Range Resources Q3 revenue rises

Range Resources

28/10/2025 20:27

Overview

Range Resources Q3 2025 revenue was $749 mln, with adjusted net income missing estimates

Company maintained strong cash flow from operations at $248 mln

Range repurchased $56 mln of shares and paid $21 mln in dividends in Q3

Outlook

Range Resources expects 2025 production to be approximately 2.23 Bcfe per day

Company anticipates 2025 natural gas differential to average ($0.40) to ($0.43) relative to NYMEX

Range Resources projects 2025 NGL differential to average +$0.50 to +$0.75 relative to a Mont Belvieu equivalent barrel

Result Drivers

REALIZED PRICES - Range achieved a realized price of $3.29 per mcfe, a $0.22 premium over NYMEX natural gas, contributing positively to revenue

CASH FLOW GENERATION - CEO Dennis Degner highlighted the company's ability to generate significant free cash flow, supporting share repurchases and dividends

OPERATIONAL EFFICIENCIES - Counter-cyclical investments in drilled inventory over the last two years support efficient growth plans through 2027

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$749 mln
Q3 Adjusted Net Income
Miss
$135 mln
$154.06 mln (17 Analysts)
Q3 Net Income
$144 mln
Q3 Cash Flow from Operations
$248 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 17 "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 $42.00, about 11% above its October 27 closing price of $37.36

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nGNX3Yz5kF

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(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.)