Critical Survey: PDC Energy (PETD) and Range Resources Corporation (RRC)
PDC Energy (NASDAQ: PETD) and Range Resources Corporation (NYSE:RRC) are both energy companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, valuation, analyst recommendations, risk, dividends, institutional ownership and profitability.
Range Resources Corporation pays an annual dividend of $0.08 per share and has a dividend yield of 0.4%. PDC Energy does not pay a dividend. Range Resources Corporation pays out 100.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
This is a summary of current ratings and recommmendations for PDC Energy and Range Resources Corporation, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Range Resources Corporation||1||5||19||0||2.72|
Range Resources Corporation has a consensus price target of $38.80, suggesting a potential upside of 109.25%. Given Range Resources Corporation’s higher probable upside, analysts plainly believe Range Resources Corporation is more favorable than PDC Energy.
Insider & Institutional Ownership
95.3% of Range Resources Corporation shares are held by institutional investors. 2.4% of Range Resources Corporation shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
This table compares PDC Energy and Range Resources Corporation’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Range Resources Corporation||1.75%||0.67%||0.32%|
Earnings and Valuation
This table compares PDC Energy and Range Resources Corporation’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Range Resources Corporation||$2.03 billion||2.23||$914.36 million||$0.08||231.78|
Range Resources Corporation has higher revenue and earnings than PDC Energy.
Range Resources Corporation beats PDC Energy on 6 of the 10 factors compared between the two stocks.
About PDC Energy
PDC Energy, Inc. is an independent exploration and production company. The Company produces, develops, acquires and explores for crude oil, natural gas and natural gas liquids (NGLs) with operations in the Wattenberg Field in Colorado and the Utica Shale in southeastern Ohio. The Company operates through two segments: Oil and Gas Exploration and Production, and Gas Marketing. The Company’s Oil and Gas Exploration and Production segment includes all of its crude oil and natural gas properties. The Company’s Gas Marketing segment purchases, aggregates and resells natural gas. The Company’s operations in the Wattenberg Field are focused on the horizontal Niobrara and Codell plays. Its Delaware Basin operations are focused in the Wolfcamp zones and its Ohio operations are focused in the Utica Shale play. As of December 31, 2016, the Company owned an interest in approximately 2,900 productive gross wells.
About Range Resources Corporation
Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and oil company. The Company is engaged in the exploration and production of natural gas, NGLs and oil in the United States. It is engaged in the exploration, development and acquisition of natural gas and crude oil properties located primarily in the Appalachian and North Louisiana regions of the United States. Its principal areas of operation are the Marcellus Shale of Pennsylvania and the Lower Cotton Valley formation of North Louisiana. Its properties consist of interests in developed and undeveloped natural gas and oil leases. Its properties in the Appalachian region are located in the Appalachian Basin in the northeastern United States, predominantly in Pennsylvania. The Company’s other operations include drilling, production and field operations in the Texas Panhandle, as well as in the Anadarko Basin of Western Oklahoma and the Nemaha Uplift of Northern Oklahoma and Kansas.
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