Range Resources Corp Earnings
The next earnings date for Range Resources Corp has not yet been scheduled.
Analyst Estimates of Range Resources Corp Earnings
What is an Earnings Date
An earnings date is typically considered to be the date that a company publicly announces its earnings. Many companies in the US stock market do earnings announcements once per quarter.
Earnings announcements are typically accompanied by commentary from the company that explains the earnings performance and speaks to future earnings prospects.
Earnings announcements can cause a company’s stock price to change abruptly, so earnings dates are closely monitored by some investors.
Range Resources Corp Earnings: Historical
More About Range Resources Corp
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties located in the Appalachian region. It sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to petrochemical end users, marketers/traders, and natural gas processors; and oil to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum Inc. and changed its name to Range Resources Corporation in August 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.
“Range Resources Corp Earnings” Can Refer to the Range Resources Corp Earnings Date
Some people say “Range Resources Corp earnings” as a shortform way to refer to the earnings date.
For example, someone might say, “I plan to hold my Range Resources Corp position through earnings.” That typically means the person is going to hold their position through the upcoming earnings date.
Owning Range Resources Corp Stock on the Earnings Date
If you own Range Resources Corp stock (RRC) on the earnings date, then you will be exposed to the potential price volatility that often accompanies earnings announcements.
A company’s earnings typically have a big impact on its stock price, which explains why the stock price for Range Resources Corp might exhibit major fluctuations on the day of the earnings announcement. The price fluctuations can go in either direction (up or down), representing a larger potential investment risk and reward than many other days of the year.
There is often a big audience of investors involved with trading Range Resources Corp shares of stock on its earnings day. This means there is typically more trading volume, liquidity, and price volatility on the day earnings are announced.
These features are attractive to some types of active traders who are looking for stocks that exhibit large price movements and substantial volume.
Owning Range Resources Corp Options on the Earnings Date
If you own Range Resources Corp options on the earnings date, then you will be exposed to the potential price volatility that often accompanies earnings announcements.
In addition, the extrinsic values of Range Resources Corp options that overlap earnings dates are often higher than other days of the year. In other words, the premiums you pay to own Range Resources Corp options are typically higher during that period. In particular, they are frequently higher immediately before earnings and on the day they’re announced.
This makes sense considering that prices are often more volatile on earnings dates for Range Resources Corp. That potential volatility is a key factor that affects the premium cost of owning options.
Once the earnings announcement is done and the anticipated price volatility has gone down, the extrinsic values of Range Resources Corp options often go down. This is sometimes referred to as volatility crush.
Learning More Range Resources Corp Earnings
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