Range Resources - RRC STOCK NEWS

Range Resources Corporation (NYSE: RRC) announced a quarterly cash dividend of $0.08 per common share, payable on September 30, 2022, to stockholders of record as of September 15, 2022. The company, headquartered in Fort Worth, Texas, specializes in natural gas and NGL production with a focus on the Appalachian Basin. This dividend reflects a commitment to returning value to shareholders while maintaining operational focus on stacked-pay projects.

Range Resources Corporation (NYSE: RRC) reported second-quarter 2022 results, achieving GAAP revenues of $1.23 billion and net income of $453 million ($1.77 per diluted share). Production averaged 2.1 Bcfe per day, predominantly natural gas, with significant increases in realized prices, notably $7.18 per mcfe. Capital expenditures were $127 million, and the company repurchased 4.5 million shares, reducing total debt by $217 million. The leverage ratio improved to a record low of 1.2x, enhancing prospects for shareholder returns through dividends and ongoing buybacks.

Range Resources Corporation (NYSE: RRC) is set to release its second quarter 2022 financial results on July 25 after market close. A conference call to discuss these results will occur on July 26 at 9:00 a.m. ET, available via a webcast. This company is a prominent independent producer of natural gas and NGLs, focusing on the Appalachian Basin. More details about their operations can be found on their website, which also hosts the archived conference call until August 26, 2022.

Range Resources Corporation (NYSE: RRC) reported its first quarter 2022 financial results, highlighting revenues of $181 million and net cash from operations of $406 million. Key metrics include a production average of 2,071 Mmcfe per day, with over 70% from natural gas. Notably, the company achieved pre-hedge NGL realizations of $40.03 per barrel. A substantial debt reduction of $350 million was accomplished, alongside a reaffirmed $3.0 billion borrowing base. Adjusted net income for Q1 was reported at $297 million, with strong operational efficiency reflected in capital spending at 25% of the 2022 budget.

Range Resources Corporation (NYSE: RRC) announced its first quarter 2022 financial results will be released on April 26 after market close. A conference call for discussion of these results is scheduled for April 27 at 9:00 a.m. ET. Range Resources is a prominent independent natural gas and NGL producer, primarily operating in the Appalachian Basin. Investors can access the webcast of the call on the company's website, where it will be available for replay until May 26, 2022.

U.S. Well Services (USWS) announced a contract extension with Range Resources (RRC) for its electric fleet, effective November 2022. This agreement will support Range's completion program in the Appalachian region until the end of 2024. USWS CEO Joel Broussard emphasized the importance of this partnership, particularly due to rising diesel prices and environmental concerns. The use of electric fracturing technology aims to enhance operational efficiency while reducing emissions. Range Resources aims for net zero greenhouse gas emissions by 2025, aligning with its sustainability goals.

Range Resources Corporation (NYSE: RRC) reported strong fourth quarter and full-year 2021 financial results, reducing net debt by $379 million and achieving record NGL realizations averaging $1.18 per barrel above Mont Belvieu. The company announced a $500 million share repurchase program and reinstated its cash dividend at $0.32 per share, expected to begin in the second half of 2022. Anticipating over $1 billion in free cash flow for 2022, Range projects capital spending of $460-$480 million while maintaining production between 2.12-2.16 Bcfe per day.

Range Resources Corporation (NYSE: RRC) announced its fourth quarter 2021 financial results, reporting production of approximately 2,198 Mmcfe per day and all-in capital expenditures totaling $92.3 million. Natural gas production averaged 1,534 Mmcf per day, with pre-hedge realizations reaching $5.38 per mcf, the highest since 2014. The company achieved $29.5 million in contingent derivative settlement gains during the quarter. Additionally, total capital expenditures for 2021 were $414 million, below the guidance of $425 million. A conference call to discuss these results is set for February 23, 2022.