Financial Performance - Range Resources Corporation (RRC) reported first-quarter 2025 adjusted earnings of 96 cents per share, exceeding the Zacks Consensus Estimate of 90 cents and improving from 69 cents in the prior year [1] - Total quarterly revenues reached $854 million, surpassing the Zacks Consensus Estimate of $811 million and increasing from $721 million year-over-year [1] Operational Performance - Production averaged 2,200.3 million cubic feet equivalent per day (Mcfe/d), up from 2,141.5 Mcfe/d in the same quarter last year and exceeding the projection of 2,169.3 Mcfe/d [2] - Natural gas contributed approximately 69% to total production, with natural gas production increasing by 4% year-over-year, while oil production decreased by 30% and NGL output increased by 3% [2] Price Realization - Total price realization averaged $4 per Mcfe, a 37% increase year-over-year, although lower than the estimate of $4.08 per Mcfe [3] - Natural gas price rose by 76% year-over-year to $3.61 per Mcf, while NGL price increased by 6% and oil price fell by 5% [3] Costs & Expenses - Total costs and expenses increased by 9% year-over-year to $580.8 million, exceeding the expectation of $562.9 million [4] - Transportation, gathering, processing, and compression costs rose to $306.1 million from $290.9 million in the prior-year quarter [4] Capital Expenditure & Balance Sheet - Drilling and completion expenditure was $130 million, with an additional $16 million spent on acreage and $1 million on infrastructure and other investments [5] - At the end of the first quarter, total debt stood at $1,696.5 million, net of deferred financing costs [5] Outlook - Range Resources expects total production for 2025 to be 2.2 billion cubic feet equivalent per day, with over 30% attributed to liquids production [6] - The company has projected a capital budget of $650-$690 million for the year [6]

Range Resources Corporation (NYSE:RRC) Q1 2025 Earnings Conference Call April 23, 2025 9:00 AM ET Company Participants Laith Sando - SVP, IR Dennis Degner - CEO Mark Scucchi - CFO Conference Call Participants Jake Roberts - TPH&Co. Doug Leggate - Wolfe Research Roger Read - Wells Fargo Securities Kevin MacCurdy - Pickering Energy Partners Kalei Akamine - Bank of America Michael Scialla - Stephens John Annis - Texas Capital Paul Diamond - Citi Neil Mehta - Goldman Sachs David Deckelbaum - TD Cowen Operator W ...

Exhibit 99.1 NEWS RELEASE Range Announces First Quarter 2025 Results FORT WORTH, TEXAS, April 22, 2025…RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2025 financial results. First Quarter 2025 Highlights – Commenting on the results, Dennis Degner, the Company's CEO said, "Range is off to a great start in 2025 with efficient operations, consistent well performance and strong free cash flow. Our solid financial results supported increased returns of capital to shareholders alongside ...

Range Resources (RRC) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.67%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $0.55 per share when it actually produced earnings of $0.68, delivering a surprise of 23.64%.Over the last four ...

