Range Resources Q2 Earnings Beat Estimates on Higher Output

Earnings
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Summary · why it matters

Range Resources reported second-quarter 2026 adjusted earnings of 79 cents per share, up 19.7% from 66 cents a year ago and beating the Zacks Consensus Estimate of 56 cents by 41.1%. Quarterly revenues of $795.3 million increased 8.5% from $732.9 million a year ago and topped the consensus estimate of $720 million by 10.5%. Production averaged 2,296.4 million cubic feet equivalent per day, up 4.5% from the prior-year quarter, driven by higher output and improved price realization. The company repurchased $78 million of shares and paid $24 million in dividends during the quarter, while net debt fell 28% to $880.8 million at June 30, 2026. Range Resources maintained its 2026 production outlook of 2.35-2.40 Bcfe per day and capital budget of $650-$700 million.

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Range Resources Corp
RRC
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Q2 earnings and revenues beat estimates, driven by higher output and improved price realization.