Range Resources (RRC) Stock Forecast & Price Target

Range Resources has demonstrated strong fundamentals, with proven reserves totaling 18.1 trillion cubic feet equivalent and net production reaching 2.18 billion cubic feet equivalent per day, evidencing robust operational performance. The company reported positive performance revisions for the 17th consecutive year and has successfully increased its production outlook, targeting a high-single-digit growth rate, fueled by improvements in well performance and infrastructure optimization. Furthermore, management’s strategic focus on natural gas, alongside favorable market conditions and growing demand for AI data centers in Pennsylvania, positions Range Resources to efficiently optimize production and enhance cash returns to investors.

Range Resources is facing significant risks that contribute to a negative outlook on its stock, primarily due to commodity price volatility and potential declines in natural gas demand, which could adversely impact near-term cash flow and long-term valuation. There are concerns regarding reserve risk, particularly the possibility that the productivity of new wells could underperform, leading to reductions in cash flow and net asset value estimates. Additionally, external factors such as regulatory constraints on pipeline construction and execution risks stemming from labor market tightness could further hinder production capabilities, exacerbating the company’s financial challenges.