Range Resources Corp (RRC) 40.36 $RRC
Range Resources Corporation Commences Offers and Consent Solicitations for Memorial Resource Development Corp.'s Senior Notes and Range's Senior Subordinated Notes
GlobeNewswire - Wed Aug 03, 5:59AM CDT
RANGE RESOURCES CORPORATION "Range" (NYSE:RRC) announced today that, in connection with the anticipated merger of Range and Memorial Resources Development Corp. ("Memorial"
, Range has commenced offers to Eligible Holders (as defined below) (collectively, the "Eligible Holder Offers" (1) to either (a) exchange any and all outstanding 5.875% Senior Notes due 2022 issued by Memorial for up to $600 million aggregate principal amount of new senior notes issued by Range (the "Memorial Exchange Offer" or (b) purchase for cash any and all outstanding 5.875% Senior Notes due 2022 issued by Memorial (the "Memorial Cash Tender Offer", and (2) to exchange any and all outstanding senior subordinated notes issued by Range and listed in the table below for up to $1.85 billion aggregate principal amount of new senior notes issued by Range ("Range Exchange Offers".
RRC: 40.35 (+1.42)
Look for Shares of Range Resources to Potentially Rebound after Yesterday's 3.94% Sell Off
Comtex SmarTrend(R) - Mon Aug 01, 2:27PM CDT
Range Resources (NYSE:RRC) traded in a range yesterday that spanned from a low of $38.60 to a high of $39.95. Yesterday, the shares fell 3.9%, which took the trading range below the 3-day low of $39.05 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
RRC: 40.35 (+1.42)
Range Resources Set to Possibly Rebound After Yesterday's Selloff of 3.94%
Comtex SmarTrend(R) - Mon Aug 01, 2:25PM CDT
Range Resources (NYSE:RRC) traded in a range yesterday that spanned from a low of $38.60 to a high of $39.95. Yesterday, the shares fell 3.9%, which took the trading range below the 3-day low of $39.05 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
RRC: 40.35 (+1.42)
Upgrade Alert for Range Resources (RRC)
Comtex SmarTrend(R) - Fri Jul 29, 3:20AM CDT
Range Resources (NYSE:RRC) was upgraded from Accumulate to Buy at KLR Group today. The stock closed yesterday at $40.75 on volume of 3.6 million shares, below average daily volume of 4.6 million. Range Resources has overhead space with shares priced $40.75, or 14.8% below the average consensus analyst price target of $47.81. The stock should find initial support at its 50-day moving average (MA) of $34.22 and further support at its 200-day MA of $32.01.
RRC: 40.35 (+1.42)
Watch for Range Resources to Potentially Rebound After Falling 4.04% Yesterday
Comtex SmarTrend(R) - Wed Jul 27, 12:37PM CDT
Range Resources (NYSE:RRC) traded in a range yesterday that spanned from a low of $39.05 to a high of $43.01. Yesterday, the shares fell 4.0%, which took the trading range below the 3-day low of $40.38 on volume of 4.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
RRC: 40.35 (+1.42)
To All Shareholders of Range Resources Corporation
ACCESSWIRE - Wed Jul 27, 11:43AM CDT
FORT WORTH, TX / ACCESSWIRE / July 27, 2016 / Range Resources Corporation (RRC) hosted their conference call and live webcast that discussed their results for the second quarter 2016, this morning at 9:00 AM Eastern Time.
RRC: 40.35 (+1.42)
Range Resources (RRC) Incurs Lower-than-Expected Q2 Loss
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 10:08AM CDT
Range Resources Corp.'s (RRC) second-quarter 2016 adjusted loss came in at 21 cents a share, narrower than the Zacks Consensus Estimate of loss of 29 cents.
SSL: 26.72 (+0.34), DRQ: 54.18 (+0.86), MUSA: 73.97 (-0.50), RRC: 40.35 (+1.42)
Range Resources (RRC) Crosses Pivot Point Resistance at $42.39
Comtex SmarTrend(R) - Wed Jul 27, 9:14AM CDT
Shares of Range Resources (NYSE:RRC) have bullishly opened above the pivot of $41.41 today and have reached the first resistance level of $42.39. Investors may be interested in a cross of the next upside pivot targets of $42.90 and $44.39.
RRC: 40.35 (+1.42)
Range Resources Corporation Announces Record Date and Expected Meeting Date Timing for Special Stockholder Meeting Regarding Merger With Memorial Resources Development Corp.
