Range Resources(RRC)

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Why Is Range Resources (RRC) Down 3.6% Since Last Earnings Report?
ZACKS· 2024-08-22 16:36
A month has gone by since the last earnings report for Range Resources (RRC) . Shares have lost about 3.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Range Resources due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Range Resources Q2 Earnings Beat on Higher P ...
Range Resources: A Buy Despite Mixed H1-2024 Earnings Report
Seeking Alpha· 2024-07-30 04:55
Jeremy Poland Stock performance VAL Range Resources Corp (RRC) Price 31.78 Seeking Alpha vered by YCHARTS Data by YCharts Total sales for H1-2024 were $1,175 M, down 36% year-over-year (or $647 M). The main reasons behind this decline are the impact of hedging and the droy in average realized prices. In H1-2024, hedging generated revenues of $63M, while in H1-2023 revenues generated from hedging were $491 M. For what concerns prices, the average price for NGLs in HI-2024 was $25.31/barrel (+3.1% y-o-y) whil ...
Range Resources(RRC) - 2024 Q2 - Earnings Call Transcript
2024-07-24 17:53
Range Resources Corporation (NYSE:RRC) Q2 2024 Earnings Conference Call July 24, 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 Roger Read - Wells Fargo Michael Scialla - Stephens Doug Leggate - Wolfe Research Jake Roberts - TPH & Company Scott Hanold - RBC Neil Mehta - Goldman Sachs Arun Jayaram - JPMorgan Paul Diam ...
Range Resources(RRC) - 2024 Q2 - Quarterly Results
2024-07-24 16:28
Exhibit 99.1 NEWS RELEASE Range Announces Second Quarter 2024 Results FORT WORTH, TEXAS, July 23, 2024…RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its second quarter 2024 financial results. Second Quarter 2024 Highlights – Financial Discussion Except for generally accepted accounting principles ("GAAP") reported amounts, specific expense categories exclude non-cash impairments, unrealized mark-to-market adjustment on derivatives, non-cash stock compensation and other items shown separately on th ...
Range Resources (RRC) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-23 22:26
Range Resources (RRC) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 17.95%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $0.56 per share when it actually produced earnings of $0.69, delivering a surprise of 23.21%. Over the last fo ...
Range Resources(RRC) - 2024 Q2 - Quarterly Report
2024-07-23 20:30
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------|-------|-------------|-------|---------------------------------------|-------|-----------------------|-------------------|-------|---------|----------|------------------------------|--------------|-----------------------|-------|-------------| | Natural gas \nPrice (per mcf) | $ | 2023 \n1.74 | $ | June 30, \nPrice Variance \n(0.20 ) | $ | Volume Variance \n— | 2024 \n$ 1. ...
Range Announces Second Quarter 2024 Results
Newsfilter· 2024-07-23 20:12
| --- | --- | --- | --- | --- | |---------------------------------------|-------------------|--------------------------------------------------|------------|-------------------------------| | | Natural Gas (mcf) | 2Q24 Production & Realized Pricing \nNGLs (bbls) | Oil (bbls) | Natural Gas Equivalent (mcfe) | | Net production per day | 1,495,594 | 103,042 | 6,517 | 2,152,946 | | | | | | | | Average NYMEX price | $ 1.88 | $ 23.09 | $ 80.49 | | | Differential, including basis hedging | (0.41 ) | 1.26 | (12.17 ...
Range Announces Second Quarter 2024 Results
GlobeNewswire News Room· 2024-07-23 20:12
RANGE RESOURCES CORPORATION RECONCILIATION OF NET INCOME, EXCLUDING CERTAIN ITEMS AND ADJUSTED EARNINGS PER SHARE, non-GAAP measures (In thousands, except per share data) Three Months Ended Six Months Ended June | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------|----------------------------------------|-------|-------|----------------------------|-------|-----------------------------------|-------|----------- ...
What's in Store for Range Resources (RRC) in Q2 Earnings?
ZACKS· 2024-07-19 14:02
The Zacks Consensus Estimate for second-quarter loss per share of 39 cents has witnessed four downward revisions and no upward movement over the past 30 days. The estimated figure suggests an improvement of 30% from the year-ago quarter's reported number. On the production front, we expect the company, having a strong footprint in the prolific Appalachian Basin, to produce 1.3% year-over-year higher natural gas equivalent volumes. Our proven model does not indicate an earnings beat for RRC this time around. ...
Range Publishes 2023-2024 Corporate Sustainability Report
GlobeNewswire News Room· 2024-07-17 10:00
Emissions Progress FORT WORTH, Texas, July 17, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today published its 2023-2024 Corporate Sustainability Report. The latest report provides updates on key topics showcasing the Company's responsible business practices and its resiliency in the coming decades. Range has made significant strides in meeting its emissions targets, including progress towards its goal of netzero scope 1 and 2 GHG emissions by 2025. Range employees have implemented proc ...