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Range Resources (Range Resources) Median PS Value

: $19.46 (As of Today)
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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Range Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $10.66. Range Resources's 10-Year median PS Ratio is 1.8255. Therefore, the Median PS Value for today is $19.46.

As of today (2024-04-18), Range Resources's share price is $34.78. Range Resources's Median PS Value is $19.46. Therefore, Range Resources's Price to Median PS Value for today is 1.79.

The historical rank and industry rank for Range Resources's Median PS Value or its related term are showing as below:

RRC' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.08   Med: 0.43   Max: 1.8
Current: 1.79

During the past 13 years, the highest Price to Median PS Value of Range Resources was 1.80. The lowest was 0.08. And the median was 0.43.

RRC's Price-to-Median-PS-Value is ranked worse than
87.87% of 569 companies
in the Oil & Gas industry
Industry Median: 0.86 vs RRC: 1.79

Range Resources Median PS Value Historical Data

The historical data trend for Range Resources's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Range Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.61 32.72 48.05 45.24 19.46

Range Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.24 39.97 30.91 23.35 19.46

Competitive Comparison

For the Oil & Gas E&P subindustry, Range Resources's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Range Resources Price-to-Median-PS-Value Distribution

For the Oil & Gas industry and Energy sector, Range Resources's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Range Resources's Price-to-Median-PS-Value falls into.



Range Resources Median PS Value Calculation

Range Resources's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=10.66*1.8255
=19.46

10-Year Median PS Ratio is 1.8255.
Range Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.66.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Range Resources  (NYSE:RRC) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Range Resources's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=34.78/19.46
=1.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Range Resources Median PS Value Related Terms

Thank you for viewing the detailed overview of Range Resources's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Range Resources (Range Resources) Business Description

Traded in Other Exchanges
Address
100 Throckmorton Street, Suite 1200, Fort Worth, TX, USA, 76102
Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2022, Range's proved reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.1 billion cubic feet equivalent per day. Natural gas accounted for 70% of production.
Executives
Dori Ginn officer: Principal Financial Officer 100 THROCKMORTON SUITE 1200, FORT WORTH TX 76102
Charles G. Griffie director 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Reginal Spiller director 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Greg G Maxwell director 600 N. DAIRY ASHFORD, HOUSTON TX 77079
Erin W Mcdowell officer: SVP & General Counsel 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Mark Scucchi officer: SVP & CFO 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Dennis Degner officer: SVP & COO 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
James M Funk director FOUR ALLEGHENY CENTER, 9TH FLOOR, PITTSBURGH PA 15212-5355
Jeffrey L Ventura officer: President and COO C/O RANGE RESOURCES CORPORATION, 100 THROCKMORTON, SUITE 1200, FORT WORTH TX 76102
David P Poole officer: Sr. VP & General Counsel 100 THROCKMORTON, SUITE 1200, FORT WORTH TX 76102
Steven D Gray director 125 W. MISSOURI AVE., SUITE 450, MIDLAND TX 79701
Steffen E Palko director
Margaret K Dorman director C/O SMITH INTERNATIONAL INC, PO BOX 60068, HOUSTON TX 77205
Sailingstone Capital Partners Llc 10 percent owner 100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Settles Kenneth L Jr 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111

Range Resources (Range Resources) Headlines

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Range Announces CEO Retirement and Succession Plan

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By Marketwired 10-20-2023

Range Announces Proved Reserves

By sperokesalga sperokesalga 02-08-2023