Range Resources — Feb 24, 2026 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-26-069413
Showing in the filing
Total Appalachia
“68”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 33
Dry Gas for FY2026
“18”
Share repurchase authorization
“$1.5 billion”
Quarterly cash dividend
“an 11.1% increase to the quarterly cash dividend to $0.10 per share”
All-in capital spending for FY2026
“$650 - $700 million”
Annual production for FY2027
“2.6 Bcfe per day”
Maintenance drilling and completion capital for FY2026
“Approximately $500 million”
Growth capital for FY2026
“$120 - $140 million”
Maintenance land capital for FY2026
“$10 - $20 million”
Targeted acreage (increases planned lateral … for FY2026
“$5 - $15 million”
Targeted acreage capital for FY2026
“$5 - $15 million”
Pneumatic retrofits, facilities and software… for FY2026
“$15 - $25 million”
DUC inventory conversion for FY2026
“approximately 400,000 feet”
Lateral feet converted to production for FY2026
“approximately 400,000 feet”
Annual production for FY2026
“approximately 2.35 – 2.40 Bcfe per day”
Liquids Rich for FY2026
“50”
Planned Wells TIL - Liquids Rich for FY2026
“50”
Planned Wells TIL - Dry Gas for FY2026
“18”
Planned Wells TIL - Total Appalachia for FY2026
“68”
Total Appalachia for FY2026
“68”
Natural gas price differential for FY2026
“($0.35) to ($0.45)”
NGL price differential for FY2026
“+$0.00 to +$1.00”
Condensate price differential for FY2026
“($10.00) to ($14.00)”
Liquids percentage of production for FY2026
“over 30%”
Direct operating expense for FY2026
“$0.12 - $0.13 per mcfe”
Transportation, gathering, processing and co… for FY2026
“$1.50 - $1.55 per mcfe”
Taxes other than income for FY2026
“$0.03 - $0.04 per mcfe”
Exploration expense for FY2026
“$22 - $28 million”
G&A expense for FY2026
“$0.17 - $0.18 per mcfe”
Net Interest expense for FY2026
“$0.07 - $0.09 per mcfe”
DD&A expense for FY2026
“$0.45 - $0.46 per mcfe”
Net brokered gas marketing expense for FY2026
“$8 - $12 million”
Natural Gas Liquids differential for FY2026
“MB plus $0.00 to $1.00 per barrel”
Oil/Condensate differential for FY2026
“WTI minus $10.00 to $14.00”
Exhibit 99.1 · the passage around this item
… earlier in the release
In 2025, Range drilled ~1,023,000 lateral feet across 69 wells, while turning to sales 636,000 lateral feet across 47 wells.
Planned Wells TIL in 2026
Wells TIL in 2025
Liquids Rich
50
38
Dry Gas
18
9
Total Appalachia
68
47
Financial Discussion Except for generally accepted accounting principles (“GAAP”) reported amounts, specific expense categories exclude non-cash impairments, unrealized mark-to-market adjustment on derivatives, non-cash stock compensation and other items shown separately on the attached tables. “Unit costs” as used in this release are composed of direct operating, transportation, gathering, processing and compression, taxes other than income, general and administrative, interest and depletion, depreciation and amortization costs divided by production. See “Non-GAAP Financial Measures” for a definition of non-GAAP financial measures and the accompanying tables that reconcile each non-GAAP measure to its most directly comparable GAAP financial measure. Fourth Quarter 2025 Results GAAP revenues and other income for fourth quarter 2025 totaled $820 million, GAAP net cash provided from operating activities (including changes in working capital) was $258 million, and GAAP net income was $179 million ($0.75 per diluted share). Fourth quarter earnings results include a $33 million mark-to-market derivative gain due to decreases in commodity p
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.