Range Resources (RRC) Change in Inventory (2009 - 2020)

Range Resources' (RRC) quarterly Change in Inventory came in at $4.4 million in Q1 2020, down 6.95% year-on-year from $4.8 million in Q2 2019, and up 151.87% quarter-over-quarter from -$8.5 million in Q4 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.

  • On a quarterly basis, Change in Inventory fell 6.95% year-over-year to $4.4 million in Q1 2020; TTM through Mar 2020 was -$4.9 million, a 625.11% decrease from a year earlier, with the FY2020 full-year figure at -$1.0 million, up 77.65% from the prior year.
  • Change in Inventory climbed to $4.4 million in Q1 2020 per RRC's latest filing, from -$8.5 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $11.3 million in Q3 2016 and bottomed at -$8.5 million in Q4 2019.
  • The 5-year median for Change in Inventory is -$848000.0 (2017), against an average of -$203941.2.
  • Across the five-year window, Change in Inventory jumped 284.59% in 2018 and plunged 790.0% in 2019, its largest moves.
  • Year by year, Change in Inventory stood at -$7.0 million in 2016, then jumped by 121.08% to $1.5 million in 2017, then sank by 165.08% to -$960000.0 in 2018, then plunged by 790.0% to -$8.5 million in 2019, then jumped by 151.87% to $4.4 million in 2020.
  • Per Business Quant, the three latest RRC Change in Inventory figures stand at $4.4 million (Q1 2020), -$8.5 million (Q4 2019), and -$1.0 million (Q3 2019).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 39.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - -21.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn -
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 26.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn -
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn -
10 Range Resources 8.87 Bn 8.78 Bn 774.23 Mn -

Historic Data

Download Data
DateValue
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