13 Most Promising Energy Stocks According to Wall Street Analysts

10. Range Resources Corporation (NYSE:RRC)

Number of Hedge Fund Holders: 55

Average Upside Potential: ~25%

Range Resources Corporation (NYSE:RRC) is one of the Most Promising Energy Stocks According to Wall Street Analysts. On September 19, Raymond James reduced the price target on the company’s stock to $41 from $45, while keeping an “Outperform” rating, as reported by The Fly. Notably, the firm expects greater upside potential if the robust gas outlook materializes over the upcoming few years, highlighted the analyst.

Range Resources Corporation (NYSE:RRC) remains well-positioned to benefit as in-basin demand opportunities tend to materialize along with a global call on natural gas. Notably, the company is one of the few producers in Appalachia having enough high-quality inventory to support the needed growth in baseload supply. Also, Range Resources Corporation (NYSE:RRC)’s continued efficiencies are being supported by its countercyclical investments in drilled inventory and consistent well results.

Range Resources Corporation (NYSE:RRC)’s 2025 all-in capital budget is $650 million – $680 million, an improvement from the prior guidance of $650 million – $690 million. Furthermore, its annual production is now anticipated to be ~2.225 Bcfe per day in 2025, updated from the previous guidance of ~2.2 Bcfe per day.