US natural gas and NGL producer, an early Marcellus Shale pioneer in Appalachia.
US natural gas and NGL producer, an early Marcellus Shale pioneer in Appalachia.
Sells natural gas and natural gas liquids (ethane, propane, butane) at market prices, hedging part of its output with contracts that lock in future prices to smooth the swings. Its wells are concentrated in southwestern Pennsylvania, where it drilled early Marcellus wells in the 2000s, and pipeline access to better-priced markets affects the price it receives.
Moat: narrow (cost advantage, process know-how). Decades of Marcellus experience and low-cost acreage give efficient, long-lived drilling inventory.
Headquarters: Fort Worth, Texas, US · Founded: 1976 · Employees: 564
Size Range Resources (RRC) is a United States Energy company (Oil & Gas Production) with a market value of $11.4B, the 721st largest of 3,117 United States companies the cockpit tracks. Shares closed at $48.72 on 6 Nov 2026.
Performance Over six months the shares gained 20.2%, against -2.8% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 17 in its peer set.
Growth Revenue grew 17.8% over the last twelve months (peer median +9.5%); the operating margin is 32.8% (peer median 22.3%).
Valuation It trades at 12.1× forward earnings against a peer median of 10.3× (6th most expensive of 17).
Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -13 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 7.3 points above its cost of capital (7.9% WACC).
Short interest Short interest is 11.2% of the free float (15 Oct 2026).
Next results Next results expected around 2 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $3.40B | $2.99B | $2.36B | $2.55B | $5.34B |
| Revenue growth | — | +27% | -8% | -52% | — |
| Gross profit | $1.31B | $1.02B | $531M | $694M | $3.14B |
| EBITDA | $1.52B | $1.24B | $710M | $889M | $3.30B |
| Net income | $890M | $657M | $265M | $856M | $1.15B |
| Free cash flow | $727M | $530M | $316M | $371M | $1.38B |
| Capital expenditure | $692M | $642M | $629M | $607M | $488M |
| Total debt | $918M | $1.37B | $1.82B | $1.80B | $1.93B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Range Resources RRC | $11.4B | +20% | +18% | 33% | 12.1× | -1.7% |
| Antero Resources AR | $11.1B | 0% | +22% | 23% | 7.8× | -4.1% |
| EQT EQT | $30.9B | -12% | +18% | 42% | 16.0× | -1.9% |
| CNX Resources CNX | $4.99B | -2% | +8% | 40% | 9.3× | -5.8% |
| Gulfport Energy GPOR | $2.65B | -16% | +27% | 42% | 6.3× | -13.4% |
| Comstock Resources CRK | $3.94B | -5% | +17% | 19% | 43.4× | n/a |
| Diversified Energy DEC | $899M | -19% | +109% | 15% | 2.1× | -0.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | RRC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +19.5% | -1.7% | highest of 17 |
| 6-month return | +20.2% | -2.8% | 2nd highest of 17 |
| Distance from 52-week high | -14.4% | -20.0% | 7th highest of 17 |
| Revenue growth (TTM) | +17.8% | +9.5% | 5th highest of 17 |
| Operating margin | 32.8% | 22.3% | 6th highest of 17 |
| Forward P/E | 12.1× | 10.3× | 6th most expensive of 17 |
| Growth the price implies (Req g, 7 yrs) | -1.7% | -0.6% | 5th least demanding of 12 |
| Growth delivered (Del g) | +10.9% | +17.9% | 4th lowest of 12 |
| Hurdle (Req g minus delivered) | -12.6 pp | -18.4 pp | 5th most demanding of 12 |
| ROIC minus cost of capital | +7.3 pp | +0.9 pp | 5th highest of 17 |
| EV / EBITDA | 8.1× | 6.9× | 5th most expensive of 16 |
| Net debt / EBITDA | 0.6× | 1.1× | 4th least indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Range Resources RRC | United States | $11.4B | +20% | +18% | 33% | 12.1× | -1.7% | +10.9% |
| Antero Resources AR | United States | $11.1B | 0% | +22% | 23% | 7.8× | -4.1% | +15.1% |
| Origin Energy ORG.AX | Australia | $14.4B | +5% | -10% | 8% | 16.2× | 10.9% | +5.0% |
| Tourmaline Oil TOU.TO | Canada | $17.5B | -3% | +4% | 1% | 11.9× | n/a | n/a |
| Seplat Energy SEPL.L | United Kingdom | $7.14B | +56% | +25% | 27% | 19.7× | -7.1% | +38.0% |
| Vista Energy SAB de CV Sponsored ADR VIST | United States | $6.91B | -12% | +84% | 40% | 4.6× | -13.4% | +55.3% |
| Santos STO.AX | Australia | $19.2B | +11% | -8% | 21% | 8.1× | 11.7% | +9.3% |
| Magnolia Oil & Gas MGY | United States | $6.34B | -15% | +11% | 38% | 7.4× | 3.4% | +19.4% |
| Harbour Energy HBR.L | United Kingdom | $6.17B | -8% | +17% | 40% | 5.1× | n/a | n/a |
| Murphy Oil MUR | United States | $5.16B | -3% | +8% | 22% | 8.6× | -0.7% | +9.0% |
| CNX Resources CNX | United States | $4.99B | -2% | +8% | 40% | 9.3× | -5.8% | +14.6% |
| Comstock Resources CRK | United States | $3.94B | -5% | +17% | 19% | 43.4× | n/a | n/a |
| Patterson-UTI Energy PTEN | United States | $3.76B | -13% | 0% | 0% | 26.0× | 42.6% | +33.8% |
| Woodside Energy WDS.AX | Australia | $40.4B | 0% | -10% | 26% | 9.4× | n/a | n/a |
| Topaz Energy TPZ.TO | Canada | $3.17B | -9% | +22% | 60% | 22.8× | 5.9% | +29.4% |
| Jiangxi Jovo Energy 605090.SS | China | $3.02B | -37% | -7% | 9% | 11.8× | -0.6% | +17.9% |
| International Petroleum Corp. (British Columbia) IPCO.TO | Canada | $2.85B | 0% | +11% | 19% | 11.2× | n/a | n/a |