Marketwire Canada - Mon Jul 18, 3:35PM CDT
FORT WORTH, TX--(Marketwired - Jul 18, 2016) - RANGE RESOURCES CORPORATION (NYSE: RRC) ("Range" announced today that it has established a record date and the expected timing of its meeting date for the special meeting of its stockholders to consider and vote upon (i) the proposal (the "Range Stock Issuance Proposal" to approve the issuance of shares of Range common stock, par value $0.01 per share, to stockholders of Memorial Resource Development Corp. (NYSE: MRD) ("MRD" in connection with the merger contemplated by the previously announced Agreement and Plan of Merger, dated as of May 15, 2016, by and among Range, MRD, and Medina Merger Sub, Inc., and (ii) a proposal to approve the adjournment of the Range special meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies in the event there are not sufficient votes at the time of the Range special meeting to approve the Range Stock Issuance Proposal.
MRD: 15.02 (+0.54), RRC: 40.35 (+1.42)
Memorial Resource Development Corp. Announces Meeting Date and Record Date for Special Meeting
GlobeNewswire - Mon Jul 18, 3:30PM CDT
Memorial Resource Development Corp. (Nasdaq:MRD) announced today that it will hold a special meeting of stockholders in connection with the proposed merger with Range Resources Corporation ("Range" (NYSE:RRC) on September 15, 2016 at 10:00 a.m. Central Time, at MRD's offices at 500 Dallas Street, Suite 1800, Houston, Texas 77002. At the special meeting, MRD stockholders will meet for the following purposes: (i) to vote on a proposal to approve and adopt the merger agreement and the transactions contemplated by the merger agreement, including the merger; (ii) to vote on a proposal to approve, on an advisory (non-binding) basis, the compensation that may be paid or become payable to MRD's named executive officers in connection with the merger; and (iii) to vote on a proposal to approve the adjournment of the MRD special meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies in the event there are not sufficient votes at the time of the special meeting to approve the first proposal listed above.
MRD: 15.02 (+0.54), RRC: 40.35 (+1.42)
Oil Price Stabilization Means Influx in M&A Activity
PR Newswire - Mon Jul 18, 8:00AM CDT
Current oil prices have substantially recovered as compared to its $25-$30 lower levels in first quarter of this year, to the current levels of $45-$50 by the 2nd quarter. The increase in price per barrel has given a boost to the straggling companies in the oil and gas sector. As a result, total global spend on upstream M&A deals rose significantly, as companies started to take advantage of the revival in the sector. International Western Petroleum, Inc. (OTCQB: INWP), Range Resources Corp. (NYSE: RRC), Chevron Corporation (NYSE: CVX), Exxon Mobil Corporation (NYSE: XOM), Marathon Oil Corporation (NYSE: MRO)
XOM: 86.87 (-0.17), MRO: 13.27 (+0.37), CVX: 100.02 (+0.43), RRC: 40.35 (+1.42)
MEMORIAL RESOURCE DEVELOPMENT CORP. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
BusinessWire - Wed Jul 13, 1:33PM CDT
Rigrodsky & Long, P.A.:
MRD: 15.02 (+0.54), RRC: 40.35 (+1.42)
Range Resources Falls 2.15% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Jul 13, 12:32PM CDT
Range Resources (NYSE:RRC) traded in a range yesterday that spanned from a low of $43.27 to a high of $45.01. Yesterday, the shares fell 2.1%, which took the trading range below the 3-day low of $43.36 on volume of 1.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
RRC: 40.35 (+1.42)
Is Range Resources (RRC) Stock a Solid Choice Right Now?
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 7:39AM CDT
Range Resources (RRC) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
RRC: 40.35 (+1.42)
Natural Gas Hits 13-Month High on Bullish Storage Report
Nilanjan Choudhury - Zacks Investment Research - Wed Jul 06, 8:06AM CDT
Following the below-average build and hot weather forecast, natural gas futures marked another weekly gain.
DVN: 37.87 (+1.75), EQT: 71.00 (+0.61), COG: 24.22 (+0.22), XEC: 120.17 (+3.43), WMB: 25.44 (+1.48), RRC: 40.35 (+1.42), SWN: 14.35 (+0.58)
Range Resources (RRC) Gets Approval to Spud Trinidad Well
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 5:32AM CDT
Range Resources Corp. (RRC) announced that it has received approval from the regulatory bodies in Trinidad to spud the MD 51-2 development well.
SOL: 1.20 (-0.03), FF: 11.45 (-0.05), RRC: 40.35 (+1.42), CVRR: 5.94 (+0.32)
Natural Gas Hits 9-Month High on Below-Average Build
Nilanjan Choudhury - Zacks Investment Research - Mon Jun 20, 1:25PM CDT
Following the below-average build and hot weather forecast, natural gas futures marked its highest settlement since Sep 17.
