Range Stock To Go Ex-dividend Tomorrow (RRC)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- The ex-dividend date for Range Resources Corporation (NYSE: RRC) is tomorrow, September 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $70.80 as of 9:30 a.m. ET, the dividend yield is 0.2%.

The average volume for Range has been 1.9 million shares per day over the past 30 days. Range has a market cap of $11.01 billion and is part of the basic materials sector and energy industry. Shares are up 9.4% year to date as of the close of trading on Tuesday.

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company. It engages in the acquisition, exploration, and development of natural gas and oil properties primarily in the Appalachian and southwestern regions of the United States. The company has a P/E ratio of 250.9, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Range as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, expanding profit margins, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Range Ratings Report.

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