Value Investing Philosophy And Range Resources Corp (NYSE: RRC)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

RRC belongs to the Energy sector of the NYSE while operating in the Oil & Gas E&P industry. The current market capitalization of Range Resources Corp is $8.17B. A total of 1.35 million shares were traded on the day, compared to an average of 2.23M shares.

In the most recent transaction, Spiller Reginal sold 2,800 shares of RRC for 34.24 per share on Nov 11 ’24. After the transaction, the Director now owns 12,453 company shares. In a previous transaction on Oct 24 ’24, Griffie Charles G. bought 1,275 shares at 31.46 per share. RRC shares that Director owns now total 5,921.

Among the insiders who sold shares, Kavanaugh Ashley disposed of 12,700 shares on Sep 23 ’24 at a per-share price of $31.45. This resulted in the VP, Principal Accting Officer holding 9,670 shares of RRC after the transaction. In another insider transaction, Ashley Kavanaugh bought 12,700 shares at $31.45 per share on Sep 23 ’24.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Range Resources Corp pays an annual dividend of $0.32, resulting in a dividend yield of 0.93%, and it has a price to earnings (P/E) ratio of 17.55. RRC’s most recent ex-dividend date was 0.9% when it declared a $0.08 quarterly dividend that was paid in cash on 12/13/2024. Previously, the company paid the dividend on 9/13/2024 with an ex-dividend date of 1.07%. The RRC stock dividend was $0.08 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, RRC has a high of $39.33 and a low of $27.29.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. RRC’s latest balance sheet shows that the firm has $214.42M in Cash & Short Term Investments as of fiscal 2021. There were $2.95B in debt and $1.15B in liabilities at the time. Its Book Value Per Share was $16.03, while its Total Shareholder’s Equity was $2.09B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RRC is Buy with a score of 3.30.

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