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Range Resources Ltd Share Chat (RRL)



Share Price: 0.42Bid: 0.40Ask: 0.44Change: 0.035 (+9.09%)Riser - Range Res.
Spread: 0.04Spread as %: 10.00%Open: 0.36High: 0.42Low: 0.36Yesterday’s Close: 0.385


Share Discussion for Range Resources Ltd


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bountyman
Posts: 1,469
Off Topic
Opinion:No Opinion
Price:0.40
RE: rrl
Today 16:06
Al, I would not expect an uplift in BOPD in the quarterlies, I am sure the company had advised they had stopped workovers and this was what was keeping the count up in spite of the lack of drilling.

Im thoroughly expecting it to begin with a 4. But as previously said, I have low expectations for the remainder of this year. But will be happy to be proven wrong.

KRO
 
Alsugar
Posts: 765
Off Topic
Opinion:No Opinion
Price:0.36
rrl
Today 13:28
the sp is moving in the right direction 39 sell 42 buy at this time
Alsugar
Posts: 765
Off Topic
Opinion:No Opinion
Price:0.36
rrl
Today 13:26
looking forward to the quarterly update and the end of the week,lets see if it above the avg 551 of the last quarter
Celticheart
Posts: 9,698
Observation
Opinion:No Opinion
Price:0.36
RE: British Bulls
Today 09:47
Actually if you paid attention you will have noticed that I have not posted any charts for some time as they are not reliable in a low volume volatile market. The big difference between me and others is I wont switch my position to suit a trading position. I post positives because there are enough already posting the negatives but that does not mean I am oblivious or blinkered to them.
Trumploudly
Posts: 28
Off Topic
Opinion:No Opinion
Price:0.36
RE: British Bulls
Today 09:13
Celtic you only ever post positive charts. Oilspill only ever provides negative charts. What neither of you provides is any balance, and prospective investors should be very wary of both of you.
ChickenChallenge
Posts: 121
Off Topic
Opinion:No Opinion
Price:0.36
View Thread (3)
RE: British Bulls
Today 08:22
No one has produced a chart that has proved reliable that I can remember. Claims of resistance and channels have all proved to be rubbish for RRL.
Celticheart
Posts: 9,698
Observation
Opinion:Strong Buy
Price:0.385
British Bulls
Today 07:50
It seems that some just called the bearish pattern wrong this time:

Market Outlook: It was definitely a day of high anxiety for shorts watching the sudden bullish move. The bulls now have the upper hand in the market. This bullish enthusiasm caught us off guard without the forewarning of a bullish pattern. Our previous SHORT signal didn't work out. This happens. Sometimes, candlestick patterns falter. We owe you an apology for that, but this is exactly what we have the stop loss mechanism for. The bullish stop loss of the last bearish pattern is triggered today.
Celticheart
Posts: 9,698
Observation
Opinion:No Opinion
Price:0.385
Two RNS today
Today 07:42
Good to see the company strengthening its trading policy with regard to insider dealing. Also another expiry of options, 476,190 this time. Small amounts maybe but they are all shares that would count towards our overall volume.
Celticheart
Posts: 9,698
Observation
Opinion:Strong Buy
Price:0.385
View Thread (2)
Can oil recover to 100 USD a barrel
Mon 22:20
�Current spare capacity is confined mainly to Saudi Arabia and we believe that the prospects for capacity growth elsewhere within Opec are limited � indeed some of the more peripheral producers (including Venezuela, Algeria and Ecuador) are likely to see output decline this year."

http://www.telegraph.co.uk/business/2016/04/16/can-the-oil-price-ever-recover-to-100/
OilSpill
Posts: 473
Off Topic
Opinion:No Opinion
Price:0.385
Oil price drops
Mon 22:02
to three-month low on oversupply fears.....

Oil prices have fallen to a three-month low, hit by rising concerns that a global oversupply of both crude and natural gas will dampen prices.

US oil fell 2.4% to $43.11 (�32.72) a barrel, its lowest level since April, meaning it has now fallen by 12% so far this month.

Brent crude dropped 2.1% to $44.75, its lowest level since 10 May.

Shares in oil and firms also lost ground, with Exxon Mobil shares down 1.8% and Chevron down 2.6%.

"Crude oil markets have been under pressure as oil supplies have started growing with the resumption of output from the capacity lost due to wildfires in the Canadian oil sands," said EY energy analyst Sanjeev Gupta.

Data from market intelligence firm Genscape also suggested US production had increased.

Inventory at the Cushing, Oklahoma delivery base rose by 1.1 million barrels in the week to 22 July.

"Supply continues to return from disruptions, refined products are severely oversupplied, crude demand is falling well short of product demand, and key product demand is decelerating," Morgan Stanley said in a note.

On Friday, data showed the amount of US oil and gas extraction points had increased for the fourth week in a row.

The slump in prices from as high as $115 per barrel in 2014 led many shale oil producers to cut the number of rigs as producing oil was no longer profitable.

But despite a decrease in American crude supplies over the past year, there are still large stocks of gasoline in the country, even as the US hits its summer driving peak.

The value of the dollar which has steadily risen over the past month has also put pressure on crude oil prices.
http://www.bbc.co.uk/news/business-36887112




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