Back to top

Image: Bigstock

Range Resources (RRC) Catches Eye: Stock Jumps 6.7%

Read MoreHide Full Article

Range Resources Corporation (RRC - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 31.9% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of two increase and two decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Range Resources currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Another stock worth considering in the Oil and Gas - Exploration and Production - United States industry is Antero Resources Corporation (AR - Free Report) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
   
Is RRC going up? Or down? Predict to see what others think:Up or Down

Zacks Top 10 Stocks for 2020

In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?

Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.

Access Zacks Top 10 Stocks for 2020 today >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Range Resources Corporation (RRC) - free report >>

Antero Resources Corporation (AR) - free report >>

Published in