Range Resources (RRC) Misses Q2 EPS by 2c
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Range Announces Second Quarter 2017 Financial Results
August 1, 2017 5:00 PM EDTFORT WORTH, Texas, Aug. 01, 2017 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its second quarter 2017 financial results.Â
Highlights
Second quarter GAAP net income was $70 million, or $0.28 per diluted share, compared to a net loss of $225 million, or $1.35 per share in the prior-year quarterSecond quarter cash margins improved to $1.09 per mcfe, compared to $0.70 per mcfe in the prior-year quarter, an improvement of 55%Cash flow from operations before changes in working capital, a non-GAAP measure, reached $194 million, compared to $93... More