Revenue and Production - In Q1 2025, the company reported a 40% increase in revenue from the sale of natural gas, NGLs, and oil compared to Q1 2024, driven by a 37% increase in average realized prices and a 2% increase in production volumes [74]. - Total natural gas, NGLs, and oil sales reached $791.9 million in Q1 2025, a 38% increase from $567.0 million in Q1 2024 [80]. - Daily production averaged 2.2 Bcfe in Q1 2025, up from 2.1 Bcfe in the same period of 2024, reflecting a 2% increase in total production [74]. - Natural gas production increased by 2% to 135,963,430 mcf in Q1 2025 from 132,650,240 mcf in Q1 2024, while oil production decreased by 31% to 423,579 bbls [78]. - Oil production decreased to 424 Mbbls in Q1 2025, down from 610 Mbbls in Q1 2024, a decline of 30.5% [79]. - NGLs sales rose to $275.7 million in Q1 2025, compared to $256.1 million in Q1 2024, marking a 7.7% increase [80]. Financial Performance - Net income for Q1 2025 was $97.1 million, or $0.40 per diluted share, compared to $92.1 million, or $0.38 per diluted share in Q1 2024 [75]. - The company generated $330.1 million in cash from operating activities in Q1 2025, a slight decrease of $1.8 million from Q1 2024 [76]. - Cash flows from operating activities were $330.1 million in Q1 2025, slightly down from $331.9 million in Q1 2024 [96]. - The company paid $21.6 million in dividends, increasing the per share dividend by 12.5% to $0.09 compared to $0.08 in Q1 2024 [77]. - The company used operating cash flows to fund $158.3 million of capital expenditures in the first three months of 2025 [103]. Expenses and Costs - Direct operating expenses per mcfe increased to $0.13 in Q1 2025 from $0.11 in Q1 2024, attributed to higher water hauling and pumping costs [77]. - Transportation, gathering, processing, and compression expenses increased to $306.1 million in Q1 2025, up 5% from $290.9 million in Q1 2024 [80]. - Direct operating expense increased to $25.4 million in Q1 2025 from $22.2 million in Q1 2024, reflecting an 18% increase per mcfe [84]. - General and administrative expense decreased to $41.7 million in Q1 2025 from $43.9 million in Q1 2024, a 9% decline per mcfe [84]. - Interest expense decreased to $29.2 million in Q1 2025 from $30.5 million in Q1 2024, a 6% reduction per mcfe [85]. - Depletion, depreciation, and amortization expense increased to $90.6 million in Q1 2025 from $87.1 million in Q1 2024, with a 2% increase per mcfe [86]. Market Conditions and Price Realization - Average NYMEX natural gas prices rose to $3.66 per mcf in Q1 2025 from $2.23 per mcf in Q1 2024, while oil prices decreased to $71.40 per bbl from $76.92 per bbl [73]. - Average realized prices for natural gas increased by 76% to $3.61 per mcf in Q1 2025 from $2.05 per mcf in Q1 2024 [79]. - Average realized prices for oil decreased by 5% to $61.12 per bbl in Q1 2025 from $64.64 per bbl in Q1 2024 [79]. Liquidity and Capital Structure - The company maintained substantial liquidity with $344.6 million in cash on hand and $1.3 billion available under its credit facility [77]. - As of March 31, 2025, the company had approximately $1.6 billion of liquidity, consisting of $344.6 million in cash on hand and $1.3 billion available under the bank credit facility [99]. - The total remaining share repurchase authorization was approximately $948.6 million as of March 31, 2025 [106]. - At March 31, 2025, the company had approximately $1.7 billion of debt outstanding, bearing fixed interest rates averaging 6.0% [109]. - The company has undrawn letters of credit of $164.1 million as of March 31, 2025, which reduce borrowing capacity under the bank credit facility [101]. Risk Management - The company continues to focus on managing price risk through hedging and optimizing operational efficiencies to enhance financial performance [71]. - The company is exposed to market risks related to natural gas, NGLs, and oil prices, with approximately 64% of proved reserves being natural gas [115]. - Derivative fair value loss was $159.0 million in Q1 2025, compared to a gain of $46.6 million in Q1 2024, indicating increased volatility in revenues [81]. - The fair value of the company's derivative contracts approximated a net unrealized loss of $108.3 million as of March 31, 2025 [118]. Other Income and Expenses - Other income rose to $3.2 million in Q1 2025, compared to $3.0 million in Q1 2024, reflecting stable interest income [83]. - Exploration expense rose to $6.4 million in Q1 2025 from $4.5 million in Q1 2024, a 41% increase [90]. - Taxes other than income rose to $6.8 million in Q1 2025 from $5.7 million in Q1 2024, with a 33% increase per mcfe [84]. - Income tax expense decreased to $12.7 million in Q1 2025 from $18.2 million in Q1 2024 [93].

FORT WORTH, Texas, April 22, 2025 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2025 financial results. First Quarter 2025 Highlights – Cash flow from operating activities of $330 millionCash flow from operations, before working capital changes, of $397 millionRepurchased $68 million of shares, paid $22 million in dividends, and reduced net debt by $42 millionCapital spending was $147 million, approximately 22% of the annual 2025 budgetRealized price, includi ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Range Resources (RRC) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 22. ...

Investors looking for stocks in the Oil and Gas - Exploration and Production - United States sector might want to consider either Range Resources (RRC) or Viper Energy Partners (VNOM) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revisio ...

