Range Resources (RRC) Inventory (2009 - 2019)
Range Resources (RRC) posted Inventory of $25.9 million for Q3 2019, down 3.04% on a QoQ basis from $26.7 million in Q2 2019, and up 5.75% year-over-year from $24.5 million in Q3 2018.
Analysis
Range Resources (RRC) Inventory (2009 - 2019) Analysis & Trends
Range Resources has reported Inventory for 11 years, with the latest figure at $25.9 million in 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 was $25.9 million for Q3 2019 at Range Resources, 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.
- Average Inventory over 5 years is $24.3 million, with a median of $23.0 million recorded in 2015.
- The sharpest annual moves came in 2015 and 2017: Inventory soared 86.05% in 2015, then plunged 41.34% in 2017.
- Over 5 years, Inventory stood at $33.2 million in 2015, then decreased by 20.0% to $26.6 million in 2016, then fell by 19.67% to $21.3 million in 2017, then rose by 7.58% to $23.0 million in 2018, then rose 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 1.88 Bn |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | 2.02 Bn |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 930.00 Mn |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 67.00 Mn |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 356.00 Mn |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | - |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | - |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | - |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | - |
| 10 | Range Resources | 9.84 Bn | 9.75 Bn | 774.23 Mn | - |
Historic Data
Download Data
Historic 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 |