FORT WORTH, Texas, July 26, 2016 (GLOBE NEWSWIRE) -- Range Resources Corp. (NYSE:RRC) today announced its second quarter financial results. Highlights – Announced pending merger with Memorial Resource Development Corp. Second quarter company production averaged 1,421 net Mmcfe per day, up 4% from the prior-year quarter, with Marcellus production averaging a record 1,379 net Mmcfe per day, up 16% from the [...]
DENVER, CO--(Marketwired - Jul 19, 2016) - EnerCom, Inc. will host The Oil & Gas Conference® 21 on August 14-18, 2016, in Denver at the Westin Denver Downtown. Investment and oil and gas professionals can register for the event and find the work-in-progress presenter schedule on the conference website. Conference Details: The Oil & Gas Conference® 21 offers investment professionals the opportunity to listen to [...]
Range Resources announced today that it has established a record date and the expected timing of its meeting date for the special meeting of its stockholders to consider and vote upon (i) the proposal to approve the issuance of shares of Range common stock, par value $0.01 per share, to stockholders of Memorial Resource Development in connection with the merger contemplated by the previously announced Agreement and Plan [...]
FORT WORTH, TX--(Marketwired - Jun 15, 2016) - RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its second quarter 2016 financial results news release will be issued Tuesday, July 26 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Wednesday, July 27 at 9:00 a.m. ET (8:00 am CT). To participate in the call, please dial 877-407-0778 and [...]
FORT WORTH, TX--(Marketwired - Jun 1, 2016) - RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the second quarter. A dividend of $0.02 per common share is payable on June 30, 2016 to stockholders of record at the close of business on June 15, 2016. Range Resources Corp. (NYSE: RRC) is a leading independent oil and natural gas [...]
FORT WORTH, TX--(Marketwired - May 16, 2016) - Range Resources Corp. "Range" (NYSE: RRC) and Memorial Resource Development Corp. "MRD" (NASDAQ: MRD) announced today a definitive merger agreement under which Range will acquire all of the outstanding shares of common stock of MRD in an all-stock transaction valued at $4.4 billion. This valuation includes the assumption of MRD's net debt, which was $1.1 billion as of March [...]
FORT WORTH, TX--(Marketwired - Apr 28, 2016) - Range Resources Corp. (NYSE: RRC) today announced its first quarter financial results. Highlights - Unit costs reduced by 10%, or $0.29 per mcfe compared to prior-year quarter Completed and contracted asset sales announced totaling approximately $190 million of proceeds Absolute debt levels reduced by $631 million over the last twelve months Existing $3 billion bank credit [...]
FORT WORTH, TX--(Marketwired - Mar 28, 2016) - RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that it has completed the sale of its Bradford County non-operated assets. After purchase price adjustments based upon a January 1st effective date, Range received approximately $110 million of sales proceeds at the closing plus retaining the net cash flow since the effective date. In early February, Range signed a [...]
FORT WORTH, TX--(Marketwired - Mar 18, 2016) - Range Resources Corp. (NYSE: RRC) announced today that its first quarter 2016 financial results news release will be issued Thursday, April 28 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Friday, April 29 at 9:00 a.m. ET (8:00 am CT). To participate in the call, please dial 877-407-0778 and ask [...]
FORT WORTH, TX--(Marketwired - Mar 17, 2016) - RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that the Company's existing $3 billion Borrowing Base and $2 billion Commitment Amount under its $4 billion bank credit facility have been unanimously approved by its 29 lenders. Under the terms of the credit agreement, Range is subject to an annual Borrowing Base redetermination with the next redetermination scheduled [...]
FORT WORTH, TX--(Marketwired - Feb 25, 2016) - RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its 2015 financial results. Highlights - Fourth quarter unit costs reduced by 15%, or $0.46 per mcfe compared to prior-year quarter Fourth quarter natural gas differential improved $0.20, or 35%, compared to prior-year quarter, driven by additional takeaway projects Record annual average daily production of 1.4 Bcfe per [...]
FORT WORTH, TX--(Marketwired - Feb 25, 2016) - Range Resources Corp. (NYSE: RRC) announced today that its proved reserves as of December 31, 2015 were 9.9 Tcfe. Highlights - Excluding asset sales of 963 Bcfe, proved reserves increased 6% from year-end 2014 Range replaced 436% of 2015 production Drill-bit finding cost with revisions was $0.37 per mcfe Proved developed reserves increased 25% before deducting sales of [...]