Range Resources (RRC)

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dan_s
Posts: 37306
Joined: Fri Apr 23, 2010 8:22 am

Range Resources (RRC)

Post by dan_s »

RRC has sold off with all the other "gassers". I added RRC to the Sweet 16 because they are forecasting a 45% increase in their liquids production. More than 50% of this year's natural gas is hedged at over $5/mcf.

I think the stock is oversold. See this article.
http://www.forbes.com/sites/energystock ... r=yahootix
Dan Steffens
Energy Prospectus Group
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