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76.5 (1y: +21%)
Market Cap 12.21 B P/E(ttm) 1078.00
Enterprise Value 15.14 B P/B 5.28
RRC- NYSE (USA)
Range Resources Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$76.50
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Equity to Asset 0.35
RRC's Equity to Asset is ranked lower than
75% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.59 vs. RRC: 0.35 )
RRC' s 10-Year Equity to Asset Range
Min: 0.17   Max: 0.44
Current: 0.35
0.17
0.44
Interest Coverage 0.1
RRC's Interest Coverage is ranked lower than
66% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 34.95 vs. RRC: 0.1 )
RRC' s 10-Year Interest Coverage Range
Min: 0   Max: 7
Current: 0.1
0
7
F-Score: 4
Z-Score: 1.73
M-Score: -2.8
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry		 vs
history
Operating margin (%) 1.70
RRC's Operating margin (%) is ranked higher than
57% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -0.60 vs. RRC: 1.70 )
RRC' s 10-Year Operating margin (%) Range
Min: -35.2   Max: 48.6
Current: 1.7
-35.2
48.6
Net-margin (%) 0.9
RRC's Net-margin (%) is ranked higher than
56% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -2.45 vs. RRC: 0.9 )
RRC' s 10-Year Net-margin (%) Range
Min: -23   Max: 26.7
Current: 0.9
-23
26.7
ROE (%) 0.6
RRC's ROE (%) is ranked higher than
56% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -0.35 vs. RRC: 0.6 )
RRC' s 10-Year ROE (%) Range
Min: -10.8   Max: 20.5
Current: 0.6
-10.8
20.5
ROA (%) 0.2
RRC's ROA (%) is ranked higher than
56% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -0.55 vs. RRC: 0.2 )
RRC' s 10-Year ROA (%) Range
Min: -4.4   Max: 6.2
Current: 0.2
-4.4
6.2
ROC (Joel Greenblatt) (%) 0.40
RRC's ROC (Joel Greenblatt) (%) is ranked higher than
57% of the 415 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. RRC: 0.40 )
RRC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -7.6   Max: 13.7
Current: 0.4
-7.6
13.7
Revenue Growth (%) 11.6
RRC's Revenue Growth (%) is ranked lower than
69% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -2.10 vs. RRC: 11.6 )
RRC' s 10-Year Revenue Growth (%) Range
Min: -10.6   Max: 20.3
Current: 11.6
-10.6
20.3
EBITDA Growth (%) 11.6
RRC's EBITDA Growth (%) is ranked lower than
85% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -2.85 vs. RRC: 11.6 )
RRC' s 10-Year EBITDA Growth (%) Range
Min: -15.2   Max: 21.9
Current: 11.6
-15.2
21.9
» RRC's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

RRC Guru Trades in Q2 2012

T Boone Pickens 84,531 sh (New)
Manning & Napier Advisors, Inc 2,223,550 sh (New)
Wallace Weitz 625,000 sh (+20.19%)
Pioneer Investments 574,784 sh (+15.62%)
RS Investment Management 2,754,719 sh (+7.42%)
Ruane Cunniff 1,662,730 sh (+0.03%)
Columbia Wanger 695,000 sh (unchged)
Alan Fournier 1,744,716 sh (unchged)
Paul Tudor Jones Sold Out
Jeremy Grantham Sold Out
Leon Cooperman 555,000 sh (-4.59%)
John Griffin 3,535,000 sh (-17.59%)
Steven Cohen 134,055 sh (-70.43%)
PRIMECAP Management 789,500 sh (-72.06%)
» More
Q3 2012

