Range Resources (RRC) Tops Q2 EPS by 6c

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Range Announces Second Quarter 2020 Financial Results & North Louisiana Asset Sale

August 3, 2020 5:00 PM EDT

FORT WORTH, Texas, Aug. 03, 2020 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its second quarter 2020 financial results. 

Second Quarter Highlights

Well costs averaged less than $600 per lateral foot, including facility costs, the lowest in AppalachiaTransportation, gathering, processing and compression expense improved $0.15 per mcfe, or 10% versus prior yearDirect operating expense improved $0.05 per mcfe, or 31% versus prior yearG&A expense (before certain items) improved $0.05 per mcfe, or 28% versus prior yearProduction taxes improved $0.02 per mcfe, or 40% versus prior... More