Investors Buy Large Volume of Call Options on Range Resources (NYSE:RRC)

Posted by Stanley Muller on Oct 23rd, 2026

Range Resources Corporation (NYSE:RRC – Get Free Report) saw some unusual options trading on Friday. Stock traders purchased 3,167 call options on the company. This represents an increase of approximately 186% compared to the average daily volume of 1,106 call options.

Analysts Set New Price Targets

Several brokerages recently issued reports on RRC. Truist Financial reduced their price objective on Range Resources from $45.00 to $43.00 and set a “hold” rating for the company in a research note on Monday, October 5th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $37.00 target price on shares of Range Resources in a research note on Tuesday. Citigroup reiterated a “neutral” rating on shares of Range Resources in a report on Thursday, July 23rd. Wells Fargo & Company decreased their price target on shares of Range Resources from $46.00 to $45.00 and set an “equal weight” rating for the company in a report on Thursday, July 23rd. Finally, Raymond James Financial set a $45.00 price objective on shares of Range Resources in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Range Resources has a consensus rating of “Hold” and an average target price of $44.06.

Get Our Latest Stock Analysis on Range Resources

Insider Activity at Range Resources

In other news, Director Reginal Spiller sold 3,500 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $40.00, for a total value of $140,000.00. Following the completion of the sale, the director owned 13,421 shares of the company’s stock, valued at $536,840. This trade represents a 20.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Range Resources in the 2nd quarter valued at $26,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Range Resources in the 2nd quarter worth approximately $31,000. Root Financial Partners LLC bought a new stake in shares of Range Resources in the 3rd quarter worth approximately $35,000. Ameritas Advisory Services LLC bought a new stake in shares of Range Resources in the 2nd quarter worth approximately $44,000. Finally, Trust Co. of Vermont acquired a new stake in shares of Range Resources during the 2nd quarter worth approximately $45,000. 98.93% of the stock is owned by institutional investors.

Range Resources Stock Up 2.6%

RRC stock traded up $1.12 during mid-day trading on Friday, hitting $44.98. The stock had a trading volume of 343,905 shares, compared to its average volume of 3,094,202. Range Resources has a 1-year low of $32.68 and a 1-year high of $48.31. The company has a fifty day moving average of $40.64 and a 200 day moving average of $39.98. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $10.51 billion, a price-to-earnings ratio of 12.39 and a beta of 0.71.

Range Resources (NYSE:RRC – Get Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The oil and gas exploration company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.13. Range Resources had a return on equity of 18.63% and a net margin of 25.04%. The business had revenue of $759.58 million during the quarter, compared to analyst estimates of $744.78 million. During the same period in the previous year, the company earned $0.66 EPS. The firm’s revenue was down 2.7% on a year-over-year basis. On average, equities analysts expect that Range Resources will post 3.78 EPS for the current fiscal year.

Range Resources Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Friday, September 11th. Range Resources’s dividend payout ratio is presently 11.05%.

About Range Resources

(Get Free Report)

Range Resources Corporation is an independent natural gas, natural gas liquids and oil exploration and production company. Its operations are concentrated in the Appalachian Basin, particularly the Marcellus Shale in southwestern Pennsylvania, where the company develops unconventional wells and produces natural gas, condensate and natural gas liquids.

The company’s activities include leasing and developing mineral properties, drilling and completing horizontal wells, and producing and marketing hydrocarbons.