Range Resources (RRC) Change in Inventory (2009 - 2020)
Range Resources (RRC) posted quarterly Change in Inventory of $4.4 million for Q1 2020, down 6.95% year-over-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.
- 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 for Q1 2020 stood at $4.4 million, up from -$8.5 million in the prior quarter.
- The five-year high for Change in Inventory was $11.3 million in Q3 2016, with the low 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.
- The sharpest annual moves came in 2018 and 2019: Change in Inventory jumped 284.59% in 2018, then tumbled 790.0% in 2019.
- Range Resources' Change in Inventory stood at -$7.0 million in 2016, then soared by 121.08% to $1.5 million in 2017, then slumped by 165.08% to -$960000.0 in 2018, then sank by 790.0% to -$8.5 million in 2019, then soared by 151.87% to $4.4 million in 2020.
- Business Quant data shows RRC's Change in Inventory at $4.4 million in Q1 2020, -$8.5 million in Q4 2019, and -$1.0 million in Q3 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | -20.00 Mn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | -26.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | - |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 308.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Range Resources | 9.66 Bn | 9.57 Bn | 774.23 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 |