Information Provided By: 
Fly News Breaks for April 17, 2018
RRC
Apr 17, 2018 | 06:31 EDT
Citi analyst Robert Morris downgraded Range Resources to Neutral and lowered his price target for the shares to $16 from $19. The analyst made a series of downgrades after lowering his 2018 composite spot natural gas price forecast to $2.75/MMBtu from $3.00/MMBtu, and for 2019 to $2.60/MMBtu from $3.35/MMBtu. He sees higher oil prices adversely impacting the outlook for U.S. natural gas prices.
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.
