Range Resources Corp. Experiences Revision in Its Stock Evaluation Amid Competitive Market Dynamics

Range Resources Corp., a small-cap player in the oil industry, has recently undergone a valuation adjustment. The company currently exhibits a P/E ratio of 13, alongside a price-to-book value of 2.43. Its EV to EBIT stands at 19.92, while the EV to EBITDA is recorded at 11.89. Additionally, the EV to sales ratio is 4.20, and the PEG ratio is notably low at 0.17. The company also boasts a high dividend yield of 83.33%, with a return on capital employed (ROCE) of 10.28% and a return on equity (ROE) of 18.62%.
In comparison to its peers, Range Resources Corp. presents a higher valuation profile. Ovintiv, Inc. and Antero Resources Corp. show differing metrics, with Ovintiv having a P/E ratio of 6.38 and Antero at 17.26. The EV to EBITDA for Ovintiv is significantly lower at 3.77, while Antero's is 8.49. These comparisons highlight the varying financial health and market positioning within the oil sector, emphasizing the competitive landscape in which Range Resources operates.