|Bid||0.00 x 800|
|Ask||9.25 x 4000|
|Day's Range||8.76 - 9.45|
|52 Week Range||8.49 - 18.60|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 29, 2019 - Aug 2, 2019|
|Forward Dividend & Yield||0.08 (0.71%)|
|1y Target Est||14.91|
FORT WORTH, Texas, May 16, 2019 -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that Dennis Degner was appointed to the position of Senior Vice President – Chief.
A nearly two-year study of the air quality surrounding a Range Resources well near a Washington County school campus finds levels of fine particulate matter or volatile organic compounds were below health safety limits from just before drilling through hydraulic fracturing and into production of the controversial well pad. Range Resources (NYSE: RRC) funded three site monitors and the study, which lasted between December 2016 and October 2018, near the Yonker well site in Mt. Pleasant, less than a mile from the Fort Cherry Junior/Senior High School. Range had independent, third-party environmental firm Gradient prepare the study.
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When I am analyzing a company to see if it could potentially be a good long-term investment, I always look at the insider buying. It goes without saying that they probably have a much better idea of what is happening in the company than most analysts. They certainly know more about it than I do. I especially like to see what they are doing after their company stock has fallen dramatically.I am not implying that there is anything illicit or illegal going on. When an insider wants to buy or sell their company's stock they can as long as they follow very strict procedures. They have to file their intent to buy or sell with the SEC, and they are subject to "blackout periods". These are times in which they cannot trade the stock. For example, insiders may be prohibited from buying or selling the stock in the thirty days before or after the earnings release is due to be reported.There are many reasons why an officer or a director of a company may decide to sell their stock. They could need to raise money for things such as tuitions, mortgages, weddings or divorce settlements.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut they only buy it for one reason: They believe that the stock is undervalued and eventually it will trade at a higher price where they can make a profit. * 10 Great Stocks to Buy on Dips These five stocks came up on my radar screen as potential buys due to the significant insider buying that has recently occurred. Range Resources Corp (RRC) Click to EnlargeRange Resources Corp (NYSE:RRC) develops and acquires natural gas and oil properties in the Appalachian and Midcontinent regions.Mark Succhi is the Chief Financial Officer and a Senior Vice President. On April 30, he invested $100,000 when he purchased 11,100 shares at $9.04. On March 11, a director named James Funk paid $9.80 for 10,000 shares.RRC stock has fallen by about 50% since November. It could have something to do with the fact that last year the company lost $7.1 per share … a loss of $1.75 billion. In 2017, net income was $330 million, or $1.35 per share.It seems that these two insiders believe that the selloff is overdone and that the stock is an attractive investment at these levels. GrubHub (GRUB) Click to EnlargeGrubHub (NYSE:GRUB) operates as an online and mobile food-ordering company, which connects diners with local takeout restaurants. Personally, every time I have ever tried to use the service they are late, so I've stopped using them.The stock price has fallen 50% since September. This could have something to do with their reduced earnings. In 2017 they earned $1.15 per share but in 2018 that fell to $.85. The current short interest, or percentage of daily volume that is held by short-sellers, is 17%. This is pretty high, but consider that all of these short sellers eventually need to buy the stock back. * 7 Tips for Financial Planners to Gain a Competitive Edge Maybe this is why the Chief Executive Officer invested $1 million of his own money when he paid $64.87 for 15,416 shares on April 30. Allison Transmission (ALSN) Click to EnlargeAllison Transmission (NYSE:ALSN) builds transmissions for heavy-duty equipment like tanks and bulldozers.G. Frederick Bohley is the Chief Financial Officer, the Treasurer, and a Vice President of the company. On April 26, he invested $230,000 of his own money when he paid $46 for 5,000 shares.One thing that stood out to me when I analyzed this company is that the price-to-earnings ratio is 9.31X, which is pretty low. Maybe this is one of the factors that Mr. Bohley considered when deciding to make his investment. Cerner (CERN) Click to EnlargeCerner (NASDAQ:CERN) designs, develops, markets, installs, hosts