Range Resources Corp

RRC

Equity

ISIN null / Valor 947129

New York Stock Exchange, Inc (2025-10-20)

USD 37.12+3.20%

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

Robust Cash Flow

In the second quarter of 2025, Range Resources Corp generated $336 million in cash flow from operating activities and $301 million from operations before changes in working capital, demonstrating solid financial performance.

Shareholder Returns and Debt Reduction

The company repurchased $53 million of its shares and paid $21 million in dividends, while also reducing its net debt to $1.2 billion. This strategic capital allocation underscores Range's commitment to returning value to shareholders and strengthening its financial position.

Capital Spending and Operational Efficiency

Capital expenditures for the quarter totaled $154 million, representing approximately 23% of the annual 2025 budget. Operational efficiencies allowed Range to invest below the planned capital expenditures, contributing to lowered 2025 capital guidance.

Enhanced Production and Guidance

Production averaged 2.20 Bcfe per day, with about 68% derived from natural gas. Range updated its 2025 production guidance to approximately 2.225 Bcfe per day and increased its year-end inventory of lateral footage, supporting future growth and development.

Pricing and Hedging Performance

The realized price, including hedges, was $3.49 per mcfe. The natural gas differential, after accounting for basis hedging, was ($0.50) per mcf to NYMEX. Additionally, pre-hedge NGL realizations averaged $23.73 per barrel, achieving a premium of $0.61 over the Mont Belvieu equivalent.

Summarized from source with an LLMView Source

Key figures

24.6%1Y

37.2%3Y

327%5Y

Performance

38.1%1Y

39.2%3Y

51.5%5Y

Volatility