Core Insights - Range Resources Corporation reported strong financial results for the first quarter of 2025, highlighting efficient operations, consistent well performance, and robust free cash flow [3][5][7]. Financial Performance - GAAP revenues for Q1 2025 totaled $691 million, with net cash provided from operating activities at $330 million and net income of $97 million ($0.40 per diluted share) [5][9]. - Cash flow from operations before changes in working capital was $397 million, and adjusted net income was $232 million ($0.96 per diluted share) [6][7]. - The company repurchased $68 million of shares and paid $22 million in dividends, while reducing net debt by $42 million [7][9]. Production and Pricing - Average production for Q1 2025 was 2.20 Bcfe per day, with approximately 69% being natural gas [7][8]. - Realized price, including hedges, was $4.02 per mcfe, with natural gas differential of ($0.15) per mcf to NYMEX [7][8][12]. - Natural gas sales increased to $490 million from $271 million year-over-year, while NGL sales rose to $276 million from $256 million [50]. Cost Structure - Total cash unit costs increased by 3% to $2.01 per mcfe compared to Q1 2024 [6][8]. - Direct operating costs per mcfe rose by 18% to $0.13, while transportation, gathering, processing, and compression costs increased by 4% to $1.55 [6][8]. Capital Expenditures and Guidance - Capital spending for Q1 2025 was $147 million, representing approximately 22% of the annual budget [7][11]. - The company expects its 2025 all-in capital budget to be between $650 million and $690 million, with annual production projected at approximately 2.2 Bcfe per day [16][18]. Strategic Initiatives - Range is collaborating with Liberty Energy Inc. and Imperial Land Corporation to supply natural gas to a proposed power generation facility in Pennsylvania, aimed at attracting data centers and industrial operations [15][16]. - The company plans to exit 2025 with approximately 400,000 lateral feet of surplus inventory to support future development [13].

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Range Resources, driven by higher revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - Range Resources is expected to report quarterly earnings of $0.90 per share, reflecting a year-over-year increase of +30.4% [3]. - Revenues are projected to reach $804.12 million, marking a 12% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 6.3% higher in the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP reading suggests a potential earnings beat, particularly when combined with a strong Zacks Rank [8]. Earnings Surprise Prediction - The Most Accurate Estimate for Range Resources is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.09%, indicating a bearish outlook from analysts [10][11]. - Despite the negative Earnings ESP, the stock holds a Zacks Rank of 2, complicating predictions for an earnings beat [11]. Historical Performance - In the last reported quarter, Range Resources exceeded expectations by delivering earnings of $0.68 per share against an estimate of $0.55, resulting in a surprise of +23.64% [12]. - The company has beaten consensus EPS estimates in all of the last four quarters [13]. Conclusion - While Range Resources may not be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [16].

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]

Company Overview - Range Resources (RRC) shares have increased by approximately 3.4% over the past month, outperforming the S&P 500 [1] - The most recent earnings report is crucial for understanding the catalysts affecting the stock [1] Earnings Estimates - Estimates for Range Resources have trended downward in the past month [2] - The stock has a Zacks Rank of 3 (Hold), indicating expectations for an in-line return in the coming months [4] VGM Scores - Range Resources has a subpar Growth Score of D, a Momentum Score of A, and a Value Score of D, placing it in the bottom 40% for the value investment strategy [3] Industry Performance - Range Resources is part of the Zacks Oil and Gas - Exploration and Production - United States industry [5] - Cheniere Energy (LNG), another player in the same industry, has seen a 6.2% increase in its stock price over the past month [5] - Cheniere Energy reported revenues of $4.44 billion for the last quarter, reflecting an 8% year-over-year decline, with an EPS of $4.33 compared to $5.76 a year ago [6]

Group 1 - The article emphasizes the importance of providing alpha-generating investment ideas and encourages readers to evaluate the author's performance based on past results [1] - The investment strategy is generalist, focusing on sectors with perceived alpha potential compared to the S&P 500, with typical holding periods ranging from a few quarters to multiple years [1] - The article suggests reviewing the ratings history of published articles as an indicator of the author's investment skill and the effectiveness of recommendations [1] Group 2 - The author has disclosed a beneficial long position in shares of RRC and VOO, indicating a personal investment interest in these stocks [2] - The article expresses the author's personal opinions and clarifies that no compensation is received from companies mentioned, ensuring independence in analysis [2] - Seeking Alpha's disclosure notes that past performance does not guarantee future results and that the views expressed may not reflect the platform's overall stance [3]

Core Viewpoint - Investors in the Oil and Gas - Exploration and Production sector should consider Permian Resources (PR) and Range Resources (RRC) for potential value investment opportunities [1] Valuation Metrics - Permian Resources has a forward P/E ratio of 8.04, while Range Resources has a forward P/E of 12.14 [5] - The PEG ratio for PR is 3.62, compared to RRC's PEG ratio of 4.67, indicating PR may have better growth prospects relative to its valuation [5] - PR's P/B ratio is 1.04, significantly lower than RRC's P/B of 2.39, suggesting PR is more undervalued based on book value [6] Earnings Outlook - Permian Resources is currently experiencing an improving earnings outlook, which enhances its attractiveness in the Zacks Rank model [7] - The Zacks Rank for PR is 2 (Buy), while RRC holds a Zacks Rank of 3 (Hold), indicating a stronger positive earnings estimate revision trend for PR [3]

Core Insights - Range Resources (NYSE: RRC) reported 2024 results that met expectations and provided formal guidance for 2025, indicating stability in performance [2] - The 2025 guidance aligns closely with prior modeling, although it anticipates slightly lower prices for Natural Gas Liquids (NGLs) [2] Company Overview - Range Resources is focused on the energy sector, particularly in the context of value opportunities and distressed plays [2] - The company has a significant analytical backing, with insights from experienced analysts like Aaron Chow, who has over 15 years of experience [2] Analyst Background - Aaron Chow, known as Elephant Analytics, co-founded a mobile gaming company that was acquired by PENN Entertainment and has a strong analytical background [2] - The Distressed Value Investing group, led by Chow, emphasizes both value opportunities and distressed investments within the energy sector [2]

Core Viewpoint - Range Resources Corporation announced a quarterly cash dividend increase of 12.5%, reflecting the company's strong financial performance and commitment to returning value to shareholders [1]. Group 1: Dividend Announcement - The Board of Directors declared a quarterly cash dividend of $0.09 per common share [1]. - The dividend is payable on March 28, 2025, to stockholders of record as of March 14, 2025 [1]. - This increase results in an annualized dividend of $0.36 per share [1]. 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 [2]. - The company is headquartered in Fort Worth, Texas [2].