Is the Range Resources Dividend Safe?
Range Resources has been increasing the dividend for 2 years.
Over the past 10 years, Range Resources has increased it by an annual 7.177 %.
Over a five-year period, the distribution increased by 31.951%.
Analysts expect a Dividend Increase of 6.066% for the current fiscal year.
Range Resources Aktienanalyse
What does Range Resources do?
Range Resources Corporation was founded in 1976 and is an American oil and gas company based in Fort Worth, Texas. The company has become a key player in the energy industry over the years and is now listed on the NYSE.
The business model of Range Resources is based on the exploration, production, and marketing of oil and gas resources. The company operates a diversified portfolio of production projects in different regions of the United States.
One of the company's main areas of focus is the Marcellus Shale Formation, which spans large parts of the Appalachian region and is considered one of the largest natural gas reserves in North America. Range Resources conducts a number of drilling and production projects to tap into the resources from this formation.
However, the company is also active in other regions of the US and carries out additional drilling in eastern, western, and southern states. The company focuses on the production of natural gas, as well as oil and liquid hydrocarbons.
Range Resources is committed to minimizing the environmental impact of its activities and works closely with local communities to ensure compliance with regulations. The company has implemented a comprehensive environmental program to minimize the impact on air, water, and soil.
Over the years, Range Resources has also developed a range of technologies and processes to increase the efficiency and profitability of its production projects. These include horizontal drilling and fracking techniques, which allow the company to extract more resources from the available reserves.
In addition to exploration and production, Range Resources is also involved in the marketing and sale of energy products. This includes leasing of oil and gas fields, joint ventures, marketing of natural gas to third parties, and selling natural gas to end consumers.
Overall, Range Resources is an important and recognized company in the American energy industry. With a diversified portfolio of production projects and a strong focus on sustainability and efficiency, the company is well positioned to continue its success in the future. Range Resources is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.