Range Resources Corporation

RRC: Is Range Resources Corporation Halal?

Range Resources Corporation

NYSEEnergyUS

$35.49

-3.38%

Market Cap: 8.4B

Compliance Status

Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

A

Very Good

88Score

Is Range Resources Corporation (RRC) halal? Halal. Based on AAOIFI screening, Range Resources Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 88/100 (Grade: A).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

13.8% of 30.0% limit

What this means for you

You can own RRC

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About Range Resources Corporation

Range Resources Corporation (RRC) functions as an autonomous energy enterprise within the United States, concentrating its efforts on natural gas, natural gas liquids (NGLs), and crude oil. The company's core activities involve the exploration, growth, and procurement of hydrocarbon assets. By the close of 2021, Range Resources managed 1,350 operational wells and possessed leasing rights for approximately 794,000 net acres, predominantly situated in the Appalachian region of the northeastern United States. Range Resources distributes its natural gas and NGLs to various clients, including utility providers, marketing and midstream businesses, industrial consumers, petrochemical end-users, commodity marketers/traders, and natural gas processors. Furthermore, it supplies oil and condensate to crude oil processing facilities, transportation firms, and refining and marketing organizations. Established in 1976, the company's main office is located in Fort Worth, Texas. It previously operated under the name Lomak Petroleum, Inc., before officially adopting Range Resources Corporation in 1998.

Sector: Energy · Industry: Oil & Gas Exploration & Production

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Range Resources Corporation (RRC) halal to invest in?
Based on AAOIFI Standard 21 screening, Range Resources Corporation (RRC) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Range Resources Corporation get a A compliance rating?
Range Resources Corporation (RRC) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 13.8% (limit 30%); interest-bearing deposits of 0.0% (limit 30%); prohibited income of 0.02% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Range Resources Corporation's Shariah verdict?
Range Resources Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Range Resources Corporation re-screened for Shariah compliance?
Range Resources Corporation (RRC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 18, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.