Range Resources — Apr 22, 2025 release

    Full Year 2025 Expense Guidance   Direct operating expense: $0.12 - $0.14 per mcfe Transportation, gathering, processing and compression expense: $1.50 - $1.55 per mcfe Taxes other than income: $0.03 - $0.04 per mcfe Exploration expense: $24 - $28 million G&A expense: $0.17 - $0.19 per mcfe Net Interest expense: $0.12 - $0.13 per mcfe DD&A expense: $0.45 - $0.46 per mcfe Net brokered gas marketing expense: $8 - $12 million     Updated Full Year 2025 Price Guidance   Based on recent market indications, Range expects to average the following price differentials for its production in 2025.   FY 2025 Natural Gas: (1) NYMEX minus $0.40 to $0.48 FY 2025 Natural Gas Liquids: (2) MB plus $0.25 to $1.25 per barrel FY 2025 Oil/Condensate: WTI minus $10.00 to $15.00   (1) Including 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 portions of its expected future production volumes to increase the predictability of cash flow and maintain a strong, flexible financial position. Please see the detailed hedging schedule posted on the Range website under Investor Relations - Financial Information.   Range has also hedged basis across the Company’s numerous natural gas sales points to limit volatility between benchmark and regional prices. The combined fair value of natural gas basis hedges as of March 31, 2025, was a net gain of $11.7 million.     Conference Call Information   A conference call to review the financial results is scheduled on Wednesday, April 23 at 8:00 AM Central Time (9:00 AM Eastern Time). Please click here to pre-register for the conference call and obtain a dial in number with passcode.   A simultaneous webcast of the call may be accessed at www.rangeresources.com . The webcast will be archived for replay on the Company's website