Citi analyst Paul Diamond CFA maintains $Range Resources (RRC.US)$ with a hold rating, and adjusts the target price from $37 to $38.
According to TipRanks data, the analyst has a success rate of 61.5% and a total average return of 10.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Range Resources (RRC.US)$'s main analysts recently are as follows:
The midstream performance outlook for 2024 indicates that the energy sector may be gaining solid investable ground again. In contrast, exploration and production sectors face ongoing challenges as crude markets remain amply supplied. While it might seem too soon to have a strong positive outlook on crude leverage, the current business climate along with buybacks could serve as stabilizers if crude prices were to decline.
By 2025, natural gas producers are anticipated to benefit from three prominent secular demand trends: the expansion of considerable liquefied natural gas export capacities, heightened power demand due to electrification, and the transition from coal to gas. The updated exploration and production models extending through 2030 underline a perspective that anticipates long-term gas prices to remain above $3.50 per MMBtu. This adjustment reflects the necessary price increase to encourage further supply growth from the Haynesville and other higher-cost gas basins. Furthermore, expectations are set for the oil market to transition from balanced conditions in 2024 to a surplus by 2025 due to supply increments, prompting a shift towards a more defensive market stance.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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花旗分析師Paul Diamond CFA維持$山脈資源 (RRC.US)$持有評級，並將目標價從37美元上調至38美元。
根據TipRanks數據顯示，該分析師近一年總勝率為61.5%，總平均回報率為10.8%。
此外，綜合報道，$山脈資源 (RRC.US)$近期主要分析師觀點如下：
2024年中游腦機的業績展望表明，能源板塊可能再次獲得穩固的投資基礎。相比之下，勘探和生產板塊面臨持續挑戰，因爲原油市場供應充裕。雖然現在對原油槓桿有強勁的積極展望似乎爲時過早，但當前的商業氛圍以及股票回購在原油價格下跌時可能起到穩定作用。
到2025年，天然氣生產商預計將受益於三大顯著的長期需求趨勢：可觀液化天然氣出口能力的擴大，由於電氣化而帶來的電力需求增加，以及由煤轉向天然氣。延伸至2030年的更新後的勘探和生產模型強調了一種預計長期天然氣價格將保持在每百萬英熱單位以上3.50美元的觀點。這一調整反映了必要的價格增長，以鼓勵Haynesville和其他成本較高的天然氣盆地進一步供應增長。此外，預期石油市場將從2024年的平衡狀態過渡到2025年的供應增加，促使朝着更具防禦性的市場立場轉變。
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
