Welcome to our dedicated page for Range Resources news (Ticker: RRC), a resource for investors and traders seeking the latest updates and insights on Range Resources stock.
Range Resources Corporation (NYSE: RRC) is a leading independent energy producer focused on innovative stacked-pay projects in the Appalachia Basin and northern Louisiana. This page provides investors and industry professionals with a centralized source for official company announcements, operational updates, and strategic developments.
Access timely updates on RRC’s exploration activities, production milestones, and financial performance. Our curated news collection ensures you stay informed about key initiatives, including advancements in extraction technologies, capital allocation strategies, and market positioning efforts.
Content spans quarterly earnings reports, regulatory filings, partnership announcements, and operational efficiency achievements. Explore updates on RRC’s core focus areas: optimizing multi-zone hydrocarbon recovery, maintaining cost discipline, and advancing sustainable extraction practices.
Bookmark this page for direct access to verified RRC news. Check regularly for insights into how the company navigates evolving energy markets while prioritizing operational excellence in its core regions.
On April 24, 2023, Range Resources Corporation (NYSE: RRC) reported strong first-quarter financial results, highlighting robust operational performance. Key figures include cash flow from operating activities of $475 million and a net income of $481 million ($1.95 per diluted share). The company executed share repurchases totaling 400,000 shares at an average price of $24.16. Production averaged 2.14 Bcfe per day, approximately 70% of which was natural gas. Price realizations for natural gas reached $4.00 per mcfe, showing a $0.54 premium over NYMEX. For 2023, Range anticipates maintaining production levels while managing capital expenditures projected between $570 million and $615 million. The company is focused on maximizing efficiency and delivering long-term shareholder value.
Range Resources Corporation (NYSE: RRC) will release its first quarter 2023 financial results on April 24 after market close. The results will be discussed in a conference call scheduled for April 25 at 9:00 a.m. ET. Investors can access the call via a webcast on the company's website, which will remain available for replay until May 25, 2023. Range Resources is a premier independent producer of natural gas and NGL, with operations in the Appalachian Basin. Their financial performance will be closely monitored as it reflects the company's position in the energy sector.
Range Resources Corporation (NYSE: RRC) announced the retirement of CEO Jeff Ventura, effective June 2, 2023, after nearly 20 years with the company. Dennis Degner, currently the Executive VP and COO, will take over as President and CEO at the annual shareholder meeting on May 10, 2023. Degner, who has over 25 years in shale gas development, has played a key role in the company’s success in the Marcellus Shale. The Board has also promoted Mark S. Scucchi to Executive VP and CFO, recognizing his contributions to the company’s financial management. This leadership transition aims to sustain Range's strong performance and shareholder value.
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