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Range Resources Corporation (NYSE:RRC) is included among the 12 Most Undervalued Natural Gas Stocks to Buy Now.
Range Resources Corporation (NYSE:RRC) is a pioneer of the Marcellus Shale and one of the most active natural gas drillers in Pennsylvania.
Range Resources Corporation (NYSE:RRC) had a setback on April 14 when Citi trimmed its price target on the stock from $50 to $45, while maintaining a ‘Neutral’ rating on the shares. The lowered target still indicates an upside of over 9% from the current levels.
On the other hand, the analysts over at Jefferies turned more bullish on Range Resources Corporation (NYSE:RRC) earlier on April 5, raising the firm’s price target on the stock (read more details here).
Range Resources Corporation (NYSE:RRC) is targeting production of 2.35 to 2.4 Bcfe per day for FY 2026, with a projected capital spending of $650 million to $700 million. The company expects its first-quarter production to be down versus Q4 of last year, with output then stepping up significantly in the second half of 2026 and continuing into 2027.
While we acknowledge the potential of RRC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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