Range Resources — Jul 22, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000950170-25-097761
Showing in the filing
SW PA Wet
“12”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 27
SW PA Wet for FY2025
“12”
SW PA Dry for FY2025
“5”
NE PA Dry for FY2025
“4”
Natural gas differential to NYMEX for FY2025
“($0.40) to ($0.48)”
NGL differential for FY2025
“+$0.40 to +$1.25”
NGL differential to Mont Belvieu equivalent for FY2025
“+$0.40 to +$1.25”
Condensate differential for FY2025
“($10.00) to ($15.00)”
Condensate differential to NYMEX for FY2025
“($10.00) to ($15.00)”
Share repurchase program availability
“approximately $900 million”
Capital guide (high-end) for FY2025
“$680 million”
SW PA Super-Rich for FY2025
“3”
Total Wells for FY2025
“24”
Activity plans - total wells to sales for FY2025
“46”
All-in capital budget for FY2025
“$650 million - $680 million”
Annual production for FY2025
“approximately 2.225 Bcfe per day”
Liquids percentage of production for FY2025
“over 30%”
Direct operating expense for FY2025
“$0.12 - $0.13 per mcfe”
Net Interest expense for FY2025
“$0.12 - $0.13 per mcfe”
Transportation, gathering, processing and co… for FY2025
“$1.50 - $1.55 per mcfe”
Taxes other than income for FY2025
“$0.03 - $0.04 per mcfe”
Exploration expense for FY2025
“$24 - $28 million”
G&A expense for FY2025
“$0.17 - $0.18 per mcfe”
DD&A expense for FY2025
“$0.45 - $0.46 per mcfe”
Net brokered gas marketing expense for FY2025
“$8 - $12 million”
Natural Gas Liquids price differential for FY2025
“MB plus $0.40 to $1.25 per barrel”
Oil/Condensate price differential for FY2025
“WTI minus $10.00 to $15.00”
Taxes for FY2025
“approximately 23%”
Exhibit 99.1 · the passage around this item
Exhibit 99.1
NEWS RELEASE Range Announces Second Quarter 2025 Results FORT WORTH, TEXAS, July 22, 2025…RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its second quarter 2025 financial results. Second Quarter 2025 Highlights – • Cash flow from operating activities of $336 million • Cash flow from operations, before working capital changes, of $301 million • Repurchased $53 million of shares, paid $21 million in dividends, and reduced net debt to $1.2 billion • Capital spending was $154 million, approximately 23% of the annual 2025 budget • Realized price, including hedges, was $3.49 per mcfe • Natural gas differential, including basis hedging, of ($0.50) per mcf to NYMEX • Pre-hedge NGL realizations of $23.73 per barrel – a premium of $0.61 over Mont Belvieu equivalent • Production averaged 2.20 Bcfe per day, approximately 68% natural gas • Improved 2025 production guidance and increased expected lateral footage in year-end inventory, while lowering 2025 capital due to operational efficiencies. Commenting on the results, Dennis Degner, the Company’s CEO said, “This year is off to a great start with another quarter of efficiency gains and consistent well performance d
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other guidance in this release
Text is the filed exhibit, verbatim.