Range Competitors
| RRC Stock | USD 36.52 0.36 1.00% |
Range Resources vs Chord Energy Correlation
Average diversification
The correlation between Range Resources Corp and CHRD is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Range Resources Corp and CHRD in the same portfolio, assuming nothing else is changed.
Moving against Range Stock
| 0.67 | SOC | Sable Offshore Corp | PairCorr |
| 0.49 | COP | ConocoPhillips Earnings Call Today | PairCorr |
| 0.48 | RF1 | Regal Investment | PairCorr |
| 0.39 | KKC | KKR Credit Income | PairCorr |
| 0.35 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
Range Resources Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Range Resources and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Range and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Range Resources Corp does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Range Stock performing well and Range Resources Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Range Resources' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PR | 1.54 | 0.39 | 0.20 | 1.30 | 1.47 | 3.66 | 9.61 | |||
| OVV | 1.71 | 0.37 | 0.15 | (2.67) | 1.79 | 3.86 | 8.85 | |||
| APA | 2.07 | 0.35 | 0.13 | (11.21) | 2.11 | 4.70 | 14.33 | |||
| AR | 2.05 | 0.23 | 0.06 | (2.40) | 2.44 | 3.99 | 14.83 | |||
| AM | 0.86 | 0.12 | 0.05 | (1.89) | 1.17 | 1.82 | 5.96 | |||
| HESM | 0.94 | 0.11 | 0.05 | 6.76 | 1.05 | 1.87 | 5.00 | |||
| DINO | 1.55 | 0.13 | 0.05 | 0.80 | 1.55 | 4.03 | 7.95 | |||
| NFG | 0.84 | 0.09 | 0.04 | 1.04 | 0.94 | 1.72 | 5.52 | |||
| CNX | 1.61 | 0.28 | 0.12 | 6.44 | 1.68 | 3.38 | 8.32 | |||
| CHRD | 1.67 | 0.21 | 0.07 | (12.07) | 2.10 | 3.54 | 10.10 |
Cross Equities Net Income Analysis
Compare Range Resources Corp and related stocks such as Permian Resources, Ovintiv, and APA Corporation Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PR | 32.3 M | 32.3 M | 32.3 M | 3.6 M | 17.8 M | (38.3 M) | (226.8 M) | 75.6 M | 199.9 M | 15.8 M | (682.8 M) | 138.2 M | 515 M | 476.3 M | 984.7 M | 1.1 B | 1.2 B |
| OVV | 818.9 M | 5 M | (2.8 B) | 236 M | 3.4 B | (5.2 B) | (944 M) | 827 M | 1.1 B | 234 M | (6.1 B) | 1.4 B | 3.6 B | 2.1 B | 1.1 B | 1 B | 961.2 M |
| APA | 7.9 M | 4.6 B | 2 B | 2.2 B | (5.4 B) | (23.1 B) | (1.4 B) | 1.3 B | 40 M | (3.5 B) | (4.8 B) | 1.1 B | 3.7 B | 2.9 B | 804 M | 723.6 M | 759.8 M |
| AR | 228.6 M | 392.7 M | (285.1 M) | (18.9 M) | 673.6 M | 941.4 M | (848.8 M) | 615.1 M | (397.5 M) | (340.1 M) | (1.3 B) | (186.9 M) | 1.9 B | 198.4 M | 57.2 M | 51.5 M | 87.1 M |
| AM | 16.8 M | 16.8 M | 16.8 M | 16.8 M | 16.8 M | 781 K | 9.7 M | 7.3 M | 443 M | (355.1 M) | (122.5 M) | 331.6 M | 326.2 M | 371.8 M | 400.9 M | 461 M | 484.1 M |
| HESM | (73.9 M) | (73.9 M) | (73.9 M) | (163.8 M) | 32.9 M | 193.4 M | 204.9 M | 41.2 M | 69.1 M | 70.1 M | 24 M | 46.4 M | 83.9 M | 118.6 M | 223.1 M | 352.9 M | 370.5 M |
| DINO | 33.1 M | 1 B | 1.7 B | 735.8 M | 281.3 M | 740.1 M | (260.5 M) | 805.4 M | 1.1 B | 772.4 M | (601.4 M) | 558.3 M | 2.9 B | 1.6 B | 177 M | 203.6 M | 397.2 M |
| NFG | 46.9 M | 220.1 M | 260 M | 299.4 M | (379.4 M) | (291 M) | 283.5 M | 391.5 M | 304.3 M | (123.8 M) | 363.6 M | 566 M | 476.9 M | 77.5 M | 518.5 M | 596.3 M | 626.1 M |
| CNX | 183.8 M | 632.5 M | 318.4 M | 660.4 M | 163.1 M | (374.9 M) | (848.1 M) | 380.7 M | 796.5 M | (80.7 M) | (483.8 M) | (498.6 M) | (142.1 M) | 1.7 B | (90.5 M) | 633.2 M | 664.8 M |
| CHRD | 6 M | 79.4 M | 153.4 M | 228 M | 506.9 M | (40.2 M) | (500.1 M) | 123.8 M | (35.3 M) | (128.2 M) | (3.7 B) | 319.6 M | 1.9 B | 1 B | 848.6 M | 975.9 M | 1 B |
Range Resources Corp and related stocks such as Permian Resources, Ovintiv, and APA Corporation Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Range Resources Corp financial statement analysis. It represents the amount of money remaining after all of Range Resources Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Range Resources Competitive Analysis
The better you understand Range Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Range Resources' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Range Resources' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Range Resources Competition Performance Charts
Five steps to successful analysis of Range Resources Competition
Range Resources' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Range Resources Corp in relation to its competition. Range Resources' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Range Resources in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Range Resources' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Range Resources Corp, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Range Resources Correlation with its peers. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Will Oil & Gas Exploration & Production sector continue expanding? Could Range diversify its offerings? Factors like these will boost the valuation of Range Resources. Anticipated expansion of Range directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Range Resources data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 1.898 | Dividend Share 0.35 | Earnings Share 2.4 | Revenue Per Share | Quarterly Revenue Growth 0.161 |
Understanding Range Resources Corp requires distinguishing between market price and book value, where the latter reflects Range's accounting equity. The concept of intrinsic value - what Range Resources' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Range Resources' price substantially above or below its fundamental value.
It's important to distinguish between Range Resources' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Range Resources should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Range Resources' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.