Range ResourcesNatural gas is an important energy resource that will play a key role as America transitions to a renewable-energy future. With a 50 percent reduction in carbon dioxide emission when compared to coal, it’s a more environmentally friendly option that can be used for large scale energy infrastructure, and direct consumer applications like heating and cooking.

Range Resources Corp. (NYSE: RRC) is an affordable stock pick that trades below $10 today. The company specializes in the exploration, acquisition, and development of natural gas properties in the United States. 70% of the company’s revenue is generated from natural gas projects.

Range Resources revenue and gross income have fluctuated in recent years. 2020 is likely to see a recovery as the Coronavirus Pandemic and a particularly bad Atlantic Hurricane Season have boosted consumer demand for natural gas. The company is stable with an EBITDA margin of 25.21%.

Alternative investors can look ahead to a likely upside, thanks to the momentum on this stock. It is up this year when looking at all key metrics, and the target price of $9.00 is likely to be revised if its strength continues. It’s one of the best energy picks this quarter.

Key Data:

  • 1 Year Price Growth: 74%
  • YTD Price Growth: 84%
  • 3 Month Price Growth: 83%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.