Quarterly ResultJul 21, 2026, 04:52 PM
Range Resources YTD Net Income $537M, EPS $2.27; Redeems Senior Notes
AI Summary
Range Resources reported strong year-to-date financial results, with net income rising to $536.95 million and diluted EPS increasing to $2.27 for the six months ended June 30, 2026. Total revenues and other income also saw a significant increase to $1.87 billion. The company also completed the redemption of $600 million in senior notes, demonstrating effective debt management, and increased its year-to-date dividends.
Key Highlights
- Year-to-date net income reached $536.95 million, up from $334.63 million year-over-year.
- Year-to-date diluted EPS was $2.27, an increase from $1.39 year-over-year.
- Total revenues and other income for the six months ended June 30, 2026, increased to $1.87 billion from $1.55 billion.
- Net income for Q2 2026 was $195.32 million, down from $237.58 million in Q2 2025.
- Diluted EPS for Q2 2026 was $0.83, compared to $0.99 in Q2 2025.
- The company fully redeemed $600 million of 8.25% senior notes due 2029.
- Net cash provided from operating activities for the six months was $854.15 million, up from $666.27 million.
- Dividends declared per share year-to-date increased to $0.20 from $0.18.
Price Impact
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