Range Resources (RRC) Inventory (2009 - 2019)

Range Resources' (RRC) quarterly Inventory came in at $25.9 million in Q3 2019, up 5.75% year-on-year from $24.5 million in Q3 2018, and down 3.04% quarter-over-quarter from $26.7 million in Q2 2019.

Range Resources (RRC) Inventory (2009 - 2019) Analysis & Trends

Range Resources' Inventory history runs 11 years deep, the most recent figure standing at $25.9 million for Q3 2019.

  • On a quarterly basis, Inventory rose 5.75% year-over-year to $25.9 million in Q3 2019; TTM through Sep 2019 was $25.9 million, a 5.75% increase from a year earlier, with the FY2018 full-year figure at $23.0 million, up 7.58% from the prior year.
  • Inventory eased to $25.9 million in Q3 2019 per RRC's latest filing, from $26.7 million in the prior quarter.
  • Across five years, Inventory topped out at $36.4 million in Q3 2016 and bottomed at $17.3 million in Q1 2015.
  • The 5-year median for Inventory is $23.0 million (2015), against an average of $24.3 million.
  • Across the five-year window, Inventory jumped 86.05% in 2015 and sank 41.34% in 2017, its largest moves.
  • Year by year, Inventory stood at $33.2 million in 2015, then retreated by 20.0% to $26.6 million in 2016, then declined by 19.67% to $21.3 million in 2017, then increased by 7.58% to $23.0 million in 2018, then increased by 12.76% to $25.9 million in 2019.
  • Per Business Quant, the three latest RRC Inventory figures stand at $25.9 million (Q3 2019), $26.7 million (Q2 2019), and $25.1 million (Q1 2019).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 1.91 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 955.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 79.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 693.00 Mn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 1.86 Bn
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 319.00 Mn
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
Sep 30, 2019 25.90 Mn
Jun 30, 2019 26.71 Mn
Mar 31, 2019 25.13 Mn
Dec 31, 2018 22.96 Mn
Sep 30, 2018 24.49 Mn
Jun 30, 2018 21.97 Mn
Mar 31, 2018 30.06 Mn
Dec 31, 2017 21.35 Mn
Sep 30, 2017 21.38 Mn
Jun 30, 2017 18.41 Mn
Mar 31, 2017 20.15 Mn
Dec 31, 2016 26.57 Mn
Sep 30, 2016 36.45 Mn
Jun 30, 2016 20.66 Mn
Mar 31, 2016 25.22 Mn
Dec 31, 2015 33.22 Mn
Sep 30, 2015 23.04 Mn
Jun 30, 2015 20.91 Mn
Mar 31, 2015 17.32 Mn
Dec 31, 2014 17.85 Mn