Range Resources: Low-Cost Natural Gas Stock Ready To Fuel Your Portfolio
Range Resources' Q3-2024 results exceeded expectations, driving a 3.5% stock price increase with significant trading volume. The company benefits from low-cost production and strategic positioning in the Marcellus Shale, ensuring competitive advantage and profitability. Despite commodity price risks, effective hedging strategies mitigate potential negative impacts on the company's financials.
Range Resources: Positive Guidance Revisions With Its Q3 2024 Earnings
Range increased its production guidance by 1% with its Q3 2024 report. It has also made progress with reducing costs, and its current guidance has costs around $0.06 per Mcfe lower than initial guidance. Range's 2024 free cash flow is driven by its hedges.
Range Resources Corporation (RRC) Q3 2024 Earnings Call Transcript
Range Resources Corporation (NYSE:RRC ) Q3 2024 Results Conference Call October 23, 2024 9:00 AM ET Company Participants Laith Sando - Vice President, Investor Relations Dennis Degner - Chief Executive Officer Mark Scucchi - Chief Financial Officer Alan Engberg - Vice President Liquid Marketing Conference Call Participants Scott Hanold - RBC Neil Mehta - Goldman Sachs & Company Doug Leggate - Wolfe Research Jacob Roberts - TPH & Company Kevin McCurdy - Pickering Energy Partners Roger Read - Wells Fargo Securities Bertrand Donnes - Truist Michael Scialla - Stephens Leo Mariani - Roth Paul Diamond - Citi Operator Hello. Welcome to the Range Resources Third Quarter 2024 Earnings Conference Call.
RRC Beats on Q3 Earnings & Revenues, Ups '24 Production View
Range Resources' Q3 earnings benefit from increased production volumes and higher realized prices for natural gas liquids.
Range Resources (RRC) Q3 Earnings and Revenues Top Estimates
Range Resources (RRC) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.46 per share a year ago.
Analysts Estimate Range Resources (RRC) to Report a Decline in Earnings: What to Look Out for
Range Resources (RRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Natural Gas Price Rise on the Horizon: RRC, EQT, AR Stocks to Gain
As the United States boosts LNG exports, tighter domestic natural gas supply will drive up prices, benefiting RRC, EQT and AR.
Here's Why You Should Hold on to Range Resources Stock Now
RRC boasts decades of low-risk drilling inventory in Appalachia, brightening its production outlook. However, the stock is exposed to gas price volatility.
2 Stocks to Navigate Natural Gas' Choppy Landscape: RRC, AR
Based on several factors impacting the natural gas market, we recommend investors hold on to stocks like RRC and AR.
High Risk, High Reward - Why Range Resources Could Rise From $30 To $200
The current market is highly valued, making it difficult to find bargains, even in previously undervalued sectors like real estate. Energy stocks, particularly natural gas producers like Range Resources, present attractive opportunities due to low prices and high-quality business models. Range Resources is undervalued, with strong free cash flow, a solid balance sheet, and a dividend, making it a compelling buy despite recent price declines.
Why Is Range Resources (RRC) Down 3.6% Since Last Earnings Report?
Range Resources (RRC) reported earnings 30 days ago. What's next for the stock?
Range Resources: A Buy Despite Mixed H1-2024 Earnings Report
Range Resources reported mixed H1-2024 results, with lower revenues but higher earnings per share. Stock performance shows stability, with a 3% YTD decrease and 11% YOY increase. Range Resources has competitive advantages in low operating costs, efficient operations, and diversified market outlets, positioning it well for future growth.
