Range Resources (RRC) Inventory (2009 - 2019)
Range Resources (RRC) recorded quarterly Inventory of $25.9 million in Q3 2019, down 3.04% quarter-over-quarter from $26.7 million in Q2 2019, and up 5.75% on a YoY basis from $24.5 million in Q3 2018.
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.
- In Q3 2019, Inventory rose 5.75% year-over-year to $25.9 million; the TTM figure through Sep 2019 stood at $25.9 million (up 5.75% YoY), while the FY2018 annual figure was $23.0 million, up 7.58% from the prior year.
- Inventory was $25.9 million for Q3 2019 at Range Resources, down from $26.7 million in the prior quarter.
- In the past five years, Inventory ranged from a high of $36.4 million in Q3 2016 to a low of $17.3 million in Q1 2015.
- Historically, Inventory has averaged $24.3 million across 5 years, with a median of $23.0 million in 2015.
- The sharpest annual moves came in 2015 and 2017: Inventory surged 86.05% in 2015, then sank 41.34% in 2017.
- A 5-year view of Inventory shows it 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.
- The last three Inventory figures came in at $25.9 million (Q3 2019), $26.7 million (Q2 2019), and $25.1 million (Q1 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 693.00 Mn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 2.13 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 1.91 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 955.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 1.86 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 79.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 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 |
|---|---|
| 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 |