RRC - Range Resources Recent Insider Activity | Benzinga
A new SEC filing reveals that Reginal Spiller, Director at Range Resources (NYSE:RRC), made a notable insider purchase on May 9,.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Spiller purchased 5,410 shares of Range Resources. The total transaction amounted to $200,007.
The latest update on Friday morning shows Range Resources shares up by 0.03%, trading at $36.92.
All You Need to Know About Range Resources
Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2023, Range Resources' proven reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.14 billion cubic feet equivalent per day. Natural gas accounted for 69% of production.
Range Resources: Financial Performance Dissected
Revenue Growth: Range Resources's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -26.84%. This indicates a decrease in the company's top-line earnings. When compared to others in the Energy sector, the company faces challenges, achieving a growth ...