Range Resources Net Worth
Range Resources Net Worth Breakdown | RRC |
Range Resources Net Worth Analysis
Range Resources' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Range Resources' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Range Resources' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Range Resources' net worth analysis. One common approach is to calculate Range Resources' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Range Resources' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Range Resources' net worth. This approach calculates the present value of Range Resources' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Range Resources' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Range Resources' net worth. This involves comparing Range Resources' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Range Resources' net worth relative to its peers.
Enterprise Value |
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To determine if Range Resources is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Range Resources' net worth research are outlined below:
| Range Resources Corp is unlikely to experience financial distress in the next 2 years | |
| Range Resources Corp has 1.79 B in debt with debt to equity (D/E) ratio of 1.11, which is OK given its current industry classification. Range Resources Corp has a current ratio of 0.4, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Range to invest in growth at high rates of return. | |
| Over 97.0% of Range Resources shares are owned by institutional investors | |
| Latest headline from zacks.com: Magnolia Oil Gas Corp Up 9.5 percent Since Last Earnings Report Can It Continue |
Range Resources uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Range Resources Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Range Resources' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 22nd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Range Resources' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Range Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Range Resources Corp backward and forwards among themselves. Range Resources' institutional investor refers to the entity that pools money to purchase Range Resources' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 4 M | Citadel Advisors Llc | 2024-09-30 | 3 M | Fuller & Thaler Asset Management Inc | 2024-09-30 | 3 M | Canoe Financial Lp | 2024-09-30 | 2.7 M | Bank Of New York Mellon Corp | 2024-06-30 | 2.5 M | Bank Of America Corp | 2024-06-30 | 2.4 M | William Blair Investment Management, Llc | 2024-09-30 | 2.3 M | Kopernik Global Investors, Llc | 2024-06-30 | 2.3 M | Amvescap Plc. | 2024-06-30 | 2.1 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 29.4 M | Fmr Inc | 2024-09-30 | 27.5 M |
Follow Range Resources' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 8.62 B.Market Cap |
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Project Range Resources' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.12 | 0.13 | |
| Return On Capital Employed | 0.14 | 0.15 | |
| Return On Assets | 0.12 | 0.13 | |
| Return On Equity | 0.23 | 0.24 |
When accessing Range Resources' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Range Resources' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Range Resources' profitability and make more informed investment decisions.
Please note, the presentation of Range Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Range Resources' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Range Resources' management manipulating its earnings.
Evaluate Range Resources' management efficiency
Range Resources Corp has Return on Asset of 0.0668 % which means that on every $100 spent on assets, it made $0.0668 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1316 %, implying that it generated $0.1316 on every 100 dollars invested. Range Resources' management efficiency ratios could be used to measure how well Range Resources manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.13. The current year's Return On Capital Employed is expected to grow to 0.15. At present, Range Resources' Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 2 B, whereas Total Assets are forecasted to decline to about 4.2 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 15.89 | 16.68 | |
| Tangible Book Value Per Share | 15.89 | 16.68 | |
| Enterprise Value Over EBITDA | 5.42 | 5.70 | |
| Price Book Value Ratio | 1.92 | 2.87 | |
| Enterprise Value Multiple | 5.42 | 5.70 | |
| Price Fair Value | 1.92 | 2.87 | |
| Enterprise Value | 5.6 B | 5.9 B |
The strategic initiatives led by Range Resources' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Enterprise Value Revenue 4.3513 | Revenue 2.3 B | Quarterly Revenue Growth (0.01) | Revenue Per Share 9.79 | Return On Equity 0.1316 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Range Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on Range Resources' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Range Resources insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Range Resources Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 28th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 23rd of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 22nd of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Range Resources Earnings per Share Projection vs Actual
Range Resources Corporate Directors
| James Funk | Independent Director | Profile | |
| Margaret Dorman | Independent Director | Profile | |
| Steven Gray | Independent Director | Profile | |
| Brenda Cline | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Range Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Range Resources. If investors know Range will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Range Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.04 | Dividend Share 0.32 | Earnings Share 2 | Revenue Per Share 9.79 | Quarterly Revenue Growth (0.01) |
The market value of Range Resources Corp is measured differently than its book value, which is the value of Range that is recorded on the company's balance sheet. Investors also form their own opinion of Range Resources' value that differs from its market value or its book value, called intrinsic value, which is Range Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Range Resources' market value can be influenced by many factors that don't directly affect Range Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Range Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Range Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Range Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.