Friday 6 November 2026
Export RRC’s income statement to Excel — free account
Range Resources Corporation
RRC Energy Oil & Gas E&P
Range Resources Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 28.9% from fiscal 2024.
- Revenue
- +12.6%
- EPS
- +23.0%
- Free cash flow
- +59.6%
- Total debt
- −35.8%
Quarter to September 2026, against a year earlier
50.26
1.84
−3.53%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 1,100 | 2,611 | 3,283 | 2,828 | 1,969 | 2,930 | 4,147 | 3,375 | 2,417 | 3,116 | 3,531 | +12.3% | 3,598 | 3,771 | 3,975 | +8.5% | |
| Gross margin, % | 81.74 | 89.51 | 83.85 | 85.97 | 88.78 | 86.66 | 89.06 | 93.20 | 93.07 | 93.08 | 93.33 | +11.3 pt | ||||||
| EBT | (802) | 82 | (1,777) | (2,217) | (737) | 402 | 1,414 | 1,100 | 251 | 832 | 1,142 | n/m | ||||||
| EBT margin, % | (72.93) | 3.15 | (54.13) | (78.39) | (37.45) | 13.72 | 34.09 | 32.60 | 10.37 | 26.70 | 32.36 | +99.6 pt | ||||||
| Net income | (521) | 333 | (1,746) | (1,716) | (712) | 412 | 1,183 | 871 | 266 | 658 | 891 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 5.79 | 10.65 | 13.33 | 11.40 | 8.16 | 12.07 | 17.22 | 14.24 | 10.04 | 13.09 | 15.12 | +9.5% | |||||
| Earnings | (2.75) | 1.34 | (7.10) | (6.92) | (2.95) | 1.65 | 4.79 | 3.61 | 1.10 | 2.76 | 3.79 | n/m | ||||||
| Cash flow | 2.04 | 3.33 | 4.02 | 2.75 | 1.11 | 3.27 | 7.74 | 4.13 | 3.92 | 4.92 | 6.08 | +10.3% | ||||||
| Capex | (2.70) | (4.95) | (4.16) | (3.02) | (1.80) | (1.72) | (2.03) | (2.56) | (2.61) | (2.70) | (2.96) | 0.0% | ||||||
| Free cash flow | (0.66) | (1.62) | (0.13) | (0.27) | (0.69) | 1.54 | 5.72 | 1.57 | 1.31 | 2.23 | 3.11 | n/m | ||||||
| Book value | 28.48 | 23.56 | 16.49 | 9.47 | 6.78 | 8.59 | 11.94 | 15.89 | 16.36 | 18.15 | 20.87 | (4.9%) | ||||||
| Shares, m | 190 | 245 | 246 | 248 | 241 | 243 | 241 | 237 | 241 | 238 | 235 | +2.5% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 13.37 | 0.00 | 0.00 | 0.00 | 11.21 | 4.81 | 8.58 | 32.71 | 12.78 | 13.26 | 8.3 | |||||
| P/S | 5.63 | 1.68 | 0.72 | 0.43 | 0.82 | 1.48 | 1.35 | 2.16 | 3.58 | 2.69 | 3.32 | 2.1 | ||||||
| P/B | 1.14 | 0.76 | 0.58 | 0.51 | 0.99 | 2.08 | 1.95 | 1.94 | 2.20 | 1.94 | 2.41 | 1.4 | ||||||
| EV/Sales | 9.06 | 3.26 | 1.89 | 1.56 | 2.39 | 2.40 | 1.81 | 2.65 | 4.16 | 3.27 | 3.72 | 3.2 | ||||||
| EV/FCF | (79.25) | (21.45) | (191.67) | (66.13) | (28.22) | 18.81 | 5.46 | 24.07 | 31.82 | 19.24 | 18.05 | (28.7) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 387 | 816 | 991 | 682 | 269 | 793 | 1,865 | 978 | 945 | 1,171 | 1,419 | +13.1% | |||||
| Capex | (513) | (1,213) | (1,023) | (748) | (435) | (419) | (488) | (607) | (629) | (642) | (692) | +2.5% | ||||||
| Free cash flow | (126) | (396) | (32) | (67) | (167) | 374 | 1,377 | 371 | 316 | 530 | 727 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (421) | (326) | (153) | (139) | (417) | (416) | (481) | 287 | (553) | (217) | (163) | (7.1%) | |||||
| Net debt | 3,773 | 4,108 | 3,836 | 3,200 | 3,085 | 2,711 | 1,909 | 1,562 | 1,393 | 1,198 | 781 | (12.0%) | ||||||
| Shareholders’ equity | 5,408 | 5,774 | 4,059 | 2,347 | 1,638 | 2,086 | 2,876 | 3,766 | 3,937 | 4,319 | 4,872 | (2.5%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (5.74) | 2.86 | (16.30) | (21.04) | (11.17) | 6.27 | 17.38 | 12.38 | 3.64 | 8.89 | 11.99 | +14.6 pt | |||||
| ROIC | (3.52) | 3.72 | (8.24) | (8.59) | (8.60) | 8.29 | 21.91 | 14.90 | 4.43 | 10.94 | 13.87 | +14.5 pt | ||||||
| ROE | (12.77) | 5.89 | (35.53) | (53.58) | (35.72) | 21.54 | 46.55 | 25.78 | 6.88 | 15.91 | 19.61 | +28.7 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 762 | 773 | 796 | 655 | 533 | 527 | 544 | 548 | 565 | 564 | — | (3.3%) | |||||
| Revenue/emp, $m | 1.44 | 3.38 | 4.12 | 4.32 | 3.69 | 5.56 | 7.62 | 6.16 | 4.28 | 5.52 | — | +16.1% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026
Business profile
Where the money comes from and where it goes Fiscal 2017
| Natural Gas, NGLs and Oil Sales | 2,176 | 83.35% |
|---|---|---|
| Brokered Natural Gas, Marketing and Other | 221 | 8.48% |
