Shares of Range Resources Corporation (NYSE:RRC) traded today at $19.33, eclipsing its 52-week high. So far today approximately 138,000 shares have been exchanged, as compared to an average 30-day volume of 4.5 million shares.
In the past 52 weeks, Range Resources Corporation share prices are bracketed by a low of $5.93 and a high of $19.33 and is now at $19.06, 221% above that low price.
Based on a current price of $19.06, Range Resources Corporation is currently 16.6% above its average consensus analyst price target of $15.90.
Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2020, Range’s proved reserves totaled 17.2 trillion cubic feet equivalent, with net production of 2.2 billion cubic feet equivalent per day. Natural gas accounted for 70% of production.
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