All statements, except for statements of historical fact, made within regarding activities, events or developments the Company expects, believes or anticipates will or may occur in the future, such as those regarding future well costs, expected asset sales, well productivity, future liquidity and financial resilience, anticipated exports and related financial impact, NGL market supply and demand, future commodity fundamentals and pricing, future capital efficiencies, future shareholder value, emerging plays ...

Financial Performance - In Q2 2023, the company reported net income of $30.2 million, or $0.12 per diluted share, a significant decrease from $452.9 million, or $1.77 per diluted share in Q2 2022[98]. - For the first six months of 2023, net income was $511.7 million, or $2.07 per diluted share, compared to a net loss of $4.0 million, or $0.02 per diluted share in the same period of 2022[102]. - Cash flow from operating activities in Q2 2023 was $126.6 million, a decrease of $198.1 million from Q2 2022[101]. - Cash flows from operating activities for the first six months of 2023 were $601.5 million, down from $731.1 million in the same period of 2022, reflecting lower realized prices and a positive change in working capital of $27.4 million compared to a negative $256.8 million in 2022[133]. Revenue and Sales - Revenue from the sale of natural gas, NGLs, and oil decreased by 65% year-over-year in Q2 2023, with a 66% decrease in average realized prices[100]. - In Q2 2023, natural gas, NGLs, and oil sales decreased by 65% to $468.4 million compared to $1.36 billion in Q2 2022, with a 66% decrease in average realized prices[107]. - For the first six months of 2023, total sales decreased by 50% to $1.20 billion from $2.39 billion in the same period of 2022, with a 51% decrease in average realized prices[107]. - NGLs sales decreased to $200.7 million in Q2 2023, down from $374.7 million in Q2 2022, reflecting a variance of $197.3 million[109]. - Crude oil sales fell to $42.3 million in Q2 2023, a decrease of $24.3 million compared to $72.4 million in Q2 2022[109]. Production Metrics - Daily production averaged 2.1 Bcfe in both Q2 2023 and Q2 2022, indicating stable production levels despite price fluctuations[99]. - Average daily production of natural gas was 1.42 billion cubic feet (mcf) in Q2 2023, a 2% decrease from 1.45 billion mcf in Q2 2022[107]. - NGLs production increased by 6% to 9.33 million barrels in Q2 2023 compared to 8.78 million barrels in Q2 2022[107]. - Crude oil production decreased by 8% to 658,249 barrels in Q2 2023 from 716,168 barrels in Q2 2022[107]. - The company reported a total production of 189.35 million cubic feet equivalent (mcfe) in Q2 2023, a slight increase of 0.3% from 188.73 million mcfe in Q2 2022[107]. Price Realizations - Average realized price for natural gas was $1.74 per mcf in Q2 2023, down 75% from $6.91 per mcf in Q2 2022[108]. - The average realized price for NGLs was $21.51 per barrel in Q2 2023, down 50% from $42.65 per barrel in Q2 2022[108]. - The average realized price for crude oil was $64.27 per barrel in Q2 2023, a decrease of 36% from $101.15 per barrel in Q2 2022[108]. - Average realized prices for natural gas decreased to $2.47 per mcfe in Q2 2023, down from $7.19 per mcfe in Q2 2022, reflecting a variance of $4.72[109]. Expenses and Costs - Transportation, gathering, processing, and compression expenses were $268.2 million in Q2 2023, a decrease of 18% from $327.9 million in Q2 2022[110]. - Direct operating expense increased to $23.9 million in Q2 2023 from $20.1 million in Q2 2022, reflecting an increase of 18%[114]. - General and administrative (G&A) expense was $39.5 million in Q2 2023, down from $42.9 million in Q2 2022, a decrease of 8%[116]. - Interest expense decreased to $31.1 million in Q2 2023 from $42.0 million in Q2 2022, a reduction of 26%[117]. - Total transportation, gathering, processing, and compression expenses for the first six months of 2023 were $553.7 million, a decrease of 12% from $625.7 million in the same period of 2022[110]. Debt and Liquidity - As of June 30, 2023, the company had $162.1 million in cash and $1.2 billion available under its credit facility, enhancing liquidity[104]. - The company had approximately $1.8 billion of debt outstanding at fixed rates averaging 6.0% as of June 30, 2023[149]. - Average debt outstanding decreased by 28% to $1.83 billion in Q2 2023 from $2.56 billion in Q2 2022[118]. - Total sources of cash and cash equivalents decreased to $870.0 million in the first half of 2023 from $1,943.8 million in the same period of 2022[132]. Derivative Instruments and Risk Management - The company is exposed to market risks related to the volatility of natural gas, NGLs, and oil prices, employing commodity derivative instruments for price protection[154]. - As of June 30, 2023, the fair value of the company's derivative contracts approximated a net unrealized pretax gain of $216.8 million[155]. - The company has hedged 381,658 Mmbtu/day of natural gas through swaps at a weighted average hedge price of $3.52 for 2023[155]. - The company has entered into various derivative contracts, including swaps, collars, and three-way collars, to manage commodity price risks effectively[155]. Capital Expenditures and Investments - Additions to natural gas properties for the first six months of 2023 were $277.1 million, consistent with the company's 2023 capital budget[134]. - The company repurchased 400,000 shares for a total of $9.7 million as part of its stock repurchase program during the first half of 2023[135]. Emissions and Sustainability - The company aims to reduce emissions and target net-zero Scope 1 and Scope 2 greenhouse gas emissions by year-end 2025[93].

