IF the global market tanks, and there are plenty around to suggest it SHOULD, then companies like Range will be hit, and hit hard. A tanking market will sell off in the 'extreme' and disregard fundamentals in much the same way as an over-excited market ..... recall the dot.bomb era when techs were selling at multiples of 100's P/E.
Stranger things have happened ......
There is a lot of 'dumb' money in the market ATM.