Range Resources (LTS:0KTW) 3-Year Book Growth Rate : 33.00% (As of Mar. 2024)

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What is Range Resources 3-Year Book Growth Rate?

Range Resources's Book Value per Share for the quarter that ended in Mar. 2024 was $15.77.

During the past 12 months, Range Resources's average Book Value per Share Growth Rate was 15.20% per year. During the past 3 years, the average Book Value per Share Growth Rate was 33.00% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was -6.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Range Resources was 86.40% per year. The lowest was -34.10% per year. And the median was 6.85% per year.

Competitive Comparison of Range Resources's 3-Year Book Growth Rate

For the Oil & Gas E&P subindustry, Range Resources's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Range Resources's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Range Resources's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Range Resources's 3-Year Book Growth Rate falls into.

Range Resources 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Range Resources (LTS:0KTW) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Range Resources 3-Year Book Growth Rate Related Terms

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Range Resources (LTS:0KTW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Range Resources Corp (LTS:0KTW) » Definitions » 3-Year Book Growth Rate

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Traded in Other Exchanges

RRC:USA RAX:Germany

Address

100 Throckmorton Street, Suite 1200, Fort Worth, TX, USA, 76102

Website

https://www.rangeresources.com

Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2022, Range's proved reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.1 billion cubic feet equivalent per day. Natural gas accounted for 70% of production.

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