Range Resources Corporation (NYSE:RRC) Q1 2023 Results Conference Call April 25, 2023 9:00 AM ET Company Participants Laith Sando - VP, IR Jeff Ventura - CEO Dennis Degner - COO Mark Scucchi - CFO Alan Engberg - VP, Liquids Marketing Conference Call Participants Michael Scialla - Stephens Doug Leggate - Bank of America Bertrand Donnes - Truist Jacob Roberts - TPH & Company Subhasish Chandra - Benchmark Company Paul Diamond - Citi Scott Hanold - RBC Capital Markets Umang Choudhary - Goldman Sachs Operator We ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-12209 RANGE RESOURCES CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 34-1312571 (State or Other Ju ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to_____ Commission File Number: 001-12209 RANGE RESOURCES CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 34-1312571 (State or Other Ju ...

Range Resources Corporation (NYSE:RRC) Q3 2022 Results Conference Call October 25, 2022 9:00 AM ET Company Participants Laith Sando - Head of IR Jeff Ventura - Chief Executive Officer Dennis Degner - Chief Operating Officer Mark Scucchi - Chief Financial Officer Alan Farquharson - Senior Vice President of Reservoir Engineering and Economics Conference Call Participants Scott Hanold - RBC Capital Markets Doug Leggate - Bank of America Jake Roberts - Tudor, Pickering, Holt Noel Parks - Tuohy Brothers Investme ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-12209 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchan ...

Range Resources Corp (NYSE:RRC) Q2 2022 Earnings Conference Call July 26, 2022 9:00 AM ET Company Participants Laith Sando - VP, IR Jeffrey Ventura - President, CEO & Director Dennis Degner - SVP & COO Alan Engberg - VP, Liquids Marketing Mark Scucchi - SVP & CFO Conference Call Participants Scott Hanold - RBC Capital Markets Michael Scialla - Stifel, Nicolaus & Company Doug Leggate - Bank of America Merrill Lynch Neal Dingmann - Truist Securities Neil Mehta - Goldman Sachs Group Operator Welcome to the Ran ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-12209 RANGE RESOURCES CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 34-1312571 (State or Other Jur ...

R RANGE RESOURCES® Company Presentation April 26, 2022 Forward Looking Statements All statements, except for statements of historical fact, made in this presentation regarding activities, events or developments the Company expects, believes or anticipates will or may occur in the future are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on assumptions and es ...