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Why Range Resources Stock Is Trading Higher Today

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Range Resources (NYSE: RRC) shares are trading higher on Wednesday after Raymond James upgraded the stock from Underperform to Market Perform.

Fort Worth-based Range Resources is an independent exploration and production company with operations throughout the southern, central, and northeastern United States, where its focus includes the Marcellus Shale in Pennsylvania. At year-end 2019, Range's proved reserves totaled 18.2 trillion cubic feet equivalent, with net production of 2.3 billion cubic feet equivalent per day. Natural gas accounted for 69% of production.

Range Resources shares traded up 4.26% to $9.06 on Wednesday at the time of publication. The stock has a 52-week high of $9.37 and a 52-week low of $1.61.

Latest Ratings for RRC

DateFirmActionFromTo
Nov 2020Morgan StanleyMaintainsUnderweight
Nov 2020Stephens & Co.UpgradesEqual-WeightOverweight
Oct 2020Credit SuisseMaintainsUnderperform

View More Analyst Ratings for RRC
View the Latest Analyst Ratings

 

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Posted-In: why it's movingUpgrades Analyst Ratings

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