Range Resources Corp

RRC

Equity

ISIN null / Valor 947129

New York Stock Exchange, Inc (2025-11-21)

USD 38.08-0.29%

Range Resources Corp
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About company

Range Resources Corp is a prominent independent producer of natural gas and natural gas liquids (NGLs) in the United States, with its operational focus primarily in the Appalachian Basin. The company is engaged in the exploration, development, and production of natural gas and NGLs, leveraging advanced drilling and extraction technologies to access and produce these resources. By concentrating its efforts in the Appalachian Basin, Range Resources Corp taps into one of the largest natural gas reserves in the country, aiming to meet the growing energy demands with its production capabilities. The company's business strategy revolves around sustainable growth in its production operations, optimizing resource extraction while maintaining a commitment to safety and environmental stewardship in its operational practices.

Summarized from source with an LLMView SourceSector: Energy

Cash Flow and Earnings

The company generated $248 million of GAAP net cash from operating activities and $279 million in cash flow before working capital changes. GAAP net income stood at $144 million ($0.60 per diluted share) with an adjusted net income of $135 million ($0.57 per diluted share), bolstered by a $93 million mark-to-market derivative gain.

Cost Efficiency

Range Resources Corp achieved improved unit cost performance with direct operating expenses and transportation/gathering costs showing decreases, leading to a reduction in total cash unit costs by 3% from Q3 2024. Depletion, depreciation, and amortization costs remained steady, supporting overall cost efficiency.

Production and Pricing

Q3 2025 production averaged 2.23 Bcfe per day, with average realized pricing at $3.29 per mcfe after hedges. The report detailed specific pricing performance across natural gas, NGLs, and oil, noting premiums relative to benchmark pricing such as NYMEX and Mont Belvieu prices, while natural gas differential improved as the company refines its hedging strategies.

Capital Deployment and Shareholder Returns

The firm repurchased approximately $56 million of shares and distributed $21 million in dividends during the quarter, underlining its commitment to returning capital to shareholders. Moreover, capital spending of $190 million (29% of the annual 2025 budget) and updated financing arrangements, including an amended revolving credit facility, indicate a strong strategic focus on growth and liquidity management.

Operational Investments

Range’s drilling and completion expenditures totaled $165 million in Q3 2025, complemented by additional investments in acreage and infrastructure. This level of capital deployment, representing about 74% of the yearly capital plan, supports the company’s robust production and growth outlook through 2025 and beyond.

Summarized from source with an LLMView Source

Key figures

7.06%1Y

35.0%3Y

432%5Y

Performance

38.1%1Y

39.2%3Y

51.5%5Y

Volatility