What changed
$RRC — BUY 📊
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States.
🎯 Q2 2026 | Rev $1B | EPS $1.52 vs $1.30 🟢
💡 Consensus models gas prices reverting to ~$3.00/MMBtu and EBITDA of ~$1.5B; variant view sees $3.75-4.00/MMBtu and EBITDA of $1.8B+, justifying a re-rating from 7x to 8x EV/EBITDA and 20%+ stock upside.
📉 Reward/Risk: 2.97:1
🏢 Business Quality: 7/10 - Low-cost Appalachian natural gas producer with top-tier breakevens (~$2.00/Mcf), improving balance sheet, and consistent free cash flow; offset by single-basin concentration and commodity cyclicality.
📊 Valuation: cheap - 2026E P/E 6.0x vs peers 8.0x, EV/EBITDA 7.0x vs 5-year average 8.5x, FCF yield ~12%; reverse DCF implies gas price of $3.00 vs spot $3.80;...
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/RRC0623
Why it matters
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States.