Range Resources Corp. has said its board declared a regular quarterly dividend of 4 cents. The oil and gas company said the dividend is payable Dec. 31 to shareholders of record on Dec. 15.
Range Resources Corp., an independent oil and gas company, on Tuesday said it reached the 400 million cubic feet per day production milestone, crediting the company's successful drilling program.
FORT WORTH, Texas----RANGE RESOURCES CORPORATION announced today that it has reached the 400 Mmcfe per day production milestone. The Company currently anticipates that fourth quarter 2008 production will be within its previous guidance of 400 to 405 Mmcfe per day.
FORT WORTH, Texas----RANGE RESOURCES CORPORATION today announced that its Board of Directors declared a quarterly cash dividend on its common stock. A dividend of $0.04 per common share is payable on December 31, 2008 to stockholders of record at the close of business on December 15, 2008.
FORT WORTH, Texas----Range Resources Corporation today provided an update on its Marcellus Shale play. Last month Range and MarkWest Energy Partners, L.P. announced completion of the first phase of the Marcellus Shale infrastructure.
Executives of drilling companies exploring a huge untapped reserve of natural gas say the economic windfall expected from the Marcellus shale may not come to pass if Pennsylvania doesn't get its regulatory house in order.
The Energy Department will likely report a 1.2 million barrel jump in crude oil reserves on Thursday for the week ended Nov. 14, according to a survey by Platts, the energy information arm of McGraw-Hill Cos.
FORT WORTH, Texas (AP) - Range Resources Corp., an independent oil and gas company, on Tuesday said it reached the 400 million cubic feet per day production milestone, crediting the company's successful drilling program.
Range Resources anticipates that Q4 2008 production will be within its previous guidance of 400 to 405 Mmcfe per day Co announces that it has reached the 400 Mmcfe per day production milestone. Co
RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that it has reached the 400 Mmcfe per day production milestone. The Company currently anticipates that fourth quarter 2008 production will be
RANGE RESOURCES CORPORATION (NYSE:RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock. A dividend of $0.04 per common share is payable on December
Even though the stock market as a whole hasn't done well while Bush has been in office, there have been plenty of individual stocks that have made people a lot of money. Of the 500 stocks currently in the S&P 500, 90 of them are up more than 100% since 12/12/00, 37 are up more than 200%, and 10 are up more than 500%. As shown below, Southwestern Energy (SWN) is up the most at 3,550%. On December 12, 2000, SWN was trading at just under 93 cents...
Writedowns, trading losses for Credit Suisse. Credit Suisse (CS) reported a Q3 net loss of 1.26B Swiss francs ($1.08B), its second consecutive quarterly loss, as compared to a profit of 1.3B francs a year ago. The loss stemmed from writedowns on leveraged loans and mortgage-backed securities as well as roughly 1.7B francs of trading losses. CEO Brady Dougan, calling the markets 'very challenging,' warned he's 'cautious' on the outlook for Q4. Shares -3.1% in Swiss trading, bringing the stock to a 34% decline this year.
Range Resources Corporation (RRC) is expected to report Q3 earnings on Wednesday after the closing bell with a conference call scheduled for Thursday, October 23 at 1:00 pm ET.
Guidance
Analysts are looking for a profit of 49c on revenue of $326.04M. The consensus is 39c to 62c for EPS, and revenue of $299.3M to $362.23M, according to First Call. For Q2, Range Resources reported EPS of 48c vs. consensus of 54c and revenue of $347.6M vs. consensus of $316.88M.
Earlier we noted that not one stock in the S&P 500 Energy sector was trading above its 50-day moving average. Below we highlight the individual stocks in the sector and where they're trading relative to their 50-days.
As shown, Massey Energy (MEE) is the furthest below its 50-day at -47.3%. MEE is followed by NOV (-33.6%), CNX (-32.5%), NBR (-31.8%), and COG (-27%). Tesoro (TSO), Valero (VLO) and Sunoco (SUN) are down the most year to date, but they're currently trading at some of the closest levels...
Since oil peaked (using closing prices) on July 3rd, the commodity is down about 21%. Over the same time period, the average stock in the S&P 500 is up 6.11%.
Below we highlight the average performance of stocks in each sector since oil's peak. As one would expect, Consumer Discretionary stocks have performed the best, while Energy stocks have performed the worst. Health Care, Financials, Consumer Staples and Industrials have also been outperforming sectors. For those expecting the oil downtrend to continue, these sectors should continue to show...
