Range Resources Corporation (NYSE:RRC) Q1 2022 Earnings Conference Call February 23, 2022 9:00 AM ET Company Participants Laith Sando – Vice President-Investor Relations Jeff Ventura – Chief Executive Officer Dennis Degner – Chief Operating Officer Mark Scucchi – Chief Financial Officer Alan Engberg – Vice President-Liquids Marketing Conference Call Participants Josh Silverstein – Wolfe Research Michael Scialla – Stifel John Abbot – Bank of America David Deckelbaum – Cowen Arun Jayaram – J.P. Morgan Noel Pa ...

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, 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) Q4 2021 Earnings Conference Call February 23, 2022 9:00 AM ET Company Participants Laith Sando - Vice President of Investor Relations Jeffrey Ventura - Chief Executive Officer and President Dennis Degner - Senior Vice President and Chief Operating Officer Mark Scucchi - Senior Vice President and Chief Financial Officer Conference Call Participants Scott Hanold - RBC Capital Markets Michael Scialla - Stifel Subhasish Chandra - The Benchmark Company Joshua Silverstein - ...

Reserves and Production - Estimated proved reserves increased by 3% to 17.8 Tcfe as of December 31, 2021, from 17.2 Tcfe at December 31, 2020[18] - Total production for 2021 was 541.0 Bcf of natural gas, 36.4 Mmbbls of NGLs, and 3.0 Mmbbls of crude oil and condensate, with an average daily production of 2.13 Bcfe per day, a decrease of 5% from 2020[20] - Average production in 2021 was 2.13 Bcfe per day, a 5% decrease from 2020, primarily due to the sale of North Louisiana properties[37] - Proved undeveloped reserves (PUDs) as of December 31, 2021, totaled 28.8 Mmbbls of crude oil, 423.8 Mmbbls of NGLs, and 4.6 Tcf of natural gas, equating to 7.4 Tcfe[47] - Proved reserves as of December 31, 2021, were 17.8 Tcfe, reflecting a 3% increase of 572.4 Bcfe from 2020, driven by drilling additions of 1.6 Tcfe and positive performance revisions of 1.0 Tcfe[54] Financial Performance - Average realized price (excluding derivative settlements) increased by 110% from 2020, while the average realized price (including derivative settlements) increased by 86% from 2020[24] - Total debt decreased by $165.3 million, and cash on hand increased by $214.0 million[24] - The pretax present value of future net cash flows was $14.9 billion, discounted at 10% per annum, with a standardized after-tax measure of discounted future net cash flows of $12.5 billion[19] - Future net cash flows from proved reserves for 2021 were estimated at $39,919 million, a significant increase from $9,795 million in 2020[48] - The company divested over $1.0 billion in assets over the last three years to enhance capital resources and improve financial flexibility[55] Operational Efficiency - The company achieved a 100% drilling success rate in 2021, drilling 59 productive wells, including 58 development wells and 1 exploratory well[61] - The company maintained a high-quality multi-year drilling inventory with over 3,400 proven and unproven drilling locations[29] - The capital budget for 2022 is projected to be between $460.0 million and $480.0 million, with $425.0 million to $445.0 million allocated for drilling costs[37] - Direct operating expenses were reduced by $16.9 million, an 18% decrease from 2020, reflecting the divestiture of higher operating cost properties[24] - Production costs for lease operating were $0.10 per mcfe in 2021, consistent with 2020[53] Environmental Commitment - The company is committed to achieving net zero greenhouse gas emissions by year-end 2025, including both Scope 1 and Scope 2 emissions[24] - The company believes it is in substantial compliance with environmental laws, with no material adverse effects from compliance in 2021, and anticipates similar outcomes in 2022[120] - The EPA has proposed regulations under the Clean Air Act to set methane emission standards for new and modified oil and natural gas facilities, which could significantly impact operational costs[114] - The Pennsylvania Department of Environmental Protection has adopted heightened permitting conditions for natural gas facilities to regulate greenhouse gas emissions, potentially increasing capital expenditures[115] Safety and Workforce - The company achieved a 40% reduction in employee recordable incident rates compared to 2020, emphasizing its commitment to safety[24] - The company emphasizes a strong safety culture, achieving only eight OSHA recordable incidents over 4.1 million work hours from 2019 to 2021, resulting in an average Total Recordable Incident Rate of 0.4[71] - As of January 1, 2022, the company had 527 full-time employees with a voluntary turnover rate averaging less than 5.5% over the five-year period ending December 31, 2021[70] - The compensation program includes equity awards for all full-time employees, aimed at fostering a sense of ownership and engagement in the company's success[70] Regulatory Environment - The company is subject to extensive federal, state, and local regulations that can influence production viability and profitability[89] - The company has a commitment to compliance with applicable laws and regulations, which is essential for maintaining its financial position and operational results[89] - The company is subject to OSHA regulations, ensuring compliance with health and safety standards for employees[121] - The company regularly incurs costs to comply with environmental laws, which are expected to continue in the future[120]

