| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 85 | 10.6x | 17.6x | Top tier | |
Growth | 43 | 23.2% | 7.1% | Around median | |
Quality | 81 | 15.2% | 4.5% | Top tier | |
Safety | 75 | 0.8x | 2.6x | Top tier | |
Capital Return | 75 | 1.00% | 2.15% | Top tier | |
Momentum | 50 | 14.6% | 2.3% | Around median | |
Sentiment | 67 | 15 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Range Resources Corporation produces natural gas and natural gas liquids from its Marcellus asset base, and its revenue-generating capacity depends on selling these products in domestic and international markets. Its marketing portfolio provides access to ethane, propane, and butane markets, and natural gas liquids achieved a premium of $3.49 per barrel above the Mont Belvieu benchmark in Q2 FY 2026. Management says its Marcellus inventory exceeds 30 years, while growth activity under the current plan is expected to be allocated approximately 65%–70% to the liquids-rich side and 30%–35% to dry gas.
In Q2 FY 2026, the company reported revenue of $833.6 million, gross profit of $774.2 million, net income of $195.3 million, and diluted earnings per share of $0.83, according to EDGAR data. These figures equate to a gross profit margin of approximately 92.9% and a net income margin of approximately 23.4%, while production reached 2.3 billion cubic feet equivalent per day. According to the news published on August 1, 2026, adjusted earnings per share were $0.79, exceeding expectations by 20.54%, while revenue of $833.57 million surpassed expectations by 11.92%.
On a trailing twelve-month basis in FY 2026, EDGAR data showed revenue of approximately $3.5 billion and gross profit of approximately $3.3 billion, with two net income estimates of $860.3 million and $902.6 million. By comparison, FY 2025 revenue was approximately $3.1 billion, net income was $658.0 million, and earnings per share were $2.74. During the first half of FY 2026, Range Resources repurchased $105 million of shares, paid $47 million in dividends, and reduced debt by $337 million, bringing total value returned to shareholders to $489 million, according to management's presentation.
No published price-to-earnings ratio is available in the data, so the valuation assessment is based on the “Neutral” consensus and an average target of $43.38, within a range of $39 to $52. The average target is approximately 10.2% below the 52-week range high of $48.31, while the highest target is approximately 7.6% above that high; this divergence reflects the market's balancing of production growth and capital returns on one hand against commodity price volatility and the requirement to secure end demand for subsequent growth on the other. The 52-week range is between $32.68 and $48.31, highlighting the breadth of potential repricing in a business dependent on natural gas and natural gas liquids prices.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
The company is targeting an increase in production from 2.3 billion cubic feet equivalent per day in Q2 FY 2026 to 2.4 billion in Q3 and 2.5 billion by the end of FY 2026. The announced plan to reach approximately 2.6 billion cubic feet equivalent per day in FY 2027 remains in place, representing total growth of 20% under the multi-year plan. This trajectory is supported by bringing new gathering, compression, and processing facilities online, in addition to using the inventory of drilled but uncompleted wells. As for growth after FY 2027, management ties it to actual demand from power plants, data centers, and export markets, as well as acceptable margins.
Management believes that the expansion of data centers and electricity demand within the Appalachia region creates additional opportunities to supply natural gas. The company has announced a ten-year supply contract with a power plant in the Midwest and is also holding discussions with parties seeking additional supplies and diversification of operational and commercial risks. In Q2 FY 2026, Range Resources' production was approximately 2.3 billion cubic feet equivalent per day, with a target of 2.5 billion by the end of the fiscal year. However, management clarified that production will not increase after FY 2027 until a clear destination for the gas has been identified and margin viability has been confirmed.
Automated analysis for informational purposes only — not investment advice.
Liquids-rich activities represent approximately 65%–70% of the growth activity mix under the current plan, compared with 30%–35% for dry gas. In Q2 FY 2026, the company achieved a premium of $3.49 per barrel above the Mont Belvieu benchmark, supported by the flexibility of its export program and access to international markets. Management raised FY 2026 guidance to a premium of $2.50 per barrel above the benchmark, despite the normalization of net international realizations since June 2026. The company also expects the Repauno terminal capacity entering service in FY 2027 to support continued access to international markets from the East Coast.
During the first half of FY 2026, the company repurchased $105 million of shares, paid $47 million in dividends, and reduced debt by $337 million. Total value returned to shareholders was $489 million, or approximately 5.5% of market capitalization according to management's calculation. Since launching the repurchase program, Range Resources has purchased approximately 35.9 million shares, reducing the count by approximately 10%. The company estimates that maintaining production of 2.6 billion cubic feet equivalent per day after reaching it will require less than $600 million annually in drilling and completion capital.
The first risk is volatility in natural gas and natural gas liquids prices, as management noted during the July 22, 2026 call that the gas curve had weakened by approximately 15% during FY 2026. The second risk is that the planned increase to 2.4 billion cubic feet equivalent per day in Q3 and then 2.5 billion by the end of FY 2026 depends on new processing capacity coming online as scheduled. Subsequent growth also requires contracts or end markets capable of absorbing the volumes at suitable margins, and the company does not intend to increase production merely to sell it within the basin. The below-investment-grade credit rating remains an additional factor, even though management says leverage is approximately half a turn and that the rating had not hindered commercial discussions through Q2 FY 2026.
Q2 FY 2026 revenue was approximately $833.6 million, compared with $1.0 billion in Q1 FY 2026. Net income declined to $195.3 million from $341.6 million, while earnings per share fell to $0.83 from $1.44, according to EDGAR data. However, an August 1, 2026 news report stated that adjusted earnings per share of $0.79 exceeded expectations by 20.54% and that revenue surpassed expectations by 11.92%. Operations also achieved production of 2.3 billion cubic feet equivalent per day and a quarterly record of approximately 1,900 fracturing stages.
