Here's Why You Should Hold on to Range Resources Stock Right Now
Range Resources(RRC) ZACKS·2024-11-09 04:20
Range Resources Corporation (RRC) is expected to see earnings growth of 33% in 2025.What's Favoring RRC Stock?In its latest short-term energy outlook, the U.S. Energy Information Administration expected 2025 Henry Hub spot natural gas of $3.10 per million British thermal units (MMBtu), whereas it reported $2.28 MMBtu in September. The rising price of the commodity reflects growing demand following the increasing export of liquefied natural gas. This can benefit Range Resources, an upstream energy player, wh ...