Range Resources Stock Price, News & Analysis

Range Resources Corporation (NYSE: RRC) is a U.S. independent natural gas and natural gas liquids (NGL) producer. According to company disclosures, Range focuses its operations in the Appalachian Basin, with activity in Marcellus Shale areas in Pennsylvania. The company is headquartered in Fort Worth, Texas and its common stock is listed on the New York Stock Exchange under the ticker symbol RRC.

Range describes itself as a natural gas and NGL producer with operations concentrated in the Appalachian Basin. Company news releases highlight development activity in southwestern and northeastern Pennsylvania, including areas described as super-rich, wet, and dry gas windows of the basin. Range’s operational updates reference drilling and completion activity measured in lateral feet and the number of wells turned to sales across these areas.

In multiple investor communications, Range emphasizes its natural gas, NGL and oil production mix, with natural gas representing a substantial portion of total production. The company reports realized prices and differentials for natural gas, NGLs and oil relative to benchmarks such as NYMEX natural gas, Mont Belvieu-equivalent NGL pricing and WTI crude oil. These disclosures underscore the company’s focus on natural gas and NGL development and marketing from its Appalachian Basin asset base.

Business focus and operations

Range’s public statements describe a business centered on the exploration and production of natural gas, NGLs and oil. Operational updates detail:

• Drilling and completion expenditures and associated lateral footage drilled and turned to sales.
• Well activity across southwestern Pennsylvania super-rich, wet and dry areas, as well as northeastern Pennsylvania dry gas areas.
• Production volumes expressed in natural gas, oil and NGL units and converted to a natural gas equivalent basis.

The company also reports on its capital budgets for drilling, completion, acreage, infrastructure and related investments. These disclosures indicate that Range allocates capital to develop its drilling inventory and associated infrastructure in the Appalachian Basin.

Financial and capital allocation practices

Range’s earnings releases and related SEC filings describe several recurring financial and capital allocation practices. These include:

• Reporting cash flow from operating activities and cash flow from operations before changes in working capital as non-GAAP measures.
• Using non-GAAP metrics such as adjusted net income comparable to analysts’ estimates and cash flow from operations before working capital changes.
• Maintaining and utilizing a share repurchase program, with periodic open-market repurchases of common stock.
• Paying regular quarterly cash dividends on its common stock, as declared by the board of directors.

Range also discloses its approach to managing debt and liquidity, including the use of senior notes and a revolving bank credit facility. For example, the company has reported paying off certain senior notes and entering into an amended and restated revolving bank credit facility with a defined maturity and borrowing base. An 8-K filing dated January 5, 2026 describes a notice of full redemption for 8.25% senior notes due 2029, funded through the company’s existing revolving credit facility.

Hedging and realized pricing

Company communications describe an active hedging program. Range reports:

• Hedging portions of expected future production volumes to increase the predictability of cash flow.
• Using derivatives for natural gas, natural gas basis, NGLs and oil, with reported gains or losses and net cash receipts on derivative settlements.
• Hedging basis across numerous natural gas sales points to limit volatility between benchmark and regional prices.

Range provides detailed tables of average realized prices before and after NYMEX hedges, as well as differentials to NYMEX natural gas, Mont Belvieu-equivalent NGL pricing and WTI. The company highlights that cash prices realized for oil and natural gas production, including the impact of cash-settled derivatives and transportation, gathering, processing and compression expense, are a key component of its performance tracking.

Non-GAAP measures and investor communications

Range’s earnings releases and related 8-K filings explain the rationale for several non-GAAP financial measures. The company states that measures such as adjusted net income comparable to analysts’ estimates and cash flow from operations before changes in working capital are used by management and investors to evaluate operational trends and compare performance to other oil and gas producers. Range provides reconciliations of these non-GAAP measures to the most directly comparable GAAP measures in accompanying tables.

The company regularly announces quarterly financial results and hosts conference calls and webcasts to discuss performance. These events are typically scheduled shortly after the release of quarterly results, and the webcasts are archived on the company’s website for a defined period. Through these communications, Range provides updates on production, unit costs, capital spending, hedging, and guidance for capital, production, expenses and price differentials.

Dividends and shareholder returns

Range’s board of directors has declared recurring quarterly cash dividends on the company’s common stock, as disclosed in multiple press releases. These dividends are stated as a fixed amount per common share, payable on specified dates to stockholders of record on designated record dates. In addition to dividends, Range reports share repurchases as part of its capital return framework, with information on shares repurchased, average repurchase prices and remaining availability under the repurchase program.

Regulatory filings and listing

Range Resources Corporation files reports with the U.S. Securities and Exchange Commission, including Forms 8-K that describe material events such as quarterly results, derivative gains, and debt redemptions. The company’s common stock, with a stated par value per share, is registered under Section 12(b) of the Securities Exchange Act of 1934 and trades on the New York Stock Exchange under the symbol RRC, as noted in SEC filings.

Frequently asked questions (FAQ)

• What does Range Resources Corporation do?
  Range Resources Corporation is an independent producer of natural gas, natural gas liquids and oil. The company states that its operations are focused in the Appalachian Basin, where it develops and produces these hydrocarbons.
• Where does Range Resources operate?
  Range reports that its operations are focused in the Appalachian Basin. Company updates reference activity in southwestern and northeastern Pennsylvania, including super-rich, wet and dry gas areas.
• Where is Range Resources headquartered?
  Range Resources Corporation states that it is headquartered in Fort Worth, Texas.
• On which exchange is RRC stock listed?
  According to SEC filings, Range Resources Corporation’s common stock is listed on the New York Stock Exchange under the trading symbol RRC.
• What commodities does Range Resources produce?
  Range reports production of natural gas, natural gas liquids (NGLs) and oil, and presents its volumes on a natural gas equivalent basis.
• Does Range Resources pay a dividend?
  Yes. Company press releases disclose that the board of directors has declared quarterly cash dividends on Range’s common stock, with specified payment and record dates.
• How does Range Resources describe its hedging strategy?
  Range states that it hedges portions of expected future production volumes to increase the predictability of cash flow and maintain a flexible financial position. It also hedges basis at various natural gas sales points to limit price volatility between benchmarks and regional markets.
• What non-GAAP financial measures does Range Resources highlight?
  Range discusses non-GAAP measures such as cash flow from operations before changes in working capital, adjusted net income comparable to analysts’ estimates, realized prices, net debt and cash margin, and provides reconciliations to comparable GAAP measures.
• How does Range Resources allocate capital?
  Company disclosures describe capital spending on drilling and completion, acreage, infrastructure, pneumatic devices and other investments, primarily in its Appalachian Basin operations.
• What recent debt-related action has Range Resources reported?
  An 8-K filing dated January 5, 2026 states that Range issued a notice of full redemption for its 8.25% senior notes due 2029 and intends to use its existing revolving credit facility to fund the redemption.