RRC Stock Recent News

Range Resources Corporation (NYSE:RRC ) Q1 2024 Earnings Conference Call April 24, 2024 9:00 AM ET Company Participants Laith Sando - Vice President, Investor Relations Dennis Degner - Chief Executive Officer Mark Scucchi - Chief Financial Officer Alan Engberg - Vice President Liquid Marketing Conference Call Participants Michael Scialla - Stephens Bertrand Donnes - Truist Paul Diamond - Citi Nitin Kumar - Mizuho Jake Roberts - TPH & Company Leo Mariani - Roth MKM Noel Parks - Tuohy Brothers Investment Research Operator Hello. Welcome to the Range Resources First Quarter 2024 Earnings Conference Call.

Range Resources (RRC) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.99 per share a year ago.

FORT WORTH, Texas, April 05, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its first quarter 2024 financial results news release will be issued Tuesday, April 23 after the close of trading on the New York Stock Exchange.

Despite current headwinds, I'm bullish on the future of natural gas due to strong international demand growth, current unusual headwinds, and slowing production growth. Range Resources stands out due to very efficient operations, a healthy balance sheet, an attractive valuation, and the potential for aggressive buybacks. While I believe RRC is at least 60% undervalued, investors need to be aware of its volatile profile and related risks.

Range Resources' (RRC) fourth-quarter earnings gain from higher production and lower total costs and expenses. However, declining realized commodity prices offset the positive.

While the top- and bottom-line numbers for Range Resources (RRC) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Range Resources (RRC) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $1.30 per share a year ago.

FORT WORTH, Texas, Jan. 17, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its fourth quarter 2023 financial results news release will be issued Wednesday, February 21 after the close of trading on the New York Stock Exchange.

Range Resources (RRC) boasts decades of low-risk drilling inventory in Appalachia, brightening its production outlook.

Natural gas prices have fallen by roughly 30% since the end of October due to unfavorable supply and demand dynamics and the El Niño 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.