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We recently published a list of Top 10 Oil & Gas E&P Stocks Outperforming Despite Sinking Oil Prices. In this article, we are going to take a look at where Range Resources Corporation (NYSE:RRC) stands against other top oil & gas E&P stocks outperforming despite sinking oil prices.
Oil prices have crashed by as much as 8.5% since the start of this month as Donald Trump reignites the tariff war. At one point, it was down as much as 18%! The broader market, as well as investors, have come to terms with a harsh reality: the tariffs are here to stay!
Inflation resulting from these tariffs threatens to send the country’s economy into recession, and global oil demand is reacting accordingly. The oil prices continue to tumble, threatening the future of some of the major oil producers of the world.
Amid this uncertain environment, some oil and gas stocks are outperforming the market. We decided to take a look at these stocks to find gems that can help retail investors outperform the market in these tough times.
To come up with our list of the top 10 oil & gas stocks outperforming despite sinking oil prices, we looked at the oil & gas exploration and production industry, considering only the stocks with a market cap between $2 billion and $10 billion.
Aerial view of a oil rig in the middle of an ocean, with a bright orange sunrise in the background.
Range Resources Corporation (NYSE:RRC)
Range Resources Corporation (NYSE:RRC) is an independent natural gas liquids (NGLs), natural gas, and oil company. It explores, develops, and acquires oil and natural gas properties in the Appalachian region. The firm supplies natural gas to industrial users, marketing and midstream companies, and utilities. The stock is up over 5% in pre-market trading.
Last month, J.P. Morgan upgraded Range Resources (NYSE:RRC) from Underweight to Neutral, boosting the price target from $43 to $45. Arun Jayaram said that the upgrade was based on the growth potential and attractive valuation. The analyst believes that the company’s decision to pursue moderate growth in 2026-2027 is strategic, utilizing its financial position, strong inventory, and recent transportation investments.
In the last quarter of 2024, Range Resources (NYSE:RRC) was not able to meet the Wall Street revenue estimates. However, operational efficiency saw considerable improvement, resulting in better translation of revenue into profits. The company is known for maximizing shareholder returns, and continuing that tradition, it paid $77 million in dividends and bought back shares worth $65 million.