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Stock impact report

Range Announces Third Quarter 2024 Results [Yahoo! Finance]

Range Resources Corporation (RRC) 
Last range resources corporation earnings: 4/30 05:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.rangeresources.com
Company Research Source: Yahoo! Finance
FORT WORTH, Texas, Oct. 22, 2024 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its third quarter 2024 financial results. Third Quarter 2024 Highlights – Cash flow from operating activities of $246 million Cash flow from operations, before working capital changes, of $250 million Capital spending of $156 million, approximately 24% of the 2024 budget Pre-hedge NGL realizations of $25.96 per barrel – premium of $4.10 over Mont Belvieu equivalent Natural gas differentials, including basis hedging, averaged ($0.50) per mcf to NYMEX Production averaged 2.20 Bcfe per day, approximately 68% natural gas Repurchased 800,000 shares at an average of $30.10 per share Dennis Degner, the Company's CEO, commented, “This month marks the 20th anniversary of Range drilling the first commercial Marcellus shale well. The Marcellus and Utica now produce nearly one-third of U.S. natural gas, and the U.S. has become the leading global supplier of safe, clean, Show less Read more
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