Range Announces Third Quarter 2026 Results
Key Highlights
- ➤Net income $175 million, or $0.75 per diluted share
- ➤Adjusted net income $191 million, or $0.81 per diluted share
- ➤Record liquids production reached 133,173 barrels per day
- ➤Operating cash flow totaled $308 million; capital spending was $170 million
- ➤Pending EQT transaction expected to expand market access and accelerate growth
Expert Statements
Dennis Degner, CEO of Range Resources Corporation
“Our third quarter results showed consistent progress on our multi-year development plan, as key infrastructure was commissioned in Range’s liquids-rich area.”
Dennis Degner, CEO of Range Resources Corporation
“As a result of strong well performance and expanded infrastructure, Range’s liquids production increased to a Company record of over 130,000 barrels per day.”
Dennis Degner, CEO of Range Resources Corporation
“Increased liquids production, paired with strategic access to international markets, drove strong cash margins and free cash flow during the quarter, further bolstering Range’s financial position.”
Dennis Degner, CEO of Range Resources Corporation
“We have considerable momentum across our business and will be exiting 2026 in the strongest position in Range’s history.”
Dennis Degner, CEO of Range Resources Corporation
“We believe our pending transaction with EQT Corporation is a natural next step in our journey that will allow us to scale our business, expand our reach to meet demand and accelerate our mission.”
Dennis Degner, CEO of Range Resources Corporation
“With EQT, we will have improved market access, best-in-class inventory, enhanced cash flow generation, and fortified resiliency to drive profitable growth and shareholder value creation through commodity cycles.”
Dennis Degner, CEO of Range Resources Corporation
“We look forward to completing the transaction and unlocking its compelling benefits for our team, customers, partners and shareholders.”
FORT WORTH, Texas, Oct. 27, 2026 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its third quarter 2026 financial results.
Third Quarter 2026 Highlights – * Cash flow from operating activities of $308 million * Cash flow from operations, before working capital changes, of $347 million * Capital spending was $170 million, approximately 25% of the annual 2026 budget * Realized price, including hedges, was $3.43 per mcfe – a $0.48 premium versus NYMEX natural gas * Pre-hedge NGL realizations of $27.54 per barrel, a premium of $1.54 over the Mont Belvieu equivalent * Production averaged 2.50 Bcfe per day, approximately 68% natural gas * Record liquids production of 133,173 barrels per day Dennis Degner, the Company’s CEO said, “Our third quarter results showed consistent progress on our multi-year development plan, as key infrastructure was commissioned in Range’s liquids-rich area. As a result of strong well performance and expanded infrastructure, Range’s liquids production increased to a Company record of over 130,000 barrels per day. Increased liquids production, paired with strategic access to international markets, drove strong cash margins and free cash flow during the quarter, further bolstering Range’s financial position.
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