RANGE RESOURCES CORP
Range Resources is an independent producer of natural gas, natural gas liquids (NGLs) and oil, primarily condensate. It explores for, develops and acquires these properties in the Appalachian region of the United States, with operations concentrated in Pennsylvania’s Marcellus Shale. Range holds interests in developed and undeveloped leases and operates almost all of its net production. Range earns money by selling its natural gas, NGLs and oil to utilities, industrial users, petrochemical companies, refiners, marketers, processors and other purchasers. It markets production from its operated properties for its own working interest and that of other working interest owners. Natural gas is processed by a third party to extract NGLs. Range is headquartered in Fort Worth, Texas, and maintains field offices in its operating area.
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No SEC Form 4 filings for $RRC in the last 30 days.
See all $RRC insider activity →Morningstar analysts raised fair value estimates for 4.7% of covered stocks by 10%+ during Q3 earnings, with energy and healthcare sectors seeing the highest increases. Notable companies with significant fair value estimate hikes include Varonis Systems (VRNS), Lumentum Holdings (LITE), and Humana (HUM).
EQT Corporation agreed to acquire Range Resources in an all-stock deal valued at $12.8 billion, aiming to create the largest U.S. natural gas producer. The deal, subject to approvals and shareholder votes, has a merger agreement date of October 25, 2026. EQT's CEO highlighted the combined company's cost structure, which can break even with natural gas prices below $2.
U.S. upstream M&A reached $12.6B in Q3 2026, up from $11.5B in Q2, with notable deals involving Magnolia, Matador, and others. October saw additional large transactions, including EQT's $13.8B acquisition of Range Resources. Total 2026 deal value is $80.5B, surpassing 2025's total. High oil prices and international demand drove activity, with the Permian and Eagle Ford basins being key areas of focus.
Over the past 7 days, AlphAI's AI scored 4 news stories mentioning RRC (RANGE RESOURCES CORP). Coverage has skewed bullish: 2 bullish, 1 neutral, and 1 bearish.
Recent RRC coverage spans mergers & acquisitions, financial news and earnings.
Analyst upgrade suggests upside.
Shareholders receive EQT stock, potentially boosting value if the combined entity succeeds.
Range shareholders receive EQT stock, driving RRC price toward acquisition premium.
Negative sentiment may arise from the loss of active permits.
Range Resources shares likely fall as the company will be absorbed.
AlphAI scores every news story that mentions RRC with an AI model for sentiment and relevance, and aggregates insider trades from RANGE RESOURCES CORP's SEC EDGAR Form 4 filings. Figures refresh continuously.
Morningstar analysts raised fair value estimates for 4.7% of covered stocks by 10%+ during Q3 earnings, with energy and healthcare sectors seeing the highest increases. Notable companies with significant fair value estimate hikes include Varonis Systems (VRNS), Lumentum Holdings (LITE), and Humana (HUM).
EQT Corporation agreed to acquire Range Resources in an all-stock deal valued at $12.8 billion, aiming to create the largest U.S. natural gas producer. The deal, subject to approvals and shareholder votes, has a merger agreement date of October 25, 2026. EQT's CEO highlighted the combined company's cost structure, which can break even with natural gas prices below $2.
U.S. upstream M&A reached $12.6B in Q3 2026, up from $11.5B in Q2, with notable deals involving Magnolia, Matador, and others. October saw additional large transactions, including EQT's $13.8B acquisition of Range Resources. Total 2026 deal value is $80.5B, surpassing 2025's total. High oil prices and international demand drove activity, with the Permian and Eagle Ford basins being key areas of focus.
The Marcellus/Utica rig count held steady at 33 for the 10th week, while the national count rose to 604, a 52-week high. WTI crude oil prices fell 12.76% to $90.83 per barrel, while natural gas prices increased to $2.998 per MMBtu. Devon Energy dropped off the Enverus permit list, and EQT and EOG Resources tied for the top spot on the rig list.
EQT Corp. CEO Toby Rice expects AI-driven demand to boost Appalachian natural gas production. EQT plans to double output and is acquiring Range Resources for $13B, creating the largest U.S. natural gas producer. The combined company would have 9B cubic feet/day production and $50B+ enterprise value. EQT is also targeting data centers and LNG exports.
U.S. upstream M&A reached $12.6 billion in Q3, up from $11.5 billion in Q2, according to Enverus. Notable deals include EQT's $13.8 billion acquisition of Range Resources and Crescent Energy's $4.2 billion purchase of Devon Energy's Eagle Ford assets. Total M&A for 2026 is $80.5 billion, exceeding 2025's full-year total. Private-to-public deals dominated Q3, with Magnolia Oil & Gas acquiring WildFire Energy. The Permian and Eagle Ford basins saw significant activity.
EQT Corp. (EQT) will acquire Range Resources Corp. (RRC) in an all-stock deal, creating a company with 9 bcf/d of net production and 30 years of inventory. The transaction, expected to close in Q1 2027, requires regulatory and shareholder approvals. EQT's management will lead the combined company.
Mizuho identified EQT and Range Resources as top oil and gas exploration stocks. EQT reported $1.02B EBITDAX, beat free cash flow estimates, and maintained 2026 volume guidance. Range Resources reported $364M EBITDAX, beat gas volume expectations, and maintained its 2026 outlook. Both have 'Outperform' ratings and price targets of $68 and $67 respectively.
ETFs sold $27.6 million of Range Resources (RRC) on Wednesday, continuing a three-day net selling trend. Recent ETF activity shows mixed inflows and outflows. RRC operates in the energy sector, with a market cap of $12.6 billion and a 53.97% YTD stock increase. According to the company, its trailing-12-month revenue was $3.40 billion, up 19.9% YoY.
Range Resources (RRC) warns that its merger with EQT may face delays or denial due to regulatory hurdles, potentially increasing costs and reducing benefits. Analysts' average price target for RRC is $46.76, suggesting a 16.32% downside from current levels, according to the company.
