GPOR vs RRC: Correlation
How closely do Gulfport Energy Corporation (GPOR) and Range Resources Corporation (RRC) trade together? Their weekly returns over three years give a correlation of 0.75, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPOR and RRC?
Across a 3-year window, the weekly returns of GPOR and RRC correlate at 0.75, strong. Recent behaviour matches the longer record: 0.68 over 1 year against 0.75 over 3. Stretching to 5 years gives 0.68, with an annualized covariance of 799.9 %².
RRC is one of the assets that tracks GPOR most closely: it ranks #2 out of the 14 assets we track against GPOR. Correlation aside, the last 12 months split them widely, with RRC ahead by 22.2 points (+2.1% versus +24.3%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
GPOR vs RRC: side by side
| GPOR (Gulfport Energy Corporation) | RRC (Range Resources Corporation) | |
|---|---|---|
| 1-year return | +2.1% | +24.3% |
| 5-year return | +166.3% | +195.2% |
| Volatility (ann.) | 32.5% | 33.0% |
| Beta vs S&P 500 | 0.51 | 0.34 |
| Max drawdown (3Y) | -32.5% | -28.0% |
| Market cap | $3.1B | $9.7B |
| P/E (trailing) | 6.6 | 11.5 |
| Dividend yield | 0.00% | 0.91% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GPOR | RRC |
|---|---|---|
| 2022 | +2.2% | +41.1% |
| 2023 | +80.9% | +23.1% |
| 2024 | +38.3% | +19.3% |
| 2025 | +12.9% | -1.0% |
| 2026 | -15.3% | +18.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPOR and RRC good diversifiers for each other?
Only partially. A correlation of 0.75 means GPOR and RRC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between GPOR and RRC?
As of 2026-08-27, the correlation of weekly returns between GPOR and RRC is 0.75 over 3 years, 0.68 over 1 year and 0.68 over 5 years.
Is RRC a good diversifier for GPOR?
Only partially. A correlation of 0.75 means GPOR and RRC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.75 mean?
A reading of 0.75 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gpor-vs-rrc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gpor-vs-rrc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GPOR correlations · RRC correlations
