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Range Resources Corporation (RRC)

- NYSE
  • Sep. 30, 2014, 10:34 AM
    • The positive market reaction following Encana's deal for Athlon Energy and other recent transactions may put pressure on inventory short majors and other large-cap companies to pursue M&A activity to increase their quality inventory in the U.S. onshore market, according to a UBS report.
    • UBS lists six top potential targets, some of which already are swirling in the rumor mill, including Pioneer Natural Resources (NYSE:PXD), with its own fracking fleet and huge Midland Basin play making it a very attractive but expensive target.
    • The firm's other five top M&A candidates: COG, CXO, OAS, RRC, WLL.
    | 4 Comments
  • Sep. 21, 2011, 11:17 AM
    Shares of oil & gas developer Range Resources (RRC +12.7%), which surged on Monday thanks to takeover rumors, have spiked higher again over the last hour, on strong volume.
    | 1 Comment
  • Jul. 15, 2011, 10:39 AM
    BHP's (BHP -1.5%) willingness to pay a 65% premium for Petrohawk (HK +62.7%) shows that mining companies will pay top dollar for natural gas plays (UNG +2.5%), despite the stubbornly low price of the commodity itself. JPMorgan's Mark Lear says acquisition targets could include: RRC +6.6%, BEXP +6.1%, KOG +5.7%. Also surging: COG +7%, CHK +6.7%.
    | 3 Comments
  • May. 6, 2011, 9:48 AM
    Morningstar sees plenty of debt capital capacity available at attractive terms to fund leveraged buyouts, which should lead to resurgence in M&A activity among private equity groups. Its latest list of top takeover candidate investment ideas: ATLN, AKAM, AEO, CLWR, CLD, LEAP, MYGN, HK, RRC, SNV.
    | Comment!
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Company Description
Range Resources Corp is a Texas-based independent natural gas, natural gas liquids & Oil company engaged in the exploration, development and acquisition of primarily gas properties, in the Southwestern & Appalachian regions of the United States.