SCHEDULE: FMR LLC Reports 5.3% Stake in Range Resources

FMR LLC and Abigail P. Johnson have reported a combined beneficial ownership of 5.3% in Range Resources Corp. as of June 30, 2026.

Summary

• FMR LLC, through its subsidiaries and affiliates, along with Abigail P. Johnson, collectively hold a beneficial ownership of 12,598,359.94 shares of Range Resources Corp. common stock.
• This represents 5.3% of the class of securities outstanding as of June 30, 2026.
• FMR LLC is classified as an Investment Adviser (IA) and Abigail P. Johnson is a Director, Chairman, and CEO of FMR LLC.
• The filing is an amendment to a Schedule 13G, indicating a change or confirmation of beneficial ownership.
• The Johnson family, through Series B voting common shares, holds 49% of the voting power of FMR LLC and may be deemed a controlling group.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting on beneficial ownership changes and not containing operational or financial performance data.

Positives

• FMR LLC and Abigail P. Johnson maintain a significant, though not controlling, stake in Range Resources Corp.
• The filing confirms a stable ownership position, which can be viewed positively by the market as it indicates continued investor confidence from a major entity.

Negatives

• The filing does not provide any operational or financial performance data for Range Resources Corp., limiting insights into the company's health.
• The disclosure of beneficial ownership does not inherently signal positive or negative performance for the underlying company.

Risks

• The filing does not explicitly mention any risks associated with Range Resources Corp.'s operations or market position.
• Potential risks could indirectly arise from changes in beneficial ownership if FMR LLC or Abigail P. Johnson decide to alter their investment strategy.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding Range Resources Corp.'s future performance. It solely reports on beneficial ownership.

Management Comments

• FMR LLC and Abigail P. Johnson may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC through their ownership of voting common shares and the shareholders' voting agreement.

Industry Context

StockSavvy.ai notes that this filing is typical for institutional investors like FMR LLC, which regularly report their holdings in publicly traded companies. Range Resources Corp. operates in the energy sector, an industry subject to significant market volatility and regulatory scrutiny.

Comparison to Industry Standards

• This filing is a standard Schedule 13G disclosure, which is a regulatory requirement for significant beneficial ownership. It does not provide performance data to compare against industry standards.
• FMR LLC is a major institutional investor, and its holdings are closely watched. A 5.3% stake is substantial but does not typically indicate control or a takeover intention on its own.

Stakeholder Impact

• Shareholders: The filing confirms a significant institutional investor's stake, which may provide some stability or signal confidence, but it does not directly impact share price without further context.
• Management of Range Resources Corp.: The presence of a large institutional holder like FMR LLC is a common factor in corporate governance and may influence strategic decisions.
• Regulators: The filing ensures compliance with SEC disclosure requirements regarding beneficial ownership.

Next Steps

• FMR LLC and Abigail P. Johnson will continue to report any material changes in their beneficial ownership of Range Resources Corp. in accordance with SEC regulations.

Key Dates

Keywords

Range Resources, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Investment Adviser, Energy, Oil and Gas