Quarterly ResultJul 22, 2026, 11:06 AM
Range Resources Q2 Net Income $195M; Repurchases $78M Shares
AI Summary
Range Resources Corporation announced its second quarter 2026 results, reporting GAAP revenues of $834 million and net income of $195 million ($0.83 per diluted share). The company generated $235 million in cash flow from operating activities and $333 million in cash flow from operations before working capital changes. Range returned capital to shareholders by repurchasing $78 million of shares and paying $24 million in dividends. The company also improved its full-year 2026 price guidance for natural gas, NGLs, and oil/condensate.
Key Highlights
- Q2 2026 GAAP revenues totaled $834 million.
- Q2 2026 GAAP net income was $195 million.
- Diluted earnings per share for Q2 2026 were $0.83.
- Cash flow from operating activities reached $235 million.
- The company repurchased $78 million of shares during the quarter.
- $24 million was paid in dividends to shareholders.
- Average production was 2.30 Bcfe per day, approximately 67% natural gas.
- Net debt as of June 30, 2026, stood at $881 million.
- Full-year 2026 natural gas differential guidance improved to NYMEX minus $0.35 to $0.40.
Price Impact
More from RRC