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Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
RRC's Q2 2024 earnings were 46 cents, surpassing estimates of 36 cents. Quarterly revenues rose to $641 million, exceeding expectations of $629 million. Production averaged 2,152.9 Mcfe/d, beating projections of 2,107.2 Mcfe/d. Natural gas production grew by 5%, but oil output fell by 10%. Total costs declined by 12%, reaching $520 million, lower than expectations.
- RRC's Q2 2024 earnings were 46 cents, surpassing estimates of 36 cents.
- Quarterly revenues rose to $641 million, exceeding expectations of $629 million.
- Production averaged 2,152.9 Mcfe/d, beating projections of 2,107.2 Mcfe/d.
- Natural gas production grew by 5%, but oil output fell by 10%.
- Total costs declined by 12%, reaching $520 million, lower than expectations.
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