers: * Increased Production Volumes: Range Resources anticipates modest production growth in 2025, with plans to significantly ramp up output in 2026 and 2027. The company expects to average approximately 2.23 Bcfe per day in 2025 and is targeting a daily production level of 2.6 Bcfe by 2027, representing an approximate 20% increase from current levels. This growth is supported by ongoing drilling activities and the strategic building of "in-process" well inventory. * Favorable Natural Gas and NGL Prices: Future revenue growth is expected to benefit from an improving outlook for natural gas prices, with the natural gas strip for 2026 currently projected to be higher than 2025. Analysts and company estimates suggest a long-term natural gas price of around $3.75 NYMEX. Additionally, Range Resources benefits from strong Natural Gas Liquid (NGL) realizations, which have consistently achieved premiums over the Mont Belvieu Index. The company's diversified commodity mix and sales strategy have historically created a price premium for its production. * Enhanced Capital Efficiency and Cost Management: Range Resources emphasizes its disciplined capital allocation and operational efficiencies, which contribute to a low capital reinvestment rate. The company's 2025 capital budget of $650 million to $680 million is designed to support production growth while maintaining cost effectiveness. This focus on efficiency, including new drilling and completion records, allows for sustained value creation even in varying commodity price environments. * Strategic Market Diversification and Export Capacity: Range Resources is strategically positioning itself to capitalize on increasing demand for natural gas, both domestically and internationally. The company has secured additional natural gas processing and takeaway capacity, including pipeline transportation to the Midwest and Gulf Coast, and NGL export capacity on the East Coast. This expansion into diverse end markets, particularly the growing LNG export market, is expected to drive demand for Range's products and support higher price realizations.

AI Analysis | Feedback

Share Repurchases

  • Range Resources had approximately $1.1 billion of availability under its share repurchase program as of year-end 2023, with about $1.0 billion remaining as of Q3 2024.
  • The company repurchased $19 million in shares during 2023.
  • In 2024, Range invested $65 million in share repurchases, and year-to-date through Q2 2025, total repurchases amounted to $120 million, with an additional $56.25 million (1,580,711 shares) repurchased in Q3 2025.

Share Issuance

No information available for significant share issuances by the company over the last 3-5 years. Shares outstanding generally declined, indicating net repurchases.

Inbound Investments

No information available for large inbound investments made in the company by third-parties over the last 3-5 years. Institutional investors have adjusted their holdings, but this represents market activity rather than direct company investment.

Outbound Investments

No information available for instances where the company made a strategic investment in another company over the last 3-5 years.

Capital Expenditures

  • Total capital budget expenditures were $492 million in 2022, $614 million in 2023, and $654 million in 2024.
  • Expected capital expenditures for 2025 are between $650 million and $690 million.
  • The primary focus of capital expenditures includes drilling and completion, maintenance capital, investment in acreage and gathering facilities, and strategic investments for future growth and environmental initiatives like pneumatic device upgrades.

Better Bets vs. Range Resources (RRC)

Trade Ideas

Select ideas related to RRC.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
TPL_12262025_Dip_Buyer_ValueBuy12262025TPLTexas Pacific LandDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
77.5%77.5%-2.1%
NOV_12122025_Insider_Buying_GTE_1Mil_EBITp+DE_V212122025NOVNOVInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
23.0%23.0%-6.5%
RIG_12122025_Insider_Buying_GTE_1Mil_EBITp+DE_V212122025RIGTransoceanInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
55.2%55.2%-7.0%
WHD_11212025_Dip_Buyer_ValueBuy11212025WHDCactusDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
41.3%41.3%0.0%
OVV_10172025_Dip_Buyer_FCFYield10172025OVVOvintivDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
38.2%38.2%0.0%
RRC_12312022_Dip_Buyer_FCFYield12312022RRCRange ResourcesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
18.2%23.1%-8.3%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

RRCEQTCTRAARCNXGPORMedian
NameRange Re.EQT Coterra .Antero R.CNX Reso.Gulfport. 
Mkt Price41.2861.4230.5936.8141.78208.6641.53
Mkt Cap9.838.423.311.45.73.810.6
Rev LTM2,9888,3537,0815,0142,1421,2534,001
Op Inc LTM8653,0142,202830784438848
FCF LTM5332,8381,4481,243534307889
FCF 3Y Avg4081,5241,607939315225673
CFO LTM1,1715,1263,6771,6311,0297671,401
CFO 3Y Avg1,0313,7113,6631,1588867261,095

Growth & Margins

RRCEQTCTRAARCNXGPORMedian
NameRange Re.EQT Coterra .Antero R.CNX Reso.Gulfport. 
Rev Chg LTM27.3%60.0%25.1%21.7%48.9%38.2%32.7%
Rev Chg 3Y Avg-10.9%1.6%-5.3%-10.2%-5.7%--5.7%
Rev Chg Q16.3%25.8%33.7%11.7%28.3%44.9%27.0%
QoQ Delta Rev Chg LTM3.8%5.9%6.9%2.7%5.9%8.4%5.9%
Op Mgn LTM29.0%36.1%31.1%16.5%36.6%35.0%33.0%
Op Mgn 3Y Avg22.1%18.1%34.2%8.5%23.0%27.8%22.5%
QoQ Delta Op Mgn LTM1.8%-1.0%0.1%1.5%2.8%4.4%1.7%
CFO/Rev LTM39.2%61.4%51.9%32.5%48.0%61.2%50.0%
CFO/Rev 3Y Avg39.3%59.4%56.7%25.5%52.9%63.4%54.8%
FCF/Rev LTM17.8%34.0%20.4%24.8%24.9%24.5%24.6%
FCF/Rev 3Y Avg15.3%22.6%24.8%20.8%17.7%19.3%20.0%

Valuation

RRCEQTCTRAARCNXGPORMedian
NameRange Re.EQT Coterra .Antero R.CNX Reso.Gulfport. 
Mkt Cap9.838.423.311.45.73.810.6
P/S3.34.63.32.32.63.03.1
P/EBIT10.411.210.411.75.840.110.8
P/E14.818.814.217.98.9170.616.4
P/CFO8.37.56.37.05.54.96.7
Total Yield7.4%6.3%9.9%5.6%11.2%0.6%6.9%
Dividend Yield0.7%1.0%2.9%0.0%0.0%0.0%0.3%
FCF Yield 3Y Avg5.1%5.9%8.3%10.2%6.7%7.1%6.9%
D/E0.10.20.20.30.50.20.2
Net D/E0.10.20.20.30.50.20.2

Returns

RRCEQTCTRAARCNXGPORMedian
NameRange Re.EQT Coterra .Antero R.CNX Reso.Gulfport. 
1M Rtn12.4%10.1%10.1%6.8%13.7%5.0%10.1%
3M Rtn4.8%1.2%14.0%1.0%7.6%-6.2%3.0%
6M Rtn21.1%19.2%26.2%15.3%43.1%19.9%20.5%
12M Rtn14.5%33.3%19.9%3.5%45.9%25.0%22.5%
3Y Rtn58.0%93.5%37.1%40.5%172.2%215.6%75.8%
1M Excs Rtn13.8%11.5%11.5%8.2%15.2%6.4%11.5%
3M Excs Rtn7.8%6.8%16.7%6.6%10.0%-3.2%7.3%
6M Excs Rtn16.5%14.2%21.7%11.5%37.6%14.8%15.6%
12M Excs Rtn-7.4%11.9%2.4%-16.1%23.7%5.8%4.1%
3Y Excs Rtn1.0%28.4%-25.2%-24.5%105.8%152.4%14.7%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Gathering, processing and marketing functions as integral to our natural gas, NGLs and oil2,347 5,3352,9301,781
Exploration, development and acquisition of natural gas and liquids properties 2,541   
Total2,3472,5415,3352,9301,781


Price Behavior

Price Behavior
Market Price$41.28 
Market Cap ($ Bil)9.8 
First Trading Date12/28/1992 
Distance from 52W High-4.0% 
   50 Days200 Days
DMA Price$36.06$36.92
DMA Trendindeterminatedown
Distance from DMA14.5%11.8%
 3M1YR
Volatility36.4%37.4%
Downside Capture-63.2949.08
Upside Capture-31.2054.23
Correlation (SPY)1.8%44.2%
RRC Betas & Captures as of 1/31/2026

