Range Resources (RRC) Tops Q3 EPS by 3c, Revenues Beat
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Range Resources (RRC) PT Lowered to $5 at SunTrust
October 22, 2019 7:39 AM EDTSunTrust analyst Welles Fitzpatrick lowered the price target on Range Resources (NYSE: RRC) to $5.00 (from $6.00) while maintaining a Hold rating.... More
Range Resources (RRC) Announces Asset Sales, Enhanced Financial Resources, and $100M Share Repurchase
October 21, 2019 8:04 AM EDTRANGE RESOURCES CORPORATION (NYSE: RRC) today announced multiple transactions demonstrating continued success in enhancing balance sheet strength through debt reduction and the expansion of available liquidity. Additionally, given continuing success in debt reduction, Range also initiated a share repurchase program.
Range has increased bank commitments from $2.0 billion to $2.4 billion. The borrowing base of $3.0 billion remains unchanged and the maximum facility amount remains $4.0 billion.
Range also announced the sale of an additional 0.5%... More
