Range Resources (RRC) Tops Q1 EPS by 5c

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Range Announces First Quarter 2020 Financial Results

April 30, 2020 5:30 PM EDT

FORT WORTH, Texas, April 30, 2020 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2020 financial results. 

First Quarter Highlights

GAAP cash flow provided from operating activities of $125 million, and non-GAAP cash flow of $125 millionGAAP net income of $145 million ($0.58 per diluted share), and non-GAAP net income of $10 million ($0.04 per diluted share)Cash unit costs of $1.93 per mcfe, an improvement of $0.20 per mcfe versus prior-year periodNatural gas differentials, including basis hedging, averaged $0.12 per mcf below NYMEXNGL... More