Executive compensation and board largess with high paid executives is a hot topic recently. That spurred us to look comprehensively at some factual comparative data on the total cost of boards of directors and top executive teams among the S&P 500 companies (proxy SPY or IVV).
For that purpose, we utilized the corporate governance database provided by The Corporate Library, which tracks corporate actions, including executive compensation, and ranks public companies on several dimensions of corporate governance.
Range Resources Corporation (RRC) is expected to report Q2 earnings after market close Wednesday, July 23, with a conference call scheduled for Thursday, July 24 at 1:00 pm ET.
Guidance
Analysts are expecting a profit of 54c on revenue of $316.88M. The consensus range for EPS is 42c to 65c, with a revenue range of $282.4M to $350.0M, according to First Call.
Dec 03, 2008 (M2 EQUITYBITES via COMTEX) -- RRC | Quote | Chart | News | PowerRating -- Range Resources Corporation (NYSE: RRC), an independent oil and gas company operating in the Southwestern ...
NEW YORK (Associated Press) - Range Resources Corp., an independent oil and gas company, on Tuesday said it reached the 400 million cubic feet per day production milestone, crediting the company's ...
Dec 02, 2008 (M2 EQUITYBITES via COMTEX) -- RRC | Quote | Chart | News | PowerRating -- The board of directors of Range Resources Corporation (NYSE:RRC), an independent oil and gas company ...
FORT WORTH, Texas--(BUSINESS WIRE)--RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock. A dividend of $0.04 ...
FORT WORTH, Texas--(BUSINESS WIRE)--Range Resources Corporation (NYSE:RRC) today provided an update on its Marcellus Shale play. Last month Range and MarkWest Energy Partners, LP (NYSE:MWE ...
HOUSTON, Nov. 13 /PRNewswire/ -- PennWell Corp. and Oil & Gas Financial Journal (OGFJ) will hold the second annual Houston Energy Financial Forum, November 18 - 20, 2008 at The Houstonian. For the ...
In Re Canadian Red Cross Society, the Ontario Superior Court relied heavily on the Alberta Court of Appeal decision in Re Blue Range Resources in addressing questions of jurisdiction relating to ...
NEW YORK (AP) - Shares of oil and gas company Range Resources Corp. fell Monday as crude oil prices dropped on the New York Mercantile Exchange. The stock fell $2.73, or 6.5 percent, to close at ...
Energy shares end sharply lower, despite earlier gains, as efforts by the U.S. Federal Reserve to launch an ambitious plan to buy up commercial paper and kick-start corporate lending provided no lift.
Among the companies whose shares are expected to see active trade in Monday's session are Allegheny Technologies, Anheuser-Busch, Continental Air, Fannie Mae and Freddie Mac, Flagstar Bancorp, Microsoft, Norsk Hydro and Yahoo.
NEW YORK (MarketWatch) -- Range Resources shares rose 4.6% to $66.07 after the Ft Worth, Texas company said it's extremely pleased with drilling results in the Marcellus Share region in the Northeastern U.S.
"The Marcellus play has the potential to be a very large economic stimulus to the states involved and provide a domestic, cleaner and less expensive alternative to foreign oil," Range Resources said. The company said it'll accelerate both its drilling and acreage acquisition efforts in the Marcellus Shale in Pennsylvania, West Virginia, and southern New York.
Production is expected to reach 30 million cubic feet per day in...
Range Resources Corp. named John Pinkerton, the company's current president and chief executive, chairman to replace Charles Blackburn. The Fort Worth, Texas, oil and gas company said Pinkerton will serve as chairman and chief executive, while Chief Operating Officer Jeffrey Ventura was named to the additional role of president. Blackburn will remain on the company's board, Range said.
Energy shares strengthened Thursday, gaining on a larger-than-expected drop in oil inventories and a positive mid-quarter update from ConocoPhillips as oil futures touched a record for the second straight trading day of the new year.
SAN FRANCISCO (MarketWatch) -- Range Resources Corp. will replace Tribune Co. in the S&P 500 index after the close of trading on Thursday, Standard & Poor's said late Monday. Tribune is being taken private in a deal expected to close on or about that date, pending final approvals.
Stocks 
Hickey and Walters (
For Q2, Range Resources reported EPS of 48c vs. consensus of 54c and revenue of $347.6M vs. consensus of $316.88M. 
Richard Shaw (
Range Resources Corporation
