Range Resources (RRC) Tops Q1 EPS by 14c
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Range Announces First Quarter 2019 Financial Results
April 22, 2019 5:02 PM EDTFORT WORTH, Texas, April 22, 2019 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2019 financial results.Â
Highlights
GAAP cash flow provided from operating activities of $261 million, and non-GAAP cash flow of $269 millionGAAP net income of $1.4 million ($0.01 per diluted share), and non-GAAP net income of $90.7 million ($0.36 per diluted share)Utilized free cash flow to reduce borrowings on credit facility by approximately $48 millionProduction averaged 2,256 Mmcfe per day, including approximately 31% liquidsSouthwest Pennsylvania production increased 14% over the prior-year... More