Share Name Share Symbol Market Type Share ISIN Share Description
Range Res. LSE:RRL London Ordinary Share AU000000RRS3 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.34p 0.00p 0.00p - - - 0 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 4.0 -21.2 -0.3 - 25.83

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DateSubject
29/4/2017
09:20
Range Resources Daily Update: Range Res. is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker RRL. The last closing price for Range Resources was 0.34p.
Range Res. has a 4 week average price of 0p and a 12 week average price of 0.31p.
The 1 year high share price is 0.65p while the 1 year low share price is currently 0.30p.
There are currently 7,595,830,782 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Range Res. is £25,825,824.66.
25/2/2017
12:10
mr_blonde: Indeed we are, from what I understand we are going to get a very positive update very soon. I don't think the share price will be languishing at this level for much longer.
16/2/2017
12:59
mr_blonde: This could put 1p on the share price and it could be announced very soon. "Proposed changes to Trinidad fiscal regime: Range notes the recent press comments made by the Acting Trinidad Minister of Energy and Energy Industries Colm Imbert, which could signal a long-awaited overhaul of the country's oil and gas fiscal regime, including the reform of supplementary petroleum tax ("SPT") in response to the lobbying of small / medium operators. While there can be no guarantees, the proposed changes are anticipated to be finalised by the government during Q1 2017, and are expected to see the SPT which currently takes effect when realised oil prices reach US$50 / barrel, move to a profit-based tax mechanism rather than a volume or revenue based tax."
13/1/2017
16:04
qantas: Are you surprised at this share price?????
06/12/2016
15:23
qantas: http://www.bbc.co.uk/news/business-38219698 82% CFD Have lost money. New rules to help protect investors using financial spread betting - in which 82% have lost money - have been proposed by the financial watchdog. The Financial Conduct Authority wants to tackle the "contract for difference" (CFD) market, which includes financial spread betting. It fears that retail customers are using products they do not understand. The CFD market offers the opportunity to speculate on a shift in the market without owning the underlying asset. The FCA is proposing measures to limit the risks of CFD products and ensure that customers are better informed. "We have serious concerns that an increasing number of retail clients are trading in CFD products without an adequate understanding of the risks involved, and as a result can incur rapid, large and unexpected losses," said Christopher Woolard, the FCA's executive director of strategy and competition. Analysis Image copyright AFP/Getty Images Image caption Plus 500 are one of Atletico Madrid's sponsors Simon Gompertz, BBC personal finance correspondent Some 125,000 small investors are active in betting on movements in shares and currencies rather than buying the underlying investment. Spread betting firms are relentless in recruiting them, by blazoning their brands on football shirts, on public transport and in free newspapers. The internet has made dealing and advertising much easier. The companies pay to feature prominently on internet search engines and advertise on social media. A handful of players dominate in the UK, but 96 are authorised and another 130 promote their online trading from elsewhere in Europe, mostly from Cyprus. Losses can be instantaneous, with little chance of recovery, because they allow people to take big risks with small stakes. It means that a small movement in the price of shares can result in the security deposit an investor has put up - the margin - being wiped out. These complex investments are often sold to ordinary investors online. The potential losses or gains can be much larger than from traditional trading as an investor can hold a trading position representing a much higher value than the size of the stake invested. The FCA's analysis found that 82% of clients lost money on such products. The average among clients checked by the watchdog was a loss of £2,200 a year. Its plans include: Standardised risk warnings given to customers Proportion of winners and losers on products published by providers Capping the proportion of "borrowed" funds that can be used for trading by inexperienced retail clients Preventing providers from using any form of trading or account opening bonuses or benefits to promote CFD products Consultation on the plans is open until March, with a further statement expected from the FCA in the spring. Immediate impact Shares in firms offering these services were hit hard following the announcement. CMC Markets and IG Group were the biggest fallers on the FTSE 250, both down about 30% in morning trading. Plus 500, which also saw its share price fall, said the FCA's plans would have "a material, operational and financial impact on the UK regulated subsidiary". This represents about 20% of its global business. IG Group said that it recognised there were "shortcomings in the approach to the marketing of CFDs" by certain firms, often operating from outside the UK. "Certain of the FCA proposals could enhance client outcomes," it added. "However, the FCA's proposals do not appear to directly apply to firms operating from outside the UK offering CFDs and binaries to clients in the UK on a cross-border services passport from another EU member state. "IG will carefully consider the implications of the FCA consultation paper." CMC said it had consistently focused on higher-value experienced premium clients who understood the markets and products they were trading.