and supports healthcare information technology for healthcare organizations and consumers. It is a huge company with a $22 billion market capitalization and a global presence. * 10 Lithium Stocks to Buy Despite the Market's Irrationality On April 30, R. Halsey Wise, who is a Director of the company, spent $500,000 of his own personal funds when he bought 7,600 shares at $65.76. The stock has gained over 30% since the beginning of the year. Mr. Wise must believe that there is still considerable upside potential. Simmons First National (SFNC) Click to EnlargeSimmons First National (NASDAQ:SFNC) is a financial holding company. The company has been around since 1903. It provides a wide range of banking services to individual and corporate customers. It has financial centers in Arkansas, Colorado, Kansas, Missouri, Oklahoma, Tennessee and Texas.Mr. George Makris is the Chairman & Chief Executive Officer of Simmons First National. On April 25, he reported purchasing 5,000 shares at a price of $24.61. Eugene Hunt, who is a Director, purchased 1,000 shares on the same day at the same price.The price of the stock has fallen about 25% since last June. It's possible that these two insiders thought that the selloff is overdone when they decided to make their investments.As of this writing, Mark Putrino did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Great Stocks to Buy on Dips * 6 Growth Stocks to Buy for the Rest of 2019 * 4 Mega-Cap Stocks to Sell Before They Melt Down Compare Brokers The post 5 Stocks to Buy Based on Insider Purchasing appeared first on InvestorPlace.
Is Natural Gas Rising Due to Oil's Fall?(Continued from Prior Part)Natural gas rig count The natural gas rig count was at 186 last week—one less than the previous week. The natural gas rig count has fallen ~88.4% from its record level of 1,606 in
A market correction in the fourth quarter, spurred by a number of global macroeconomic concerns and rising interest rates ended up having a negative impact on the markets and many hedge funds as a result. The stocks of smaller companies were especially hard hit during this time as investors fled to investments seen as being […]
Natural Gas: Is the Fall Unstoppable?(Continued from Prior Part)Futures spread On April 23, the natural gas futures for June 2019 closed at a small discount of ~$0.03 to the June 2020 futures. On April 16, the futures spread was at a small premium of
Natural Gas: Is the Fall Unstoppable?(Continued from Prior Part)Required change in inventories On April 24, the EIA (U.S. Energy Information Administration) is scheduled to release its natural gas inventory report for the week ending April 19. Any
Natural Gas: Is the Fall Unstoppable?(Continued from Prior Part)Natural gas rig count The natural gas rig count was at 187 last week—two less than the previous week. The natural gas rig count has fallen ~88.4% from its record level of 1,606 in
Range Resources' (RRC) first-quarter 2019 results benefit from higher natural gas, liquids price realizations and production, partially offset by higher expenses.
The Fort Worth, Texas-based company said it had profit of 1 cent per share. Earnings, adjusted for non-recurring costs, were 36 cents per share. The results exceeded Wall Street expectations. The average ...
FORT WORTH, Texas, April 22, 2019 -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2019 financial results. Highlights – GAAP cash flow provided.
What Could Impact Natural Gas on April 22?Natural gas last weekOn April 12–18, natural gas active futures fell 6.3%. Forecasts for lower demand dragged natural gas to $2.49 per MMBtu (million British thermal units) on April 18—the
Range Resources (RRC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Will Natural Gas Recover from Its Two-Month Low?(Continued from Prior Part)Required change in inventories On April 18, the EIA (U.S. Energy Information Administration) is scheduled to release its natural gas inventory report for the week ending April
Despite past week's supply addition, at 1.155 trillion cubic feet, natural gas inventories are 29.6% under the five-year average and 13.7% below the year-ago figure.
Range Resources (RRC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
What Hurt Natural Gas This Week?Natural gas On April 11, natural gas May futures fell 1.3% to $2.66 per MMBtu, just 0.8% above their lowest closing level since February 20. In the trailing week, natural gas futures rose 0.8%. In the trailing week,
Energy's Latest: Last Week's Outperformers and Underperformers(Continued from Prior Part)Energy stocks In the week that ended on April 5, upstream stock Laredo Petroleum (LPI) fell the most among the stocks in the energy space, which are included
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