11 Best Oil and Gas Stocks to Buy According to Analysts

5. Range Resources Corporation (NYSE:RRC)

Number of Hedge Fund Holders: 55

Average Upside Potential: ~27.0%

Range Resources Corporation (NYSE:RRC) is one of the Best Oil and Gas Stocks to Buy According to Analysts. On August 20, UBS reduced the price target on the company’s stock to $40 from $42, while keeping a “Neutral” rating, as reported by The Fly. The analyst noted the continuous headwinds, which are impacting the upside potential. On the positive side, Range Resources Corporation (NYSE:RRC) saw efficiency gains and consistent well performance in Q2 2025, which helped in driving healthy FCF and building operational momentum. Its financial results helped $74 million in share repurchases and dividends, while reducing the net debt to $1.2 billion.

Its GAAP revenues and other income for Q2 2025 came in at $856 million, while GAAP net cash provided from operating activities stood at $336 million. Range Resources Corporation (NYSE:RRC) remains well-positioned to benefit while in-basin demand opportunities materialize along with a global call on natural gas. The company remains one of the few producers in Appalachia possessing enough high-quality inventory to help the required growth in baseload supply. Range Resources Corporation (NYSE:RRC)’s continued efficiencies are being aided by its countercyclical investments in drilled inventory and consistent well results.

Riverwater Partners, an investment management company, released its Q1 2025 investor letter. Here is what the fund said:

“During the quarter, we increased our exposure to the energy transition by adding Range Resources Corporation (NYSE:RRC) and Antero Midstream Corp (AM) to our portfolio. Both companies play critical roles in energy and electrification. Electrification is expected to see significant demand growth in the coming years and decades.

Range is a low-cost producer with a track record of strong and evolving efforts in responsible business practices and capital allocation. Range has 30 plus years of high-quality inventory, a balance sheet levered below 1x debt to EBITDAX, and trades at a 10% free cash flow yield.”