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 U.S. independent natural gas and natural gas liquids (NGL) producer with operations focused in the Appalachian Basin and headquarters in Fort Worth, Texas. The RRC news feed on Stock Titan aggregates company-issued updates and market-moving announcements so readers can review how Range communicates its operational and financial performance.
News items for Range commonly include quarterly financial results, where the company reports production volumes, realized prices for natural gas, NGLs and oil, unit costs, and non-GAAP measures such as cash flow from operations before changes in working capital and adjusted net income comparable to analysts’ estimates. These releases also provide details on capital spending, drilling and completion activity, and updated guidance for capital budgets, production and expense ranges.
Investors following RRC can also expect dividend announcements, as the board of directors has declared recurring quarterly cash dividends on the company’s common stock, as well as updates on share repurchase activity and debt management, including changes in senior notes and revolving credit facilities. Additional news may cover conference call schedules, webcasts for quarterly results, and collaborative initiatives related to natural gas supply and potential power or industrial developments in Pennsylvania.
By reviewing this curated news stream, readers can see how Range describes its hedging program, price differentials to benchmarks, and operational activity across its Appalachian Basin asset base. Bookmark this page to access a chronological view of RRC press releases and related announcements as they are referenced in public disclosures.
Range Resources Corporation (NYSE: RRC) reported a 2% increase in year-end 2022 proved reserves, totaling 18.1 trillion cubic feet equivalent (Tcfe), alongside a present value (PV10) of $29.6 billion. The reserves comprise 65.3% natural gas, 33.3% natural gas liquids, and 1.4% crude oil. The company identified 367 proven undeveloped locations within its five-year plan, supporting its asset quality. Notably, 1.7 Tcfe of reserves were added through operational performance, marking 15 consecutive years of positive revisions. However, 1,381 Bcfe was reclassified from proved undeveloped to unproved due to SEC regulations.
Range Resources Corporation (NYSE: RRC) announced its fourth-quarter 2022 production averaged approximately 2,204 Mmcfe per day. The company realized $24.5 million in contingent derivative settlement gains during this quarter. Natural gas production averaged 1,517 Mmcf per day, with realization prices reaching $5.71 per mcf. NGL production averaged 107,806 barrels per day, with average prices at $27.83 per barrel. Additionally, crude oil production averaged 6,696 barrels per day, with prices averaging $55.83 per barrel, including settled hedges. Range has potential additional contingent payments of $21.0 million based on 2023 commodity prices.
Range Resources Corporation (NYSE: RRC) will announce its fourth quarter 2022 financial results on February 27, 2023, after market close. A conference call to discuss these results is set for February 28, 2023, at 9:00 a.m. ET. The call will be accessible via a webcast on the company's website, with an archive available until March 28, 2023. Range Resources is a prominent U.S. independent natural gas and NGL producer, focusing on operations in the Appalachian Basin.
Range Resources Corporation (NYSE: RRC) has declared a quarterly cash dividend of $0.08 per common share for Q4 2022. This dividend is payable on December 30, 2022, to stockholders of record as of the close of business on December 15, 2022. Range Resources, a leading independent producer of natural gas and NGL in the Appalachian Basin, continues to affirm its commitment to returning value to shareholders.
Range Resources Corporation (NYSE: RRC) reported record financial highlights for Q3 2022, achieving the highest cash flow from operating activities in its history at $521 million. The company initiated a quarterly dividend of $0.08 and increased its share repurchase authorization by $1 billion, totaling $1.5 billion. Production averaged 2.13 Bcfe per day, with strong realizations before NYMEX hedges at $7.40 per mcfe. Net income stood at $373 million, or $1.49 per diluted share, despite a $458 million mark-to-market derivative loss. The firm maintains a solid leverage ratio of 1.0x and expects capital expenditures to reach the upper end of its $460 million to $480 million guidance.
Range Resources Corporation (NYSE: RRC) will release its third quarter 2022 financial results on October 24, post-market close. A conference call to discuss these results is scheduled for October 25 at 9:00 a.m. ET. Interested parties can access a webcast of the call on the company's website, with the replay available until November 23, 2022. Range Resources is a major independent natural gas and NGL producer, primarily operating in the Appalachian Basin, headquartered in Fort Worth, Texas.
Range Resources Corporation (NYSE: RRC) announced a quarterly cash dividend of $0.08 per common share, payable on September 30, 2022, to stockholders of record as of September 15, 2022. The company, headquartered in Fort Worth, Texas, specializes in natural gas and NGL production with a focus on the Appalachian Basin. This dividend reflects a commitment to returning value to shareholders while maintaining operational focus on stacked-pay projects.
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Range Resources Corporation (NYSE: RRC) reported second-quarter 2022 results, achieving GAAP revenues of $1.23 billion and net income of $453 million ($1.77 per diluted share). Production averaged 2.1 Bcfe per day, predominantly natural gas, with significant increases in realized prices, notably $7.18 per mcfe. Capital expenditures were $127 million, and the company repurchased 4.5 million shares, reducing total debt by $217 million. The leverage ratio improved to a record low of 1.2x, enhancing prospects for shareholder returns through dividends and ongoing buybacks.
Range Resources Corporation (NYSE: RRC) is set to release its second quarter 2022 financial results on July 25 after market close. A conference call to discuss these results will occur on July 26 at 9:00 a.m. ET, available via a webcast. This company is a prominent independent producer of natural gas and NGLs, focusing on the Appalachian Basin. More details about their operations can be found on their website, which also hosts the archived conference call until August 26, 2022.