InvestingPro’s Fair Value model captures 63% gain in Steelcase ahead of acquisition
Investing.com - UBS maintained its Neutral rating and $40.00 price target on Range Resources (NYSE:RRC) ahead of the company’s third-quarter 2025 results, due on October 28. The stock, which has declined 8.65% over the past week, currently trades at $37.03. According to InvestingPro analysis, RRC appears slightly undervalued based on its proprietary Fair Value model.
UBS cited Range Resources’ capital efficient operations and improving balance sheet as supportive factors for the company’s volume growth and shareholder return outlook. This assessment aligns with the company’s GOOD financial health score from InvestingPro, supported by a moderate debt-to-equity ratio of 0.34 and healthy gross margins of 47%.
The investment firm noted that natural gas liquids (NGL) realizations would create a headwind to the company’s share buybacks in the third quarter of 2025, currently estimated at $50-55 million per quarter.
UBS expects the pace of Range Resources’ buybacks to increase to $100-125 million per quarter by the second quarter of 2026, despite these near-term challenges.
The firm continues to project that Range Resources will reach 2.6 billion cubic feet equivalent per day (Bcfepd) in production by 2027, maintaining this outlook despite recent volatility in natural gas prices.
In other recent news, Range Resources Corp reported its Q2 2025 earnings, emphasizing a stable production rate and strategic financial actions. The company highlighted its commitment to enhancing shareholder value by maintaining disciplined capital investment and operational efficiency. These developments come amid a slight dip in stock prices, which the company did not address in its earnings call. No specific figures for earnings or revenue were disclosed in the report. However, the focus on financial discipline suggests a strategic approach to managing resources and investments. Range Resources did not mention any mergers or acquisitions during this period. There were also no updates on analyst upgrades or downgrades related to the company. The emphasis remains on maintaining stability in production and financial operations.
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