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Fly News Breaks for June 30, 2015
RRC
Jun 30, 2015 | 09:18 EDT
As previously reported, Raymond James upgraded Range Resources to Outperform from Market Perform and established a $58 price target. The firm expects demand growth from infrastructure construction, pipeline de-bottlenckeing, LNG exports, and well design optimization.
News For RRC From the Last 2 Days
RRC
Apr 23, 2024 | 16:41 EDT
RRC
Apr 23, 2024 | 16:40 EDT
Reports Q1 revenue $645.37M, consensus $659.31M. Production averaged 2.14 Bcfe per day, approximately 68% natural gas.
RRC
Apr 23, 2024 | 15:26 EDT
RRC
Apr 23, 2024 | 10:06 EDT
RRC
Apr 22, 2024 | 07:37 EDT
Susquehanna analyst Biju Perincheril raised the firm's price target on Range Resources to $36 from $34 and keeps a Neutral rating on the shares. The firm updated its estimates for their E&P sector by lowereing natual gas assumptions and maintaining oil prices. For 2024, they expect companies will continue their maintenance capital programs, while focusing on driving improving well productivity. Susquehanna also expects M&A activity to continue as companies look to shore up inventory positions.
