Range Resources Corporation reports recurring developments tied to its Appalachian Basin natural gas and NGL production business. Company news commonly covers quarterly operating and financial results, production mix, capital spending, realized commodity prices, basis and hedging impacts, NGL realizations, and marketing arrangements for U.S. and international demand.
Range Resources updates also address shareholder-return actions such as dividends and common-stock repurchases, debt reduction, reserve and guidance commentary, and board or governance matters. The company is an independent U.S. exploration and production company whose common stock trades on the New York Stock Exchange under the symbol RRC.
Range Resources Corporation (NYSE: RRC) reported third quarter 2021 financial results, revealing GAAP revenues of $303 million and an adjusted net income of $130 million ($0.52 per diluted share). Production averaged 2.14 Bcfe per day, with capital expenditures totaling $96 million. The company reduced total debt by $91 million, refining its 2021 capital budget to $415 million. Notably, improved natural gas and NGL realizations were observed, alongside a forecasted cash flow increase of over $100 million from NGL sales. CEO Jeff Ventura emphasized commitments to sustainable free cash flow and disciplined spending.
Range Resources Corporation (NYSE: RRC) will release its third quarter 2021 financial results on October 26 after market close. A conference call to discuss these results is scheduled for October 27 at 9:00 a.m. ET, accessible via a webcast on their website. The archive will be available until November 26. Range Resources is a prominent U.S. independent producer of natural gas and NGLs, focusing operations in the Appalachian Basin.
Range Resources Corporation (NYSE: RRC) announced the appointment of Reginal W. Spiller to its Board of Directors, effective September 27, 2021, following Dr. Steffen A. Palko's retirement. Reg Spiller brings over 40 years of experience in the oil and gas sector, including a notable career at the U.S. Department of Energy and as President and CEO of Azimuth Energy Investments. Chairman Greg Maxwell expressed confidence in Spiller's capabilities, while Dr. Palko reflected on the company’s progress during his tenure and the importance of natural gas for future energy needs.
Range Resources Corporation (NYSE: RRC) reported Q2 2021 financial results with GAAP revenues reaching $435 million and a net loss of $156 million ($0.65 per diluted share), impacted by a $250 million derivative loss. The company generated $177 million in cash flow from operations and reported production averaging 2.10 Bcfe per day, with a significant portion from liquids. Capital spending totaled $120 million. Range announced a commitment to responsibly sourced natural gas certification through a pilot project with Project Canary.
Range Resources Corporation (NYSE: RRC) will release its second quarter 2021 financial results on July 26 after the market closes. A conference call to discuss the results is scheduled for July 27 at 9:00 a.m. ET, with a webcast accessible for replay until August 27. Range Resources operates primarily in the Appalachian Basin as an independent natural gas and NGL producer.
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Range Resources Corporation (NYSE: RRC) reported its Q1 2021 results, with revenues of $626 million and net income of $27 million ($0.11 per diluted share). The company achieved pre-hedge NGL realizations at $26.35 per barrel, marking its highest since late 2018. Production averaged 2,081 Mmcfe per day, with approximately 70% being natural gas. Capital spending was $105 million, about 25% of the annual budget. Range reaffirmed a $3.0 billion borrowing base and successfully redeemed $63.3 million in senior notes. The company aims for disciplined capital spending and sustainable free cash flow.
Range Resources Corporation (NYSE: RRC) announced its first quarter 2021 financial results will be released on April 26, post-market close. A conference call is scheduled for April 27 at 9:00 a.m. ET, available via webcast on the company's website. Range Resources, a prominent U.S. independent natural gas and NGL producer, primarily operates in the Appalachian Basin. Investors can find more information on their official site.
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RANGE RESOURCES CORPORATION (NYSE: RRC) reported its fourth quarter 2020 results with revenues of $599 million and a net income of $38 million. The company reduced its debt by $86 million in 2020, totaling a $1 billion reduction since 2017. The 2021 capital budget is set at $425 million to maintain production at approximately 2.15 Bcfe per day. Year-end proved reserves were 17.2 Tcfe, primarily consisting of natural gas. The company plans to turn to sales 59 wells in 2021, focusing on cost efficiency and environmental sustainability.