Range Resources — Feb 24, 2026 release

We believe Range’s multi-decade Marcellus inventory, our access to diverse markets with growing demand and our advantaged full-cycle cost structure provide a solid foundation for delivering through-cycle returns for shareholders.”   2026 Capital and Production Guidance   Range’s 2026 all-in capital budget is expected to be $650 to $700 million, which consists of:   • Approximately $500 million of maintenance drilling and completion capital • $120 - $140 million for growth capital • $10 - $20 million for maintenance land • $5 - $15 million for targeted acreage that increases planned lateral lengths and future inventory • $15 - $25 million for pneumatic retrofits, facilities and software       Range enters 2026 with 500,000+ lateral feet of accumulated drilled but uncompleted (DUC) inventory. This is approximately 100,000 feet more than originally planned and is the result of continued operational efficiencies realized throughout 2025. Range plans to convert to production approximately 400,000 feet of this growth-enabling inventory over the course of 2026 and 2027, leaving flexibility for reduced capital or continued growth in future years. For 2026, Range plans to run one dedicated drilling rig and one dedicated frac crew, while utilizing spot equipment in mid-2026 to convert DUCs. This development plan is expected to result in annual production of approximately 2.35 – 2.40 Bcfe per day in 2026 and 2.6 Bcfe per day in 2027. The table below summarizes 2025 activity and expected 2026 plans regarding the number of wells to sales in each area. In 2025, Range drilled