RRC
RRC
We will be publishing an updated profile on Range Resources tomorrow. This is a Sweet 16 "Core Holding" and in my opinion America's #1 natural gas company. It has HUGE potential reserves and strong production growth locked in. My valuation is close to today's share price, BUT the outlook for gas prices is improving and prices could be much higher next year. Keep in mind that the HUGE drop in active rig count also has an impact on gas supply.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group