RRC Guru Trades in Q3 2012

Signature Select Canadian Fund 108,150 sh (New)
George Soros 269,000 sh (New)
Steven Cohen 261,478 sh (+95.05%)
RS Investment Management 3,172,599 sh (+15.17%)
Alan Fournier 1,744,716 sh (unchged)
Ruane Cunniff 1,662,730 sh (unchged)
Columbia Wanger 695,000 sh (unchged)
Wallace Weitz 625,000 sh (unchged)
T Boone Pickens 83,389 sh (-1.35%)
Leon Cooperman 547,400 sh (-1.37%)
Manning & Napier Advisors, Inc 2,182,290 sh (-1.86%)
PRIMECAP Management 767,000 sh (-2.85%)
Pioneer Investments 553,810 sh (-3.65%)
John Griffin 3,310,000 sh (-6.36%)
» More
Q4 2012

RRC Guru Trades in Q4 2012

Paul Tudor Jones 10,000 sh (New)
T Boone Pickens 136,050 sh (+63.15%)
RS Investment Management 3,770,725 sh (+18.85%)
Wallace Weitz 660,000 sh (+5.6%)
Manning & Napier Advisors, Inc 2,259,550 sh (+3.54%)
Columbia Wanger 695,000 sh (unchged)
Ruane Cunniff 1,662,730 sh (unchged)
John Griffin 3,310,000 sh (unchged)
Alan Fournier 1,744,716 sh (unchged)
George Soros Sold Out
Leon Cooperman Sold Out
PRIMECAP Management 746,100 sh (-2.72%)
Pioneer Investments 480,800 sh (-13.18%)
Steven Cohen 164,286 sh (-37.17%)
» More
Q1 2013

RRC Guru Trades in Q1 2013

George Soros 164,226 sh (New)
Ray Dalio 4,800 sh (New)
Ruane Cunniff 2,504,085 sh (+50.6%)
Paul Singer 600,000 sh (unchged)
Alan Fournier 1,744,716 sh (unchged)
Columbia Wanger 695,000 sh (unchged)
T Boone Pickens Sold Out
Paul Tudor Jones Sold Out
John Griffin 3,198,000 sh (-3.38%)
Manning & Napier Advisors, Inc 2,163,670 sh (-4.24%)
Wallace Weitz 620,000 sh (-6.06%)
PRIMECAP Management 680,400 sh (-8.81%)
RS Investment Management 3,005,353 sh (-20.3%)
Pioneer Investments 363,200 sh (-24.46%)
Steven Cohen 7,952 sh (-95.16%)
» More
» Details

Insider Trades

Latest Guru Trades with RRC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
T Boone Pickens 2013-03-31 Sold Out 8.5%$62.05 - $82.46 $ 76.56%0
Ruane Cunniff 2013-03-31 Add 50.6%0.44%$62.05 - $82.46 $ 76.56%2504085
George Soros 2013-03-31 New Buy0.16%$62.05 - $82.46 $ 76.56%164226
Ray Dalio 2013-03-31 New Buy$62.05 - $82.46 $ 76.56%4800
T Boone Pickens 2012-12-31 Add 63.15%3.29%$62.02 - $73.28 $ 76.515%136050
Leon Cooperman 2012-12-31 Sold Out 0.77%$62.02 - $73.28 $ 76.515%0
George Soros 2012-12-31 Sold Out 0.3%$62.02 - $73.28 $ 76.515%0
George Soros 2012-09-30 New Buy0.3%$57.48 - $70.75 $ 76.518%269000
T Boone Pickens 2012-06-30 New Buy4%$54.79 - $68.24 $ 76.528%84531
Wallace Weitz 2012-06-30 Add 20.19%0.3%$54.79 - $68.24 $ 76.528%625000
PRIMECAP Management 2012-06-30 Reduce -72.06%0.17%$54.79 - $68.24 $ 76.528%789500
Premium More recent guru trades are included for Premium Members only!!

