HighGravityDataRange 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
Liquids percentage of production
“over 30%”
Period
FY2026
Measure
Company-defined measure
Source
Prose
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
Guidance – 2026 Capital & Production Guidance Range’s 2026 all-in capital budget is $650 million - $700 million. Annual production is expected to be approximately 2.35 Bcfe to 2.40 Bcfe per day for 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:
$1.50 - $1.55 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
Full Year 2026 Price Guidance Based on recent market indications, Range expects to average the following price differentials for its production in 2026.
FY 2026 Natural Gas: (a)
NYMEX minus $0.35 to $0.45
FY 2026 Natural Gas Liquids: (b)
MB plus $0.00 to $1.00 per barrel
FY 2026 Oil/Condensate:
WTI minus $10.00 to $14.00
(a) Including basis hedging (b) 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 a
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.