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 was unchanged today. By the end of trading, Range Resources Corporation rose $1.64 (2.2%) to $75.96 on average volume. Throughout the day, 1,825,896 shares of Range Resources Corporation exchanged hands as compared to its average daily volume of 1,643,000 shares. The stock ranged in a price between $74.09-$76.50 after having opened the day at $74.32 as compared to the previous trading day's close of $74.32. Other companies within the Energy industry that increased today were: Adams Resources & Energy ( AE), up 15.8%, Penn Virginia Corporation ( PVA), up 8.9%, Syntroleum Corporation ( SYNM), up 8.2% and Emerald Oil ( EOX), up 7.1%.
  • EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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 $12.3 billion and is part of the basic materials sector. The company has a P/E ratio of 1077.1, above the S&P 500 P/E ratio of 17.7. Shares are up 18.3% year to date as of the close of trading on Wednesday. Currently there are 12 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 hold. 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.

On the negative front, Willbros Group ( WG), down 20.6%, KiOR ( KIOR), down 10.3%, Laredo Petroleum Holdings ( LPI), down 7.1% and Mexco Energy Corporation ( MXC), down 6.9% , were all laggards within the energy industry with Seadrill ( SDRL) 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).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.