Range Resources (FRA:RAX) 5-Year Yield-on-Cost % : 0.86 (As of May. 02, 2024)

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

What is Range Resources 5-Year Yield-on-Cost %?

Range Resources's yield on cost for the quarter that ended in Mar. 2024 was 0.86.

The historical rank and industry rank for Range Resources's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:RAX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.17 Med: 0.46 Max: 3.69
Current: 0.86

During the past 13 years, Range Resources's highest Yield on Cost was 3.69. The lowest was 0.17. And the median was 0.46.

FRA:RAX's 5-Year Yield-on-Cost % is ranked worse than
90.49% of 494 companies
in the Oil & Gas industry
Industry Median: 4.81 vs FRA:RAX: 0.86

Competitive Comparison of Range Resources's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, Range Resources's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Range Resources's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Range Resources's 5-Year Yield-on-Cost % falls into.

Range Resources 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Range Resources is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Range Resources (FRA:RAX) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Range Resources 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Range Resources's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.

Range Resources (FRA:RAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Range Resources Corp (FRA:RAX) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

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.