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RRC

Range Resources Corporation

RRC

Range Resources Corporation • NYSE
$39.49 ▲ 2.68% (+1.03)
Market Cap $9.36 B
52w High $43.50
52w Low $30.32
Dividend Yield 0.35%
P/E 16.59
Volume 1.55M
Outstanding Shares 236.94M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $655.588M ▼ $47.628M ▼ $144.307M ▼ 22.012% ▼ $0.61 ▼ $301.405M ▼
Q2-2025 $699.647M ▼ $57.909M ▲ $237.578M ▲ 33.957% ▲ $0.99 ▲ $420.352M ▲
Q1-2025 $846.328M ▲ $55.069M ▼ $97.052M ▲ 11.467% ▼ $0.4 ▲ $229.455M ▲
Q4-2024 $666.983M ▲ $61.029M ▲ $94.842M ▲ 14.22% ▲ $0.39 ▲ $185.776M ▼
Q3-2024 $567.909M $53.977M $50.656M 8.92% $0.21 $186.667M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $175K ▲ $7.198B ▲ $2.994B ▲ $4.204B ▲
Q2-2025 $134K ▼ $7.105B ▼ $2.978B ▼ $4.127B ▲
Q1-2025 $344.574M ▲ $7.383B ▲ $3.443B ▲ $3.939B ▲
Q4-2024 $304.49M ▲ $7.348B ▲ $3.411B ▲ $3.937B ▲
Q3-2024 $277.45M $7.241B $3.373B $3.868B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $144.921M ▼ $247.545M ▼ $-169.914M ▼ $-77.59M ▲ $41K ▲ $564.356M ▲
Q2-2025 $236.964M ▲ $336.19M ▲ $-149.83M ▲ $-530.8M ▼ $-344.44M ▼ $176.979M ▲
Q1-2025 $97.052M ▲ $330.083M ▲ $-162.495M ▼ $-127.504M ▼ $40.084M ▲ $172.483M ▲
Q4-2024 $94.842M ▲ $217.89M ▼ $-151.228M ▲ $-39.622M ▲ $27.04M ▲ $68.43M ▼
Q3-2024 $50.486M $245.919M $-156.473M $-63.048M $26.398M $89.963M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q3-2025
Natural Gas Natural Gas Liquids And Oil Sales
Natural Gas Natural Gas Liquids And Oil Sales
 $530.00M ▲$640.00M ▲$790.00M ▲$610.00M ▼
Brokered Natural Gas Marketing And Other
Brokered Natural Gas Marketing And Other
 $30.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Range Resources’ income statement shows the classic boom‑and‑cool‑down pattern of a gas producer. Revenue and profits surged in 2022 when gas prices were unusually strong, then stepped down in 2023 and 2024 as prices normalized. Even with that reset, the business has remained clearly profitable over the last three years, a major improvement from the losses seen in 2020. Operating margins are still healthy, suggesting a structurally low‑cost asset base, but earnings are sensitive to commodity prices and will likely stay volatile over the cycle.

Balance Sheet

Balance Sheet The balance sheet has steadily strengthened. Total assets have inched up, while debt has come down meaningfully from earlier years, and equity has grown. This combination points to a company that has used the upcycle to repair and fortify its finances rather than stretch them. Cash on hand is modest but better than in the past, and leverage is much more manageable than it was around 2020, giving the company more resilience against future price downturns.

Cash Flow

Cash Flow Cash generation has been a key positive. Operating cash flow has been solid and fairly steady over the last three years, even as prices cooled from the 2022 peak. After funding a consistent level of capital spending, the company has been able to produce positive free cash flow most years, a sharp contrast to the cash burn seen in 2020. This indicates that current development plans are largely being funded from internal cash rather than relying heavily on new borrowing.

Competitive Edge

Competitive Edge Range holds a strong competitive position as a low‑cost, gas‑focused producer in the core of the Marcellus. Its early move into this basin gave it a large, high‑quality acreage block that can support drilling for many years. Operational efficiency, integrated water and gathering systems, and access to multiple end‑markets all help keep costs low and pricing more diversified than many peers. At the same time, concentration in one main region and reliance on natural gas tie its fortunes closely to gas prices, regional infrastructure, and regulatory trends in Appalachia.

Innovation and R&D

Innovation and R&D Innovation for Range is centered on field technology and environmental performance rather than traditional lab‑style R&D. The company has pushed longer laterals, advanced completion designs, and aggressive water recycling to cut costs and reduce its footprint. It has also invested in emissions monitoring and reduction, reaching net‑zero for its own direct and purchased energy emissions. Looking ahead, it is positioning its gas to serve growing demand from LNG exports and power‑hungry data centers, while continuing to refine drilling and completion techniques using data analytics.

Summary

Overall, Range Resources today looks like a more efficient, financially sturdier version of itself compared with the pre‑2021 period. Earnings and cash flow are clearly stronger and more consistent than during the downturn, helped by a durable low‑cost position in a premier gas basin. The main upside drivers are its deep inventory, operational efficiency, and linkage to growing gas demand, especially for LNG and industrial uses. The main risks remain the inherent volatility of gas prices, regulatory and environmental scrutiny in its core region, and the execution challenge of growing production while preserving capital discipline and its environmental commitments.

NEWS

November 28, 2025 · 6:10 AM UTC

Range Declares Quarterly Dividend

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October 28, 2025 · 4:17 PM UTC

Range Announces Third Quarter 2025 Results

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October 1, 2025 · 4:22 PM UTC

Range Announces Conference Call to Discuss Third Quarter 2025 Financial Results

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