Guru Investment Theses on Range Resources Corporation

Wallace Weitz Comments on Range Resources - May 22, 2012

Wallace Weitz commented on Range Resources (RRC) in his first-quarter letter:

Range Resources (RRC—$58) is a domestic natural gas exploration and production company. Its "crown jewel" is in the Southwest Pennsylvania portion of the Marcellus field. New techniques for producing oil and gas from shale have led to a several-fold increase in the U.S.'s estimated gas reserves and a temporary glut in available gas across the country. As a result, gas prices have plunged to 10+ year lows and gas producers' stocks are out of favor. Range has a very low cost of production, is increasing its natural gas liquids and oil production, and can continue to reinvest at attractive returns, even at today's very low gas prices. For a variety of both supply- and demand-related reasons, we would expect gas prices to rise from today's depressed $2.15 per mcf in future years. Change happens slowly for both producers and consumers of energy, but over the next 5-10 years, we believe Range can produce very good returns for us. (We also own Southwestern Energy (SWN—$31), a stock with a similar investment thesis.)
Check out Wallace Weitz latest stock trades

Top Ranked Articles about Range Resources Corporation

Billionaire T. Boone Pickens' Energy Stocks, Range Resources (RRC) And More
March 16, 2013
Be sure to check out our detailed stock analysis (click here). Billionaire investor and oilman-turned-hedge fund manager T. Boone Pickens runs an energy-concentrated hedge fund, BP Capital. His fund is generally invested 90% in energy-related stocks and 10% in commodities. With energy a hot-button topic, I thought it worthwhile to take a look at how one of the top energy investors and his hedge fund are investing for 2013 (see all of Pickens' picks). Read more...
Manning & Napier’s Top Four New Buys Are All Oil & Gas Companies
July 30, 2012
Manning & Napier - Manning & Napier’s Top Four New Buys Are All Oil & Gas Companies
Manning & Napier is a more than 40-year-old management firm with about $44.7 billion in assets under management and 5.7% average annual return since inception. The firm bought 49 new stocks for their portfolio of 361 stocks in the second quarter. A key to their second quarter view of the economy is stated in their second quarter letter: Read more...
Wallace Weitz Comments on Range Resources
May 22, 2012
Wallace Weitz commented on Range Resources (RRC) in his first-quarter letter: Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 1078.00
RRC's P/E(ttm) is ranked lower than
99% of the 415 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.40 vs. RRC: 1078.00 )
RRC' s 10-Year P/E(ttm) Range
Min: 3.37   Max: 1127.34
Current: 1078
3.37
1127.34
P/B 5.28
RRC's P/B is ranked lower than
93% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.32 vs. RRC: 5.28 )
RRC' s 10-Year P/B Range
Min: 0.38   Max: 7.58
Current: 5.28
0.38
7.58
P/S 8.05
RRC's P/S is ranked lower than
74% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.55 vs. RRC: 8.05 )
RRC' s 10-Year P/S Range
Min: 0.23   Max: 11.8
Current: 8.05
0.23
11.8
EV-to-EBIT -539.1
RRC's EV-to-EBIT is ranked lower than
77% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 15.22 vs. RRC: -539.1 )
RRC' s 10-Year EV-to-EBIT Range
Min: 5.9   Max: 4579.8
Current: -539.1
5.9
4579.8
Shiller P/E 310.73
RRC's Shiller P/E is ranked lower than
97% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 19.33 vs. RRC: 310.73 )
RRC' s 10-Year Shiller P/E Range
Min: 25.34   Max: 328
Current: 310.73
25.34
328

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.21
RRC's Dividend Yield is ranked higher than
78% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 2.86 vs. RRC: 0.21 )
RRC' s 10-Year Dividend Yield Range
Min: 0.08   Max: 1.46
Current: 0.21
0.08
1.46
Dividend Payout 2.4
RRC's Dividend Payout is ranked lower than
97% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.55 vs. RRC: 2.4 )
RRC' s 10-Year Dividend Payout Range
Min: 0.07   Max: 1.97
Current: 2.4
0.07
1.97
Yield on cost (5-Year) 0.20
RRC's Yield on cost (5-Year) is ranked higher than
77% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 2.54 vs. RRC: 0.20 )
RRC' s 10-Year Yield on cost (5-Year) Range
Min: 0.08   Max: 1.46
Current: 0.2
0.08
1.46
Share Buyback Rate -0.9
RRC's Share Buyback Rate is ranked lower than
56% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -6.60 vs. RRC: -0.9 )
RRC' s 10-Year Share Buyback Rate Range
Min: 8.5   Max: -17.4
Current: -0.9

