Range Resources Corp（RRC）股票分析RRCRange Resources Corp

Range Resources Corporation is an independent natural gas and natural gas liquids (NGLs) producer. The Company is engaged in the exploration, development and acquisition of natural gas and oil properties in the Appalachian region of the United States. Its principal area of operations is the Marcellus Shale in Pennsylvania. Its properties consist of interests in developed and undeveloped natural gas and oil leases. It owns approximately 1,577 net producing wells in Pennsylvania. It holds a portfolio of drilling opportunities and unbooked resource potential within the Marcellus, Utica/Point Pleasant and Upper Devonian formations. Its exploration and production operations are limited to the onshore United States. It has approximately 879,000 gross (769,000 net) acres under lease. Its subsidiaries include Range Resources-Appalachia, LLC, Range Resources-Pine Mountain, LLC, Range Production Company, LLC, Range Resources-Midcontinent, LLC and Range Resources-Louisiana, Inc. It operates in the Energy sector (CRUDE PETROLEUM & NATURAL GAS industry).

Range Resources Corp (RRC) is a good buy right now due to its current price of $45.52, which is near the bullish price target of $46 suggested by recent patterns. The RSI is at 81.59, indicating strong momentum, while the forward P/E ratio of 9.98 suggests the stock is undervalued compared to its earnings potential. However, the main risk is the recent downgrade from Truist, lowering the price target to $43, indicating potential short-term volatility.

34 analysts cover RRC: 24 rate it Buy, 9 Hold and 1 Sell. The average price target is 42.00.