Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties. As of December 31, 2021, the company owned and operated 1,350 net producing wells and approximately 794,000 net acres under lease located in the Appalachian region of the northeastern United States. It markets and sells natural gas and NGLs to utilities, marketing and midstream companies, and industrial users; petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.
P/B ratio for Range Resources Corporation (RRC)
P/B ratio as of 2023: 1.92
According to Range Resources Corporation's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.92. At the end of 2022 the company had a P/B ratio of 2.10.
P/B ratio history for Range Resources Corporation from 1989 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.92 |
| 2022 | 2.10 |
| 2021 | 2.08 |
| 2020 | 0.99 |
| 2019 | 0.51 |
| 2018 | 0.58 |
| 2017 | 0.72 |
| 2016 | 1.21 |
| 2015 | 1.48 |
| 2014 | 2.53 |
| 2013 | 5.60 |
| 2012 | 4.25 |
| 2011 | 4.09 |
| 2010 | 3.17 |
| 2009 | 3.24 |
| 2008 | 2.11 |
| 2007 | 4.27 |
| 2006 | 2.92 |
| 2005 | 4.69 |
| 2004 | 2.25 |
| 2003 | 1.89 |
| 2002 | 1.41 |
| 2001 | 0.95 |
| 2000 | 1.34 |
| 1999 | 0.94 |
| 1998 | 0.67 |
| 1997 | 1.61 |
| 1996 | 2.11 |
| 1995 | 1.39 |
| 1994 | 1.40 |
| 1993 | 1.65 |
| 1992 | 2.23 |
| 1991 | 2.77 |
| 1990 | 1.90 |
| 1989 | 18.27 |