Range Resources — Feb 24, 2026 release

Range’s 2026 NGL differential is expected to be +$0.00 to +$1.00 relative to a Mont Belvieu equivalent barrel. • Crude oil and condensate price realizations during the quarter averaged $47.81 per barrel, or $11.26 below WTI (West Texas Intermediate). Range’s 2026 condensate differential is expected to be ($10.00) to ($14.00) relative to NYMEX.       Marketing and Midstream   In the fourth quarter, Range signed a ten-year contract for the delivery of 75 Mmcf per day of natural gas. The supply agreement is contingent on facility construction that is expected to be completed in late 2027. The natural gas supply was contracted at a premium to Midwest regional prices. Range will service this supply agreement from previously announced transportation capacity additions that will begin mid-2026.   Capital Expenditures   Fourth quarter 2025 drilling and completion expenditures were $167 million. In addition, during the quarter, approximately $10 million was invested in acreage, and $6 million was invested in infrastructure, pneumatic upgrades, and other investments. Total 2025 capital budget expenditures were $674 million, including $598 million on drilling and completion, $53 million invested in acreage, and $23 million invested in infrastructure, production control upgrades, and other investments. Financial Position and Repurchase Activity   As of December 31, 2025, Range had net debt outstanding of approximately $1.22 billion, consisting of $1.1 billion of senior notes, $118 million of credit facili