Range Resources (RRC)
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-09
$41.74-0.36%
Close 2026-09-09 · 1-day change
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-09
Intact: The reason to own it still holds.
Range Resources grows revenue by over $200 million next year. Net income more than doubles to $341.6 million in Q1 2026. Cash from operations rises strongly to support growth and dividends. The stock trades cheap with a PE of 10.6 versus peers at 16.2.
Natural gas prices could weaken, hurting revenue and cash flow. Capital spending near $650 million may pressure free cash flow. Analyst estimates have been revised down slightly. The sector faces headwinds that could limit growth.
The price is about 4% above our fair value near $36, reflecting roughly 8% revenue growth. Our fair value is 25% below the Street median, indicating the market prices in moderate growth but not peak optimism.
Breaks if: Capex exceeds $700 million in FY2026
Breaks if: Cash from operations falls below $257.5 million in any quarter next year
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a multi-year view on a company in the energy sector, which is currently experiencing a tailwind. The thesis is in a state of mixed execution, with management focused on disciplined growth and capital allocation.
The market seems to price RRC as cheap compared to its peers, reflecting a low expectations gap. However, there is some fragility due to weak execution quality and a turbulent sector environment.
Management is on track with its growth plan, showing steady production increases. However, capital spending and shareholder returns are mixed, which could impact future performance.
The long-term thesis hinges on inflation trends and the performance of sector bellwethers like COP, EOG, and OXY. A potential cut in guidance could negatively impact sentiment and estimates.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports this improved outlook. There are no current threats impacting the thesis.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Focus on enhancing cash flow from operating activities to support growth and shareholder returns.
Breaks if: Net income falls below $179 million in any quarter next year
Breaks if: Revenue falls below $820 million in any quarter next year
The outlook for RRC over the next 1 to 3 years is uncertain due to mixed execution and sector dynamics. Not investment advice.