- Range Resources has a dominant position in the Marcellus acreage surrounding Pittsburgh, which is some of the highest quality in the basin.
- The company has been heavily focused on reducing expenses, which makes it one of the few American independents with positive cash flow.
- The global demand for natural gas is expected to surge over the coming years and the company is well positioned to exploit this.
- Range Resources has much higher leverage than I would like to see but it is working to improve in this area.
- The company has a reasonable valuation in today's market.
For further details see:
Range Resources: Best Of Breed In The Marcellus