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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.
|01/07/2019Range Provides 2018 Capital Spending and Operational Update|
|FORT WORTH, Texas, Jan. 07, 2019 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that 2018 capital spending is currently estimated to be approximately $20 million below the $941 million budgeted for the year. The Company’s 2018 program was better than budget as a result of savings from a variety of sources, including drilling efficiencies and water recycling.
Separately, the Company announced that the Houston natural gas processing and NGL fractionation facili... || |
|12/03/2018Range Declares Quarterly Dividend|
|FORT WORTH, Texas, Dec. 03, 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 fourth quarter. A dividend of $0.02 per common share is payable on December 28, 2018 to stockholders of record at the close of business on December 14, 2018.
RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas, NGL and oil producer with operations focused in stac... || |
|11/01/2018Steve Gray Appointed as Range Director|
|FORT WORTH, Texas, Nov. 01, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that Steve Gray has been appointed to the Company's Board of Directors. Mr. Gray’s appointment is effective October 30, and was mutually agreed upon by the Company’s Board of Directors and SailingStone Capital Partners, LLC. Mr. Gray will serve on the Board’s compensation committee.
Previously, Mr. Gray served as a founder, director and Chief Executive Officer of RSP Permian Inc. fro... || |
|10/23/2018Range Announces Third Quarter 2018 Financial Results|
|FORT WORTH, Texas, Oct. 23, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its third quarter 2018 financial results.
Net income of $48.5 million ($0.19 per diluted share), non-GAAP net income of $63.9 million ($0.26 per diluted share)
Cash provided from operating activities of $229 million, non-GAAP cash flow of $260 million
Production averaged a record 2,267 Mmcfe per day, an increase of 14% compared to third quarter 2017
South... || |
|10/15/2018Range Announces Appalachian Overriding Royalty Sale for $300 Million|
|FORT WORTH, Texas, Oct. 15, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that it has signed and closed on an agreement to sell a proportionately reduced 1% overriding royalty in its Washington County, Pennsylvania leases for gross proceeds of $300 million.
Range’s Washington County properties encompass approximately 300,000 net surface acres that produced 1.7 Bcfe net per day in the second quarter of 2018. The overriding royalty applies to existing and f... || |