Pomerantz LLP announces that a class action lawsuit has been filed against Range Resources Corp. and certain of its officers. The class action, filed in the United States District Court for the United States District Court for the Western District of Pennsylvania, and docketed under 21-cv-00301, is on behalf of a class consisting of all investors who purchased or otherwise acquired Range Resources common stock between [...]
Federman & Sherwood announces that on March 4, 2021, a class action lawsuit was filed in the United States District Court for the Western District of Pennsylvania against Range Resources Corp. . The complaint alleges violations of federal securities laws, Sections 10 and 20 of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market [...]
Pomerantz LLP announces that a class action lawsuit has been filed against Range Resources Corp. and certain of its officers. The class action, filed in the United States District Court for the United States District Court for the Western District of Pennsylvania, and docketed under 21-cv-00301, is on behalf of a class consisting of all investors who purchased or otherwise acquired Range Resources common stock between [...]
Range Resources Corp. today announced its fourth quarter 2020 financial results, proved reserves and plans for 2021. Highlights - All-in 2020 capital spending was $411 million, approximately $109 million less than original budget Fourth quarter cash unit costs improved by $0.07 per mcfe compared to prior year period Company record for lease operating expense of $0.08 per mcfe during the quarter Reduced debt in 2020 by $86 [...]
Range Resources Corp. announced today that its fourth quarter 2020 financial results news release will be issued Tuesday, February 23 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Wednesday, February 24 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 [...]
U.S. Well Services, Inc. today announced it has finalized an extension of its contract to provide electric hydraulic fracturing services for Range Resources Corp. in the Appalachian Basin. "We are excited to continue working for Range with our revolutionary Clean Fleet® electric hydraulic fracturing solution," said Joel Broussard, U.S. Well Services' President and Chief Executive Officer. "Together our companies have [...]
Range Resources Corp. announced today that it has priced at par an offering of $600 million aggregate principal amount of senior notes due 2029 , which will carry an interest rate of 8.25%. Range expects that the net proceeds of the offering will be approximately $590.8 million. Range intends to use the net proceeds from the offering for general corporate purposes, including the repayment of borrowings under its bank [...]
Range Resources Corp. announced today that it intends, subject to market conditions, to offer $500 million aggregate principal amount of senior notes due 2029 in a private placement to eligible purchasers. Range intends to use the net proceeds from the offering for general corporate purposes, including the repayment of borrowings under its bank credit facility. The Notes have not been registered under the Securities Act [...]
Range Resources Corp. today announced its third quarter 2020 financial results. Third Quarter Highlights – Well costs continue to average less than $600 per lateral foot, including facility costs, the lowest in Appalachia 2020 annual capital spend expectation reduced by at least $15 million, due to efficiency improvements Total capital expenditures were $63.5 million during the quarter Transportation, gathering [...]
Range Resources Corp. announced today that its third quarter 2020 financial results news release will be issued Thursday, October 29 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Friday, October 30 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. announced that it has signed a long-term ethane supply agreement with PTTGC America LLC to become an anchor supplier for a proposed world-scale ethylene cracker in Appalachia. This agreement is contingent upon PTTGCA reaching a final investment decision, which is expected in early 2021. “We are pleased to help support a world-class project that brings additional jobs to Appalachia, while utilizing [...]
Range Resources Corp. announced today the results to date of Range’s previously announced cash tender offers to purchase up to $500 million aggregate principal amount of its outstanding 5.750% senior notes due 2021 , 5.750% senior subordinated notes due 2021 , 5.875% senior notes due 2022 , 5.000% senior notes due 2022 , 5.000% senior subordinated notes due 2022 and 5.000% senior notes due 2023 . Based on information [...]