Range Declares Quarterly Dividend
Range Resources Corporation (NYSE: RRC) has declared a quarterly cash dividend of $0.08 per common share for the first quarter of 2023.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Range Resources Corporation (NYSE: RRC) has declared a quarterly cash dividend of $0.08 per common share for the first quarter of 2023. This dividend is payable on March 31, 2023, to stockholders of record as of March 15, 2023. As a prominent independent producer of natural gas and NGL, Range operates mainly within the Appalachian Basin. The board's decision reflects a commitment to returning value to shareholders while indicating the company's stable financial position.
Positive
- Declared a quarterly dividend of $0.08 per share.
- Dividend payment signifies company stability and shareholder value.
Negative
- None.
Details
News Market Reaction – RRC
The recorded move for RRC in the trading session of this news was -0.07%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FORT WORTH, Texas, March 01, 2023 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the first quarter. A dividend of
RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas and NGL producer with operations focused on stacked-pay projects in the Appalachian Basin. The Company is headquartered in Fort Worth, Texas. More information about Range can be found at www.rangeresources.com.
SOURCE: Range Resources Corporation
Range Investor Contact:
Laith Sando, Vice President – Investor Relations
817-869-4267
lsando@rangeresources.com
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