Citigroup Boosts Stake in Range Resources Corporation

Institutional investor increases holding in oil and gas exploration company by 71%

Mar. 3, 2026 at 1:31am

Got story updates? Submit your updates here. ›

Citigroup Inc. has significantly increased its stake in Range Resources Corporation, a major oil and gas exploration company, according to a recent 13F filing with the Securities and Exchange Commission. The financial services firm grew its position in Range Resources by 71% during the third quarter, now owning over 307,000 shares worth $11.6 million.

Why it matters

This move by a major institutional investor like Citigroup suggests increased confidence in Range Resources' outlook and potential for growth in the energy sector. As one of the largest shareholders, Citigroup's expanded position could signal positive market sentiment around the company's operations and future prospects.

The details

According to the 13F filing, Citigroup acquired an additional 127,753 shares of Range Resources during the third quarter, bringing its total stake to 307,604 shares. This represents about 0.13% ownership in the oil and gas exploration company. Range Resources is focused on natural gas, oil and natural gas liquids production, primarily in the Appalachian Basin.

  • Citigroup increased its stake in Range Resources during the third quarter of 2026.

The players

Citigroup Inc.

A major global financial services corporation and one of the largest institutional investors in Range Resources Corporation.

Range Resources Corporation

An independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids, with a focus on the Appalachian Basin.

Got photos? Submit your photos here. ›

The takeaway

Citigroup's substantial increase in its Range Resources holdings suggests the financial institution sees strong potential in the oil and gas company's future performance and growth prospects within the energy sector.