Revenue and Production - In Q1 2025, the company reported a 40% increase in revenue from the sale of natural gas, NGLs, and oil compared to Q1 2024, driven by a 37% increase in average realized prices and a 2% increase in production volumes [74]. - Total natural gas, NGLs, and oil sales reached $791.9 million in Q1 2025, a 38% increase from $567.0 million in Q1 2024 [80]. - Daily production averaged 2.2 Bcfe in Q1 2025, up from 2.1 Bcfe in the same period of 2024, reflecting a 2% increase in total production [74]. - Natural gas production increased by 2% to 135,963,430 mcf in Q1 2025 from 132,650,240 mcf in Q1 2024, while oil production decreased by 31% to 423,579 bbls [78]. - Oil production decreased to 424 Mbbls in Q1 2025, down from 610 Mbbls in Q1 2024, a decline of 30.5% [79]. - NGLs sales rose to $275.7 million in Q1 2025, compared to $256.1 million in Q1 2024, marking a 7.7% increase [80]. Financial Performance - Net income for Q1 2025 was $97.1 million, or $0.40 per diluted share, compared to $92.1 million, or $0.38 per diluted share in Q1 2024 [75]. - The company generated $330.1 million in cash from operating activities in Q1 2025, a slight decrease of $1.8 million from Q1 2024 [76]. - Cash flows from operating activities were $330.1 million in Q1 2025, slightly down from $331.9 million in Q1 2024 [96]. - The company paid $21.6 million in dividends, increasing the per share dividend by 12.5% to $0.09 compared to $0.08 in Q1 2024 [77]. - The company used operating cash flows to fund $158.3 million of capital expenditures in the first three months of 2025 [103]. Expenses and Costs - Direct operating expenses per mcfe increased to $0.13 in Q1 2025 from $0.11 in Q1 2024, attributed to higher water hauling and pumping costs [77]. - Transportation, gathering, processing, and compression expenses increased to $306.1 million in Q1 2025, up 5% from $290.9 million in Q1 2024 [80]. - Direct operating expense increased to $25.4 million in Q1 2025 from $22.2 million in Q1 2024, reflecting an 18% increase per mcfe [84]. - General and administrative expense decreased to $41.7 million in Q1 2025 from $43.9 million in Q1 2024, a 9% decline per mcfe [84]. - Interest expense decreased to $29.2 million in Q1 2025 from $30.5 million in Q1 2024, a 6% reduction per mcfe [85]. - Depletion, depreciation, and amortization expense increased to $90.6 million in Q1 2025 from $87.1 million in Q1 2024, with a 2% increase per mcfe [86]. Market Conditions and Price Realization - Average NYMEX natural gas prices rose to $3.66 per mcf in Q1 2025 from $2.23 per mcf in Q1 2024, while oil prices decreased to $71.40 per bbl from $76.92 per bbl [73]. - Average realized prices for natural gas increased by 76% to $3.61 per mcf in Q1 2025 from $2.05 per mcf in Q1 2024 [79]. - Average realized prices for oil decreased by 5% to $61.12 per bbl in Q1 2025 from $64.64 per bbl in Q1 2024 [79]. Liquidity and Capital Structure - The company maintained substantial liquidity with $344.6 million in cash on hand and $1.3 billion available under its credit facility [77]. - As of March 31, 2025, the company had approximately $1.6 billion of liquidity, consisting of $344.6 million in cash on hand and $1.3 billion available under the bank credit facility [99]. - The total remaining share repurchase authorization was approximately $948.6 million as of March 31, 2025 [106]. - At March 31, 2025, the company had approximately $1.7 billion of debt outstanding, bearing fixed interest rates averaging 6.0% [109]. - The company has undrawn letters of credit of $164.1 million as of March 31, 2025, which reduce borrowing capacity under the bank credit facility [101]. Risk Management - The company continues to focus on managing price risk through hedging and optimizing operational efficiencies to enhance financial performance [71]. - The company is exposed to market risks related to natural gas, NGLs, and oil prices, with approximately 64% of proved reserves being natural gas [115]. - Derivative fair value loss was $159.0 million in Q1 2025, compared to a gain of $46.6 million in Q1 2024, indicating increased volatility in revenues [81]. - The fair value of the company's derivative contracts approximated a net unrealized loss of $108.3 million as of March 31, 2025 [118]. Other Income and Expenses - Other income rose to $3.2 million in Q1 2025, compared to $3.0 million in Q1 2024, reflecting stable interest income [83]. - Exploration expense rose to $6.4 million in Q1 2025 from $4.5 million in Q1 2024, a 41% increase [90]. - Taxes other than income rose to $6.8 million in Q1 2025 from $5.7 million in Q1 2024, with a 33% increase per mcfe [84]. - Income tax expense decreased to $12.7 million in Q1 2025 from $18.2 million in Q1 2024 [93].

FORT WORTH, Texas, April 22, 2025 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2025 financial results. First Quarter 2025 Highlights – Cash flow from operating activities of $330 millionCash flow from operations, before working capital changes, of $397 millionRepurchased $68 million of shares, paid $22 million in dividends, and reduced net debt by $42 millionCapital spending was $147 million, approximately 22% of the annual 2025 budgetRealized price, includi ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Range Resources (RRC) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 22. ...

Investors looking for stocks in the Oil and Gas - Exploration and Production - United States sector might want to consider either Range Resources (RRC) or Viper Energy Partners (VNOM) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revisio ...

Core Viewpoint - Range Resources Corporation will release its first quarter 2025 financial results on April 22, 2025, after the market closes [1] Group 1: Financial Results Announcement - The financial results news release is scheduled for April 22, 2025, after the close of trading on the New York Stock Exchange [1] - A conference call to review the financial results will take place on April 23, 2025, at 9:00 a.m. ET [2] - The conference call will be accessible via a webcast, which will be archived for replay until May 23, 2025 [2] Group 2: Company Overview - Range Resources Corporation is a leading independent natural gas and NGL producer in the U.S., primarily operating in the Appalachian Basin [3] - The company is headquartered in Fort Worth, Texas [3] - Additional information about Range Resources can be found on their official website [3]

Industry Insights - The American Exploration and Production Council (AXPC) hosted a visit by Secretary Doug Burgum to a hydraulic fracturing site in Pennsylvania, emphasizing the role of local oil and gas in meeting U.S. energy needs [1][2] - The event showcased Halliburton's Zeus® intelligent electric fracturing platform, highlighting how innovation can enhance domestic energy supply while reducing emissions and costs [2][3] - The visit underscored the potential for American energy producers to meet increasing demand both domestically and internationally, while also supporting local communities and driving emissions reductions [3] Company Highlights - AXPC CEO Anne Bradbury stated that with appropriate policies, energy production can grow, supporting jobs and lowering costs for families while reducing emissions [3] - EQT's President and CEO Toby Z. Rice noted the significance of the Administration's visit to Appalachia, recognizing the region's importance in securing America's energy future [3] - Halliburton's President for the Western Hemisphere, Mark Richard, emphasized the evolution of hydraulic fracturing technology and its role in maximizing production and efficiency [3] - Range Resources' CEO Dennis Degner highlighted the readiness of Pennsylvanians to contribute to U.S. energy needs, advocating for leveraging American energy to enhance national security and innovation [3]