BNET Industries

Range Resources Corp.

(RRC) is in the Energy Industry

Market Cap:$7.6B
Last Fiscal Year Sales:$1.3B
  • Public
  • US
Dow Jones Description

Total revenues increased $28.6 million, or 19% for second quarter 2009 over the same period of 2008. The increase includes a $186.8 million decrease in derivative fair value losses offset by a $155.1 million, or 45% decrease in oil and gas sales. Oil and gas sales vary due to changes in volumes of production sold and realized commodity prices. Due to the extreme volatility in oil and gas prices, realized prices dropped sharply from the prior year, which was partially offset by an increase in production. For second quarter 2009, production increased 14% from the same period of the prior year while realized prices declined 32% from the same quarter of the prior year. For the six months ended June 30, 2009, production increased 13% from the same period of the prior year while realized prices declined 31%. We believe oil and gas prices will remain volatile and will be affected by, among other things, weather, the U.S. and worldwide economy, new regulations and the level of oil and gas production in North America and worldwide.

Number of Employees 835
Contact Information

100 Throckmorton St Ste 1200

Fort Worth, Texas 76102-2842

rangeresources....

(817) 870-2601

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

Recent Events

  • Range Declares Quarterly Dividend

    12/01/09 - Stock Split / Dividend - View Story

  • Spectra Energys Texas Eastern Transmission Executes Binding Agreement with Range Resources to Move Appalachian Natural...

    11/16/09 - Joint Venture / Alliance - View Story

  • Apache Pumps Up the Production

    10/30/09 - Bond / Stock Rating - View Story

  • Range Resources reports $29.8M loss in third quarter

    10/23/09 - Financial Announcement - View Story

  • Range Resources hires two for Marcellus Shale

    10/12/09 - Mgmt. Change Entering - Vice President - View Story

  • Range Resources Hires Joseph Frantz, As VP, Engineering - Quick Facts

    10/07/09 - Mgmt. Change Entering - Vice President - View Story

  • Buckingham Research Downgrades Range Resources RRC to Neutral

    9/21/09 - Bond / Stock Rating - View Story

  • Range Declares Quarterly Dividend

    9/01/09 - Stock Split / Dividend - View Story

  • Range posts loss for quarter, despite production jump

    7/24/09 - Financial Announcement - View Story

News & Analysis

company and range resources corp. - All News and Analysis

advertisement
     RRC $49.19 +1.85 (3.91% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 2,654,100
Shares Outstanding 157.73M
Market Cap 7.8B
Year High 60.13
Year Low 30.055
Earnings Per Share 0.30
P/E Ratio 163.97
Dividend 0.16
Yield 0.33
IndustryTop Rated
advertisement
Presented by American Express