 1M2M3M6M1Y3Y
Beta-0.44-0.220.210.570.900.89
Up Beta1.481.210.000.340.760.83
Down Beta-0.19-0.690.090.751.281.21
Up Capture-19%-36%49%52%59%48%
Bmk +ve Days11223471142430
Stock +ve Days13233569139397
Down Capture-234%-4%16%59%86%91%
Bmk -ve Days9192754109321
Stock -ve Days7182656112348

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RRC
RRC8.2%37.8%0.29-
Sector ETF (XLE)28.7%25.1%0.9662.8%
Equity (SPY)16.5%19.4%0.6643.3%
Gold (GLD)81.3%25.7%2.2911.7%
Commodities (DBC)13.4%16.9%0.5853.9%
Real Estate (VNQ)7.3%16.6%0.2538.9%
Bitcoin (BTCUSD)-20.2%44.9%-0.3721.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RRC
RRC33.0%47.9%0.76-
Sector ETF (XLE)22.9%26.3%0.7961.9%
Equity (SPY)13.6%17.0%0.6335.4%
Gold (GLD)23.5%17.1%1.1211.8%
Commodities (DBC)10.6%19.0%0.4448.2%
Real Estate (VNQ)5.1%18.8%0.1829.9%
Bitcoin (BTCUSD)4.5%57.0%0.3012.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RRC
RRC6.3%57.3%0.34-
Sector ETF (XLE)11.4%29.5%0.4254.4%
Equity (SPY)15.4%17.9%0.7434.5%
Gold (GLD)15.3%15.6%0.823.3%
Commodities (DBC)8.7%17.6%0.4139.9%
Real Estate (VNQ)6.6%20.7%0.2826.6%
Bitcoin (BTCUSD)66.2%66.8%1.065.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date2132026
Short Interest: Shares Quantity17.0 Mil
Short Interest: % Change Since 1312026-4.9%
Average Daily Volume3.3 Mil
Days-to-Cover Short Interest5.2 days
Basic Shares Quantity236.2 Mil
Short % of Basic Shares7.2%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/29/2025-1.1%5.9%12.2%
7/23/20250.2%2.4%-7.2%
2/26/2025-5.6%-2.6%0.9%
10/23/20241.6%1.7%14.9%
7/24/2024-0.7%-1.8%-5.1%
2/22/2024-2.0%-0.5%4.8%
10/25/2023-0.7%3.9%-3.0%
7/25/20232.7%3.9%2.0%
...
SUMMARY STATS   
# Positive9119
# Negative10810
Median Positive1.9%3.9%6.2%
Median Negative-2.1%-3.5%-6.2%
Max Positive9.4%11.2%28.5%
Max Negative-15.2%-22.2%-30.9%

SEC Filings

Expand for More
Report DateFiling DateFiling
12/31/202502/24/202610-K
09/30/202510/28/202510-Q
06/30/202507/22/202510-Q
03/31/202504/22/202510-Q
12/31/202402/25/202510-K
09/30/202410/22/202410-Q
06/30/202407/23/202410-Q
03/31/202404/23/202410-Q
12/31/202302/21/202410-K
09/30/202310/24/202310-Q
06/30/202307/24/202310-Q
03/31/202304/24/202310-Q
12/31/202202/27/202310-K
09/30/202210/24/202210-Q
06/30/202207/25/202210-Q
03/31/202204/26/202210-Q

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Spiller, Reginal DirectSell528202540.164,200168,672548,706Form
2McDowell, Erin WSVP & General CounselDef Comp AccountSell515202540.629,568388,652560,556Form
3Degner, DennisChief Executive Officer & PresDeferred Comp AccountSell515202540.4235,8501,449,0572,361,781Form
4Maxwell, Greg G Deferred Compensation AccountSell515202540.6210,374421,392302,132Form
5Kavanaugh, AshleyVP, Principal Accting OfficerDeferred Comp AccountSell514202539.0012,880502,32067,197Form