Range Resources Corp - Company Profile
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Range Resources Corp (Range) is an independent oil and gas company. The company undertakes exploration, development and acquisition of natural gas and oil properties, in the Appalachian regions of the US. The company’s substantial reserve base, acreage and increase in production are the strength of the company but a decline operating performance is a cause of concern. Whereas the capital expenditure plan for 2024, an increase in demand for oil and global consumption of liquid fuels could provide growth opportunities for the company. However, fluctuations in oil and gas prices, stringent regulations and risks associated with exploration production activities in the oil and gas industry could affect its financial performance.
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