RRC Stock Recent News
RRC LATEST HEADLINES
Natural gas prices have fallen by roughly 30% since the end of October due to unfavorable supply and demand dynamics and the El NiƱo weather pattern. Energy experts believe that natural gas prices in the US are trading at an 80% discount to global energy prices, but this discount is likely to decline in the future. Range Resources is seen as a fantastic natural gas play, as it has deep reserves, low breakeven prices, efficient operations, and the ability to reward shareholders with distributions.
Range Resources' (RRC) third-quarter earnings gain from lower total costs and expenses. However, declining realized commodity prices offset the positive.
The headline numbers for Range Resources (RRC) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Favorable commodity prices are likely to have aided Range Resources' (RRC) upstream activities in Q3.
FORT WORTH, Texas, Oct. 03, 2023 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its third quarter 2023 financial results news release will be issued Tuesday, October 24 after the close of trading on the New York Stock Exchange.
Range Resources Corporation is a natural gas-focused exploration and production company operating in the Appalachian region. Despite the decline in natural gas prices, Range Resources' stock price has increased. The company has strong fundamentals, a robust balance sheet, and substantial reserves, making it an attractive investment option.
Range Resources (RRC) boasts decades of low-risk drilling inventory in Appalachia, brightening its production outlook.
Range Resources (RRC) reported earnings 30 days ago. What's next for the stock?
Range Resources Corporation (NYSE:RRC ) Q2 2023 Earnings Conference Call July 25, 2023 9:00 AM ET Company Participants Laith Sando - VP, IR Jeff Ventura - CEO Dennis Degner - COO Mark Scucchi - CFO Alan Engberg - VP, Liquids Marketing Conference Call Participants Bernard Don - Truist Umang Choudhary - Goldman Sachs Leo Mariani - Roth MKM Roger Read - Wells Fargo Michael Scialla - Stephens Paul Diamond - Citi Jacob Roberts - TPH & Company Doug Leggate - Bank of America Operator Welcome to the Range Resources Second Quarter 2023 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
Range Resources' (RRC) second-quarter earnings gain from higher production volumes and lower total costs.