Range Resources (NYSE:RRC) Posts Earnings Results, Beats Expectations By $0.14 EPS

Range Resources (NYSE:RRC) posted its quarterly earnings results on Tuesday. The oil and gas exploration company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.14, FiscalAI reports. The business had revenue of $759.58 million for the quarter, compared to analyst estimates of $744.78 million. Range Resources had a return on equity of 18.99% and a net margin of 25.04%.The business’s revenue was down 2.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.66 EPS.

Range Resources Stock Performance

RRC opened at $38.74 on Thursday. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.18. The business’s 50 day moving average is $38.35 and its 200-day moving average is $39.40. The stock has a market cap of $9.13 billion, a PE ratio of 10.70 and a beta of 0.41. Range Resources has a twelve month low of $32.60 and a twelve month high of $48.31.

Range Resources Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were paid a $0.10 dividend. The ex-dividend date was Friday, June 12th. This represents a $0.40 annualized dividend and a dividend yield of 1.0%. Range Resources’s dividend payout ratio (DPR) is presently 10.58%.

Key Range Resources News

Here are the key news stories impacting Range Resources this week:

• Positive Sentiment: Range Resources beat Q2 expectations, reporting EPS of $0.79 versus the $0.65 consensus and revenue of $759.6 million versus $744.8 million expected. Management also highlighted record production, stronger price realizations, and lower unit costs, all of which support the stock. RRC Q2 Earnings Beat Estimates on Higher Output & Price Realizations
• Positive Sentiment: The company said it is leaning on exports in its earnings call, which suggests it is trying to capture stronger demand and pricing opportunities in global gas markets. Range Resources Leans on Exports in Earnings Call
• Positive Sentiment: Range Resources completed its multi-year buyback program, a shareholder-friendly move that can help support per-share value. How Investors May Respond To Range Resources (RRC) Earnings Beat And Completed Multi-Year Buyback Program
• Neutral Sentiment: The company outlined 2026 gas guidance of $0.35-$0.40 per Mcf and said it is targeting 2.5 Bcfe/d by year-end, giving investors a read on production and pricing assumptions but not a clear immediate catalyst. Range Resources outlines $0.35-$0.40/Mcf 2026 gas guidance while targeting 2.5 Bcfe/d by year-end
• Neutral Sentiment: Susquehanna lowered its price target on Range Resources to $41 from $45 and kept a neutral rating. That still implies some upside, but it may temper enthusiasm around the earnings release. Susquehanna Lowers Range Resources (NYSE:RRC) Price Target to $41.00

Institutional Trading of Range Resources

Large investors have recently added to or reduced their stakes in the business. Los Angeles Capital Management LLC acquired a new position in Range Resources during the 4th quarter worth $34,000. Parkside Financial Bank & Trust raised its stake in shares of Range Resources by 50.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,413 shares of the oil and gas exploration company’s stock valued at $85,000 after purchasing an additional 807 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Range Resources by 13.0% during the fourth quarter. UMB Bank n.a. now owns 2,431 shares of the oil and gas exploration company’s stock valued at $86,000 after purchasing an additional 279 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Range Resources by 63.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,932 shares of the oil and gas exploration company’s stock worth $119,000 after purchasing an additional 1,139 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. acquired a new stake in Range Resources in the third quarter worth about $231,000. 98.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on RRC shares. Morgan Stanley dropped their target price on shares of Range Resources from $50.00 to $44.00 and set an “equal weight” rating on the stock in a report on Monday, June 29th. Truist Financial lowered their price objective on shares of Range Resources from $46.00 to $43.00 and set a “hold” rating for the company in a research report on Friday, July 10th. Zacks Research lowered shares of Range Resources from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Bank of America raised their target price on shares of Range Resources from $38.00 to $44.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. Finally, Freedom Capital upgraded Range Resources from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Range Resources has an average rating of “Hold” and a consensus target price of $43.18.

Range Resources Company Profile

Range Resources Corporation, headquartered in Fort Worth, Texas, is an independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids. The company focuses its core operations on the Appalachian Basin, with a significant presence in Pennsylvania’s Marcellus Shale. Through its drilling and completion activities, Range Resources seeks to optimize production efficiency while maintaining a disciplined approach to capital allocation and cost management.

The company’s technical expertise centers on advanced horizontal drilling and hydraulic fracturing techniques, which it applies to unlock unconventional resources.