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 114.3
RRC's Price/Net Current Asset Value is ranked higher than
98% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 23.25 vs. RRC: 114.3 )
RRC' s 10-Year Price/Net Current Asset Value Range
Min: 7.4   Max: 121.5
Current: 114.3
7.4
121.5
Price/Tangible Book 5.3
RRC's Price/Tangible Book is ranked higher than
92% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.40 vs. RRC: 5.3 )
RRC' s 10-Year Price/Tangible Book Range
Min: 1.4   Max: 4.9
Current: 5.3
1.4
4.9
Price/Median PS Value 1.6
RRC's Price/Median PS Value is ranked higher than
93% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.80 vs. RRC: 1.6 )
RRC' s 10-Year Price/Median PS Value Range
Min: 0.2   Max: 1.7
Current: 1.6
0.2
1.7
Price/Graham Number 15
RRC's Price/Graham Number is ranked lower than
78% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.00 vs. RRC: 15 )
RRC' s 10-Year Price/Graham Number Range
Min: 0.9   Max: 12.1
Current: 15
0.9
12.1
Earnings Yield (Greenblatt) 0.20
RRC's Earnings Yield (Greenblatt) is ranked lower than
76% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 5.00 vs. RRC: 0.20 )
RRC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 17
Current: 0.2
0.2
17
Forward Rate of Return (Yacktman) -14.69
RRC's Forward Rate of Return (Yacktman) is ranked lower than
73% of the 463 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -17.69 vs. RRC: -14.69 )
RRC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -25.3   Max: 29.5
Current: -14.69
-25.3
29.5

Business Description

Range Resources Corporation was incorporated in 1980 under the name Lomak Petroleum, Inc. and, later that year; it completed its initial public offering. In 1998, it changed its name to Range Resources Corporation. It is an independent natural gas company engaged in the exploration, development and acquisition of primarily gas properties, mostly in the Southwestern and Appalachian regions of the United States. It operates in one segment. It has a single company-wide management team that administers all properties as a whole rather than by discrete operating segments. It tracks only basic operational data by area. It operates entirely within the United States. Competitors in exploration, development, acquisitions and production include the major oil companies as well as numerous independent oil companies, individual proprietors and others. The Company markets the majority of its oil and gas production from the properties it operates for both its interest and that of the other working interest owners and royalty owners. It sells its gas pursuant to a variety of contractual arrangements, generally month-to-month and one to five-year contracts. The Company's operations are substantially affected by federal, state and local laws and regulations.
Company Website
SEC Reports
Industry: Oil & Gas E&P
Compare:OJSCY, APC, APA, HRTPY, SGTZY
Traded in other countries:RAX.Germany
» More Articles for RRC

Headlines

Articles On GuruFocus.com
Billionaire T. Boone Pickens' Energy Stocks, Range Resources (RRC) And More Mar 16 2013 
Weekly Top Insider Sells: DG, COST, RRC, and IRM Oct 22 2012 
Manning & Napier’s Top Four New Buys Are All Oil & Gas Companies Jul 30 2012 
Wallace Weitz Comments on Range Resources May 22 2012 
Weitz Funds' First Quarter Letter Apr 27 2012 
5 Prominent Oil & Gas Players to Consider Today Mar 09 2012 
Hedge Fund Blue Ridge Capital Q1 Portfolio Update May 17 2011 
Range Resources Corp. Reports Operating Results (10-K) Mar 01 2011 
Range Resources Corp. (RRC) President and COO Jeffrey L Ventura sells 15,644 Shares Jan 12 2011 
Range Resources Corp. (RRC) Exec VP and CFO Roger S Manny sells 8,651 Shares Jan 10 2011 

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