Range Resources

Range Resources Corp. engages in the exploration, development and acquisition of natural gas and oil properties in the Appalachian and Midcontinent regions. The company was founded in 1976 and is headquartered in Fort Worth, TX.

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Range Resources reports record year, poised for growth and value creation

Range Resources' Q4 2022 earnings call highlighted a record year with strong financial performance, operational efficiency, and strategic focus on generating free cash flow and returning capital to shareholders. The company's emphasis on maintaining a low breakeven, efficient operations, and value creation through reserves optimization positions it for continued success. While challenges exist in market volatility, Range is poised to leverage opportunities in extending laterals, enhancing drilling efficiencies, and reducing costs.

Range Resources excels in Q1 2023, eyes ethane market opportunities

Range Resources delivered a robust Q1 performance, focusing on operational efficiencies, share repurchases, and NGL production dynamics. The company's strengths lie in its financial and operational resilience, while challenges include inflationary pressures and strategic decision-making for future growth. Range Resources is poised to capitalize on opportunities in the ethane market and maintain a competitive edge through efficient operations and capital allocation.

Range Resources (RRC) reports resilient Q2 performance and eyes growth opportunities

Range Resources (RRC) showcased strong performance in Q2, emphasizing operational efficiencies, debt reduction, and shareholder returns. Despite challenges in quantifying price relief and potential market fluctuations, the company remains optimistic about growth opportunities in the coming years. Leveraging its strengths in cost management and production efficiency, Range is well-positioned for future success.

Range Resources excels in Q3 operations, eyes LPG price gains

Range Resources delivered a strong performance in Q3, emphasizing operational efficiencies and financial strength.
While facing challenges in cost management and production guidance, the company is well-positioned to capitalize on opportunities in LPG prices and cost savings.
With a focus on shareholder value and strategic flexibility, Range Resources aims to navigate industry dynamics for sustainable growth and returns.

Range Resources excels in financial performance, eyes growth opportunities

Range Resources reported a successful execution of its 2023 plan, emphasizing free cash flow generation, debt reduction, and asset development. The company's 2024 plans include capital spending between $620-670 million, focusing on base maintenance, acreage spending, water infrastructure, and drilling flexibility. Range Resources maintains a cautious approach to M&A, prioritizing capital efficiency and long-term value creation.

Range Resources excels in Q1, eyes Northeast demand growth

Range Resources delivered a solid performance in Q1 2024, focusing on operational improvements, cash flow generation, and strategic capital allocation. With a strong marketing strategy, hedging positions, and a commitment to emissions reduction, the company is well-positioned to capitalize on opportunities in the Northeast's growing natural gas demand.

Range Resources (RRC) excels in Q2 with focus on liquids revenue and operational efficiency

Range Resources (RRC) reported a strong Q2 performance driven by liquids revenue, operational efficiency, and strategic marketing efforts. While facing challenges in hedging and balance sheet management, the company is well-positioned to capitalize on opportunities in optimizing sales, accessing premium markets, and enhancing sustainability initiatives.

Range Resources excels in Q3, eyes growth in data centers

Range Resources' Q3 performance reflects its commitment to operational excellence, financial strength, and strategic growth initiatives. With a resilient cash flow story and potential for future expansion, the company remains well-positioned in the energy sector.

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Range Resources Corp. engages in the exploration, development, and acquisition of natural gas and oil properties in the Appalachian and Midcontinent regions. The company was founded in 1976 and is headquartered in Fort Worth, TX.

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Considering the uncertainties in the natural gas market, our recommendation is to concentrate on companies with strong fundamentals, such as RRC, CTRA and LNG.

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As the natural gas market remains poised for a dynamic journey in 2024, our recommendation is to concentrate on companies with strong fundamentals, such as RRC, CTRA and LNG.

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Because of uncertainty around demand and supply in the natural gas market, we advise focusing on fundamentally sound companies like RRC, CTRA and LNG.

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Natural gas prices have fallen by roughly 30% since the end of October due to unfavorable supply and demand dynamics and the El Niño weather pattern. Energy experts believe that natural gas prices in the US are trading at an 80% discount to global energy prices, but this discount is likely to decline in the future. Range Resources is seen as a fantastic natural gas play, as it has deep reserves, low breakeven prices, efficient operations, and the ability to reward shareholders with distributions.

High Risk, High Reward - I Expect Range Resources To More Than Double In The Years Ahead

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Range's strong presence in the biggest natural gas basin – Marcellus Shale - makes its value particularly compelling. Since the price of natural gas has been mostly flat for 2023, it represents an excellent buying opportunity. Natural gas demand is expected to continue growing, and Range Resources is well-positioned to take advantage of this.

Range Resources Has Ticked All The Boxes - Time To Buy More Shares

Range Resources Corporation (NYSE:RRC ) Q3 2023 Earnings Conference Call October 25, 2023 9:00 AM ET Company Participants Dennis Degner - CEO Mark Scucchi - CFO Laith Sando - VP, IR Conference Call Participants Scott Hanold - RBC Capital Markets Doug Leggate - Bank of America Jean Ann Salisbury - Bernstein Umang Choudhary - Goldman Sachs & Company Michael Scialla - Stephens Inc. Jacob Roberts - TPH & Company Arun Jayaram - J.P. Morgan Securities Operator Welcome to the Range Resources Third Quarter 2023 Earnings Conference Call.

Range Resources Corporation (RRC) Q3 2023 Earnings Call Transcript

Range Resources' (RRC) third-quarter earnings gain from lower total costs and expenses. However, declining realized commodity prices offset the positive.

Range Resources (RRC) Q3 Earnings Top on Lower Total Costs

The headline numbers for Range Resources (RRC) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Range Resources (RRC) Q3 Earnings: A Look at Key Metrics

FORT WORTH, Texas, Oct. 24, 2023 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its third quarter 2023 financial results.

Range Announces Third Quarter 2023 Results

FORT WORTH, Texas, Oct. 20, 2023 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced the appointment of Charles G. Griffie to its Board of Directors. Mr. Griffie's appointment is effective October 17 and he will serve on Range's Governance and Nominating and ESG and Safety committees.

Charles Griffie Appointed as Range Director

Favorable commodity prices are likely to have aided Range Resources' (RRC) upstream activities in Q3.

Is a Beat in Store for Range Resources (RRC) in Q3 Earnings?

Range Resources (RRC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Range Resources (RRC) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

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FORT WORTH, Texas, Oct. 03, 2023 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its third quarter 2023 financial results news release will be issued Tuesday, October 24 after the close of trading on the New York Stock Exchange.

Range Announces Conference Call to Discuss Third Quarter 2023 Financial Results

Range Resources Corporation is a standout natural gas investment with strong production growth potential, deep reserves, and low breakeven prices. The company has a disciplined financial approach, including prudent debt reduction and conservative hedging strategies. While the natural gas market is volatile and risky, Range Resources has the potential to offer significant returns if gas prices trend upward.

News for Range Resources Stock (RRC)