Range Resources Corp (RRC): David P Poole , Sr. VP & General Counsel of Range Resources Corp sold 8,942 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $43.00 per share for a total value of $384,506.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 27, 2016, Anthony V Dub (director) sold 5,000 shares at $41.61 per share price.On May 27, 2016, Ray N Jr Walker (EVP and COO) sold 25,090 shares at $43.00 per share price.Also, On May 27, 2016, Roger S Manny (Exec VP and CFO) sold 2,934 shares at $43.00 per share price.On May 27, 2016, Chad L Stephens (Sr. Vice President) sold 30,562 shares at $43.00 per share price.
Range Resources Corp.: On Wednesday, May 25, 2016 heightened volatility was witnessed in Range Resources Corp. which led to swings in the share price. The shares opened for trading at $41.79 and hit $43.34 on the upside , eventually ending the session at $43, with a gain of 4.07% or 1.68 points. The heightened volatility saw the trading volume jump to 47,14,435 shares. The 52-week high of the share price is $58.64 and the company has a market cap of $7,299 M . The 52-week low of the share price is at $19.21.
Company has been under the radar of several Street Analysts.Range Resources Corp. is Reiterated by Nomura to Buy and the brokerage firm has raised the Price Target to $ 45 from a previous price target of $29 .The Rating was issued on May 20, 2016.Range Resources Corp. is Upgraded by Raymond James to Outperform. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on May 17, 2016.Range Resources Corp. is Reiterated by Barclays to Underweight and the brokerage firm has raised the Price Target to $ 30 from a previous price target of $24 .The Rating was issued on May 2, 2016.Range Resources Corp. is Reiterated by Imperial Capital to In-line and the brokerage firm has raised the Price Target to $ 45 from a previous price target of $23 .The Rating was issued on May 2, 2016.Range Resources Corp. is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 47 from a previous price target of $43 .The Rating was issued on May 2, 2016.
Range Resources Corporation (Range) is an independent natural gas natural gas liquids (NGLs) and oil company. The Company is engaged in the engaged in the exploration development and acquisition of natural gas and oil properties mostly in the Appalachian and Midcontinent regions of the United States. The Companys properties consist of interests in developed and undeveloped natural gas and oil leases in these regions. These interests are mostly in the form of working interests and to a lesser extent royalty and overriding royalty interests. The Companys activities in the Midcontinent region include drilling production and field operations in the Texas Panhandle as well as in the Anadarko Basin of western Oklahoma the Nemaha Uplift of northern Oklahoma and Kansas the Permian Basin of West Texas and Mississippi.