Oil and gas producer Range Resources Q2 adjusted EPS beats estimates

Range Resources

22/07/2025 21:40

Overview

Range Resources Q2 2025 adjusted EPS beats analyst expectations, per LSEG data

Adjusted net income of $158 mln missed analyst estimates, per LSEG data

Company repurchased $53 mln of shares, reduced net debt to $1.2 bln

Outlook

Co expects 2025 capital spending of $650 mln to $680 mln vs prior guidance of $650 million - $690 million

Oil and gas exploration and producing company forecasts 2025 production at about 2.225 Bcfe per day

Range anticipates 2025 natural gas differential of ($0.40) to ($0.48) to NYMEX

Company sees 2025 NGL differential of +$0.40 to +$1.25 per barrel to Mont Belvieu

Result Drivers

EFFICIENCY GAINS - Co attributes strong Q2 results to efficiency gains and consistent well performance, per CEO Dennis Degner

PRODUCTION GUIDANCE - Improved 2025 production guidance due to operational efficiencies and increased lateral footage

PRICING DIFFERENTIALS - Favorable pricing differentials for NGLs and natural gas contributed to financial performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$856 mln
Q2 Adjusted EPS
Beat
$0.66
$0.63 (20 Analysts)
Q2 EPS
$0.99
Q2 Adjusted Net Income
Miss
$158 mln
$161.80 mln (17 Analysts)
Q2 Net Income
$238 mln
Q2 Cash Flow from Operations
$336 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 16 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

Wall Street's median 12-month price target for Range Resources Corp is $44.00, about 19.8% above its July 21 closing price of $35.30

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nGNX8ZG812

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)