Range Resources (RRC) Valuation Update - Oct 12

[dan_s]

Higher natural gas prices in 2023 from $5.00 to $6.50 for HH gas raises my valuation of RRC by $3 to $53.
It is trading at $27.84.
Average price target on TipRanks is $37.81

Wall Street Gang would like Range to pay higher dividends now that the Company's balance sheet is in good shape. FCF this year s/b $1.8 Billion, which fixes all of Range's debt problems.