Bloomberg the Company & Products

Bloomberg Anywhere Login


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 $64.75 USD
Change Today +1.19 / 1.87%
Volume 3.8M
As of 8:04 PM 05/1/15 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
06/9/14 - $94.26
52 Week Low
03/13/15 - $43.88
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 Corporation Reports Unaudited Earnings and Production Results for the First Quarter Ended March 31, 2015; Provides Production Guidance for Second Quarter and Full Year of 2015; Provides Capital Expenditure Guidance for the Full Year of 2015; Provides Impairment Guidance for the Full Year of 2015

Range Resources Corporation reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenues and other income of $462,632,000 compared to $457,342,000 a year ago. Income before income taxes was $50,050,000 compared to loss of $51,478,000 a year ago. Net income was $27,684,000 or $0.16 per diluted share compared to $32,521,000 or $0.20 per diluted share a year ago. Net cash provided from operating activities were $210,638,000 compared to $181,221,000 a year ago. Non-GAAP revenues for first quarter 2015 totaled $437 million, a 13% decrease compared to first quarter 2014. Income from operations before income taxes, as adjusted was $50,235,000 compared to $117,261,000 a year ago. Non-GAAP net income was $30,936,000 or $0.19 per diluted share compared to $74,076,000 or $0.46 per diluted share a year ago. First quarter drilling expenditures of $262 million funded the drilling and recompletion of 35 (31 net) wells. A 100% drilling success rate was achieved. In addition, during the first quarter, $13.4 million was expended on acreage, $2.2 million on gas gathering systems and $7.2 million for exploration expense. First quarter 2015 natural gas, NGLs and oil price realizations averaged $3.54 per mcfe, a 28% decrease from the prior-year quarter. Production and realized prices for each commodity for the first quarter of 2015 were: natural gas – 894 Mmcf per day ($3.54 per mcf), NGLs – 59,548 barrels per day ($12.20 per barrel) and crude oil and condensate – 12,655 barrels per day ($64.06 per barrel). The company provided production guidance for second quarter of 2015. Average daily production for the second quarter of 2015 is expected to be 1.345 Bcfe per day, with 30% liquids. Production growth for 2015 is targeted at 20% year-over-year.  The company provided capital expenditure guidance for the year 2015. For the year, the company is track with its 2015 capital expenditure budget of $870 million. Interest expense expected to be $0.33 to $0.34 per mcfe. For the year 2015, the company’s unproved property impairment expense expected to be $12 million to $14 million.

Range Resources Corporation Enters into First Amendment to Fifth Amended and Restated Credit Agreement

On March 31, 2015, Range Resources Corporation entered into the first amendment to its fifth amended and restated credit agreement with JPMorgan Chase Bank, N.A., as administrative agent, acting on its own behalf and on behalf of each lender under the credit agreement. The amendment reaffirms the company’s existing borrowing base under the credit agreement and replaces the previous debt to EBITDAX covenant with an EBITDAX to interest expense covenant in certain instances and makes certain other changes as more fully set in the amendment.

Range Resources Corporation to Report Q1, 2015 Results on Apr 28, 2015

Range Resources Corporation announced that they will report Q1, 2015 results After-Market on Apr 28, 2015


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RRC:US $64.75 USD +1.19

RRC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Antero Resources Corp $44.89 USD +0.58
Cimarex Energy Co $122.79 USD -1.61
MarkWest Energy Partners LP $67.67 USD +0.21
Southwestern Energy Co $28.78 USD +0.75
Western Gas Partners LP $71.54 USD -1.35
View Industry Companies

Industry Analysis


Industry Average

Valuation RRC Industry Range
Price/Earnings 17.3x
Price/Sales 6.0x
Price/Book 3.1x
Price/Cash Flow 8.6x
TEV/Sales 4.3x

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