Quarterly ResultApr 22, 2026, 11:06 AM
Range Resources Q1 2026 Cash Flow $619M, Net Debt Down $384M
AI Summary
Range Resources Corporation announced strong first quarter 2026 financial results, reporting cash flow from operating activities of $619 million and cash flow from operations, before working capital changes, of $545 million. The company significantly reduced net debt by $384 million and returned capital to shareholders through $27 million in share repurchases and $24 million in dividends. Production averaged 2.21 Bcfe per day, with capital spending at $139 million, representing 21% of the annual budget. CEO Dennis Degner highlighted a "great start" to 2026, executing their disciplined growth plan.
Key Highlights
- Cash flow from operating activities was $619 million.
- Cash flow from operations (before working capital) was $545 million.
- Net debt was reduced by $384 million.
- Company repurchased $27 million in shares and paid $24 million in dividends.
- Production averaged 2.21 Bcfe per day, with 32% liquids.
Price Impact
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