GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Range Resources Corporation (RRC) [hlAlert]

Rating:
In-line RRC
down 23.82 %

Range Resources Corporation (RRC) rated In-line with price target $35 by Imperial Capital

Posted on: Tuesday,  Nov 3, 2015  8:25 AM ET by Imperial Capital

Imperial Capital rated In-line Range Resources Corporation (NYSE: RRC) on 11/03/2015. Previously Imperial Capital rated Outperform Range Resources Corporation (NYSE: RRC) on
02/27/2015., when the stock price was $49.90. Since then, Range Resources Corporation has lost 23.83% as of 01/28/2016's recent price of $38.01.
If you would have followed the previous Imperial Capital's recommendation on RRC, you would have lost 23.82% of your investment in 335 days.

Range Resources Corporation (Range) is engaged in the exploration, development and acquisition of oil and gas properties, primarily in the Southwestern, Appalachian and Gulf Coast regions of the United States. During the year ended December 31, 2008 the Company?s proved reserves comprised 2.7 trillion cubic feet equivalents (Tcfe) of proved reserves; 83% natural gas; 62% proved developed; 77% operated, and a reserve life of 17.9 years. During 2008, Range owned 3,694,000 gross (2,952,000 net) acres of leasehold, including 407,800 acres where it also owns a royalty interest. The Company has built a multi-year inventory drilling that is estimated to contain over 12,000 drilling locations. In 2008, the Company?s annual production averaged 385.6 millions of cubic feet equivalent (Mmcfe) per day. In 2008, Range drilled 634 gross wells. In 2008, Range purchased producing and non-producing Barnett Shale properties. Also in 2008, the Company sold properties located in East Texas.

Imperial Capital
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/3/2015 8:25 AM Buy
None
31.56 35.00
as of 8/27/2015
1 Week up  7.13 %
1 Month down  -24.44 %
3 Months down  -37.72 %
1 YTD down  -23.82 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/27/2015 10:25 AM Buy
None
49.90 91.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy