Range Resources(RRC)
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Range Announces Conference Call to Discuss Second Quarter 2025 Financial Results
Globenewswire· 2025-07-03 11:00
Core Viewpoint - Range Resources Corporation will release its second quarter 2025 financial results on July 22, 2025, after the market closes [1] Group 1 - A conference call to discuss the financial results is scheduled for July 23, 2025, at 9:00 a.m. ET [2] - The conference call will be available via webcast, which will be archived for replay until August 23, 2025 [2] - Range Resources Corporation is a leading independent natural gas and NGL producer, primarily operating in the Appalachian Basin [3]
Range Resources Publishes 2024-2025 Corporate Sustainability Report
Globenewswire· 2025-06-26 11:00
Core Insights - Range Resources Corporation published its 2024-2025 Corporate Sustainability Report, emphasizing its commitment to sustainable energy development [1] - The CEO highlighted the integration of operational excellence and environmental responsibility as key to delivering sustainable performance and long-term value [2] Corporate Sustainability Report Highlights - Achieved Net Zero Scope 1 and 2 GHG emissions for 2024, ahead of the 2025 goal, through direct emissions reductions and verified carbon offsets [3] - GHG emissions intensity reduced by 43% and methane emissions intensity reduced by 83% since 2019, surpassing initial targets [3] - Total number of reportable spills ≥ 1 bbl decreased by 33% compared to 2023 [7] - Approximately 100% of flowback and produced water from operations was recycled [7] Environmental Stewardship and Safety - Received an "A" grade MiQ certification for all production [7] - DART Rate of 0.17 and TRIR of 0.33, indicating strong safety performance [7] - Employees completed over 3,000 hours of safety training, with an average tenure of ~10 years [7] Community Impact and Governance - Paid over $5 billion in impact fees, royalties, lease payments, and charitable contributions benefiting Pennsylvania communities [7] - Invested $1.2 million into communities, including $213,500 to first responders [7] - Employees volunteered a record 3,100+ hours for community organizations [7] Reporting Standards and Frameworks - The Sustainability Report aligns with best practice sustainability reporting standards, including GRI, SASB, IPIECA, TCFD, and AXPC ESG Metrics Framework [8]
I'm Not Kidding - These 2 Beaten Stocks Could Double
Seeking Alpha· 2025-06-16 11:30
Group 1 - The article emphasizes the universal desire among individuals to grow their net worth and create new income streams, regardless of personal characteristics [1] - iREIT on Alpha offers in-depth research on various investment vehicles including REITs, mREITs, Preferreds, BDCs, MLPs, and ETFs, highlighting its value proposition through 438 testimonials, most of which are 5 stars [1] Group 2 - There is a disclosure regarding a beneficial long position in the shares of ODFL, indicating a vested interest in the stock [2] - The article expresses personal opinions of the author and clarifies that no compensation is received for the article, aside from Seeking Alpha [2] Group 3 - Seeking Alpha provides a disclaimer that past performance does not guarantee future results and that no specific investment advice is being given [3] - The platform clarifies that its analysts are third-party authors, which may include both professional and individual investors who might not be licensed or certified [3]
Range Resources: A Low-Cost LNG Lever On The Tightening U.S. Gas Market
Seeking Alpha· 2025-06-08 05:12
Company Overview - Range Resources (NYSE: RRC) is a leading natural gas producer with core operations in the Marcellus Shale in Appalachia [1] - The company has a key advantage in its ultra-low-cost production capabilities, enabling it to generate free cash flow even in challenging market conditions [1] Investment Potential - The company is positioned as a high-quality investment opportunity due to its strong production capabilities and cost efficiency [1]
Here's Why You Should Hold On to Range Resources Stock Right Now
ZACKS· 2025-06-06 15:56
Core Insights - Range Resources Corporation (RRC) is projected to experience a year-over-year earnings growth of 40.4% in 2025 [1] Group 1: Market Conditions - The U.S. Energy Information Administration forecasts the 2025 Henry Hub spot natural gas price at $4.12 per million British thermal units (MMBtu), a significant increase from last year's $2.19 per MMBtu, driven by rising demand due to increased liquefied natural gas exports [2] - This price increase is expected to benefit Range Resources as a leading natural gas explorer and producer [2] Group 2: Company Strengths - RRC has a Zacks Rank of 3 (Hold) and possesses decades of low-risk drilling inventory in Appalachia, enhancing its production outlook [3] - The company maintains lower well costs per lateral foot compared to many other upstream players [3] - Range Resources has consistently reduced its net debt load over the past several years, indicating a focus on strengthening its balance sheet [4] - The company has the lowest emission intensity among upstream companies in the United States, showcasing its commitment to environmental standards [4] Group 3: Strategic Approach - Range Resources adopts a disciplined approach to mergers and acquisitions, emphasizing that any potential acquisition must match or exceed the quality and capital efficiency of its current asset base [5] - This cautious strategy may limit the company's growth opportunities through mergers or acquisitions [5] Group 4: Industry Exposure - RRC's operations are significantly exposed to extreme volatility in oil and natural gas prices, similar to other major exploration and production firms like ConocoPhillips, Diamondback Energy, and Matador Resources [6]
Range Resources (RRC) Up 15.5% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-05-22 16:36
A month has gone by since the last earnings report for Range Resources (RRC) . Shares have added about 15.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Range Resources due for a pullback? 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.How Have Estimates Been Moving Since Then?It t ...
