Based on Range Resources’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $684 million and GAAP net loss of -$156,472,000. In comparison, last year the company earned revenue of $383 million and had a GAAP net loss of $168 million. The company has a one-year high of $20.51 and a one-year low of $5.93. RRC’s market cap is $4.89 billion and the company has a P/E ratio of -5.80.
Based on 16 analyst ratings, the analyst consensus is Hold with an average price target of $17.20, reflecting a 14.1% upside.
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Range Resources Corp. engages in the exploration, development, and acquisition of natural gas and oil properties in the Appalachian and Midcontinent regions. The company was founded in 1976 and is headquartered in Fort Worth, TX.