For the second quarter of fiscal 2026 ended June 30, 2026, Range Resources reported revenue of $833.6 million, a decrease of 2.7% year-over-year. Net income was $195.3 million, down 17.8% from the prior year period. Diluted earnings per share were $0.83, a decline of 16.2%.
•Revenue decreased 2.7% YoY to $833.6 million.
•Net income fell 17.8% YoY to $195.3 million.
•Diluted EPS was $0.83, down 16.2% YoY.
•Cash and equivalents were $0.2 million, with long-term debt of $867.1 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Range Resources is an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas, NGLs, and oil properties located in the Appalachian region.
It sells natural gas to utilities, marketing and midstream companies, and industrial users. Its portfolio also includes NGLs to petrochemical end users, refiners, marketers/traders, and natural gas processors, and oil to crude oil processors, transporters, and refining and marketing companies. Founded in 1976 and headquartered in Fort Worth, Texas, Range Resources was formerly known as Lomak Petroleum Inc. before rebranding in July 1992.
Range Resources Corporation is an independent energy company focused on the exploration, development, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. The company primarily operates in the Appalachian region, targeting natural gas and associated hydrocarbons. Its operations involve drilling and producing these resources from underground reservoirs. Range Resources sells natural gas to utilities, marketing and midstream companies, and industrial users. Additionally, it markets NGLs to petrochemical end users, refiners, marketers, traders, and natural gas processors, while oil is sold to crude oil processors, transporters, and refining and marketing companies. The company was founded in 1976 and is headquartered in Fort Worth, Texas.
Where is Range Resources (RRC) listed and in what currency?
Range Resources Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol RRC. The company's financial reporting and stock trading are conducted in US Dollars (USD). As a US-based company, its shares are traded in the primary US stock exchange, providing liquidity and accessibility to global investors. The NYSE listing ensures compliance with rigorous regulatory standards and offers transparency through regular financial disclosures. Investors can buy and sell RRC shares during regular trading hours on the NYSE, with prices quoted in USD. The company's market capitalization and trading volumes reflect its position within the energy sector.
What sector and industry does Range Resources (RRC) operate in?
Range Resources Corporation operates in the Energy sector, specifically within the Oil & Gas Exploration and Production (E&P) industry. As an E&P company, its core activities involve finding, developing, and producing natural gas, natural gas liquids (NGLs), and oil from subsurface reservoirs. The company focuses on the Appalachian region, a prolific natural gas basin in the eastern United States. Being in the E&P industry means Range Resources bears the risks and rewards of commodity price fluctuations, drilling success, and operational efficiency. Its performance is closely tied to natural gas and oil prices, as well as technological advancements in horizontal drilling and hydraulic fracturing. The company competes with other independent E&P firms in the region.
Where is Range Resources (RRC) headquartered and what markets does it serve?
Range Resources Corporation is headquartered in Fort Worth, Texas, United States. The company primarily serves the domestic US market, with its operations concentrated in the Appalachian region, which spans parts of Pennsylvania, Ohio, West Virginia, and surrounding states. Its customer base includes utilities, marketing and midstream companies, industrial users, petrochemical end users, refiners, and crude oil processors. By selling natural gas, NGLs, and oil to these entities, Range Resources plays a key role in supplying energy to various sectors of the US economy. The company's geographic focus on the Appalachian Basin allows it to leverage proximity to major demand centers in the northeastern and mid-Atlantic US. Founded in 1976, the company has a long history in the domestic energy industry.
How does Range Resources (RRC) make money?
Range Resources generates revenue by selling the natural gas, natural gas liquids (NGLs), and oil it produces from its properties in the Appalachian region. The company's business model involves exploring for, developing, and acquiring hydrocarbon reserves, then extracting and marketing these commodities to a diverse customer base. Natural gas is sold to utilities, marketing and midstream companies, and industrial users. NGLs are marketed to petrochemical end users, refiners, marketers/traders, and natural gas processors. Oil is sold to crude oil processors, transporters, and refining and marketing companies. Revenue is primarily driven by production volumes and commodity prices. The company also manages its portfolio through acquisitions and divestitures to optimize asset value. Founded in 1976 and headquartered in Fort Worth, Texas, Range Resources focuses on operational efficiency and cost management to enhance profitability.