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Range Resources Ltd Share Chat (RRL)



Share Price: 0.441Bid: 0.441Ask: 0.51Change: -0.019 (-4.13%)Faller - Range Res.
Spread: 0.069Spread as %: 15.65%Open: 0.44High: 0.441Low: 0.44Yesterday’s Close: 0.46


Share Discussion for Range Resources Ltd


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Rexco
Posts: 2,974
Observation
Opinion:Weak Buy
Price:0.33
Oil price
3 Mar '16
Currently $35 I think RRL need this at $40 before investors will be comfortable with the projected scenarios.

In the meantime Range need to keep pumping that water to increase oil production and profitability.

Any asset purchase at this stage would be increasing the risk so that may well be a bad idea.
 
Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.3645
0.33-0.4
3 Mar '16
Mms prepared to increase the bid bodes well for some movement today.

Bring on the m&a of a producing asset.
Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.3645
RE: Saudis sniffing for a loan and
3 Mar '16
Big day coming here soon.

Range looking very well placed

0.4-0.5 next up
Sanchez57
Posts: 1,100
Off Topic
Opinion:No Opinion
Price:0.3645
Saudis sniffing for a loan and
2 Mar '16
markets willing to look beyond lingering bearish signs , so MMs may be calling this right.

http://www.nasdaq.com/article/oil-prices-look-past-bearish-data-to-notch-gain-20160302-00927?

Chen ready to push is the next question, as far as water flood is concerned. rigs need to stay idle for longer but that might be too balanced for some on here, lol.
Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.3645
RE: Re Huge finish up 17% 0.365
2 Mar '16
Oil still rallying.

Range looking very undervalued as Brent heads toward $40

Next stop 0.5p here
OilMonster
Posts: 88
Off Topic
Opinion:No Opinion
Price:0.3645
RE: Re Huge finish up 17% 0.365
2 Mar '16
Spread was 50% this morning...
fourteenhundred
Posts: 4,037
Observation
Opinion:No Opinion
Price:0.3645
Re Huge finish up 17% 0.365
2 Mar '16
Not bad on an unofficial spread of 20%
Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.33
Huge finish up 17% 0.365
2 Mar '16
Roll on tomorrow

And more news clippings

;-)
Kiplingcakes
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:0.30
RE: Brent crude flying!!! $37.4+
2 Mar '16
Brent crude now up 2%

Break out time

Next stop $40

Which will see range over 0.5p

Buckle
Up
OilSpill
Posts: 354
Off Topic
Opinion:No Opinion
Price:0.30
Freeze thawing out..
2 Mar '16
USA Oil inventories up 10.3 Million barrels against 3.5 Million estimate. Saudi and Russia's placebo is not fooling anyone....

http://www.fxstreet.com/economic-calendar/




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