DVN: 37.87 (+1.75), EQT: 71.00 (+0.61), COG: 24.22 (+0.22), XEC: 120.17 (+3.43), WMB: 25.44 (+1.48), RRC: 40.35 (+1.42), SWN: 14.35 (+0.58)
Range Resources Corporation Commences Offers and Consent Solicitations for Memorial Resource Development Corp.'s Senior Notes and Range's Senior Subordinated Notes
GlobeNewswire - Wed Aug 03, 5:59AM CDT
RANGE RESOURCES CORPORATION "Range" (NYSE:RRC) announced today that, in connection with the anticipated merger of Range and Memorial Resources Development Corp. ("Memorial"
, Range has commenced offers to Eligible Holders (as defined below) (collectively, the "Eligible Holder Offers" (1) to either (a) exchange any and all outstanding 5.875% Senior Notes due 2022 issued by Memorial for up to $600 million aggregate principal amount of new senior notes issued by Range (the "Memorial Exchange Offer" or (b) purchase for cash any and all outstanding 5.875% Senior Notes due 2022 issued by Memorial (the "Memorial Cash Tender Offer", and (2) to exchange any and all outstanding senior subordinated notes issued by Range and listed in the table below for up to $1.85 billion aggregate principal amount of new senior notes issued by Range ("Range Exchange Offers". RRC: 40.35 (+1.42)
Look for Shares of Range Resources to Potentially Rebound after Yesterday's 3.94% Sell Off
Comtex SmarTrend(R) - Mon Aug 01, 2:27PM CDT
Range Resources (NYSE:RRC) traded in a range yesterday that spanned from a low of $38.60 to a high of $39.95. Yesterday, the shares fell 3.9%, which took the trading range below the 3-day low of $39.05 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
RRC: 40.35 (+1.42)
Range Resources Set to Possibly Rebound After Yesterday's Selloff of 3.94%
Comtex SmarTrend(R) - Mon Aug 01, 2:25PM CDT
Range Resources (NYSE:RRC) traded in a range yesterday that spanned from a low of $38.60 to a high of $39.95. Yesterday, the shares fell 3.9%, which took the trading range below the 3-day low of $39.05 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
RRC: 40.35 (+1.42)
Upgrade Alert for Range Resources (RRC)
Comtex SmarTrend(R) - Fri Jul 29, 3:20AM CDT
Range Resources (NYSE:RRC) was upgraded from Accumulate to Buy at KLR Group today. The stock closed yesterday at $40.75 on volume of 3.6 million shares, below average daily volume of 4.6 million. Range Resources has overhead space with shares priced $40.75, or 14.8% below the average consensus analyst price target of $47.81. The stock should find initial support at its 50-day moving average (MA) of $34.22 and further support at its 200-day MA of $32.01.
RRC: 40.35 (+1.42)
Watch for Range Resources to Potentially Rebound After Falling 4.04% Yesterday
Comtex SmarTrend(R) - Wed Jul 27, 12:37PM CDT
Range Resources (NYSE:RRC) traded in a range yesterday that spanned from a low of $39.05 to a high of $43.01. Yesterday, the shares fell 4.0%, which took the trading range below the 3-day low of $40.38 on volume of 4.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
RRC: 40.35 (+1.42)
To All Shareholders of Range Resources Corporation
ACCESSWIRE - Wed Jul 27, 11:43AM CDT
FORT WORTH, TX / ACCESSWIRE / July 27, 2016 / Range Resources Corporation (RRC) hosted their conference call and live webcast that discussed their results for the second quarter 2016, this morning at 9:00 AM Eastern Time.
RRC: 40.35 (+1.42)
Range Resources (RRC) Incurs Lower-than-Expected Q2 Loss
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 10:08AM CDT
Range Resources Corp.'s (RRC) second-quarter 2016 adjusted loss came in at 21 cents a share, narrower than the Zacks Consensus Estimate of loss of 29 cents.
SSL: 26.72 (+0.34), DRQ: 54.18 (+0.86), MUSA: 73.97 (-0.50), RRC: 40.35 (+1.42)
Range Resources (RRC) Crosses Pivot Point Resistance at $42.39
Comtex SmarTrend(R) - Wed Jul 27, 9:14AM CDT
Shares of Range Resources (NYSE:RRC) have bullishly opened above the pivot of $41.41 today and have reached the first resistance level of $42.39. Investors may be interested in a cross of the next upside pivot targets of $42.90 and $44.39.
RRC: 40.35 (+1.42)
Range Resources Corporation Announces Record Date and Expected Meeting Date Timing for Special Stockholder Meeting Regarding Merger With Memorial Resources Development Corp.
