FORT WORTH, Texas, April 16, 2018 -- Range Resources Corp. today announced that it has renewed and extended its revolving credit facility. The new five-year agreement with a syndicate of twenty-seven financial institutions has a maximum facility size of $4 billion and maintains a borrowing base of $3 billion with $2 billion in commitments. The agreement maintains existing borrowing costs and structure, including the [...]
FORT WORTH, Texas, April 12, 2018 -- Range Resources Corp. today announced that, effective April 13, 2018, after 42 years in the industry Ray Walker will retire from his position as Executive Vice President and Chief Operating Officer. Dennis Degner, SVP of Operations will continue to oversee operations for both the Marcellus and North Louisiana divisions. Commenting, Jeff Ventura, Chairman and CEO said, “We [...]
FORT WORTH, Texas, April 03, 2018 -- Range Resources Corp. announced today that its first quarter 2018 financial results news release will be issued Wednesday, April 25 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Thursday, April 26 at 9:00 a.m. ET . To participate in the call, please dial 866-900-7525 and provide conference code 6068166 about [...]
FORT WORTH, Texas, March 01, 2018 -- 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 30, 2018 to stockholders of record at the close of business on March 16, 2018. Range Resources Corp. is a leading U.S. independent natural gas, NGL and oil producer with operations [...]
FORT WORTH, Texas, Feb. 27, 2018 -- Range Resources Corp. today announced its fourth quarter and year-end 2017 financial results. Highlights – GAAP earnings for 2017 reached $333 million versus a loss of $521 million in 2016 Net cash provided from operating activities in 2017 increased to $816 million in 2017 compared to $387 million in 2016, an increase of 111% GAAP revenues increased to $2.6 billion in 2017 [...]
FORT WORTH, Texas, Feb. 08, 2018 -- Range Resources Corp. announced today that its fourth quarter 2017 financial results news release will be issued Tuesday, February 27 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Wednesday, February 28 at 9:00 a.m. ET . To participate in the call, please dial 866-900-7525 and provide conference code 7649028 [...]
FORT WORTH, Texas, Jan. 24, 2018 -- Range Resources Corp. today announced a 2018 capital budget of $941 million, which is below anticipated 2018 cash flow at current strip prices and generates annual production growth of approximately 11%. Additionally, Range announced a five-year outlook from 2018 through 2022 that generates cumulative free cash flow of approximately $1 billion and reduces leverage to below 2x net debt [...]
FORT WORTH, Texas, Jan. 24, 2018 -- Range Resources Corp. announced today that proved reserves at December 31, 2017 increased by 26% from the prior-year to 15.3 Tcfe. Highlights – SEC PV10 reserve value increased by 119% to $8.1 billion Proved reserves increased by 3.2 Tcfe, or 26% Reserve extensions, discoveries and additions were a record 3.5 Tcfe Proved developed reserves increased 1.6 Tcfe, or 23% Drill-bit [...]
FORT WORTH, Texas, Dec. 01, 2017 -- 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 29, 2017 to stockholders of record at the close of business on December 15, 2017. Range Resources Corp. is a leading U.S. independent natural gas, NGL and oil producer with operations [...]
FORT WORTH, TEXAS, Nov. 09, 2017 -- RANGE RESOURCES CORPORATION today announced that Roger S. Manny, the Company’s Chief Financial Officer plans to retire on May 16, 2018 after the Company’s 2018 Annual Stockholder Meeting. On that same date, the Company plans to appoint Mark S. Scucchi, currently Vice President – Finance & Treasurer to the position of Senior Vice President – Chief Financial [...]
FORT WORTH, Texas, Oct. 05, 2017 (GLOBE NEWSWIRE) -- Range Resources Corp. (NYSE:RRC) announced today that its third quarter 2017 financial results news release will be issued Tuesday, October 24 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Wednesday, October 25 at 9:00 a.m. ET (8:00 a.m. CT). To participate in the call, please dial [...]
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