Range Resources (RRC) Inventory Average (2009 - 2019)

Range Resources (RRC) recorded quarterly Inventory Average of $26.3 million in Q3 2019, up 1.48% quarter-over-quarter from $25.9 million in Q2 2019, and up 13.23% on a YoY basis from $23.2 million in Q3 2018.

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

Range Resources' Inventory Average history runs 11 years deep, the most recent figure standing at $26.3 million for Q3 2019.

  • In Q3 2019, Inventory Average rose 13.23% year-over-year to $26.3 million; the TTM figure through Sep 2019 stood at $26.3 million (up 13.23% YoY), while the FY2018 annual figure was $22.2 million, down 7.53% from the prior year.
  • Inventory Average was $26.3 million for Q3 2019 at Range Resources, up from $25.9 million in the prior quarter.
  • In the past five years, Inventory Average ranged from a high of $31.5 million in Q4 2016 to a low of $17.6 million in Q1 2015.
  • Historically, Inventory Average has averaged $24.1 million across 5 years, with a median of $23.7 million in 2018.
  • The sharpest annual moves came in 2016 and 2017: Inventory Average jumped 66.17% in 2016, then slumped 32.2% in 2017.
  • A 5-year view of Inventory Average shows it stood at $28.1 million in 2015, then increased by 12.02% to $31.5 million in 2016, then tumbled by 32.2% to $21.4 million in 2017, then advanced by 11.06% to $23.7 million in 2018, then grew by 10.85% to $26.3 million in 2019.
  • The last three Inventory Average figures came in at $26.3 million (Q3 2019), $25.9 million (Q2 2019), and $24.0 million (Q1 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 702.00 Mn
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 2.00 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 1.89 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 984.50 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 1.84 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 82.50 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
DateValue
Sep 30, 2019 26.30 Mn
Jun 30, 2019 25.92 Mn
Mar 31, 2019 24.05 Mn
Dec 31, 2018 23.73 Mn
Sep 30, 2018 23.23 Mn
Jun 30, 2018 26.02 Mn
Mar 31, 2018 25.71 Mn
Dec 31, 2017 21.36 Mn
Sep 30, 2017 19.89 Mn
Jun 30, 2017 19.28 Mn
Mar 31, 2017 23.36 Mn
Dec 31, 2016 31.51 Mn
Sep 30, 2016 28.55 Mn
Jun 30, 2016 22.94 Mn
Mar 31, 2016 29.22 Mn
Dec 31, 2015 28.13 Mn
Sep 30, 2015 21.98 Mn
Jun 30, 2015 19.11 Mn
Mar 31, 2015 17.58 Mn
Dec 31, 2014 17.41 Mn