Range Resources (RRC)

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dan_s
Posts: 37340
Joined: Fri Apr 23, 2010 8:22 am

Range Resources (RRC)

Post by dan_s »

I will be featuring RRC in an article that I am writing for OilPrice.com this week.

RRC has ~34% production growth locked in for 2017, improving netbacks and their completed well costs keep coming down. Their merger with MRD was a really BIG DEAL and I don't think the Wall Street Gang has figured out how significant it really is. The Terryville Field that they got with MRD is a HUGE asset that has even more upside since RRC has proven up several extension areas since the merger.

I will be sending out an updated profile on RRC on May 15.
Dan Steffens
Energy Prospectus Group
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