Range Resources Corp (RRC)

[Timothy Smith]

Between $RRC's super-rich and wet Marcellus acreage and its Mississippian position, Range has an abundant inventory of oil and liquids-focused opportunities that generate very strong rates of return in the current commodity price environment and the lower price environment as indicated by the futures strip.

And RRC’s dry Marcellus generates solid returns down to and below US$3/m, which could provide flexibility in a lower crude and liquids pricing environment.