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
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