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Here's Why Range Resources Stock is an Attractive Investment Bet
RRCRange Resources(RRC) ZACKS·2025-01-23 15:06

Group 1 - Range Resources Corporation (RRC) is projected to experience earnings growth of nearly 37% in 2025 [1] - The U.S. Energy Information Administration forecasts the 2025 Henry Hub spot natural gas price to rise to 3.10permillionBritishthermalunits(MMBtu),upfromlastyearsaverageof3.10 per million British thermal units (MMBtu), up from last year's average of 2.20 per MMBtu, indicating increased demand due to higher liquefied natural gas exports [2] - RRC has a strong production outlook due to its decades of low-risk drilling inventory in Appalachia and lower well costs per lateral foot compared to many other upstream players [3] Group 2 - Range Resources has been actively reducing its net debt load over the past several years, contributing to a stronger balance sheet [4] - The company boasts the lowest emission intensity among upstream companies in the United States, enhancing its sustainability profile [4] - The overall business outlook for RRC is positive, heavily influenced by oil and natural gas prices, similar to other major exploration and production companies like ConocoPhillips, Diamondback Energy, and Matador Resources [5] Group 3 - ConocoPhillips has a solid production outlook supported by decades of drilling inventories across its low-cost and diversified upstream asset base [6] - Diamondback Energy is experiencing improvements in average productivity per well in the Midland Basin, likely leading to increased production volumes [7] - Matador Resources has a strong presence in the Wolfcamp and Bone Spring plays in the Delaware Basin, contributing to its production capabilities [7]