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Range Increases Quarterly Dividend by 12.5%

1. RRC declared a quarterly cash dividend of $0.09 per share. 2. The dividend is a 12.5% increase from previous levels. 3. Payment is scheduled for March 28, 2025, to eligible shareholders. 4. Annualized dividend now totals $0.36 per share. 5. RRC remains a leading natural gas and NGL producer.

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FAQ

Why Very Bullish?

The dividend increase indicates strong financial health, often correlating with rising stock prices. Historical increases in dividends for energy stocks typically boost investor confidence and share values.

How important is it?

Dividend increases signal robust company performance, attracting investors and potentially raising stock prices. This event is pivotal for investor sentiment and market perception.

Why Short Term?

Dividends influence stock prices quickly; investors may react positively in the coming weeks. The upcoming payment date could further enhance RRC's stock demand.

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XOMCHKSWN
February 28, 2025 16:15 ET  | Source: Range Resources Corporation FORT WORTH, Texas, Feb. 28, 2025 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the first quarter. A dividend of $0.09 per common share is payable on March 28, 2025 to stockholders of record at the close of business on March 14, 2025. This represents a 12.5% increase to Range’s quarterly cash dividend and provides an annualized dividend of $0.36 per share. RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas and NGL producer with operations focused in the Appalachian Basin. The Company is headquartered in Fort Worth, Texas. More information about Range can be found at www.rangeresources.com. SOURCE: Range Resources Corporation Range Investor Contact: Laith Sando, SVP – Corporate Strategy & Investor Relations817-869-4267lsando@rangeresources.com

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