Range Resources (RRC) Change in Inventory (2009 - 2020)
Range Resources (RRC) recorded quarterly Change in Inventory of $4.4 million in Q1 2020, up 151.87% quarter-over-quarter from -$8.5 million in Q4 2019, and down 6.95% on a YoY basis from $4.8 million in Q2 2019.
Range Resources (RRC) Change in Inventory (2009 - 2020) Analysis & Trends
Range Resources' Change in Inventory history runs 12 years deep, the most recent figure standing at $4.4 million for Q1 2020.
- In Q1 2020, Change in Inventory fell 6.95% year-over-year to $4.4 million; the TTM figure through Mar 2020 stood at -$4.9 million (down 625.11% YoY), while the FY2020 annual figure was -$1.0 million, up 77.65% from the prior year.
- Change in Inventory was $4.4 million for Q1 2020 at Range Resources, up from -$8.5 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $11.3 million in Q3 2016 to a low of -$8.5 million in Q4 2019.
- Historically, Change in Inventory has averaged -$203941.2 across 5 years, with a median of -$848000.0 in 2017.
- The sharpest annual moves came in 2018 and 2019: Change in Inventory surged 284.59% in 2018, then plunged 790.0% in 2019.
- A 5-year view of Change in Inventory shows it stood at -$7.0 million in 2016, then jumped by 121.08% to $1.5 million in 2017, then tumbled by 165.08% to -$960000.0 in 2018, then slumped by 790.0% to -$8.5 million in 2019, then jumped by 151.87% to $4.4 million in 2020.
- The last three Change in Inventory figures came in at $4.4 million (Q1 2020), -$8.5 million (Q4 2019), and -$1.0 million (Q3 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 39.00 Mn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | -21.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 26.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 9.71 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | - |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | - |
| 10 | Range Resources | 9.04 Bn | 8.98 Bn | 976.05 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2020 | 4.43 Mn |
| Mar 31, 2020 | 4.43 Mn |
| Dec 31, 2019 | -8.54 Mn |
| Dec 31, 2019 | -8.54 Mn |
| Sep 30, 2019 | -1.01 Mn |
| Sep 30, 2019 | -1.01 Mn |
| Jun 30, 2019 | 272,000.00 |
| Jun 30, 2019 | 272,000.00 |
| Mar 31, 2019 | 4.76 Mn |
| Mar 31, 2019 | 4.76 Mn |
| Dec 31, 2018 | -960,000.00 |
| Dec 31, 2018 | -960,000.00 |
| Sep 30, 2018 | 1.62 Mn |
| Sep 30, 2018 | 1.62 Mn |
| Jun 30, 2018 | -6.09 Mn |
| Jun 30, 2018 | -6.09 Mn |
| Mar 31, 2018 | 5.29 Mn |
| Mar 31, 2018 | 5.29 Mn |
| Dec 31, 2017 | 1.48 Mn |
| Dec 31, 2017 | 1.48 Mn |