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Stock impact report

Range Resources: NGL Prices Are Benefiting From The Iran Conflict (Downgrade) [Seeking Alpha]

Range Resources Corporation (RRC) 
Last range resources corporation earnings: 4/30 05:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.rangeresources.com
Company Research Source: Seeking Alpha
Around 16% of Range's production (currently accounting for 35% of its 2026 unhedged revenues) is seeing significantly improved near-term prices. Range is now projected to generate $859 million in 2026 free cash flow after cash income taxes. It increased its quarterly dividend by 11% to $0.10 per share, resulting in $94 million in dividend payments per year. I've increased my estimate of Range's value from $39.50 to $44 per share due to a $5 increase in my long-term oil price plus its improved 2026 free cash flow projections. Looking for more investing ideas like this one? Get them exclusively at Distressed Value Investing. Learn More » Alones Creative/iStock via Getty Images Less than 2% of Range Resources' ( RRC ) production is oil, but it still benefits from higher oil prices. That is because approximately 14% of Range's total production involves NGL components that have prices that move with More on my IG service Free Trial Offer We are currently offering a free Show less Read more
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