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 Corp.    RRC

Delayed Quote. Delayed  - 12/02 10:02:52 pm
36.36 USD   -0.63%
12/01 Range Declares Quarterly Dividend
11/21 S&P 500 MOVERS : Tsn, mro
11/19 RANGE RESOURCES : fundraiser and food drive helps 2000 Turkeys reach..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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 CET

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 CORP.
12/01 Range Declares Quarterly Dividend
12/01 RANGE RESOURCES CORP : Change in Directors or Principal Officers (form 8-K)
11/21 S&P 500 MOVERS : Tsn, mro
11/19 RANGE RESOURCES : fundraiser and food drive helps 2000 Turkeys reach $100,000 go..
11/16 RANGE RESOURCES : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AN..
11/09 RANGE RESOURCES CORPORATION : (RRC) Pops 4.77% for November 09
11/06 Down, but not out
11/03 RANGE RESOURCES : adding new wells to existing pads
11/01 RANGE RESOURCES : Trees intergral part of human life-mining chief
10/27 RANGE RESOURCES : Increases Flexibility with North Louisiana Assets
More news
Sector news : Oil & Gas Exploration and Production - NEC
12:10a Grades narrow slightly on second day of new trade cycle
12/02DJUnited Continental to Pay $2.4 Million SEC Fine In Relation to S.C. Flight
12/02DJAsian Shares Drop as Trump Effect Fades
12/01DJOPEC Deal Fuels Asian Shares
12/01DJOPEC Deal Keeps Global Oil Prices Buoyant
More sector news : Oil & Gas Exploration and Production - NEC
News from SeekingAlpha
12/01 Range Resources declares $0.02 dividend
12/01 Energy rally continues
11/30 Natural Gas Hedging Picks Up As Winter Uncertainty Remains
11/27 Tracking Wallace Weitz's Weitz Investment Management Portfolio - Q3 2016 Upda..
11/25 Tracking Ole Andreas Halvorsen's Viking Global Portfolio - Q3 2016 Update
Advertisement
Financials ($)
Sales 2016 1 533 M
EBIT 2016 -29,4 M
Net income 2016 -328 M
Debt 2016 3 903 M
Yield 2016 0,29%
P/E ratio 2016 -
P/E ratio 2017 114,74
EV / Sales 2016 8,44x
EV / Sales 2017 5,62x
Capitalization 9 043 M
More Financials
Chart RANGE RESOURCES CORP.
Duration : Period :
Range Resources Corp. Technical Analysis Chart | RRC | US75281A1097 | 4-Traders
Full-screen chart
Technical analysis trends RANGE RESOURCES C...
Short TermMid-TermLong Term
TrendsBullishBearishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 36
Average target price 47,2 $
Spread / Average Target 29%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Jeffrey L. Ventura Chairman, President & Chief Executive Officer
Ray N. Walker Chief Operating Officer & Executive Vice President
Roger S. Manny Chief Financial Officer & Executive Vice President
Allen Finkelson Independent Director
Kevin S. McCarthy Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
RANGE RESOURCES CORP.47.74%9 043
EOG RESOURCES INC46.55%60 384
CNOOC LTD26.65%59 752
CONOCOPHILLIPS3.92%59 746
OCCIDENTAL PETROLEUM C..4.79%54 464
ANADARKO PETROLEUM COR..41.13%38 335
More Results