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Video: What is a Stock Split?
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Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and crude oil and condensate company. Co. is engaged in the exploration, development and acquisition of natural gas and oil properties in the Appalachian region of the U.S.. Its principal area of operations is the Marcellus Shale in Pennsylvania. Its properties consist of interests in developed and undeveloped natural gas and oil leases. It owns approximately 1,466 net producing wells in Pennsylvania. It has an unbooked resource potential within the Marcellus, Utica/Point Pleasant and Upper Devonian formations. Its exploration and production operations are limited to the onshore U.S.. According to our RRC split history records, Range Resources has had 1 split. | |
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Range Resources (RRC) has 1 split in our RRC split history database. The split for RRC took place on December 05, 2005. This was a 3 for 2 split, meaning for each 2 shares of RRC owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Range Resources splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the RRC split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Range Resources shares, starting with a $10,000 purchase of RRC, presented on a split-history-adjusted basis factoring in the complete RRC split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
02/18/2015 |
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End date: |
02/14/2025 |
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Start price/share: |
$51.89 |
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End price/share: |
$38.67 |
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Starting shares: |
192.72 |
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Ending shares: |
203.79 |
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Dividends reinvested/share: |
$1.28 |
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Total return: |
-21.19% |
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Average Annual Total Return: |
-2.35% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,884.08 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
02/18/2015 |
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End date: |
02/14/2025 |
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Start price/share: |
$51.89 |
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End price/share: |
$38.67 |
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Dividends collected/share: |
$1.28 |
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Total return: |
-23.01% |
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Average Annual Total Return: |
-2.58% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,700.38 |
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Years: |
10.00 |
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Date |
Ratio |
12/05/2005 | 3 for 2 |
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