Range Resources (RRC) Inventory (2009 - 2019)
Range Resources (RRC) posted quarterly Inventory of $25.9 million for Q3 2019, up 5.75% year-over-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.
- 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 for Q3 2019 stood at $25.9 million, down from $26.7 million in the prior quarter.
- The five-year high for Inventory was $36.4 million in Q3 2016, with the low 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.
- The sharpest annual moves came in 2015 and 2017: Inventory jumped 86.05% in 2015, then plunged 41.34% in 2017.
- Range Resources' Inventory stood at $33.2 million in 2015, then fell by 20.0% to $26.6 million in 2016, then dropped by 19.67% to $21.3 million in 2017, then grew by 7.58% to $23.0 million in 2018, then grew by 12.76% to $25.9 million in 2019.
- Business Quant data shows RRC's Inventory at $25.9 million in Q3 2019, $26.7 million in Q2 2019, and $25.1 million in Q1 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.68 Bn | 155.99 Bn | 12.81 Bn | 1.88 Bn |
| 2 | Canadian Natural Resources | 106.47 Bn | 104.58 Bn | 10.66 Bn | 2.02 Bn |
| 3 | Eog Resources | 80.04 Bn | 75.13 Bn | - | 930.00 Mn |
| 4 | Diamondback Energy | 59.25 Bn | 58.79 Bn | 5.55 Bn | 67.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 693.00 Mn |
| 6 | Devon Energy | 46.03 Bn | 45.03 Bn | 6.02 Bn | 356.00 Mn |
| 7 | Occidental Petroleum | 39.50 Bn | 35.35 Bn | 7.73 Bn | 2.19 Bn |
| 8 | Eqt | 33.76 Bn | 33.64 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.32 Bn | 26.07 Bn | - | - |
| 10 | Range Resources | 9.64 Bn | 9.55 Bn | 774.23 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 |