Satellite operators utilize a two-stations turn around ranging (TAR) system to reduce the ground station measurement system's complexity and cost while having the same or better orbit determination accuracy for communication satellites orbit determination recently. This study investigates two stations' performance, four-way ranging on communication satellite orbit determination, operational conformance, and cost. The observation data sets are collected using traditional single station tracking (SST) and the new method TAR. The computed results using the Monte Carlo method encourage the satellite operators to use a four-way ranging system to observe and measure required data sets. TAR performance is evaluated, taking SST as a reference. The six classical orbital elements (a, e, i, RAAN, AoP, and TA) are compared for large numbers of observation data. The SST and TAR results are very close to each other. The worst-case calculated Euclidian distance between SST and TAR is 1.893 km at the epoch below the 6 km success criteria. The TAR observation method is appropriate to collect data sets for precise orbit determination. This work result indicates that satellite operators should consider deploying TAR stations to collect two-station range data sets and compute the orbit for nominal north-south station-keeping maneuvers (NSSK) and east-west station-keeping (EWSK) maneuver operations. The TAR method is superior to SST in terms of accuracy, operational conformance, and costs.