Range Resources (RRC) Tops Q3 EPS by 11c

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Range Announces Third Quarter 2023 Results

October 24, 2023 4:45 PM EDT

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

Third Quarter 2023 Highlights

Cash flow from operating activities of $150 millionCash flow from operations, before working capital changes, of $240 millionCapital spending was $151 million, approximately 25% of the 2023 budgetProduction averaged 2.12 Bcfe per day, approximately 68% natural gasPrice realizations including hedges of $3.09 per mcfe premium of $0.54... More