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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.
Although the revenue and EPS for Range Resources (RRC) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.