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Range Resources (Range Resources) Cyclically Adjusted FCF per Share : $-0.03 (As of Mar. 2024)


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What is Range Resources Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Range Resources's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.732. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.03 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 59.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 40.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 14.80% 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 Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Range Resources was 59.00% per year. The lowest was -80.30% per year. And the median was 3.10% per year.

As of today (2024-04-27), Range Resources's current stock price is $37.31. Range Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.03. Range Resources's Cyclically Adjusted Price-to-FCF of today is .


Range Resources Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Range Resources's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Range Resources Cyclically Adjusted FCF per Share Chart

Range Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.90 -2.62 -2.04 -0.76 -0.18

Range Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.58 -0.38 -0.27 -0.18 -0.03

Competitive Comparison of Range Resources's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, Range Resources's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Range Resources's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Range Resources's Cyclically Adjusted Price-to-FCF falls into.



Range Resources Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Range Resources's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.732/129.4194*129.4194
=0.732

Current CPI (Mar. 2024) = 129.4194.

Range Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.734 100.560 -0.945
201409 -0.857 100.428 -1.104
201412 -0.481 99.070 -0.628
201503 -1.067 99.621 -1.386
201506 -1.053 100.684 -1.354
201509 -0.567 100.392 -0.731
201512 0.197 99.792 0.255
201603 -0.214 100.470 -0.276
201606 -0.333 101.688 -0.424
201609 -0.395 101.861 -0.502
201612 0.164 101.863 0.208
201703 0.043 102.862 0.054
201706 -0.435 103.349 -0.545
201709 -0.494 104.136 -0.614
201712 -0.704 104.011 -0.876
201803 0.148 105.290 0.182
201806 -0.461 106.317 -0.561
201809 0.080 106.507 0.097
201812 0.106 105.998 0.129
201903 0.189 107.251 0.228
201906 -0.057 108.070 -0.068
201909 -0.297 108.329 -0.355
201912 -0.100 108.420 -0.119
202003 -0.066 108.902 -0.078
202006 -0.205 108.767 -0.244
202009 -0.401 109.815 -0.473
202012 -0.010 109.897 -0.012
202103 -0.007 111.754 -0.008
202106 0.261 114.631 0.295
202109 0.336 115.734 0.376
202112 0.863 117.630 0.949
202203 1.238 121.301 1.321
202206 0.791 125.017 0.819
202209 1.534 125.227 1.585
202212 2.084 125.222 2.154
202303 1.398 127.348 1.421
202306 -0.132 128.729 -0.133
202309 -0.007 129.860 -0.007
202312 0.294 129.419 0.294
202403 0.732 129.419 0.732

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Range Resources  (NYSE:RRC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Range Resources Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Range Resources's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Range Resources (Range Resources) Business Description

Industry
Traded in Other Exchanges
Address
100 Throckmorton Street, Suite 1200, Fort Worth, TX, USA, 76102
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.
Executives
Dori Ginn officer: Principal Financial Officer 100 THROCKMORTON SUITE 1200, FORT WORTH TX 76102
Charles G. Griffie director 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Reginal Spiller director 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Greg G Maxwell director 600 N. DAIRY ASHFORD, HOUSTON TX 77079
Erin W Mcdowell officer: SVP & General Counsel 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Mark Scucchi officer: SVP & CFO 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Dennis Degner officer: SVP & COO 100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
James M Funk director FOUR ALLEGHENY CENTER, 9TH FLOOR, PITTSBURGH PA 15212-5355
Jeffrey L Ventura officer: President and COO C/O RANGE RESOURCES CORPORATION, 100 THROCKMORTON, SUITE 1200, FORT WORTH TX 76102
David P Poole officer: Sr. VP & General Counsel 100 THROCKMORTON, SUITE 1200, FORT WORTH TX 76102
Steven D Gray director 125 W. MISSOURI AVE., SUITE 450, MIDLAND TX 79701
Steffen E Palko director
Margaret K Dorman director C/O SMITH INTERNATIONAL INC, PO BOX 60068, HOUSTON TX 77205
Sailingstone Capital Partners Llc 10 percent owner 100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Settles Kenneth L Jr 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111

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