8.55BMarket Cap17.63P/E (TTM)
36.490High35.060Low1.50MVolume36.180Open36.260Pre Close53.00MTurnover0.63%Turnover Ratio9.87P/E (Static)242.63MShares39.24352wk High2.23P/B8.37BFloat Cap27.25652wk Low0.32Dividend TTM237.52MShs Float90.460Historical High0.91%Div YieldTTM3.94%Amplitude0.880Historical Low35.290Avg Price1Lot Size
Range Resources Stock Forum
No matter what, price will go down soon.
It may hit 37$ but that is the point where it stops and ⬇️
Gap Ups
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Maintain our OW rating and raise our PT (NAV based) to $33 from $31. We expect RRC to be nearly FCF neutral this quarter despite gas macro weakness, aided by RRC's low decline asset base and prudent hedging strategy.
BODY TEXT
1. Activity Cadence and Hedging Update. RRC is currently running 3 rigs in the Marcellus, but plans to drop two of them by Q4'23. Public data shows 11 / 6 gross spuds / completions through 6/30/2...
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