Range Resources (NYSE: RRC) reported Q3 EPS of $0.05, $0.03 better than the analyst estimate of $0.02. Revenue for the quarter came in at $587 million versus the consensus estimate of $514.77 million.

Highlights

• Year to date 2017 GAAP net income was $112 million, or $0.45 per diluted share, compared to a net loss of $361 million, or $2.10 per share in the comparable period of 2016
• Year to date net cash provided from operating activities (GAAP) was $601 million, compared to $206 million in the comparable period of 2016, an improvement of 192% while year to date cash flow from operations before changes in working capital, (non-GAAP), reached $656 million, compared to $316 million, an improvement of 108%
• Two recently completed Marcellus super-rich pads were brought on line with average per well 24-hour IPs of 41.3 Mmcfe per day, containing 64% liquids, with 20% being condensate
• Record third quarter production totaled 1.99 Bcfe per day, an increase of 32% compared to the prior-year quarter
• Third quarter NGL pre-hedge realized prices improved to $16.93 per barrel versus $11.17 per barrel in the prior-year quarter, a 52% improvement
• Third quarter natural gas price differential including the impact of basis hedges improved to minus ($0.51) per mcf, compared to minus ($0.68) in the prior-year quarter, a 25% improvement
• Third quarter crude oil and condensate realized prices improved to $4.80 per barrel below WTI versus $5.81 per barrel below WTI in the prior-year quarter, a 17% improvement

For earnings history and earnings-related data on Range Resources (RRC) click here.