Your Portal for Key Energy Information and Research

Range Resources Corporation

Company Summary

Description

Range Resources Corporation is a leading U.S. independent oil and natural gas producer with operations focused in Appalachia. The Company pursues an organic growth strategy targeting high return, low-cost projects within its large inventory of low risk development drilling opportunities. Range's common stock is listed on the New York Stock Exchange under the symbol "RRC."

Website

http://www.rangeresources.com/company

Operational Regions

  • Marcellus Shale
  • Texas Panhandle
  • SCOOP
  • Oklahoma STACK Play

Financial Data:

NYSE:RRC from Google Finance

Tickers:

  • RRC - New York Stock Exchange

Related Entities

Firm Transport Commitments

Project: Adair Southwest Project
Firm Commitment: 200,000 Dth/d

Project: Gulf Markets Expansion Phase I
Firm Commitment: 0

Project: Rover Pipeline LLC
Firm Commitment: 400 Mmcf/d

Project: Leach Xpress
Firm Commitment: 300 Mmcf/d

Project: PTT Ohio Ethane Cracker
Firm Commitment: 15 M Bbls/d

Recent news

  • 2/22/2024 - Range Resources Guiding... (subscriber access)
  • 2/7/2024 - Range Resources Reports... (subscriber access)
  • 10/25/2023 - Range Provides Update on... (subscriber access)
  • 10/25/2023 - Range Holds 3,000... (subscriber access)
  • 10/25/2023 - Range Resources Reports... (subscriber access)

Investor Presentations

  • 1Q23 Earnings Presentation
  • 4Q22 Earnings Presentation (subscriber access)
  • 3Q22 Investor Presentation (subscriber access)
  • Range Resources 2Q22 Earnings (subscriber access)
  • 4Q21 Earnings Presentation (subscriber access)
  • 3Q21 Earnings Presentation (subscriber access)
  • 2Q21 Earnings Presentation (subscriber access)
  • 1Q21 Earnings Presentation (subscriber access)
  • 4Q20 Earnings Presentation (subscriber access)
  • 3Q20 Investor Presentation (subscriber access)
  • 2Q20 Investor Presentation (subscriber access)
  • 1Q20 Investor Presentation (subscriber access)
  • 4Q19 Investor Presentation (subscriber access)
  • January 2020 Investor Deck (subscriber access)
  • 2Q19 Investor Presentation (subscriber access)
  • 1Q19 Investor Presentation (subscriber access)
  • 4Q18 Investor Presentation (subscriber access)
  • 3Q18 Investor Presentation (subscriber access)
  • 2Q18 Investor Presentation (subscriber access)
  • 1Q18 Investor Presentation (subscriber access)
  • Fourth Quarter 2017 Earnings Slides (subscriber access)
  • January 2018 Corporate Presentation (subscriber access)
  • Cowen and Company Energy & Natural Resources Conference - December 04, 2017 (subscriber access)
  • Company Presentation - December 01, 2017 (subscriber access)
  • October 2017 Earnings Presentation (subscriber access)
  • August 2017 Investor Presentation (subscriber access)
  • 1Q17 Earnings Presentation (subscriber access)
  • 4Q16 Earnings Presentation (subscriber access)
  • 3Q16 Investor Presentation (subscriber access)
  • Company Presentation - July 26, 2016 (subscriber access)
  • 1Q16 Earnings (subscriber access)
  • March 2016 Weil Energy Conference (subscriber access)
  • Company Presentation – January 6, 2016 (subscriber access)
  • Company Presentation – February 25, 2016 (subscriber access)

Company Transactions

Date: 8/30/2020
Type: Acquisition

DETAILS:

COST: 245 $MM

VOLUMES: 160 Mmcfe/d

NOTES:
Castleton Resources, a JV between Tokyo Gas and Castleton Commodities, has entered into a deal with Range Resources to purchase their Terryville upstream assets in Northern Louisiana for $245 million plus $90 million in contingent payments determined by future commodity prices. Concurrent with the purchase, Tokyo Gas' position in Castleton Resources will ruse from 46% to 70% once the deal closes.
REGIONS:
  • Haynesville-Bossier Shale
  • Date: 9/30/2019
    Type: Acquisition

    DETAILS:

    COST: 150 $MM

    VOLUMES: 0.5 Percent

    NOTES:
    Range Resources reported that they entered into a deal to sell off another 0.5% in proportionately reduced overriding royalty interest for $150 million. The sale is linked with the prior royalty sale that applies to a 350,000-acre net surface area in SW Appalachia.
    REGIONS:
  • Appalachia
  • Date: 7/25/2019
    Type: Acquisition

    DETAILS:

    COST: 300 $MM

    VOLUMES: 1 Percent

    NOTES:
    Lime Rock Resources closed on the acquisition of a 1% non-operated overriding royalty interest from Range Resources on natural gas properties in the Marcellus Shale for $300 million.
    REGIONS:
  • Marcellus Shale
  • Date: 7/19/2019
    Type: Acquisition

    DETAILS:

    COST: 600 $MM

    VOLUMES: 1.9 Bcfe/d

    REGIONS:
  • Marcellus Shale
  • Utica
  • Date: 7/19/2019
    Type: Acquisition

    DETAILS:

    COST: 34 $MM

    ACRES: 20000 Acres

    NOTES:
    Range Resources completed the sale of certain non-producing acreage in Pennsylvania for $34 million. The properties sold included roughly 20,000 acres in northwest Armstrong County.

    Date: 10/15/2018
    Type: Acquisition

    DETAILS:

    COST: 300 $MM

    VOLUMES: 1 Percent

    ACRES: 300000 Acres

    NOTES:
    Range Resources closed on an agreement to sell a proportionally reduced 1% overriding royalty interest in its Washington County, Pennsylvania leases for gross proceeds of $300 million. The Company's Washington county properties make up roughly 300,000 net acres which produced 1.8 Bcfe/d in 3Q18. Range Resources will maintain an 82% net revenue interest on the acreage post-close.
    REGIONS:
  • Utica
  • Marcellus Shale
  • Date: 9/15/2016
    Type: Merger

    DETAILS:

    COST: 4.4 $B

    VOLUMES: 70 MBOE/d

    ACRES: 220000 Acres

    REGIONS:
  • Appalachia
  • Gulf Coast
  • Date: 5/23/2016
    Type: Acquisition

    DETAILS:

    COST: 112 $MM

    VOLUMES: 21 Mmcfe/d

    NOTES:
    29.5% Stake in the Range's Marcellus Assets
    REGIONS:
  • Marcellus Shale