Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $39.17 USD
Change Today +1.09 / 2.86%
Volume 975.7K
As of 11:16 AM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

range resources corp (RRC) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/3/14 - $76.96
52 Week Low
08/24/15 - $32.82
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for RANGE RESOURCES CORP (RRC)

range resources corp (RRC) Related Businessweek News

View More BusinessWeek News

range resources corp (RRC) Details

Range Resources Corporation, an independent natural gas, natural gas liquids (NGLs), and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and Midcontinent regions. The company owns 7,582 net producing wells and approximately 1.4 million net acres under lease in the Appalachian region; and 653 net producing wells and approximately 383,000 net acres under lease in the Midcontinent region. In addition, it provides gas gathering and transportation from southwestern and northeastern Pennsylvania. The company sells natural gas to utilities, marketing and mid-stream companies, and industrial users; NGLs to natural gas processors or users of NGLs; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. As of December 31, 2014, it had proved reserves of 10.3 trillion cubic feet of natural gas equivalents. 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 1975 and is headquartered in Fort Worth, Texas.

990 Employees
Last Reported Date: 02/24/15
Founded in 1975

range resources corp (RRC) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $904.3K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $479.3K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $479.6K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $388.5K
Senior Vice President of Corporate Developmen...
Total Annual Compensation: $397.7K
Compensation as of Fiscal Year 2014.

range resources corp (RRC) Key Developments

Range Resources Announces Quarterly Dividend Payable on September 30, 2015

Range Resources announced that it will pay a quarterly cash dividend on its common stock of $0.04 per share on September 30, 2015 to shareholders of record on September 15, 2015.

Range Resources Corporation Announces Earnings and Production Results for Second Quarter of 2015; Provides Production Guidance for Third Quarter of 2015 and Capital Budget Guidance for Full Year 2015

Range Resources Corporation announced earnings and production results for second quarter of 2015. The company reported GAAP revenues for the second quarter of 2015 totaled $248 million, a 68% decrease as compared to second quarter 2014, GAAP net cash provided from operating activities including changes in working capital reached $160 million and GAAP earnings was a loss of $119 million or $0.71 loss per diluted share versus earnings of $171 million or $1.04 per diluted share in the prior-year quarter. Second quarter 2015 results included $35 million in derivative losses due to increases in future commodity prices, compared to a $24 million loss in the second quarter of 2014. Non-GAAP revenues for second quarter 2015 totaled $405 million, a 16% decrease compared to second quarter 2014 and cash flow from operations before changes in working capital, a non-GAAP measure, was $161 million. Adjusted net income comparable to analysts' estimates, a non-GAAP measure, was $2 million or $0.01 per diluted share for the second quarter 2015, compared to $59 million or $0.36 per diluted share in the prior-year quarter. For the second quarter drilling expenditures of $262 million funded the drilling and recompletion of 68 (66 net) wells with a 100% drilling success rate. In addition, during the second quarter, $23 million was expended on acreage, $2 million on gas gathering systems and $4 million for exploration expense. For the second quarter, the company production volumes reached a, averaging 1,373 Mmcfe per day, a 24% increase over the prior-year quarter. Unit costs declined $0.36 per mcfe, or 11% compared to the prior-year quarter. For third quarter of 2015 Production growth is targeted at 20% year-over-year. Average daily production for the third quarter of 2015 is expected to be 1.39 to 1.40 Bcfe per day with 28% liquids. For full-year 2015 the company expects capital budget of $870 million.

Range Resources Cuts 11% of its Workforce

Range Resources Corp. cut 11% of its workforce in the year 2015 as it reduced costs to deal with low natural gas prices. In addition to about 60 jobs that were lost when it closed an Oklahoma City office in February, the company in May cut 41 jobs connected to conventional oil and gas wells from offices in Meadville, Yatesboro and Scottdale. About 500 employees and thousands of contractors remain in Pennsylvania, where Range is the fourth-largest shale gas producer. The company offered severance packages.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RRC:US $39.17 USD +1.09

RRC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Antero Resources Corp $26.45 USD +0.73
APA Group A$8.10 AUD -0.18
Dragon Oil PLC 800.00 GBp 0.00
Enable Midstream Partners LP $15.07 USD +0.40
Western Gas Partners LP $58.15 USD +0.67
View Industry Companies

Industry Analysis


Industry Average

Valuation RRC Industry Range
Price/Earnings 19.0x
Price/Sales 4.1x
Price/Book 1.9x
Price/Cash Flow 6.5x
TEV/Sales 1.9x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RANGE RESOURCES CORP, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at