Range Resources Corp. today announced its third quarter 2022 financial results. Third Quarter 2022 Highlights - Highest cash flow from operating activities in Company history ? $521 million Highest cash flow from operations, before working capital changes, in Company history ? $550 million Capital spending was $138 million, approximately 29% of the 2022 budget Quarterly dividend of $0.08 per quarter initiated in September [...]
Range Resources Corp. announced today that its third quarter 2022 financial results news release will be issued Monday, October 24 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Tuesday, October 25 at 9:00 a.m. ET . A webcast of the call may be accessed at www.rangeresources.com. The webcast will be archived for replay on the Company's website [...]
Range Resources Corp. today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the third quarter. A dividend of $0.08 per common share is payable on September 30, 2022 to stockholders of record at the close of business on September 15, 2022. Range Resources Corp. is a leading U.S. independent natural gas and NGL producer with operations focused on stacked-pay projects in the [...]
Range Resources Corp. announced today that its second quarter 2022 financial results news release will be issued Monday, July 25 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Tuesday, July 26 at 9:00 a.m. ET . A webcast of the call may be accessed at www.rangeresources.com. The webcast will be archived for replay on the Company's website until [...]
Range Resources Corp. today announced its first quarter 2022 financial results. First Quarter 2022 Highlights - Realizations before NYMEX hedges of $5.63 per mcfe, approximately $0.74 above NYMEX natural gas Natural gas differentials, including basis hedging, averaged a $0.03 premium per mcf above NYMEX Pre-hedge NGL realization of $40.03 per barrel, a premium of $0.74 per barrel above Mont Belvieu equivalent Production [...]
Range Resources Corp. announced today that its first quarter 2022 financial results news release will be issued Tuesday, April 26 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Wednesday, April 27 at 9:00 a.m. ET . A webcast of the call may be accessed at www.rangeresources.com. The webcast will be archived for replay on the Company's website [...]
HOUSTON, March 14, 2022 /PRNewswire/ -- U.S. Well Services today announced it has finalized an agreement with a subsidiary of Range Resources Corp. to extend its existing electric fleet contract with Range following its expiration in November 2022. Under the terms of the extension, USWS will deploy a new Nyx Clean Fleet® in November 2022 that will support Range's Appalachian completion program through the end of 2024 [...]
Range Resources Corp. today announced its fourth quarter 2021 financial results and plans for 2022. Fourth Quarter and Full-Year 2021 Highlights - Reduced net debt in 2021 by $379 million compared to year-end 2020 All-in 2021 capital spending was $414 million, approximately $11 million less than original budget 2021 daily production averaged 2.13 Bcfe per day 2021 NGL realizations averaged a premium of $1.18 per barrel [...]
Range Resources Corp. today announced that year-end 2021 proved reserves increased to 17.8 Tcfe and SEC PV10 increased to $14.9 billion. Commenting, Jeff Ventura, the Company's CEO said. "Consistent with past reserve updates, this year's report reflects the quality, scale and repeatability of Range's asset base with our 14th consecutive year of positive performance revisions. Range's strong reserve report is supported by [...]
Range Resources Corp. today announced that fourth quarter 2021 production averaged approximately 2,198 Mmcfe per day, and fourth quarter 2021 all-in capital spending totaled $92.3 million. In addition, Range realized $29.5 million in contingent derivative settlement gains in fourth quarter 2021. Production and Pricing Fourth quarter 2021 daily natural gas production averaged approximately 1,534 Mmcf per day. The average [...]
Range Resources Corp. announced today that it has priced at par an offering of $500 million aggregate principal amount of senior notes due 2030 , which will carry an interest rate of 4.75%. Range expects that the net proceeds of the offering will be approximately $492.0 million. Range intends to use the net proceeds from the offering, together with cash on hand and borrowings under its bank credit facility, to redeem all [...]
Range Resources Corp. announced today that it intends, subject to market conditions, to offer $500 million aggregate principal amount of senior notes due 2030 in a private placement to eligible purchasers. Range intends to use the net proceeds from the offering, together with cash on hand and borrowings under its bank credit facility, to redeem all of its outstanding 9.250% senior notes due 2026 . Range intends to issue a [...]
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