RRC - Range Resources Corporation
2.8000 +0.05 (1.82%)
After hours: 7:29PM EST
| Previous Close | 2.8000 |
| Open | 2.6000 |
| Bid | 2.8000 x 29200 |
| Ask | 2.7800 x 38500 |
| Day's Range | 2.4000 - 2.8000 |
| 52 Week Range | 2.4000 - 11.5400 |
| Volume | 19,610,356 |
| Avg. Volume | 11,210,293 |
| Market Cap | 691.424M |
| Beta (5Y Monthly) | 1.06 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -6.7750 |
| Earnings Date | Feb 26, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Dec 11, 2019 |
| 1y Target Est | 5.50 |
- GlobeNewswire
Range Announces Fourth Quarter and Year-End 2019 Results
FORT WORTH, Texas, Feb. 27, 2020 -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its fourth quarter and full-year 2019 financial results. Highlights – All-in.
- Reuters
U.S. junk energy index spread widens to three-year high
The ICE/BofAML U.S. high yield energy index saw its spread over Treasuries rise to 851 basis points on Tuesday, its highest since August 2016. The move in high-yield energy has come as part of a broader selloff in the high-yield market, with the spread of the corresponding ICE index widening 37 basis points on Monday alone. Energy bonds in particular have been battered in the high-yield selloff as the price of oil has slid.
- American City Business Journals
Chevron Appalachia sets date for layoffs as it works to sell local assets
The large oil and gas company announced in December it would be divesting its stake in the Marcellus and Utica shale.
- Zacks
Range Resources (RRC) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
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.
- American City Business Journals
Personalities of Pittsburgh: Travis Thompson's quest to hunt turkeys in (almost) every state
Travis Thompson is a man on a mission. A water supervisor for Range Resources Corp. (NYSE: RRC) in southwestern Pennsylvania, Thompson has been a hunter all his life. In the past several years, he has set his sights on the U.S. Super Slam, which is a National Wild Turkey Federation award for hunters who successfully harvest at least one turkey in each of the 50 states except Alaska, where it is too cold for turkeys.
- Reuters
U.S. shale gas investors brace for write-downs amid price plunge
BENGALURU/NEW YORK, Feb 11 (Reuters) - U.S. shale gas producers are ripe for further spending cuts and write-downs, investors and analysts said, with prices at four-year lows and China's rejection of some gas imports weighing on earnings. Natural gas production in the United States is at record levels, outpacing domestic consumption and leading to global supply glut. As a result, several large gas producers, have reduced the value of their production assets.
- American City Business Journals
This Pittsburgh-based company saw a 26 percent rise in stock Wednesday
Wednesday’s rising stock market lifted energy stocks, including natural gas producers that have been squeezed lately by low commodity prices. Consol (NYSE: CEIX) had one of the best days for any stock on the New York Stock Exchange, jumping $2.17 to close at $10.33 a share. Another coal producer, Arch Coal (NYSE: BTU), also saw its shares rise by 26 percent Wednesday.
- American City Business Journals
EQT could sell off part of royalty interest in natural gas production
A published report said the company's in talks with an unidentified buyer, although the company itself acknowledged last October a deal could happen within the next several months.
- American City Business Journals
For Range Resources, water recycling key to operations
On a Range Resources Corp. natural gas well in Independence Township just over the Beaver County line, the vehicle traffic follows a typical pattern. While a pipeline still feeds fresh water to the drill site, a steady and controlled stream of trucks also come inside, backing up to a pad in front of four large, crimson-colored tanks. The cargo isn’t fresh water, as would be standard in a natural gas drilling operation.
- GlobeNewswire
U.S. Well Services, Inc. and Range Resources Corporation Sign Electric Frac Contract
HOUSTON and FORT WORTH, Texas, Jan. 29, 2020 -- U.S. Well Services, Inc. (Nasdaq: USWS) today announced it has executed a contract to provide electric hydraulic fracturing.
- MarketWatch
Junk-bond market gets first big test of year from coronavirus
A glut of new U.S. speculative-grade bonds issued by energy companies in January are seeing prices fall as China battles to contain the deadly coronavirus.
- Simply Wall St.
Does Market Volatility Impact Range Resources Corporation's (NYSE:RRC) Share Price?
If you own shares in Range Resources Corporation (NYSE:RRC) then it's worth thinking about how it contributes to the...
- GuruFocus.com
It's a Screwy January, Not Going by the Book
So far, this January isn’t running true to form. The market has risen, but small stocks are lagging and last year’s losers are getting hammered again Continue reading...