Financial Performance and Outlook - Range Resources expects to maintain production at 2.12 to 2.13 Bcfe per day in 2021[13] - The company forecasts NGL realizations to exceed $40 per barrel, or over $6.50 per mcfe, in 4Q 2021[13] - Range Resources anticipates a leverage ratio of approximately 2.0x at year-end 2021, declining below 1x by year-end 2022 based on strip pricing[13] - Cumulative free cash flow from 2021-2023 is projected to exceed $2 billion at current strip prices[54] Cost Efficiency and Debt Reduction - Range Resources' 2018-2020 D&C Capex was approximately $280 per Mcfepd, compared to a peer average of approximately $385 per Mcfepd[11] - The company's 2020 cash unit costs improved by $0.33, or approximately 15%, since the end of 2018, reaching $1.85/mcfe[11] - Approximately $750 million in senior notes due by the end of 2023 could be retired via expected free cash flow at strip pricing[12] - Direct Operating Expense (LOE) declined $0.06 per mcfe, or approximately 35%, from 2018 to 2020[30] Environmental and Sustainability - Range Resources is targeting net zero direct GHG emissions by 2025[9, 14] - The company recycled 148% of produced water in 2020 through its water recycling and sharing program[12] - Range Resources has achieved over 80% reduction in GHG emissions intensity since 2011[84]

Range Resources Corporation (NYSE:RRC) Q3 2021 Earnings Conference Call October 27, 2021 9:00 AM ET Company Participants Laith Sando – Vice President of Investor Relations Jeff Ventura – Chief Executive Officer and President Dennis Degner – Senior Vice President and Chief Operating Officer Mark Scucchi – Senior Vice President and Chief Financial Officer Alan Engberg – Vice President of Liquids Marketing Conference Call Participants Josh Silverstein – Wolfe Research Doug Leggate – Bank of America Michael O' ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q For the transition period from to Commission File Number: 001-12209 (Mark one) RANGE RESOURCES CORPORATION ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact Name of Registrant as Specified in Its Charter) For the quarterly period ended September 30, 2021 Delaware 34-1312571 (State or Other Jurisdiction of Incorporation or Organization) OR 100 Throckmorton Street, Suite 1200 ☐ TRAN ...

R RANGE RESOURCES® Company Presentation July 26, 2021 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 est ...

Range Resources Corporation (NYSE:RRC) Q2 2021 Earnings Conference Call July 27, 2021 9:00 AM ET Company Participants Laith Sando - Vice President of Investor Relations Jeff Ventura - Chief Executive Officer and President Dennis Degner - Senior Vice President and Chief Operating Officer Mark Scucchi - Senior Vice President and Chief Financial Officer Alan Engberg - Vice President of Liquids Marketing Conference Call Participants Josh Silverstein - Wolfe Research Scott Hanold - RBC Capital Markets Noel Parks ...

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, 2021 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 ...