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Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill.
Range Resources's Exploration Expense (USD Mil) for the quarter that ended in Jun. 2026 was 6.50
, which higher from pervious quarter (Mar. 2026)'s result by 14.08%.
Range Resources's Exploration Expense (USD Mil) for the annual that ended in Dec. 2025 was 28.82
, which higher from pervious year (Dec. 2024)'s result by 13.08%.
The historical rank and industry rank for Range Resources's Exploration Expense (USD Mil) or its related term are showing as below:
RRC's Exploration Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median: * Ranked among companies with meaningful Exploration Expense (USD Mil) only.
Range Resources (NYSE:RRC) Exploration Expense (USD Mil) Explanation
Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill. It includes costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells.
Exploration expenses (including prospecting) related to oil and gas producing entities would be included in the operating expenses of the company that entity.
Range Resources Exploration Expense (USD Mil) Related Terms
Range Resources Exploration Expense (USD Mil) Historical Data
* Premium members only.
The historical data trend for Range Resources's Exploration Expense (USD Mil) 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.
Range Resources Exploration Expense (USD Mil) Chart
RRC vs SM, CHRD, AR: Exploration Expense (USD Mil) Comparison
For the Oil & Gas E&P subindustry, Range Resources's Exploration Expense (USD Mil), along with its competitors' market caps and Exploration Expense (USD Mil) 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.
What does a Exploration Expense (USD Mil) of 6.50 mean?
Range Resources (RRC) has a Exploration Expense (USD Mil) of 6.50 as of Jun. 2026. Exploration expenses are the costs a company incurs while searching for oil or gas to drill. View historical data on Range Resources and its competitors.
Is Range Resources' Exploration Expense (USD Mil) too high?
Range Resources' current Exploration Expense (USD Mil) is 6.50. Overall, Range Resources has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Range Resources' Exploration Expense (USD Mil) compare to SM and CHRD?
Range Resources' Exploration Expense (USD Mil) of 6.50 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Exploration Expense (USD Mil) for an Oil & Gas company?
A good Exploration Expense (USD Mil) depends on the Oil & Gas industry context. However, Exploration Expense (USD Mil) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Exploration Expense (USD Mil) mean?
A high Exploration Expense (USD Mil) can signal that a stock is expensive relative to its fundamentals. Exploration expenses are the costs a company incurs while searching for oil or gas to drill. View historical data on Range Resources and its competitors. Range Resources's current Exploration Expense (USD Mil) is 6.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Range Resources stock overvalued right now?
Based on GuruFocus' analysis, Range Resources (RRC) is currently considered Modestly Undervalued. The stock's GF Value™ is $44.83, compared to a current price of $38.28 — trading 14.6% below its estimated fair value. The current Exploration Expense (USD Mil) is 6.50. Range Resources' overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Exploration Expense (USD Mil) calculated?
Exploration Expense (USD Mil) is calculated from a company's financial statements. For Range Resources (RRC), the current Exploration Expense (USD Mil) is 6.50 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Range Resources (RRC) Overvalued in 2026?
Based on GuruFocus' analysis, Range Resources stock appears to be undervalued.
The current stock price of $38.28 is trading 14.6% below its estimated GF Value™ of $44.83.
GuruFocus considers Range Resources to be Modestly Undervalued.
Key valuation signals for RRC:
Exploration Expense (USD Mil): 6.50
GF Value™: $44.83 vs. price of $38.28 (14.6% below fair value)
No single metric tells the full story. See the RRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Range Resources is an exploration and production firm whose operations represent a pure play in the Marcellus shale, located in the Appalachian region of Southwest Pennsylvania. The company went public as Lomak Petroleum in 1980 and later reorganized as Range Resources in 1998. After an expensive 10-year venture with a multi-basin strategy, Range Resources found its identity as an Appalachian natural gas producer, offloading its Permian assets in 2013. Range quickly became a leading US gas producer after its merger with Memorial Resource Development in 2016. Following the merger, Range saw its operational unit costs rise to an uncompetitive level and subsequently sold the assets in 2020 to return to its roots as an Appalachian producer.
77GF Score
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