Range Resources (RRC) Tops Q1 EPS by 16c

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Go back to Range Resources (RRC) Tops Q1 EPS by 16c

Range Announces First Quarter 2023 Results

April 24, 2023 4:35 PM EDT

FORT WORTH, Texas, April 24, 2023 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2023 financial results.

First Quarter 2023 Highlights

Cash flow from operating activities of $475 millionCash flow from operations, before working capital changes, of $400 millionCapital spending was $152 million, approximately 26% of the 2023 budgetRepurchased 400,000 shares at an average of $24.16 per shareAccumulated cash balance of $228 millionPrice realizations including hedges of $4.00 per... More