Is Range Resources (RRC) the Top Oil & Gas E&P Stock Outperforming Despite Sinking Oil Prices?

We recently published a list of Top 10 Oil & Gas E&P Stocks Outperforming Despite Sinking Oil Prices. In this article, we are going to take a look at where Range Resources Corporation (NYSE:RRC) stands against other top oil & gas E&P stocks outperforming despite sinking oil prices.

Oil prices have crashed by as much as 8.5% since the start of this month as Donald Trump reignites the tariff war. At one point, it was down as much as 18%! The broader market, as well as investors, have come to terms with a harsh reality: the tariffs are here to stay!

Inflation resulting from these tariffs threatens to send the country’s economy into recession, and global oil demand is reacting accordingly. The oil prices continue to tumble, threatening the future of some of the major oil producers of the world.

Amid this uncertain environment, some oil and gas stocks are outperforming the market. We decided to take a look at these stocks to find gems that can help retail investors outperform the market in these tough times.

To come up with our list of the top 10 oil & gas stocks outperforming despite sinking oil prices, we looked at the oil & gas exploration and production industry, considering only the stocks with a market cap between $2 billion and $10 billion.

Range Resources Corporation (NYSE:RRC)

Range Resources Corporation (NYSE:RRC) is an independent natural gas liquids (NGLs), natural gas, and oil company. It explores, develops, and acquires oil and natural gas properties in the Appalachian region. The firm supplies natural gas to industrial users, marketing and midstream companies, and utilities. The stock is up over 5% in pre-market trading.

Last month, J.P. Morgan upgraded Range Resources (NYSE:RRC) from Underweight to Neutral, boosting the price target from $43 to $45. Arun Jayaram said that the upgrade was based on the growth potential and attractive valuation.  The analyst believes that the company’s decision to pursue moderate growth in 2026-2027 is strategic, utilizing its financial position, strong inventory, and recent transportation investments.

In the last quarter of 2024, Range Resources (NYSE:RRC) was not able to meet the Wall Street revenue estimates. However, operational efficiency saw considerable improvement, resulting in better translation of revenue into profits. The company is known for maximizing shareholder returns, and continuing that tradition, it paid $77 million in dividends and bought back shares worth $65 million.

CEO Dennis Degner was optimistic about the company’s future, expressing his sentiments by saying:

“We fully expect that there’s going to be, we’ll just say, power demand conversations and AI and data center-type growth opportunities.”

Overall, RRC ranks 8th on our list of top oil & gas E&P stocks outperforming despite sinking oil prices. While we acknowledge the potential of RRC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that has gone up since the beginning of 2025, while popular AI stocks have lost around 25%. If you are looking for an AI stock that is more promising than RCC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.