19/10/2016
19:15
underhill2: Qantas - Strange comments you make.Maybe it's you who needs to join a dating Agency ! Im very happy with my wife !For your info I own 1 millions shares here and have done for 3 years.Like the previous poster my holding here is a small part of my portfolio so not to bothered what happens here. Maybe in the long term things will improve here. Short/Medium term I can't see much upward movement in the share price. As always time will tell
02/9/2016
14:46
underhill2: Could be very bad news. As mentioned previously if the other members of the consortium have no money then RRL has to pay the whole debt. That would be the end of RRL. That's because the debt is JOINT and SEVERAL. That's why the share price has crashed. It's far too risky for me to buy anymore shares.
02/9/2016
14:13
waveneygnome: Abrahe.....its JOINT & SEVERAL LIABILITY = rrl could be on the hook for the lot if the other parties have no money......thats why the share price has tanked.
01/9/2016
13:51
topicel: Legacy issues brought up by someone or somebody interested in squeezing extra value out of RRL share price? Maybe. Certainly as Abrahe says an opportune time to take advantage too based on current anticipation for real 2016 progress. Topicel
29/9/2013
21:18
fangorn2: Yes of course I have interests in other companies. But I never post. This is the first day I have posted on advfn, believe it or not. I used to be in RRL, I bought at 4.5 roughly and sold at 3.3p. I was fooled by all those conversations on technical details about wells, rbl, texas yes or not, puntland the new saudi arabia bla bla...I have been very naive and I was trying to warn other readers so that they don't do my same mistake. And just on a funny note, when I have a bad day I look at rrl share price and immediately feel better, and if I have a very bad day I even read the posts on world stock so that I feel less stupid than many other investors. Transparent as....... I guess you post on your other companies elsewhere then eh.
16/9/2012
23:43
the_knackerd_trader: escondido - to date the operation to discover commercial oil in Puntland is going ahead as planned to achieve its objective in discovering commercial oil. Rome wasn't built in a day sir. The spike down at open on the duster news was, imo, short term leverage 'gamblers' getting their stops taken out by MM's. The shares were then bought up by the 'shrewd invertors' who are here for the underpinning of the price by T&T and to wait for the operation in Puntland to achieve its objective in discovering commercial oil, hence the rise on the duster. RRL is far more volatile than the all-share index. Your chart, short term, is comparing Apples with Pears. Looking around at other AIM oilers gives us a clearer picture of how RRL is performing in relation to other similar stocks. You maybe surprised to learn that PP does not control the share price of RRL or other AIM oilers. However, going by your AXX chart, we can that see that when the index rose from 650 in December to a peak of 820 in March it gained 26%, while over the same period of time RRL share price went from 7p to 16.8p gaining a nice 140% thus rising at 5.3 times the rate of the AXX index. We both agree that the price has bottomed and is about to rise in coming weeks. If we look at the longer term overlay below of RRL and the AXX we can see just how far the coloration gap has grown. Its now wider than at any point over the last year. Going by past performance, this suggests to me that if the main AXX rises (which I expect) RRL will rise significantly faster and substantially outperform the index. We can see by the overlay that RRL is already starting to turn up far more sharply than the AXX index. Time to buckle up and stop whinging I reckon. Ho, and don't forget your appointment at the optician ;-) free stock charts from uk.advfn.com
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