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Stock impact report

Range Resources Q1 Earnings Call Highlights [Yahoo! Finance]

Range Resources Corporation (RRC) 
Last range resources corporation earnings: 4/30 05:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.rangeresources.com
Company Research Source: Yahoo! Finance
from operations before working capital), kept a capital reinvestment rate under 30%, ended the quarter with $834 million of net debt, and returned capital via $24 million of dividends and $27 million of buybacks, which management called the strongest balance sheet in company history. Production averaged 2.2 Bcfe per day in Q1 with a mid-year ramp as gathering, compression and processing capacity comes online; Range expects production to hit 2.5 Bcfe per day by year-end and target ~2.6 Bcf/day in 2027. Marketing execution drove outsized realizations: the company reported its best gas differential in over a decade at a premium to Henry Hub and a record NGL premium of per barrel over Mont Belvieu, and raised full-year NGL differential guidance to a $1.25–$2.50 per barrel premium. Interested in Range Resources Corporation? Here are five stocks we like better. 3 Energy Stocks to Watch Now as LNG Demand Surges Range Resources (NYSE:RRC) executives highlighted a strong start to 202 Show less Read more
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