Core Viewpoint - Range Resources Corporation will release its first quarter 2025 financial results on April 22, 2025, after the market closes [1] Group 1: Financial Results Announcement - The financial results news release is scheduled for April 22, 2025, after the close of trading on the New York Stock Exchange [1] - A conference call to review the financial results will take place on April 23, 2025, at 9:00 a.m. ET [2] - The conference call will be accessible via a webcast, which will be archived for replay until May 23, 2025 [2] Group 2: Company Overview - Range Resources Corporation is a leading independent natural gas and NGL producer in the U.S., primarily operating in the Appalachian Basin [3] - The company is headquartered in Fort Worth, Texas [3] - Additional information about Range Resources can be found on their official website [3]

Industry Insights - The American Exploration and Production Council (AXPC) hosted a visit by Secretary Doug Burgum to a hydraulic fracturing site in Pennsylvania, emphasizing the role of local oil and gas in meeting U.S. energy needs [1][2] - The event showcased Halliburton's Zeus® intelligent electric fracturing platform, highlighting how innovation can enhance domestic energy supply while reducing emissions and costs [2][3] - The visit underscored the potential for American energy producers to meet increasing demand both domestically and internationally, while also supporting local communities and driving emissions reductions [3] Company Highlights - AXPC CEO Anne Bradbury stated that with appropriate policies, energy production can grow, supporting jobs and lowering costs for families while reducing emissions [3] - EQT's President and CEO Toby Z. Rice noted the significance of the Administration's visit to Appalachia, recognizing the region's importance in securing America's energy future [3] - Halliburton's President for the Western Hemisphere, Mark Richard, emphasized the evolution of hydraulic fracturing technology and its role in maximizing production and efficiency [3] - Range Resources' CEO Dennis Degner highlighted the readiness of Pennsylvanians to contribute to U.S. energy needs, advocating for leveraging American energy to enhance national security and innovation [3]

Company Overview - Range Resources (RRC) shares have increased by approximately 3.4% over the past month, outperforming the S&P 500 [1] - The most recent earnings report is crucial for understanding the catalysts affecting the stock [1] Earnings Estimates - Estimates for Range Resources have trended downward in the past month [2] - The stock has a Zacks Rank of 3 (Hold), indicating expectations for an in-line return in the coming months [4] VGM Scores - Range Resources has a subpar Growth Score of D, a Momentum Score of A, and a Value Score of D, placing it in the bottom 40% for the value investment strategy [3] Industry Performance - Range Resources is part of the Zacks Oil and Gas - Exploration and Production - United States industry [5] - Cheniere Energy (LNG), another player in the same industry, has seen a 6.2% increase in its stock price over the past month [5] - Cheniere Energy reported revenues of $4.44 billion for the last quarter, reflecting an 8% year-over-year decline, with an EPS of $4.33 compared to $5.76 a year ago [6]

Group 1 - The article emphasizes the importance of providing alpha-generating investment ideas and encourages readers to evaluate the author's performance based on past results [1] - The investment strategy is generalist, focusing on sectors with perceived alpha potential compared to the S&P 500, with typical holding periods ranging from a few quarters to multiple years [1] - The article suggests reviewing the ratings history of published articles as an indicator of the author's investment skill and the effectiveness of recommendations [1] Group 2 - The author has disclosed a beneficial long position in shares of RRC and VOO, indicating a personal investment interest in these stocks [2] - The article expresses the author's personal opinions and clarifies that no compensation is received from companies mentioned, ensuring independence in analysis [2] - Seeking Alpha's disclosure notes that past performance does not guarantee future results and that the views expressed may not reflect the platform's overall stance [3]

Core Viewpoint - Investors in the Oil and Gas - Exploration and Production sector should consider Permian Resources (PR) and Range Resources (RRC) for potential value investment opportunities [1] Valuation Metrics - Permian Resources has a forward P/E ratio of 8.04, while Range Resources has a forward P/E of 12.14 [5] - The PEG ratio for PR is 3.62, compared to RRC's PEG ratio of 4.67, indicating PR may have better growth prospects relative to its valuation [5] - PR's P/B ratio is 1.04, significantly lower than RRC's P/B of 2.39, suggesting PR is more undervalued based on book value [6] Earnings Outlook - Permian Resources is currently experiencing an improving earnings outlook, which enhances its attractiveness in the Zacks Rank model [7] - The Zacks Rank for PR is 2 (Buy), while RRC holds a Zacks Rank of 3 (Hold), indicating a stronger positive earnings estimate revision trend for PR [3]

Core Insights - Range Resources (NYSE: RRC) reported 2024 results that met expectations and provided formal guidance for 2025, indicating stability in performance [2] - The 2025 guidance aligns closely with prior modeling, although it anticipates slightly lower prices for Natural Gas Liquids (NGLs) [2] Company Overview - Range Resources is focused on the energy sector, particularly in the context of value opportunities and distressed plays [2] - The company has a significant analytical backing, with insights from experienced analysts like Aaron Chow, who has over 15 years of experience [2] Analyst Background - Aaron Chow, known as Elephant Analytics, co-founded a mobile gaming company that was acquired by PENN Entertainment and has a strong analytical background [2] - The Distressed Value Investing group, led by Chow, emphasizes both value opportunities and distressed investments within the energy sector [2]