Range Resources Corporation (RRC) Dips 5.95%

Range Resources Corporation (RRC) Dips 5.95%

Range Resources Corporation is a Fort Worth-based Range Resources is an independent exploration and production company with operations throughout the southern, central, and northeastern United States.

Among the S&P 500’s biggest fallers on Friday February 26 was Range Resources Corporation (RRC). The stock experienced a 5.95% decline to $9.64 with 6.21 million shares changing hands.

Range Resources Corporation started at an opening price of 10.04 and hit a high of $10.33 and a low of $9.58. Ultimately, the stock took a hit and finished the day at $0.61 per share. Range Resources Corporation trades an average of n/a shares a day out of a total 258.57 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Range Resources Corporation hit a high of $11.60 and a low of $1.62 over the last year.

Fort Worth-based Range Resources is an independent exploration and production company with operations throughout the southern, central, and northeastern United States, where its focus includes the Marcellus Shale in Pennsylvania. At year-end 2019, Range’s proved reserves totaled 18.2 trillion cubic feet equivalent, with net production of 2.3 billion cubic feet equivalent per day. Natural gas accounted for 69% of production.

With its headquarters located in Fort Worth, TX, Range Resources Corporation employs 533 people. After today’s trading, the company’s market cap has fallen to $2.49 billion, a P/S of n/a, a P/B of 1.52, and a P/FCF of n/a.

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