Range Announces Fourth Quarter 2023 Results and 2024 Guidance [Yahoo! Finance]
Range Resources Corporation (RRC)
Last range resources corporation earnings: 4/30 05:30 pm
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US:NYSE Investor Relations:
ir.rangeresources.com
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Source: Yahoo! Finance
Full-Year 2023 Highlights – Cash flow from operating activities of $978 million Cash flow from operations, before working capital changes, of $1.1 billion Reduced net debt by $292 million, paid $77 million in dividends, and repurchased $19 million of shares Net production averaged 2,139 Mmcfe per day, approximately 69% natural gas All-in capital spending of $614 million, or $0.79 per mcfe Proved reserves of 18.1 Tcfe with positive performance revisions Increased hedge positions for 2024 and 2025 to approximately 55% and 25% of natural gas production with weighted-average floors of $3.70 and $4.11 per MMBtu, respectively Net Debt to EBITDAX of 1.3x (Non-GAAP) at year-end 2023 Commenting on the 2023 results and 2024 plans, Dennis Degner, the Company's CEO said, “Range had a successful year – operating safely and efficiently, while generating free cash flow despite lower natural gas prices. Range's 2023 free cash flow was allocated towards debt reduction and shareholde
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News
- Range Resources Co. (NYSE: RRC) had its price target raised by analysts at Jefferies Financial Group Inc. from $32.00 to $34.00. They now have a "hold" rating on the stock.MarketBeat
- Range Resources Co. (NYSE: RRC) had its price target raised by analysts at Piper Sandler from $41.00 to $43.00. They now have an "overweight" rating on the stock.MarketBeat
- Range Resources Co. (NYSE: RRC) had its "buy" rating re-affirmed by analysts at Mizuho. They now have a $41.00 price target on the stock, up previously from $39.00.MarketBeat
- Range Resources Co. (NYSE: RRC) was downgraded by analysts at Royal Bank of Canada from an "outperform" rating to a "sector perform" rating. They now have a $39.00 price target on the stock, up previously from $36.00.MarketBeat
- Range Resources Corporation (NYSE:RRC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
RRC
Earnings
- 4/23/24 - Beat
RRC
Sec Filings
- 5/1/24 - Form 4
- 4/25/24 - Form 4
- 4/25/24 - Form 144
- RRC's page on the SEC website