- Barrons.com
Hertz, Dell, and Other High-Yield Bond Picks, According to Analysts
Analysts at Gimme Credit recommend bonds issued by companies in unloved sectors, such as materials, industrials, energy, consumer goods, and gaming.
- GlobeNewswire
Range Announces Early Results of Cash Tender Offers
Based on information provided by D.F. King and Co., the tender agent for the Tender Offers, approximately $1,057.9 million aggregate principal amount of Notes were validly tendered (and not validly withdrawn) at or prior to 5:00 p.m., New York City time, on January 22, 2020 (the “Early Tender Date”).
- GlobeNewswire
Range Announces Conference Call to Discuss Fourth Quarter 2019 Financial Results
FORT WORTH, Texas, Jan. 22, 2020 -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its fourth quarter 2019 financial results news release will be issued Thursday,.
- Zacks
Implied Volatility Surging for Range Resources (RRC) Stock Options
Investors need to pay close attention to Range Resources (RRC) stock based on the movements in the options market lately.
- American City Business Journals
Range Resources told to fix Lycoming County well leaking methane
The Pennsylvania Department of Environmental Protection is ordering Range Resources Corp. to fix a well in Lycoming County that it said began leaking methane in 2012. DEP said in a statement that the Harman Lewis well, in Moreland Township, was drilled in February 2011 and was completed in June 2011. DEP said Range's initial plans to correct the issue were inadequate, and there was a 2013 violation notice given to Range, a May 2015 order requiring corrective action and then a civil penalty issued but never assessed later in 2015.
- Zacks
Oil & Gas Stock Roundup: Apache's Oil Find, BP's Asset Sale & More
Apache (APA) shares rocket following a discovery offshore Suriname block 58. BP plc (BP) agrees to divest certain North Sea assets for $625 million.
- Insider Monkey
Range Resources Corp. (RRC) vs. Top 20 Hedge Fund Stocks in 2019
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before 2018's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]
- Zacks
Range Resources Prices $550-Million Senior Notes Offering
Range Resources (RRC) estimates net proceeds from senior notes offerings at roughly $541.6 million.
- GlobeNewswire
Range Announces Pricing of Senior Notes
Range expects that the net proceeds of the offering will be approximately $541.6 million. On January 8, 2020, Range also commenced tender offers to purchase for cash (the “Tender Offers”), subject to certain conditions, up to $500 million aggregate principal amount of its outstanding 5.750% senior notes due 2021, 5.875% senior notes due 2022 and 5.000% senior notes due 2022 (collectively, the “Target Notes”). Range intends to use the net proceeds from the offering to purchase Target Notes in the Tender Offers, including fees and expenses incurred in connection therewith, with the remainder of the net proceeds to be used to repay borrowings under its bank credit facility.
- Moody's
Range Resources Corporation -- Moody's rates Range Resources' new notes B1
Moody's Investors Service ("Moody's") assigned a B1 rating to Range Resources Corporation's (Range) proposed $500 million notes due 2026. Range's other ratings remained unchanged. Range's proposed and existing senior unsecured notes are rated B1, one notch below the assigned Ba3 Corporate Family Rating (CFR), due to their structural subordination to the company's $2.4 billion senior secured revolving credit facility.
- GlobeNewswire
Range Announces Cash Tender Offer for Up to $500 Million Aggregate Principal Amount of Certain of Its Outstanding Debt Securities
The terms and conditions of the Tender Offers are described in an Offer to Purchase, dated January 8, 2020 (the “Offer to Purchase”). Range intends to fund the Tender Offers, including accrued interest and fees and expenses payable in connection with the Tender Offers, with the net proceeds of its separately announced proposed offering of debt securities (the “Debt Financing”), together with, if necessary, borrowings from its bank credit facility or cash on hand.
- GlobeNewswire
Range Announces Offering of Senior Notes
On January 8, 2020, Range also commenced tender offers to purchase for cash (the “Tender Offers”), subject to certain conditions, up to $500 million aggregate principal amount of its outstanding 5.750% senior notes due 2021, 5.875% senior notes due 2022 and 5.000% senior notes due 2022 (collectively, the “Target Notes”). Range intends to use the net proceeds from the offering, together with borrowings from its bank credit facility, if necessary, to purchase Target Notes in the Tender Offers, including fees and expenses incurred in connection therewith, with the remainder of the net proceeds, if any, to be used to repay borrowings under its bank credit facility.
