Range Resources (RRC) Tops Q4 EPS by 5c

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Range Announces Fourth Quarter and Year-End 2019 Results

February 27, 2020 5:15 PM EST

FORT WORTH, Texas, Feb. 27, 2020 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its fourth quarter and full-year 2019 financial results. 

Highlights

All-in 2019 capital spending was $728 million, approximately $28 million less than the original budgetSold assets for gross proceeds of $785 million in 2019 to reduce debtFourth quarter cash unit costs improved by $0.26 per mcfe compared to prior year periodYear-end proved reserves increased to 18.2 Tcfe, with 95% from Marcellus... More