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Range Resources (RRC) Beats Q4 Earnings and Revenue Estimates
RRC
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Positive
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Positive
Range Resources (RRC) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.63 per share a year ago.
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Range Resources (RRC) Moves to Buy: Rationale Behind the Upgrade
RRC
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Positive
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Positive
Range Resources (RRC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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About Range Resources Corporation (RRC)
- IPO Date 1980-06-19
- Website https://www.rangeresources.com
- Industry Oil & Gas Exploration & Production
- CEO Dennis L. Degner
- Employees 565
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties. As of December 31, 2021, the company owned and operated 1,350 net producing wells and approximately 794,000 net acres under lease located in the Appalachian region of the northeastern United States. It markets and sells natural gas and NGLs to utilities, marketing and midstream companies, and industrial users; petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.