Range Resources is an independent natural gas and crude oil exploration and production company focused primarily on the development of unconventional resources
The company operates primarily in the Appalachian Basin, particularly in the Marcellus Shale, where it utilizes advanced technologies to optimize hydrocarbon extraction. Range Resources is committed to responsible operating practices, emphasizing environmental sustainability and community engagement as it explores and produces energy resources. Its strategic approach aims to enhance energy security while fostering economic growth in the regions where it operates.
According to TheFly, BofA also raised the stock's price target to $45 from $34. The new price target implies an upside of 17.9% compared to the stock’s last close.
The S&P 500 ended today’s session a little more than 1% higher than where it started. At the same time, trading volume in equities has been very light.
