Range Resources (RRC) Tops Q3 EPS by 8c
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Range Announces Third Quarter 2018 Financial Results
October 23, 2018 5:00 PM EDTFORT WORTH, Texas, Oct. 23, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its third quarter 2018 financial results.Â
Highlights
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 millionProduction averaged a record 2,267 Mmcfe per day, an increase of 14% compared to third quarter 2017Southwest Pennsylvania production increased 29% over the prior-year period to 1,872 Mmcfe per dayLiquids production averaged a record 122,783 barrels per day, an... More