Range Resources (RRC) Tops Q2 EPS by 4c

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Go back to Range Resources (RRC) Tops Q2 EPS by 4c

Roth/MKM Reiterates Neutral Rating on Range Resources (RRC), 'Trades At A Premium To Peers'

July 24, 2024 10:53 AM EDT

Roth/MKM analyst Leo Mariani reiterated a Neutral rating and $35.00 price target on Range Resources (NYSE: RRC)

The analyst comments "We Are Raising 2024 CFPS 1.5% On Higher Production/Lower Costs. We are raising our 2024 CFPS estimate by 1.5% on higher production and lower costs. Our 2025 CFPS estimate is also up 1% on lower costs. RRC Repurchased $47.9Mn of Its Bonds In 2Q24 And $20.1Mn of Its Stock. RRC... More