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Range Resources (CH:RAX)
:RAX
Earnings Data
Report Date
Jul 28, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.6Last Year’s EPS
0.39Same Quarter Last Year
Moderate Buy
Based on 20 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 22, 2025
|% Change Since: ―
|Next Earnings Date:Jul 28, 2025
Earnings Call Sentiment|Positive
Range Resources demonstrated strong operational and financial performance in Q1 2025, highlighted by efficient drilling and completion metrics, strategic debt reduction, and advantageous NGL export pricing. However, short-term production is expected to dip due to maintenance, and the company remains exposed to market volatility. Despite these challenges, the company's strategic initiatives and efficient operations suggest a positive outlook.Company Guidance
During the Range Resources First Quarter 2025 Financial Results Conference Call, the company provided guidance on several key metrics. Range Resources reported strong free cash flow, achieved through low capital intensity and class-leading drilling and completion costs, which allowed them to increase shareholder returns and reduce debt. Capital spending for the quarter was $147 million, with production reaching 2.2 Bcf equivalent per day. The company drilled approximately 250,000 lateral feet across 18 laterals, with a record drilling rate of 5,961 feet per day. Range Resources expects production to be slightly down in the second quarter due to scheduled maintenance but anticipates increased production in the second half of the year. The company's lease operating expense was $0.13 per Mcfe. Range also highlighted its marketing strategy, leveraging strong export demand and maintaining a premium pricing for NGL exports. The company is focused on generating free cash flow and advancing operational efficiencies, while also exploring opportunities for in-basin demand growth through collaborations on power generation projects in Pennsylvania.Strong Free Cash Flow and Debt Reduction
Range Resources generated $183 million in free cash flow in Q1 2025, which allowed them to pay $22 million in dividends, repurchase $68 million worth of shares, and reduce net debt by $42 million.
Operational Efficiency in Drilling and Completions
Range set a new program drilling record by averaging 5,961 feet per day and maintained a 98% success rate within their geosteered landing target. The electric frac fleet also increased the average number of stages per day.
Advantageous NGL Export Pricing
Range leveraged East Coast access for NGL exports, securing premium pricing relative to Mont Belvieu, benefiting from strong propane demand and a record 41 million barrel draw in Q1.
In-Basin Demand and Strategic Projects
Range is collaborating on a new power generation facility in Pennsylvania. The project is expected to attract data centers and industrial operations that rely on reliable and efficient energy solutions.
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CH:RAX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CH:RAX Earnings-Related Price Changes
No data currently available
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Range Resources (CH:RAX) report earnings?
Range Resources (CH:RAX) is schdueled to report earning on Jul 28, 2025, TBA Not Confirmed.
What is Range Resources (CH:RAX) earnings time?
Range Resources (CH:RAX) earnings time is at Jul 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Range Resources stock?
The P/E ratio of Range Resources is N/A.
What is CH:RAX EPS forecast?
CH:RAX EPS forecast for the fiscal quarter 2025 (Q2) is 0.6.
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