Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Range Resources    RRC

RANGE RESOURCES (RRC)
Mes dernières consult.
Most popular
  Report  
Real-time Quote. Real-time Cboe BZX - 04/23 03:20:44 pm
13.665 USD   -0.18%
04/18RANGE RESOURCES : Announces Retirement of Executive Vice President a..
AQ
04/17S&P 500 MOVERS : Cma, nflx
AQ
04/16Range Announces Credit Facility Renewal and Extension
GL
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

RANGE RES CORP : Range Resources Supports DEP Actions Regarding Water Treatment in Pennsylvania

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/20/2011 | 12:30am CEST

RANGE RESOURCES CORPORATION (NYSE: RRC) today commented on a recent announcement from the Pennsylvania Department of Environmental Protection.

Commenting on Pennsylvania Governor Tom Corbett and acting Department of Environmental Protection Secretary Michael Krancer's directive to cease delivering water from shale gas development to 15 facilities that currently accept the water under special provisions of last year's Total Dissolved Solids (TDS) regulations by May 19th, John H. Pinkerton, Range's Chairman and CEO, said:

"Protecting Pennsylvania water resources is vitally important. No industry or activity should be exempt from safeguarding our water. As a cornerstone of Range's Marcellus Shale development, we determined early on that the handling of water in a responsible way was critical. As a result, we developed a safe and effective water recycling program. This recycling program, in addition to a number of other treatment and disposal options, has resulted in Range no longer sending water from shale development to the 'grandfathered' facilities that are not capable of fully treating the water.

"We support Governor Corbett and acting Secretary Krancer for taking this action. In the past, we reached out to other operators to share our recycling technology and practices and continued to learn from them as well. We encourage the industry to stop sending water to 'grandfathered' facilities prior to the DEP's deadline of 30 days. The Marcellus Shale is too important for the nation and the people of Pennsylvania to not get this right.

"This directive from Governor Corbett and acting Secretary Krancer will not deter Marcellus Shale development, because there are a number of options companies have to reuse, fully treat or safely dispose of their water. What this decision will do is enhance and protect the waterways of Pennsylvania, which is paramount to the development of the Commonwealth's vast natural gas resources."

RANGE RESOURCES CORPORATION (NYSE: RRC) is an independent natural gas company operating in the Appalachian and Southwest regions of the United States.

Range Resources Corporation
Matt Pitzarella, 724-873-3224
Public Affairs Director
Cell: 724-678-5138
www.rangeresources.com


© Business Wire 2011
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on RANGE RESOURCES
04/18RANGE RESOURCES : Announces Retirement of Executive Vice President and COO Ray N..
AQ
04/17S&P 500 MOVERS : Cma, nflx
AQ
04/17RANGE RESOURCES : Announces Credit Facility Renewal and Extension
AQ
04/16RANGE RESOURCES CORP : Entry into a Material Definitive Agreement, Financial Sta..
AQ
04/16Range Announces Credit Facility Renewal and Extension
GL
04/13RANGE RESOURCES CORPORATION (NYSE : RRC) Files An 8-K Departure of Directors or ..
AQ
04/13RANGE RESOURCES CORP : Change in Directors or Principal Officers (form 8-K)
AQ
04/13RANGE RESOURCES : Announces Retirement of Executive Vice President and COO Ray N..
AQ
04/12Range Announces Retirement of Executive Vice President and COO Ray N. Walker
GL
04/11RANGE RESOURCES : Free Research Report as Range Resources’ Q4 Results Outpaced F..
AC
More news
News from SeekingAlpha
04/19LDL AND NATURAL GAS STATISTICS : Losing My Religion 
04/18Energy stocks on fire as crude oil extends rise to multi-year highs 
04/15Weekly Natural Gas Recap - When Do Natural Gas Producers Become A Buy? 
04/10REUTERS : Energy Transfer's Mariner East liquids pipeline restart delayed 
04/10'Blame It On China' 
Financials ($)
Sales 2018 2 608 M
EBIT 2018 485 M
Net income 2018 212 M
Debt 2018 4 129 M
Yield 2018 0,58%
P/E ratio 2018 15,26
P/E ratio 2019 13,47
EV / Sales 2018 2,89x
EV / Sales 2019 2,63x
Capitalization 3 412 M
Chart RANGE RESOURCES
Duration : Period :
Range Resources Technical Analysis Chart | RRC | US75281A1097 | 4-Traders
Technical analysis trends RANGE RESOURCES
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 33
Average target price 22,1 $
Spread / Average Target 61%
EPS Revisions
Managers
NameTitle
Jeffrey L. Ventura Chairman, President & Chief Executive Officer
Dennis L. Degner Senior Vice President-Operations
Roger S. Manny Chief Financial Officer & Executive Vice President
Allen Finkelson Independent Director
Kevin S. McCarthy Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
RANGE RESOURCES-19.75%3 412
CONOCOPHILLIPS19.86%77 049
CNOOC LTD15.15%73 295
EOG RESOURCES5.62%65 947
OCCIDENTAL PETROLEUM CORPORATION3.81%58 511
CANADIAN NATURAL RESOURCES LIMITED1.54%43 178