Information
FORT WORTH, Texas, Feb. 24, 2026 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today a...
Original sourceAI Summary
Range Resources reported a robust cash flow of $1.2 billion for 2025 and plans to increase production to 2.35–2.40 Bcfe per day in 2026. The company also announced an 11.1% increase in its quarterly dividend to $0.10 per share, reflecting its disciplined capital allocation strategy and commitment to shareholder returns.
Sentiment Rationale
RRC's strong cash flow, production growth, and increased dividend indicate healthy fundamentals, potentially driving share price increases similar to past positive earnings reports that led to price gains.
Trading Thesis
RRC likely to see positive price momentum in the short term due to strong earnings and dividend increases.
Market-Moving
- The signing of a 10-year gas supply contract could enhance revenue stability.
- Increased share repurchase authorization signals potential bullish sentiment.
- Strong production forecasts may attract more investor interest in RRC.
- Continued reduction in net debt improves RRC's financial flexibility.
Key Facts
- RRC reported over $1 billion in cash flow for 2025.
- Production guidance for 2026 is 2.35 - 2.40 Bcfe per day.
- Company announced an 11.1% dividend increase to $0.10 per share.
- Signed a 10-year gas supply agreement for 75 Mmcf/d.
- Net debt reduced by $186 million by year-end 2025.
Companies Mentioned
- Range Resources Corporation (RRC): RRC's robust cash flow and debt reduction enhance attractiveness to investors.
Earnings
This news falls under 'Earnings' as it relates to the financial performance and guidance of Range Resources, a key indicator for investors in assessing the company's future growth and profitability potential.