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) announced that its fourth quarter 2020 financial results will be released on February 23 after market close. A conference call to discuss these results is scheduled for February 24 at 9:00 a.m. ET. Investors can access the call via a webcast on the company’s website, which will be archived until March 24. Range Resources focuses on natural gas and NGL production within the Appalachian Basin.
U.S. Well Services (Nasdaq: USWS) announced an extension of its contract to provide electric hydraulic fracturing services for Range Resources Corp (NYSE: RRC) in the Appalachian Basin.
This partnership aims to enhance Range's development strategy while minimizing emissions, noise, and fuel consumption. U.S. Well Services' innovative Clean Fleet® technology supports this initiative, promising operational efficiencies and reduced customer fuel costs compared to traditional diesel fleets. Both companies are committed to advancing environmental goals, including achieving net-zero greenhouse gas emissions.
Range Resources Corporation (NYSE: RRC) announced the pricing of a $600 million offering of senior notes due 2029, with an interest rate of 8.25%. The net proceeds, estimated at $590.8 million, will primarily be used for general corporate purposes, including repayment of borrowings. This offering increased in size from the initially planned $500 million. The transaction is set to close on January 8, 2021. The notes have not been registered under the Securities Act and are being offered to qualified institutional buyers and non-U.S. persons only.
Range Resources Corporation (NYSE: RRC) has announced its intention to offer $500 million in senior notes due 2029, pending market conditions. The funds will be used for general corporate purposes, including repaying existing borrowings under its bank credit facility. The offering is targeted at qualified institutional buyers and non-U.S. persons, and the notes have not been registered with the SEC. This press release contains forward-looking statements that involve risks and uncertainties, including fluctuating oil and gas prices and operational risks.
Range Resources Corporation (NYSE: RRC) reported its Q3 2020 results, revealing a GAAP loss of $680 million and non-GAAP revenues of $510 million. Notably, well costs averaged below $600 per foot, representing the lowest in Appalachia. The company reduced its 2020 capital spending forecast by at least $15 million, achieving a total capital expenditure of $63.5 million. After selling North Louisiana assets for $245 million, Range improved its financial position by extending debt maturities and maintaining a $3 billion borrowing base, positioning itself favorably for 2021 amid an improved natural gas price outlook.
Range Resources Corporation (NYSE: RRC) is set to release its third quarter 2020 financial results on Thursday, October 29, after the NYSE trading closes. A conference call to discuss these results is scheduled for Friday, October 30, at 9:00 a.m. ET, with a webcast available for access.
Range Resources is a prominent U.S. independent natural gas and NGL producer, focusing on low-cost, high-return projects in the Appalachian Basin. For more information, visit www.rangeresources.com.
Range Resources Corporation (NYSE: RRC) announced a long-term ethane supply agreement with PTTGC America LLC for a proposed ethylene cracker in Appalachia. This agreement is contingent on PTTGCA's final investment decision expected in early 2021. Range will supply 15,000 barrels per day of ethane sourced from existing production, which is projected to boost revenue compared to selling into the natural gas market. The project aims to create local jobs and represents a significant investment for the region.
Range Resources Corporation (NYSE: RRC) has announced results of its cash tender offers aiming to purchase up to $500 million of outstanding notes. As of August 31, 2020, approximately $863.6 million in notes were validly tendered. Key notes include 5.750% senior notes due 2021 and 5.000% senior notes due 2022, with a total consideration and early tender premium provided to holders. The tender offers, set to expire on September 15, 2020, face a proration factor of approximately 25.2% for 2023 notes due to overwhelming tenders.
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Range Resources Corporation (NYSE: RRC) has announced a pricing of $300 million in senior notes with a 9.250% interest rate due in 2026, increasing from an initial $200 million offering. The net proceeds from this offering, approximately $294.6 million, will finance tender offers for up to $500 million in outstanding notes and repay bank borrowings. The tender offer includes adjustments to increased consideration per noted amounts. Closing of the sale is expected on September 1, 2020. The New Notes are unregistered and offered under specific regulations.