Range Resources Corporation (RRC): Today's Featured Energy Laggard
(
) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.9%. By the end of trading, Range Resources Corporation fell $1.36 (-1.7%) to $77.73 on heavy volume. Throughout the day, 2,473,047 shares of Range Resources Corporation exchanged hands as compared to its average daily volume of 1,631,600 shares. The stock ranged in price between $77.49-$80.31 after having opened the day at $80.10 as compared to the previous trading day's close of $79.09. Other companies within the Energy industry that declined today were:
(
), down 6.1%,
(
), down 5.5%,
(
), down 5.4% and
(
), down 5.1%.
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. It engages in the acquisition, exploration, and development of natural gas and oil properties. Range Resources Corporation has a market cap of $13.0 billion and is part of the basic materials sector. Shares are up 25.9% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Range Resources Corporation a buy, no analysts rate it a sell, and 14 rate it a hold.
TheStreet Ratings rates
Range Resources Corporation
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.
- You can view the full Range Resources Corporation Ratings Report.
On the positive front,
(
), up 13.8%,
(
), up 10.8%,
Houston American Energy Corporation
(
), up 7.7% and
(
), up 7.0% , were all gainers within the energy industry with
Petroleo Brasileiro SA Petrobras
(
) being today's featured energy industry leader.
- Use our energy section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
(
) while those bearish on the energy industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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