Range Resources (RRC) Tops Q2 EPS by 9c
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Range Announces Second Quarter 2018 Financial Results
July 30, 2018 5:00 PM EDTFORT WORTH, Texas, July 30, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its second quarter 2018 financial results.Â
Highlights
Production averaged a record 2,200 Mmcfe per day, an increase of 13% compared to second quarter 2017Liquids production averaged 117,520 barrels per day, a 12% increase over the prior-year period, and contributed 46% of total product revenues before hedgingNatural gas differentials, including basis hedging, of $0.16 below NYMEX, a $0.23 improvement over prior-year quarterPre-hedge NGL realizations were $23.69 per barrel, a 63% increase over the prior-year quarterPre-hedge crude oil and... More