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The Trader's View: Range Resources (RRC)

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themoneymanifesto.com

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newsletter@themoneymanifesto.com

Sent On

Thu, Jul 7, 2022 11:38 AM

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This email is an advertisement from a third party and not necessarily an endorsement by The Money Manifesto. Always perform your own due diligence. *|MC_PREVIEW_TEXT|*  Trader, The Range Resources Company (RRC) is a natural gas exploration and production company. They are headquartered in Fort Worth, Texas. The Company is engaged in the exploration, development and acquisition of natural gas and oil properties in the United States. The word on the Street is that in 2022, thanks to rising natural gas prices, Range Resources is optimistically projected to generate more than $1 billion in free cash flow. The board plans to use $500 million of this cash for stock repurchases. Instead of boosting capital spending, Range Resources is using its extra cash to pay down debt and buy stock. $RRC is one of the largest independent producers of natural gas in the world, boasting the leadership position in the extremely wealthy Marcellus Basin.  Over the last 18 months with the dramatic price increase in energy prices $RRC has been a beneficiary of this supply/demand imbalance. Range Resources reported a 162% year-over-year increase in revenue to $1.57 billion. Net income soared to $891.4 million, from $38.4 million in the same quarter the previous year. Furthermore, Range Resources reduced its net debt by $379 million in 2021. Next, let's look at the recent predictive trends [VantagePoint]( called in advance. That's over 62% gains in one asset. The markets have changed but have your strategies? Join us live and prepare today for tomorrow's market open. This is a FREE class. Learn the assets you should be watching. See for yourself, live, Simple Strategies for Profiting in This Market. ​​​​​​ [Save Your Seat Here.]( President, Vantagepoint AI 1-800-732-5407 U.S. & Canada 1-813-973-0496 International Please note examples are success stories. Trading involves financial risk and is not suitable for all investors. Past results do not guarantee future performance.  Copyright: Eagle Products, LLC - a division of Caron Broadcasting, Inc. All rights reserved 122 C Street NW, Suite 515, Washington, DC 20001 [Privacy Policy](   NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Disclaimer]( This is a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Wealthpop users . Wealthpop is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Wealthpop, and Wealthpop disclaims any liability for or arising from such statements and opinions. You are hereby advised that Wealthpop is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2022 Wealthpop. All rights reserved. 146 W 29th St, Rm 8E, New York, NY 10001

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