| Other, not broken out | 213 | 8.17% |
| Gross margin | 89.51% | |
| Operating margin | 22.50% | |
| Pre-tax margin | 3.15% |
Range Resources Corporation vs peers in Oil & Gas E&P (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| EXE Expand Energy Corporation | $19.7B | 7.4× | 7.9× | +10.79% (above 0%: growing) | −2.61% (below 0%: shrinking) | +2.49% (above 0%: growing) | 74.25% | 19.48% | Compare |
| TPL Texas Pacific Land Corporation | $18.8B | 32.3× | 35.9× | +34.62% (above 0%: growing) | +38.33% (above 0%: growing) | +83.99% (above 0%: growing) | 100.00% | 76.00% | Compare |
| PR Permian Resources Corporation | $17.9B | 10.9× | 11.1× | +48.11% (above 0%: growing) | +525.00% (above 0%: growing) | −56.18% (below 0%: shrinking) | 0.00% | 45.35% | Compare |
| APA APA Corporation | $15.2B | 7.1× | 7.7× | +39.35% (above 0%: growing) | +252.63% (above 0%: growing) | +81.05% (above 0%: growing) | 0.00% | 42.67% | Compare |
| RRC Range Resources Corporation | $11.7B | 13.3× | 13.3× | +12.60% (above 0%: growing) | +22.95% (above 0%: growing) | +59.63% (above 0%: growing) | 93.57% | 29.00% | |
| AR Antero Resources Corporation | $11.2B | 8.2× | 8.7× | +28.74% (above 0%: growing) | +377.72% (above 0%: growing) | −55.76% (below 0%: shrinking) | 45.18% | 25.07% | Compare |
| CHRD Chord Energy Corporation | $7.2B | 8.3× | 6.8× | +30.01% (above 0%: growing) | +46.02% (above 0%: growing) | +257.56% (above 0%: growing) | 0.00% | 29.60% | Compare |
| SM SM Energy Company | $7.1B | 7.2× | 5.5× | +167.38% (above 0%: growing) | −70.93% (below 0%: shrinking) | +369.43% (above 0%: growing) | 73.55% | 10.88% | Compare |
| VIST Vista Energy, S.A.B. de C.V. - Sponsored ADR | $6.4B | 7.5× | 9.9× | +83.39% (above 0%: growing) | −10.66% (below 0%: shrinking) | −82.86% (below 0%: shrinking) | 54.75% | 45.65% | Compare |
| Median of peers | $13.2B | 7.9× | 8.3× | +36.99% | +42.17% | +41.77% | 49.97% | 36.14% |
Largest institutional holders 13F, quarter to 30 June 2026
Held by institutions
101.91%
Held by the ten largest
63.38%
| Holder | Shares | Stake | Change |
|---|---|---|---|
| T. Rowe Price | 30.08m | 12.87% | −305.49k |
| Vanguard | 26.33m | 11.27% | +367.41k |
| BlackRock | 23.34m | 9.99% | +696.96k |
| Fidelity (FMR) | 12.60m | 5.39% | −1.94m |
| Boston Partners | 12.23m | 5.23% | +239.28k |
| Lingotto Investment Management LLP | 11.05m | 4.73% | +3.85m |
| Dimensional Fund Advisors | 9.58m | 4.10% | +384.23k |
| State Street | 9.39m | 4.02% | +251.05k |
| Invesco | 6.84m | 2.93% | +1.53m |
| Orbis Allan Gray Ltd | 6.69m | 2.86% | +3.99m |
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.
Pay and ownership Proxy statement filed 31 March 2026
Ownership
Directors and executive officers, together
1.10%
Baltimore, Maryland
12.64%
Malvern, PA
10.40%
New York, New York
9.57%
Boston, MA
6.81%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
Range Resources Corporation (RRC) Latest News
29 Oct
28 Oct
27 Oct
26 Oct
RRC metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
Range Resources is an independent producer of natural gas, natural gas liquids, or NGLs, and oil. It explores for, develops and acquires properties containing these resources, primarily in Pennsylvania’s Marcellus Shale. Its oil production is predominantly condensate, a liquid hydrocarbon associated with natural gas. Range is based in Fort Worth, Texas, and was incorporated in 1980. It was reported on 28 October 2026 that Dennis Degner was its chief executive.
The company holds interests in leases that give it the right to drill for and produce hydrocarbons in specified areas. It operates almost all of its net production, meaning it directs the work at most of the wells attributable to its ownership interests. At the end of 2025, it had 1,579 gross (1,499 net) operating producing wells. Its average daily production for the year was 2.24 Bcfe per day, a measure that expresses gas and liquids on a natural-gas-equivalent basis.