TakeoverPE & activists

RRCRANGE RESOURCES CORP

Crude Petroleum & Natural Gas · $12.9B market cap · 564 employees

0.3×

Less likely than average to be taken private

Top 43% of the Russell 3000 for a buyout by a private-equity firm, holdco or insiders. How it works

Takeover signals

What an activist or buyer would see: cheap, overpaid, diluted or under pressure.

1of 15 firedHow well they predict deals →
14 other checks
  • TSR below peersNo
    —
    3+ of last 5 years
  • High CEO pay despite TSRNo
    —
    Median CEO pay ≥ $15M while TSR trails
  • Earnings not backed by cashNo
    178% of net income
    Cash flow under 80% of net income
  • Dilutive SBCNo
    3% of revenue
    Over 10% of revenue
  • Payouts exceed cash flowNo
    7% of cash flow
    Buybacks + dividends over cash flow
  • Goodwill-heavyNo
    0% of assets
    Over 40% of assets
  • Shareholder dissentNo
    99% lowest support
    Any vote under 80% support
  • Low revenue per employeeNo
    $5M · 73rd pct
    Bottom quartile of its SIC industry
  • Net cashNo
    —
    More cash than debt, positive EBITDA
  • Buyout-sizedNo
    $12.9B market cap
    Market cap $500M–$5B
  • Recurring revenueNo
    —
    10-K business scored 7+ of 10 for recurring revenue
  • AI-rollup shapedNo
    —
    10-K business scored 5+ of 10 as an AI-rollup target
  • Active 13DNo
    0 filings
    Active-intent 13D in 18 months
  • Net insider sellingNo
    −$4M net
    Net sales over $10M in 12 months

Deal filings

FiledFormAcquirerPricePremium
Oct 26, 20268-KEQT Corporation——
Aug 10, 2016DEFM14A—$12.5017.1%

Key numbers

Revenue
$3.0BFY2021: $3.6BFY2022: $5.3BFY2023: $2.5BFY2024: $2.3BFY2025: $3.0B
27% YoY
Operating margin
—
EBITDA
—
Net debt / EBITDA
—
$781M net debt

Financials

MetricFY2021FY2022FY2023FY2024FY2025YoYTrend
Revenue$3.6B$5.3B$2.5B$2.3B$3.0B 27% FY2021: $3.6BFY2022: $5.3BFY2023: $2.5BFY2024: $2.3BFY2025: $3.0B
Net income$412M$1.2B$871M$266M$658M 147% FY2021: $412MFY2022: $1.2BFY2023: $871MFY2024: $266MFY2025: $658M
Operating cash flow$793M$1.9B$978M$945M$1.2B 24% FY2021: $793MFY2022: $1.9BFY2023: $978MFY2024: $945MFY2025: $1.2B
Dividends$0$39M$77M$77M$86M 11% FY2021: $0FY2022: $39MFY2023: $77MFY2024: $77MFY2025: $86M

13D filers

None on file.

Insider trading

−$4Mnet selling by insiders, open market, last 12 months
Bought $0 · 0 tradesSold $4M · 10 trades

Pay vs performance

No pay-versus-performance disclosure yet.