Range Resources (Range Resources) Momentum Rank : 8 (As of Apr. 27, 2024)

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What is Range Resources Momentum Rank?

Range Resources has the Momentum Rank of 8.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

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

Competitive Comparison of Range Resources's Momentum Rank

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

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

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

Range Resources Momentum Rank Related Terms

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

Range Resources (Range Resources) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

RAX:Germany 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.

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