GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Range Resources Corp (NYSE:RRC) » Definitions » GF Value Rank

Range Resources (Range Resources) GF Value Rank : 1 (As of Apr. 27, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Range Resources GF Value Rank?

Range Resources has the GF Value Rank of 1.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Range Resources's GF Value Rank

For the Oil & Gas E&P subindustry, Range Resources's GF Value Rank, along with its competitors' market caps and GF Value Rank 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 GF Value Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Range Resources's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Range Resources's GF Value Rank falls into.



Range Resources GF Value Rank Related Terms

Thank you for viewing the detailed overview of Range Resources's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Range Resources (Range Resources) Business Description

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

Range Resources (Range Resources) Headlines

From GuruFocus

Range Declares Quarterly Dividend

By Value_Insider Value_Insider 12-01-2022

Range Announces Third Quarter 2023 Results

By Marketwired 10-24-2023

Insider Alert: An Insider Just Sold Range Resources Corp Shares

By GuruFocus Research GuruFocus Editor 05-18-2023

Range Announces CEO Retirement and Succession Plan

By sperokesalga sperokesalga 03-17-2023

Range Announces Conference Call to Discuss Fourth Quarter 2022 Financial Results

By Stock market mentor Stock market mentor 01-27-2023

Range Announces Offering of Senior Notes

By GuruFocusNews GuruFocusNews 01-13-2022

Range Declares Quarterly Dividend

By sperokesalga sperokesalga 05-31-2023

Charles Griffie Appointed as Range Director

By Marketwired 10-20-2023