Range Resources Corporation (RRC): Today's Featured Energy Winner

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.

Range Resources Corporation ( RRC) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day down 1.1%. By the end of trading, Range Resources Corporation rose 67 cents (1%) to $67.75 on average volume. Throughout the day, 1.6 million shares of Range Resources Corporation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in a price between $66.20-$68.49 after having opened the day at $66.87 as compared to the previous trading day's close of $67.08. Other companies within the Energy industry that increased today were: Geokinetics ( GOK), up 24.4%, Cubic Energy ( QBC), up 5.4%, Dejour Energy ( DEJ), up 4.5%, and Genie Energy ( GNE), up 4%.
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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. Range Resources Corporation has a market cap of $11.07 billion and is part of the basic materials sector. The company has a P/E ratio of 252.3, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 10% year to date as of the close of trading on Tuesday. Currently there are 16 analysts that rate Range Resources Corporation a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Range Resources Corporation 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 increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, GeoGlobal Resources ( GGR), down 8.8%, Camac Energy ( CAK), down 8.2%, Triangle Petroleum ( TPLM), down 6.9%, and Houston American Energy Corporation ( HUSA), down 6.5%, were all laggards within the energy industry with National Oilwell Varco ( NOV) being today's energy industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

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