Range Resources Q2 Earnings Call Highlights

3 Energy Stocks to Watch Now as LNG Demand Surges Range Resources (NYSE:RRC) said its second-quarter 2026 operations kept the company on track with a multi-year growth plan, as executives pointed to record drilling and completion efficiency, rising production and higher pricing...</strong

3 Energy Stocks to Watch Now as LNG Demand Surges Range Resources (NYSE:RRC) said its second-quarter 2026 operations kept the company on track with a multi-year growth plan, as executives pointed to record drilling and completion efficiency, rising production and higher pricing…

pectations for natural gas liquids and natural gas. Chief Executive Officer Dennis Degner said the quarter marked “a unique milestone” as Range reached the midpoint of the growth plan it announced early last year

He said the company’s cost structure, well performance and marketing portfolio are supporting free cash flow while Range grows production. – These energy stocks are most-upgraded amid falling oil prices Second-quarter production averaged 2.3 billion cubic feet equivalent per day, Degner said. Range expects production to rise ratably through the rest of the year, reaching 2.5 Bcfe per day by year-end as gas processing and related infrastructure move through commissioning. Executives said that outlook remains consistent with prior guidance and positions the company for 2027.

Operational efficiency drives record activity Range reported second-quarter capital spending of $222 million. Degner said the company added a second completion crew to work through part of its drilled-but-uncompleted inventory that had accumulated over the prior 24 months. The quarter also included a spot horizontal rig for a single pad development expected to turn to sales later this year. – 10 Best Natural Gas Stocks to Buy Now Degner said Range expects to return to a single horizontal rig and single frac crew in the fourth quarter, keeping capital plans aligned with prior guidance.

Leave a Reply

Your email address will not be published. Required fields are marked *