Jefferies Financial Group Reduces Stake in Range Resources

The investment firm sold over 132,000 shares of the oil and gas exploration company in the third quarter.

Published on Mar. 9, 2026

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Jefferies Financial Group Inc. reduced its position in Range Resources Corporation (NYSE:RRC) by 12.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 976,626 shares of the oil and gas exploration company's stock after selling 132,905 shares during the quarter.

Why it matters

This transaction reflects changes in Jefferies' investment strategy and portfolio allocation for the oil and gas sector. As a major institutional investor, Jefferies' moves can provide insights into broader market trends and investor sentiment around energy companies like Range Resources.

The details

Jefferies Financial Group sold 132,905 shares of Range Resources in the third quarter, reducing its total stake in the company to 976,626 shares. This represented a 12.0% decrease in Jefferies' position. As of the most recent SEC filing, Jefferies owned 0.41% of Range Resources, which is valued at $36.76 million.

  • Jefferies Financial Group reduced its position in Range Resources during the third quarter of 2026.

The players

Jefferies Financial Group Inc.

A global investment banking firm that provides a full range of investment banking, advisory, sales and trading, research and asset management services to institutional and corporate clients.

Range Resources Corporation

An independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids, with a significant presence in Pennsylvania's Marcellus Shale.

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The takeaway

This transaction highlights the ongoing shifts in institutional investor sentiment towards the oil and gas industry, as firms like Jefferies adjust their portfolios in response to market conditions and strategic priorities.