Range Resources(RRC) - 2025 FY - Earnings Call Transcript
2025-05-14 14:00
Financial Data and Key Metrics Changes - The meeting confirmed that there were 240,140,426 shares of common stock outstanding as of the record date [5] - A total of 226,624,793 shares of common stock were represented at the meeting, which is 94.37% of the company's common stock [7] Business Line Data and Key Metrics Changes - The advisory voting on executive compensation was approved with 98.89% of the votes cast [9] - Ernst and Young was ratified as the company's registered public accounting firm for 2025 with 98.5% approval [9] Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting Company Strategy and Development Direction and Industry Competition - The meeting did not provide detailed insights into the company's strategy or competitive landscape Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments regarding the operating environment or future outlook during the meeting Other Important Information - Jim Funk retired from the board after 17 years of service, and the board expressed gratitude for his contributions [4] Q&A Session All Questions and Answers Question: Were there any questions from the attendees? - There were no questions in the queue during the Q&A session [11]
Range Resources: Mr. Market Can Be Picky At Times
Seeking Alpha· 2025-04-27 14:20
Group 1 - The article focuses on analyzing oil and gas companies, specifically Range Resources, to identify undervalued opportunities in the sector [1] - It highlights the need for Range Resources to manage its debt levels effectively, especially after the decision to initiate a dividend despite high debt [2] - The cyclical nature of the oil and gas industry is emphasized, indicating that it requires patience and experience to navigate successfully [2] Group 2 - The analysis includes a breakdown of key financial metrics such as balance sheets, competitive positioning, and development prospects of the companies in the oil and gas sector [1]
Range Resources: Longer-Term Outlook Remains Positive Despite Slump In Natural Gas Prices
Seeking Alpha· 2025-04-26 11:55
We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Range Resources (NYSE: RRC ) delivered Q1 2025 results that met expectations in terms of both production and costs. It also continues to expect to average 2.2 Bcfe per day in 2025 production and reaffirmed its cost g ...
Range Resources Q1 Earnings Beat on Higher Price Realizations
ZACKS· 2025-04-23 17:55
Financial Performance - Range Resources Corporation (RRC) reported first-quarter 2025 adjusted earnings of 96 cents per share, exceeding the Zacks Consensus Estimate of 90 cents and improving from 69 cents in the prior year [1] - Total quarterly revenues reached $854 million, surpassing the Zacks Consensus Estimate of $811 million and increasing from $721 million year-over-year [1] Operational Performance - Production averaged 2,200.3 million cubic feet equivalent per day (Mcfe/d), up from 2,141.5 Mcfe/d in the same quarter last year and exceeding the projection of 2,169.3 Mcfe/d [2] - Natural gas contributed approximately 69% to total production, with natural gas production increasing by 4% year-over-year, while oil production decreased by 30% and NGL output increased by 3% [2] Price Realization - Total price realization averaged $4 per Mcfe, a 37% increase year-over-year, although lower than the estimate of $4.08 per Mcfe [3] - Natural gas price rose by 76% year-over-year to $3.61 per Mcf, while NGL price increased by 6% and oil price fell by 5% [3] Costs & Expenses - Total costs and expenses increased by 9% year-over-year to $580.8 million, exceeding the expectation of $562.9 million [4] - Transportation, gathering, processing, and compression costs rose to $306.1 million from $290.9 million in the prior-year quarter [4] Capital Expenditure & Balance Sheet - Drilling and completion expenditure was $130 million, with an additional $16 million spent on acreage and $1 million on infrastructure and other investments [5] - At the end of the first quarter, total debt stood at $1,696.5 million, net of deferred financing costs [5] Outlook - Range Resources expects total production for 2025 to be 2.2 billion cubic feet equivalent per day, with over 30% attributed to liquids production [6] - The company has projected a capital budget of $650-$690 million for the year [6]