How Does Range Resources Company Work?

Range Resources is actively expanding its production capacity and reserve base. The company's operational activities in Q2 2025 included drilling approximately 285,000 lateral feet across 20 wells and bringing about 156,000 lateral feet from 12 wells to sales.

• Projected exit of 2025 with over 400,000 lateral feet of growth inventory.
• Secured additional Appalachian natural gas processing and takeaway capacity to support growth.
• Acquired 300 MMcf/d of natural gas processing capacity in Southwest Pennsylvania.
• Secured 250 MMcf/d of pipeline transportation to move volumes to the Midwest and Gulf Coast.
• Leverages a large, blocky acreage position in the Marcellus Shale for attractive drilling opportunities.

Range Resources employs a disciplined approach to capital reinvestment, aiming to keep it below 50%. This strategy supports production growth while simultaneously returning value to shareholders through dividends and share repurchases, a key aspect of Range Resources' business model. For instance, in Q1 2025, the company allocated $68 million to share repurchases and $22 million to dividends. The company's strategy focuses on leveraging its low-cost, low-emissions natural gas production to meet increasing global demand, particularly with new export capacities coming online. It also aims to capitalize on growing in-basin demand from sectors like data centers and industrial development within Pennsylvania, showcasing how Range Resources generates profits from its reserves.

• Disciplined capital reinvestment rate below 50%
• Share repurchases and dividends for shareholder returns
• Leveraging low-cost, low-emissions natural gas
• Capitalizing on growing global and in-basin demand
• Meeting demand from new export capacities and industrial development

Range Resources actively adapts to market trends, such as the growing demand for natural gas from LNG exports and power generation. The company strategically secures additional processing and takeaway capacity to meet this demand.

• Understanding Range Resources' revenue streams is key to appreciating its business model.
• Range Resources operations are centered on efficient shale gas extraction.
• The company's strategy for acquiring new reserves is a critical component of its growth.
• Range Resources' role in the energy market is significant due to its substantial production.
• Mission, Vision & Core Values of Range Resources underscore its long-term approach.

Range Resources is strategically investing to enhance its revenue generation capabilities. The company plans capital expenditures between $650 million and $690 million for 2025, targeting approximately 2.2 billion cubic feet equivalent (Bcfe) per day in production, with liquids comprising over 30% of this output. This aligns with a three-year outlook aiming for a 20% production increase to 2.6 Bcfe per day by 2027, supported by annual capital spending of $650 million to $700 million in 2026 and 2027. These investments focus on drilling, completion, and infrastructure upgrades, alongside emission reduction efforts and leveraging its low-cost production to meet growing global demand, including LNG exports and in-basin industrial growth.

• Range Resources operations are centered in the Appalachian Basin, particularly the Marcellus Shale.
• The company's business model focuses on efficient, low-cost natural gas and NGL production.
• Range Resources' revenue streams are primarily derived from the sale of natural gas and natural gas liquids.
• Understanding Competitors Landscape of Range Resources is crucial for assessing its market position.
• The process of natural gas production by Range Resources involves advanced extraction techniques.