Barron's is bullish on RRC

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dan_s
Posts: 37326
Joined: Fri Apr 23, 2010 8:22 am

Barron's is bullish on RRC

Post by dan_s »

Range Resources Could See Fat Profits: The Fort Worth, Texas–based company has been beset lately by problems, but a rebound in natural gas prices could mean a big swing up.

http://online.barrons.com/articles/rang ... s&ru=yahoo

You must be a subscriber to Barron's to read it, but in a nut shell it says they see a much tighter natural gas market in North America this winter (so do I) and they recognize that RRC will be a big winner when the market turns bullish on natural gas.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 37326
Joined: Fri Apr 23, 2010 8:22 am

Re: Barron's is bullish on RRC

Post by dan_s »

My Fair Value Estimate for RRC is $68.20 and First Call's Price Target is $70.77. The stock closed Friday at $49.62.
Dan Steffens
Energy Prospectus Group
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