|Bid||0.00 x 21500|
|Ask||0.00 x 3100|
|Day's Range||13.02 - 13.69|
|52 Week Range||11.93 - 18.60|
|Beta (3Y Monthly)||0.32|
|PE Ratio (TTM)||13.64|
|Earnings Date||Feb 25, 2019 - Mar 1, 2019|
|Forward Dividend & Yield||0.08 (0.58%)|
|1y Target Est||21.53|
In the week ending on November 30, the inventories spread was -19.5%. The inventories spread is the difference between natural gas inventories and their five-year average. During this period, the inventories spread expanded by 40 basis points compared to the previous week.
Hedge fund managers like David Einhorn, Dan Loeb, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]
Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Range Resources Corporation (NYSE:RRC), with a market cap of US$3.4b, are often out of the Read More...
On November 30–December 7, the United States Natural Gas ETF (UNG) fell 2.1%, while the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) fell 5.4%. These ETFs track natural gas futures. UNG holds active natural gas futures contracts, while BOIL’s objective is to track twice the daily changes of the Bloomberg Natural Gas Subindex.
The natural-gas-weighted stocks under review that might be sensitive to US crude oil January futures’ movements based on their correlations with US crude oil January futures in the last five trading sessions are: Chesapeake Energy (CHK) at 52% Range Resources (RRC) at 27%
FORT WORTH, Texas, Dec. 03, 2018 -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock.
Energy Transfer LP representatives are heading to Pennsylvania's capital on Thursday for a hearing before utility regulators to defend the company's plan to put the Sunoco Mariner East 2 natural gas liquids pipe into service by year end. Energy Transfer wants to temporarily connect an existing 1930s-era 12-inch (30.5 centimeter) pipe to the parts of its long-delayed 20-inch Mariner East 2 pipeline that it has already completed so it can start transporting liquids for customers. When Energy Transfer first started working on the $2.5 billion project in February 2017, it had planned to put the 350-mile (563-kilometer) pipe into service in the third quarter of 2017.
Range Resources Corp. is one of the region’s largest natural gas producers and, while headquartered in Fort Worth, Texas, has a regional headquarters at Southpointe in Washington County and its Marcellus Shale assets are among the biggest in the Appalachian basin.
Investors need to pay close attention to Range Resources (RRC) stock based on the movements in the options market lately.
On November 14–21, our list of natural gas–weighted stocks fell 10%—compared to a fall of 8% in natural gas December futures. On average, natural gas–weighted stocks underperformed natural gas futures during this period.
On November 21, natural gas December futures fell 1.6% settled at $4.45 per million British thermal units. The colder winter forecast might be behind the fall in natural gas prices.
Range Resources (RRC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
In the week ending on November 9, the inventories spread was -15.6%. The inventories spread is the difference between natural gas inventories and their five-year average. The inventories spread contracted by 60 basis points compared to the previous week. On November 15, the EIA (U.S. Energy Information Administration) reported the natural gas inventory data for the week ending November 9.
On November 9–16, natural gas December futures rose 14.9% and settled at $4.27 per MMBtu (million British thermal units) on November 16. Last week, natural gas futures recorded the largest weekly gain in 2018.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
On November 7–14, our list of natural gas–weighted stocks fell 3.7% despite a rise of 36.1% in natural gas December futures. On average, natural gas–weighted stocks underperformed natural gas futures during this period.
TechnipFMC (FTI) signs a Surface Technologies Frame deal with Chevron for catering to the latter's North America operations.
On November 13, the natural gas futures for December closed at a premium of ~$1.14 to the December 2019 futures. On November 6, the futures spread was at a premium of $0.6. On November 6–13, natural gas December futures rose 15.4%.
Natural gas prices have surged this month amid concern that stockpiles, at a 15-year seasonal low, won’t be enough to meet winter heating needs
LNG could become world's second largest energy source in a drive to combat air pollution, thus encouraging investment in natural gas businesses.
On November 2–9, the United States Natural Gas ETF (UNG) rose 13%, while the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) rose 25%. These ETFs track natural gas futures. UNG holds active natural gas futures contracts, while BOIL’s objective is to track twice the daily changes of the Bloomberg Natural Gas Subindex.