Shares of RRC Up 20.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu Mar 31, 1:11AM CDT
SmarTrend identified an Uptrend for Range Resources (NYSE:RRC) on March 2nd, 2016 at $26.92. In approximately 4 weeks, Range Resources has returned 20.23% as of today's recent price of $32.36.
RRC: 32.38 (+0.02)
Range Resources Closes Sale of its Bradford County Assets
Zacks Equity Research - Zacks Investment Research - Tue Mar 29, 8:20AM CDT
Range Resources Corporation (RRC) has closed its Bradford County non-operated asset sale.
SEDG: 25.14 (-0.03), EVA: 21.72 (-0.16), RRC: 32.38 (+0.02), STO: 15.56 (-0.12)
Range Announces Closing of Bradford County Asset Sale
Marketwired - Mon Mar 28, 5:03PM CDT
RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that it has completed the sale of its Bradford County non-operated assets. After purchase price adjustments based upon a January 1st effective date, Range received approximately $110 million of sales proceeds at the closing plus retaining the net cash flow since the effective date. In early February, Range signed a purchase and sale agreement covering its non-operating Marcellus interest in Bradford County, Pennsylvania for approximately $112 million. Range sold an average working interest of 23% covering approximately 10,900 net acres with net production of approximately 22 Mmcf per day.
RRC: 32.38 (+0.02)
Range Resources (RRC) Stock Price Target Hiked at KeyBanc
at The Street - Mon Mar 28, 3:50PM CDT
Range Resources (RRC) price target was increased to $33 from $33 at KeyBanc earlier today.
RRC: 32.38 (+0.02)
EIA Reports First Natural Gas Injection of 2016
Nilanjan Choudhury - Zacks Investment Research - Mon Mar 28, 10:57AM CDT
The first injection of 2016 has added to the already bloated natural gas inventories.
AR: 24.87 (-0.02), RICE: 13.96 (+0.43), COG: 22.71 (unch), XEC: 97.27 (+0.71), RRC: 32.38 (+0.02), SWN: 8.07 (+0.37)
Watch for Range Resources to Potentially Rebound After Falling 2.18% Yesterday
Comtex SmarTrend(R) - Thu Mar 24, 12:47PM CDT
Range Resources (NYSE:RRC) traded in a range yesterday that spanned from a low of $29.38 to a high of $30.50. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $31.15 on volume of 2.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
RRC: 32.38 (+0.02)
Range Resources Set to Possibly Rebound After Yesterday's Selloff of 2.18%
Comtex SmarTrend(R) - Thu Mar 24, 12:45PM CDT
Range Resources (NYSE:RRC) traded in a range yesterday that spanned from a low of $29.38 to a high of $30.50. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $31.15 on volume of 2.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
RRC: 32.38 (+0.02)
Range Resources (RRC) Stock Drops on Ratings Downgrade
at The Street - Thu Mar 24, 7:48AM CDT
Range Resources (RRC) stock is declining after a rating cut to 'underweight' at Barclays this morning.
RRC: 32.38 (+0.02)
Downgrade Alert for Range Resources (RRC)
Comtex SmarTrend(R) - Wed Mar 23, 3:17AM CDT
Range Resources (NYSE:RRC) was downgraded from Outperform to Market Perform at Raymond James today. The stock closed yesterday at $32.78 on volume of 2.8 million shares, below average daily volume of 6.7 million. Potential upside of 45.9% exists for Range Resources, based on a current level of $32.78 and analysts' average consensus price target of $47.81. The stock should hit resistance at its 200-day moving average (MA) of $33.90, as well as support at its 50-day MA of $27.57.
RRC: 32.38 (+0.02)
Natural Gas Rallies but Fundamentals Remain Bearish
Nilanjan Choudhury - Zacks Investment Research - Mon Mar 21, 3:29PM CDT
Natural gas futures hit a 1-month high despite EIA's bearish inventory report.
