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Range is committed to returns focused growth, on a per share debt-adjusted basis. Range plans to prudently grow production volumes with capital discipline and one of the lowest cost structures in the industry.
Range is nearing an inflection point in the Marcellus and continues to improve well results in North Louisiana. In the Marcellus, the last of the company’s natural gas transportation projects are coming on line , which will allow Range to develop the Marcellus long-term, while accessing better priced markets. This buildout has been years in the making and we believe Range’s combination of high-quality assets and infrastructure provide a solid foundation to deliver strong returns for many years.
Recent Releases
04/16/2018Range Announces Credit Facility Renewal and ExtensionFORT WORTH, Texas, April 16, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) today announced that it has renewed and extended its revolving credit facility. The new five-year agreement with a syndicate of twenty-seven financial institutions has a maximum facility size of $4 billion and maintains a borrowing base of $3 billion with $2 billion in commitments. The agreement maintains existing borrowing costs and structure, including the option to release all collateral upon the re... |
| |  | 04/12/2018Range Announces Retirement of Executive Vice President and COO Ray N. WalkerFORT WORTH, Texas, April 12, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) today announced that, effective April 13, 2018, after 42 years in the industry Ray Walker will retire from his position as Executive Vice President and Chief Operating Officer. Dennis Degner, SVP of Operations will continue to oversee operations for both the Marcellus and North Louisiana divisions.
Commenting, Jeff Ventura, Chairman and CEO said, “We appreciate the knowledge and experience Ray brou... |
| |  | 04/03/2018Range Announces Conference Call to Discuss First Quarter 2018 Financial ResultsFORT WORTH, Texas, April 03, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) announced today that its first quarter 2018 financial results news release will be issued Wednesday, April 25 after the close of trading on the New York Stock Exchange.
A conference call to review the financial results is scheduled on Thursday, April 26 at 9:00 a.m. ET (8:00 a.m. CT). To participate in the call, please dial 866-900-7525 and provide conference code 6068166 about 10 minutes prior to ... |
| |  | 03/01/2018Range Declares Quarterly DividendFORT WORTH, Texas, March 01, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the first quarter. A dividend of $0.02 per common share is payable on March 30, 2018 to stockholders of record at the close of business on March 16, 2018.
RANGE RESOURCES CORPORATION (NYSE:RRC) is a leading U.S. independent natural gas, NGL and oil producer with operations focused in stacked-pay p... |
| |  | 02/27/2018Range Announces Fourth Quarter and Year-End 2017 ResultsFORT WORTH, Texas, Feb. 27, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) today announced its fourth quarter and year-end 2017 financial results.
Highlights –
GAAP earnings for 2017 reached $333 million ($1.34 per diluted share) versus a loss of $521 million ($2.75 per diluted share) in 2016
Net cash provided from operating activities in 2017 increased to $816 million in 2017 compared to $387 million in 2016, an increase of 111%
GAAP revenues increased to $2.6... |
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