Range Announces Third Quarter 2019 Results

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Go back to Range Announces Third Quarter 2019 Results

Range Resources (RRC) Tops Q3 EPS by 3c, Revenues Beat

October 23, 2019 5:03 PM EDT

Range Resources (NYSE: RRC) reported Q3 EPS of ($0.07), $0.03 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $628 million versus the consensus estimate of $579.32 million.

Highlights

Sold 2.5% overriding royalty in southwest Appalachia leases for gross proceeds of $750 millionTotal asset sales of approximately $1.1 billion in the last 12 monthsIncreased credit facility... More