AR: 24.87 (-0.02), RICE: 13.96 (+0.43), COG: 22.71 (unch), XEC: 97.27 (+0.71), CRK: 0.77 (-0.08), RRC: 32.38 (+0.02), SWN: 8.07 (+0.37)
The Securities Arbitration Law Firm of Klayman & Toskes, P.A. Launches Investigation into Sales Practice Violations of Brokerage Firms Related to Concentrated Positions in Energy Company Stocks Collateralized by Margin Loans
BusinessWire - Mon Mar 21, 2:14PM CDT
The Securities Arbitration Law Firm of Klayman & Toskes, P.A. ("K&T"
KMI: 17.86 (unch), DVN: 27.44 (+1.24), CNX: 11.29 (-0.07), OKE: 29.86 (+0.82), RRC: 32.38 (+0.02), NOV: 31.10 (unch), MUR: 25.19 (+0.77), ESV: 10.37 (+0.19), WMB: 16.07 (+0.41), LINE: 0.36 (-0.02), MRO: 11.14 (+0.61), SWN: 8.07 (+0.37)
Best Energy ETF of the Week: United States Natural Gas Fund, LP (UNG, CHK, RRC, AR, RICE)
Matthew DiLallo, The Motley Fool - Motley Fool - Fri Mar 18, 3:05PM CDT
Crude oil made big headlines this week after it crossed over the $40-a-barrel mark for the first time this year. Natural gas was actually the real story this week: It outperformed crude, fueling a big jump in the United States Natural Gas Fund ,...
AR: 24.87 (-0.02), RICE: 13.96 (+0.43), UNG: 6.66 (-0.10), CHK: 4.12 (+0.11), RRC: 32.38 (+0.02)
Range Announces Conference Call to Discuss First Quarter 2016 Financial Results
Marketwired - Fri Mar 18, 2:16PM CDT
RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its first quarter 2016 financial results news release will be issued Thursday, April 28 after the close of trading on the New York Stock Exchange.
RRC: 32.38 (+0.02)
Range Announces Annual Borrowing Base Approval
Marketwired - Thu Mar 17, 3:27PM CDT
RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that the Company's existing $3 billion Borrowing Base and $2 billion Commitment Amount under its $4 billion bank credit facility have been unanimously approved by its 29 lenders. Under the terms of the credit agreement, Range is subject to an annual Borrowing Base redetermination with the next redetermination scheduled for May 1, 2017. The credit facility matures in October, 2019. The financial covenants were unchanged. The outstanding principal balance drawn under the credit facility at December 31, 2015 was $95 million.
RRC: 32.38 (+0.02)
Range Resources Looks Ready to Rally
at The Street - Wed Mar 16, 12:51PM CDT
I suspect we will see a $25 to $40 trading range in the months ahead as RRC builds a bigger base.
RRC: 32.38 (+0.02)
Natural Gas Rebounds on Inventory, Weather News
Nilanjan Choudhury - Zacks Investment Research - Mon Mar 14, 11:04AM CDT
Natural gas futures bounced off their 17-year low following EIA's in-line inventory report and favorable weather forecasts.
AR: 24.87 (-0.02), RICE: 13.96 (+0.43), COG: 22.71 (unch), XEC: 97.27 (+0.71), CRK: 0.77 (-0.08), RRC: 32.38 (+0.02), SWN: 8.07 (+0.37)
Range Resources' Deep Focus on Marcellus to Affect Growth
Zacks Equity Research - Zacks Investment Research - Thu Mar 10, 2:55PM CST
On Mar 8, 2016, we issued an updated research report on Range Resources Corporation (RRC).
SEDG: 25.14 (-0.03), EVA: 21.72 (-0.16), BAK: 12.91 (-0.12), RRC: 32.38 (+0.02)
Range Resources (RRC) Stock Dives, Oil Falls Ahead of Stockpile Data
at The Street - Tue Mar 08, 1:59PM CST
Range Resources (RRC) shares are plummeting on Tuesday afternoon with falling oil prices as investors expected Wednesday's supply data to show another record high build.
RRC: 32.38 (+0.02)
Why Are Natural Gas Stocks Plummeting Today?
Ryan McQueeney - Zacks Investment Research - Tue Mar 08, 12:18PM CST
The natural gas industry is taking a hit in morning trading Tuesday as investors react to yesterday's weekly inventory release and the early onset of spring.
GASL: 26.12 (+1.03), RICE: 13.96 (+0.43), COG: 22.71 (unch), UPL: 0.50 (+0.04), XEC: 97.27 (+0.71), CRK: 0.77 (-0.08), RRC: 32.38 (+0.02), SWN: 8.07 (+0.37), GASX: 20.05 (-0.86)