Range Resources(RRC)
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Range Resources(RRC) - 2024 Q3 - Earnings Call Transcript
2024-10-23 16:07
Range Resources Corporation (NYSE:RRC) Q3 2024 Results Conference Call October 23, 2024 9:00 AM ET Company Participants Laith Sando - Vice President, Investor Relations Dennis Degner - Chief Executive Officer Mark Scucchi - Chief Financial Officer Alan Engberg - Vice President Liquid Marketing Conference Call Participants Scott Hanold - RBC Neil Mehta - Goldman Sachs & Company Doug Leggate - Wolfe Research Jacob Roberts - TPH & Company Kevin McCurdy - Pickering Energy Partners Roger Read - Wells Fargo Secur ...
RRC Beats on Q3 Earnings & Revenues, Ups '24 Production View
ZACKS· 2024-10-23 14:41
Range Resources Corporation (RRC) reported third-quarter 2024 adjusted earnings of 48 cents per share, which beat the Zacks Consensus Estimate of 35 cents. The bottom line also improved from the prior-year level of 46 cents. Total quarterly revenues of $680 million beat the Zacks Consensus Estimate of $627 million. The top line also increased from the prior-year figure of $649 million.The strong quarterly results can be primarily attributed to higher gas equivalent production volumes.Operational Performance ...
Range Resources (RRC) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-10-22 22:35
Range Resources (RRC) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 37.14%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $0.39 per share when it actually produced earnings of $0.46, delivering a surprise of 17.95%.Over the last four ...
Range Resources(RRC) - 2024 Q3 - Quarterly Report
2024-10-22 20:45
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, 2024 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 Othe ...
Range Announces Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-22 20:16
FORT WORTH, Texas, Oct. 22, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its third quarter 2024 financial results. Third Quarter 2024 Highlights – Cash flow from operating activities of $246 millionCash flow from operations, before working capital changes, of $250 millionCapital spending of $156 million, approximately 24% of the 2024 budgetPre-hedge NGL realizations of $25.96 per barrel – premium of $4.10 over Mont Belvieu equivalentNatural gas differentials, including b ...
Analysts Estimate Range Resources (RRC) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-15 15:06
The market expects Range Resources (RRC) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 22, 2024, might help the stock move higher if these key numbe ...
Range Announces Conference Call to Discuss Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-10-02 20:15
FORT WORTH, Texas, Oct. 02, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its third quarter 2024 financial results news release will be issued Tuesday, October 22 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Wednesday, October 23 at 9:00 a.m. ET (8:00 a.m. CT). A webcast of the call may be accessed at www.rangeresources.com. The webcast will be archived for replay on the Company's website ...
Natural Gas Price Rise on the Horizon: RRC, EQT, AR Stocks to Gain
ZACKS· 2024-09-17 19:46
Natural gas prices are anticipated to remain relatively stable in the ongoing shoulder season (September through October) due to a balance between supply and demand, with neither heating nor cooling demands causing notable fluctuations in consumption. Analysts predict that natural gas prices will begin to increase post-October, creating opportunities for exploration and production companies such as Range Resources Corporation (RRC) , EQT Corporation (EQT) and Antero Resources (AR) to benefit. US Natural Gas ...
Here's Why You Should Hold on to Range Resources Stock Now
ZACKS· 2024-09-12 14:41
Range Resources Corporation (RRC) is a leading natural gas exploration and production company. For 2025, the company is likely to see earnings growth of 40%. What's Favoring RRC Stock? In its latest short-term energy outlook, the U.S. Energy Information Administration revealed that it expects Henry Hub spot natural gas to be higher at $3.10 per million British thermal units (MMBtu) in 2025 compared with less than $2.00 per MMBtu in August. This can benefit the leading natural gas producer, Range Resources, ...
2 Stocks to Navigate Natural Gas' Choppy Landscape: RRC, AR
ZACKS· 2024-09-09 14:35
The U.S. Energy Department's latest inventory report revealed a smaller-than-expected build in natural gas supplies, giving futures a modest lift. Prices edged up slightly week over week, but the commodity still hovers around the low $2 mark. Despite this recent bump, natural gas faces persistent headwinds, with the market highly sensitive to erratic weather patterns that sway prices and disrupt stability. For now, investors should keep their eyes on resilient stocks like Range Resources (RRC) and Antero Re ...