Range Resources Corp. today announced its first quarter 2019 financial results. Highlights – GAAP cash flow provided from operating activities of $261 million, and non-GAAP cash flow of $269 million GAAP net income of $1.4 million , and non-GAAP net income of $90.7 million Utilized free cash flow to reduce borrowings on credit facility by approximately $48 million Production averaged 2,256 Mmcfe per day, including [...]
Range Resources Corp. announced today that its first quarter 2019 financial results news release will be issued Monday, April 22 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Tuesday, April 23 at 9:00 a.m. ET . To participate in the call, please dial 866-900-7525 and provide conference code 4086623 about 10 minutes prior to the scheduled start [...]
Range Resources Corp. today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the first quarter. A dividend of $0.02 per common share is payable on March 29, 2019 to stockholders of record at the close of business on March 15, 2019. Range Resources Corp. is a leading U.S. independent natural gas, NGL and oil producer with operations focused in stacked-pay projects in the [...]
Range Resources Corp. today announced its fourth quarter and year-end 2018 financial results. Commenting on the results and 2019 plans, Jeff Ventura, the Company’s CEO said, “Range made solid progress on key strategic objectives in 2018. Our capital spending was disciplined, coming in $31 million under budget due to efficient operations, longer laterals and innovative water recycling. For the year, Range [...]
Range Resources Corp. announced today that proved reserves at December 31, 2018 increased by 18% from the prior-year to 18.1 Tcfe. Highlights – Year-end 2018 PV10 value of reserves using future strip prices was $9.9 billion Year-end 2018 SEC PV10 value of proved reserves was $13.2 billion, up $5.1 billion from prior year Proved reserves increased by 2.8 Tcfe, or 18% Reserve extensions, discoveries and additions were [...]
Range Resources Corp. announced today that its fourth quarter and calendar year 2018 financial results news release will be issued Monday, February 25 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Tuesday, February 26 at 9:00 a.m. ET . To participate in the call, please dial 866-900-7525 and provide conference code 6972159 about 10 minutes [...]
Range Resources Corp. today announced that 2018 capital spending is currently estimated to be approximately $20 million below the $941 million budgeted for the year. The Company’s 2018 program was better than budget as a result of savings from a variety of sources, including drilling efficiencies and water recycling. Separately, the Company announced that the Houston natural gas processing and NGL fractionation [...]
Range Resources Corp. today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the fourth quarter. A dividend of $0.02 per common share is payable on December 28, 2018 to stockholders of record at the close of business on December 14, 2018. Range Resources Corp. is a leading U.S. independent natural gas, NGL and oil producer with operations focused in stacked-pay projects in [...]
Range Resources Corp. announced today that Steve Gray has been appointed to the Company's Board of Directors. Mr. Gray’s appointment is effective October 30, and was mutually agreed upon by the Company’s Board of Directors and SailingStone Capital Partners, LLC. Mr. Gray will serve on the Board’s compensation committee. Previously, Mr. Gray served as a founder, director and Chief Executive Officer of [...]
Range Resources Corp. today announced its third quarter 2018 financial results. Highlights – Net income of $48.5 million , non-GAAP net income of $63.9 million Cash provided from operating activities of $229 million, non-GAAP cash flow of $260 million Production averaged a record 2,267 Mmcfe per day, an increase of 14% compared to third quarter 2017 Southwest Pennsylvania production increased 29% over the prior-year [...]
Range Resources Corp. today announced that it has signed and closed on an agreement to sell a proportionately reduced 1% overriding royalty in its Washington County, Pennsylvania leases for gross proceeds of $300 million. Range’s Washington County properties encompass approximately 300,000 net surface acres that produced 1.7 Bcfe net per day in the second quarter of 2018. The overriding royalty applies to existing [...]
Range Resources Corp. announced today that its third quarter 2018 financial results news release will be issued Tuesday, October 23 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Wednesday, October 24 at 9:00 a.m. ET . To participate in the call, please dial 866-900-7525 and provide conference code 8399762 about 10 minutes prior to the scheduled [...]
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