Marketwire Canada - Mon Jul 18, 3:35PM CDT
FORT WORTH, TX--(Marketwired - Jul 18, 2016) - RANGE RESOURCES CORPORATION (NYSE: RRC) ("Range"
announced today that it has established a record date and the expected timing of its meeting date for the special meeting of its stockholders to consider and vote upon (i) the proposal (the "Range Stock Issuance Proposal" to approve the issuance of shares of Range common stock, par value $0.01 per share, to stockholders of Memorial Resource Development Corp. (NYSE: MRD) ("MRD" in connection with the merger contemplated by the previously announced Agreement and Plan of Merger, dated as of May 15, 2016, by and among Range, MRD, and Medina Merger Sub, Inc., and (ii) a proposal to approve the adjournment of the Range special meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies in the event there are not sufficient votes at the time of the Range special meeting to approve the Range Stock Issuance Proposal. MRD: 15.02 (+0.54), RRC: 40.35 (+1.42)
Memorial Resource Development Corp. Announces Meeting Date and Record Date for Special Meeting
GlobeNewswire - Mon Jul 18, 3:30PM CDT
Memorial Resource Development Corp. (Nasdaq:MRD) announced today that it will hold a special meeting of stockholders in connection with the proposed merger with Range Resources Corporation ("Range"
(NYSE:RRC) on September 15, 2016 at 10:00 a.m. Central Time, at MRD's offices at 500 Dallas Street, Suite 1800, Houston, Texas 77002. At the special meeting, MRD stockholders will meet for the following purposes: (i) to vote on a proposal to approve and adopt the merger agreement and the transactions contemplated by the merger agreement, including the merger; (ii) to vote on a proposal to approve, on an advisory (non-binding) basis, the compensation that may be paid or become payable to MRD's named executive officers in connection with the merger; and (iii) to vote on a proposal to approve the adjournment of the MRD special meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies in the event there are not sufficient votes at the time of the special meeting to approve the first proposal listed above. MRD: 15.02 (+0.54), RRC: 40.35 (+1.42)
Oil Price Stabilization Means Influx in M&A Activity
PR Newswire - Mon Jul 18, 8:00AM CDT
Current oil prices have substantially recovered as compared to its $25-$30 lower levels in first quarter of this year, to the current levels of $45-$50 by the 2nd quarter. The increase in price per barrel has given a boost to the straggling companies in the oil and gas sector. As a result, total global spend on upstream M&A deals rose significantly, as companies started to take advantage of the revival in the sector. International Western Petroleum, Inc. (OTCQB: INWP), Range Resources Corp. (NYSE: RRC), Chevron Corporation (NYSE: CVX), Exxon Mobil Corporation (NYSE: XOM), Marathon Oil Corporation (NYSE: MRO)
XOM: 86.87 (-0.17), MRO: 13.27 (+0.37), CVX: 100.02 (+0.43), RRC: 40.35 (+1.42)
MEMORIAL RESOURCE DEVELOPMENT CORP. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
BusinessWire - Wed Jul 13, 1:33PM CDT
Rigrodsky & Long, P.A.:
MRD: 15.02 (+0.54), RRC: 40.35 (+1.42)
Range Resources Falls 2.15% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Jul 13, 12:32PM CDT
Range Resources (NYSE:RRC) traded in a range yesterday that spanned from a low of $43.27 to a high of $45.01. Yesterday, the shares fell 2.1%, which took the trading range below the 3-day low of $43.36 on volume of 1.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
RRC: 40.35 (+1.42)
Is Range Resources (RRC) Stock a Solid Choice Right Now?
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 7:39AM CDT
Range Resources (RRC) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
RRC: 40.35 (+1.42)
Natural Gas Hits 13-Month High on Bullish Storage Report
Nilanjan Choudhury - Zacks Investment Research - Wed Jul 06, 8:06AM CDT
Following the below-average build and hot weather forecast, natural gas futures marked another weekly gain.
DVN: 37.87 (+1.75), EQT: 71.00 (+0.61), COG: 24.22 (+0.22), XEC: 120.17 (+3.43), WMB: 25.44 (+1.48), RRC: 40.35 (+1.42), SWN: 14.35 (+0.58)
Range Resources (RRC) Gets Approval to Spud Trinidad Well
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 5:32AM CDT
Range Resources Corp. (RRC) announced that it has received approval from the regulatory bodies in Trinidad to spud the MD 51-2 development well.
SOL: 1.20 (-0.03), FF: 11.45 (-0.05), RRC: 40.35 (+1.42), CVRR: 5.94 (+0.32)
Natural Gas Hits 9-Month High on Below-Average Build
Nilanjan Choudhury - Zacks Investment Research - Mon Jun 20, 1:25PM CDT
Following the below-average build and hot weather forecast, natural gas futures marked its highest settlement since Sep 17.
DVN: 37.87 (+1.75), EQT: 71.00 (+0.61), COG: 24.22 (+0.22), XEC: 120.17 (+3.43), WMB: 25.44 (+1.48), RRC: 40.35 (+1.42), SWN: 14.35 (+0.58)
