RRC
Posted: Sat Jan 11, 2014 3:02 pm
Range Resources (RRC): An updated Net Income & Cash Flow Forecast model has been posted under the Sweet 16 Tab.
RRC has the most exposure to natural gas. My valuation has been increased to $95.40, compares to First Call's price target of $90.47.
2014 production should be approximately 72% natural gas, 17% NGLs and 11% crude oil. Obviously, improving natural gas and NGL prices will help this one a lot.
RRC has the most exposure to natural gas. My valuation has been increased to $95.40, compares to First Call's price target of $90.47.
2014 production should be approximately 72% natural gas, 17% NGLs and 11% crude oil. Obviously, improving natural gas and NGL prices will help this one a lot.