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RRC - The Bottom Fishing Club: Don't Forget Cabot Oil & Gas
February, 21 2021 04:27 PM
Range Resources Corporation
Cabot's underwater 2021 hedge book of forward sales contracts has held back stock gains vs. a rapidly rising natural gas producer group. However, blue-chip U.S. assets, low production costs, low finding costs, growing reserves, solid profitability, and steady cash flows are desirable. Free cash flow during 2019-21 and a decent 2.2% dividend yield are noteworthy headlines in the industry. The technical chart is primed for an advance, with a breakout possible in coming weeks. For further details see:
The Bottom Fishing Club: Don't Forget Cabot Oil & Gas
Stock Information
Company Name:
Range Resources Corporation
Stock Symbol:
RRC
Market:
NYSE
Website:
rangeresources.com
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