Range Resources — Jul 21, 2026 release

Annual production is expected to be approximately 2.35 - 2.40 Bcfe per day in 2026. Liquids are expected to be over 30% of production.     Full Year 2026 Expense Guidance       Direct operating expense: $0.12 - $0.13 per mcfe   Transportation, gathering, processing and compression expense (GP&T): $1.55 - $1.60 per mcfe   Taxes other than income: $0.03 - $0.04 per mcfe   Exploration expense: $22 - $28 million   G&A expense: $0.17 - $0.18 per mcfe   Net Interest expense: $0.07 - $0.09 per mcfe   DD&A expense: $0.45 - $0.46 per mcfe   Net brokered gas marketing expense: $8 - $12 million       Updated Full Year 2026 Price Guidance   Based on recent market indications, Range expects to average the following price differentials for its production in 2026.     Updated Guidance   Prior Guidance   FY 2026 Natural Gas: (1) NYMEX minus $0.35 to $0.40   NYMEX minus $0.35 to $0.45   FY 2026 Natural Gas Liquids: (2) MB plus $2.00 to $2.50 per barrel   MB plus $1.25 to $2.50 per barrel   FY 2026 Oil/Condensate: WTI minus $10.00 to $12.00   WTI minus $10.00 to $14.00     (1) Includes basis hedging (2) Mont Belvieu-equivalent pricing based on weighting of 53% ethane, 27% propane, 8% normal butane, 4% iso-butane and 8% natural gasoline.     Hedging Status   Range hedges po