News · Range Resources Corporation (RRC) · Energy
Range Resources rises 3.5% after scheduling third-quarter results release
What happened
Range Resources (RRC) rose 3.5% to $40.02 on October 6, 2026, after it said it would release third-quarter 2026 financial results after market close on Tuesday, October 27, 2026. The stock opened 0.1% above the previous close and finished the day with trading volume about 1.0 times its 20-day average. The session’s move followed the company’s announcement of the results timetable and was larger than moves in the broader market and its sector.
How big was the move
The stock’s gain was 1.8 times a typical daily move for this stock and outperformed the Energy sector median by 3.0 percentage points on the day. The S&P 500 rose 0.6% on October 6, 2026, while the Energy sector median rose 0.5% and Range Resources rose 3.5%. Over the last five sessions the stock rose 8.5%, compared with the S&P 500’s five-session rise of 1.9%.
In the past five years the stock had 119 sessions with a gain of at least 3.5%; twenty trading days later the median result was a gain of 0.5%, and 63 of 119 were higher. The company’s market sensitivity is modest, with a beta of 0.18, indicating the stock tends to move less than the market.
The technical picture
The stock closed 2.2% above its 20-day moving average, 0.2% above its 50-day moving average and 1.6% above its 200-day moving average. The 50-day average is above the 200-day average, a sign of an established uptrend, and the 14-day Relative Strength Index was 55, in a neutral range between 30 and 70. Range Resources sat 17.2% below its 52-week high and fell 4.7% over the last month. Over three months the stock rose 7.5% and over one year it rose 4.7%, which left it 11.7 percentage points behind the S&P 500 for the year.
Volatility was 31% annualized over 60 days, a level lower than 75% of its own readings over five years, which points to relatively subdued swings compared with the stock’s recent history.
Fundamentals and valuation
For the four quarters through June 30, 2026, the company reported revenue of $3.31 billion, which grew 19.0% from a year earlier, and diluted earnings per share of $3.62, which rose 81.9% from a year earlier. Gross margin stood at 47.9% versus 33.5% a year earlier, and operating margin was 33.5% versus 25.3% a year earlier. The company generated a free-cash-flow margin of 35.5% and reported return on invested capital of 12.5%, with net debt of 0.7 times EBITDA. Share count decreased by 1.5% over one year.
On valuation, the stock trades at 11.1 times trailing earnings and 9.8 times expected forward earnings, with a free-cash-flow yield of 13.1%. Its price to trailing earnings is lower than 56% of its own readings over the past five years, where the five-year median was 13.7 times earnings. Market value at the close was $8.93 billion. PromtFinance scores rank the company strong on Value at 86 and Quality at 83, with Stability at 92, and more neutral marks on Growth, Momentum and Revisions.
Earnings and analyst expectations
Range Resources last reported on July 21, 2026, when earnings per share were $0.79 against $0.66 expected, a result 20.6% above estimates. The company has beaten estimates for 14 consecutive quarters, with an average surprise over the last four reports of 17.6% above estimates. Typical two-day reactions after recent reports have been modest; the stock rose 0.6% on average following past releases. The next report is scheduled for October 27, 2026, after market close, and the company has scheduled a conference call to discuss the results.
Analysts’ consensus price target is $44.00, which is 9.9% above the October 6, 2026, closing price. Sixty-two analysts cover the stock, with 39% giving a Buy rating and the consensus rating at Hold.
What to watch
- October 27, 2026: scheduled third-quarter 2026 results release and conference call.
- July 21, 2026: last report, EPS $0.79 versus $0.66 expected, 20.6% above estimates.
- The stock’s 52-week range: $32.68 to $48.31 and distance from the 52-week high of 17.2% below.
- Consensus price target: $44.00, 9.9% above the October 6, 2026, closing price.
- Market value at close: $8.93 billion.