Range Resources (RRC) Edges Up To $42 — Is The Macro Story Just Beginning?

Range Resources Corporation (NYSE:RRC) is among the 10 Most Profitable Natural Gas Stocks to Buy Now.

On April 5, Jefferies raised its price target on Range Resources Corporation (NYSE:RRC) to $42 from $39 while maintaining a Hold rating, reflecting updated mark-to-market estimates amid improving commodity pricing. The revision underscores the strengthening macro backdrop for natural gas producers, as tighter supply conditions and rising demand continue to support higher realized prices and improved earnings visibility.

On April 3, Freedom Broker initiated coverage on Range Resources Corporation (NYSE:RRC) with a Hold rating and a $48 price target, expressing a constructive long-term view on the company’s positioning. The firm highlighted Range’s capital-efficient production growth and leverage to a structurally improving U.S. natural gas market, though it noted that much of this optimism may already be reflected in current valuations. Nonetheless, the company’s disciplined operating approach and focus on high-return assets provide a solid foundation for sustained performance.

Range Resources Corporation (NYSE:RRC) is a pioneer of the Marcellus Shale and a leading U.S. natural gas producer, with operations concentrated in the Appalachian Basin. Headquartered in Texas, the company has streamlined its portfolio to focus on high-quality, low-cost assets. With strong margins and exposure to rising natural gas demand—particularly from LNG exports and AI-powered infrastructure—Range Resources remains well-positioned to deliver steady cash flows, supporting a resilient investment profile with long-term upside potential.

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