Range Resources Corporation is a leading U.S. independent oil and natural gas producer with operations focused in stacked-pay projects in the Appalachia Basin and Northern Louisiana. Range Resources Corporation's strategy to achieve business objective is to increase reserves and production through internally generated drilling projects coupled with occasional complementary acquisitions and divestitures of non-core assets. The Company pursues an organic growth strategy targeting high return, low-cost projects within its large inventory of low risk development drilling opportunities. Through its wholly owned subsidiary, Independent Producer Finance, the company also provides financing to small oil and gas producers by purchasing term overriding royalty interests in their properties.
Industry sector: Oils/Energy
Sector classification: Crude petroleum & natural gas
Deep Learning based analysis and prediction model for Range Resources Corporation (RRC) stock is a 1st Generation Non-linear Autoregresive with exogenous variable(s) (NARX) model based on the Recurrent Neural Network architecture.
Model is in the production pipeline since Oct. 22, 2015.
Market data for RRC model training are being downloaded from the
Quandl premium datasets on a daily basis.
Risks related to the novel coronavirus disease 2019 (COVID-19) caused by the virus named “SARS-CoV-2” are
accounted for in this model in the form of the historical data coincided with outbreaks and other
global events in the past used to train ML prediction model for RRC.
Model is being retrained on a daily basis.
| Float | 246M |
| P/E | 13.63 |
| Shares Outstanding | 249M |
| % Held by Insiders | 1.30% |
| % Held by Institutions | 98.85% |
| EPS (last reported FY) | $0.58 |
| EPS (last reported Q) | $0.46 |
| EPS, estimated (last reported Q) | $0.46 |
| Total revenues | $3 B |
| Net income | $0 B |