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Stock Market & Financial Investment News

News Breaks
January 16, 2013
06:03 EDTRRCRange Resources reports FY12 production up 36%
Range Resources announced that its Q4 production volumes reached a record high of 844 Mmcfe per day. Q4 production increased 35% over the prior-year quarter and was 7% higher than Q3. While total production rose 35%, oil and NGL production increased 41% during Q4. Production for FY12 averaged 753 Mmcfe per day, a 36% increase over 2011. The company also announced its preliminary fourth quarter 2012 natural gas, NGLs and oil price realizations averaged $5.35 per mcfe, representing a 10% increase from Q3 and an 11% decrease from the prior-year period.
News For RRC From The Last 14 Days
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July 28, 2015
16:45 EDTRRCRange Resources targets Q3 production growth 20% year-over-year
Production growth for 2015 is targeted at 20% year-over-year. Average daily production for the third quarter is expected to be 1.39 to 1.40 Bcfe per day with 28% liquids.
16:43 EDTRRCRange Resources sees FY15 CapEx $870M
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16:43 EDTRRCRange Resources reports Q2 production averaged 1,373 Mmcfe per day
Representing a 24% increase over the prior-year quarter.
16:42 EDTRRCRange Resources reports Q2 adjusted EPS 1c, consensus 4c
Reports Q2 adjusted revenue $405M, consensus $405.58M.
15:21 EDTRRCNotable companies reporting after market close
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July 23, 2015
07:20 EDTRRCEQT Midstream Partners to build header pipeline for Range Resources
EQT Midstream Partners (EQM) announced that it has entered into a definitive agreement with Range Resources (RRC) – Appalachia, LLC to construct a natural gas header pipeline in southwestern Pennsylvania to support Range’s dry Marcellus and Utica development. The pipeline will provide greater than half a billion cubic feet per day of firm capacity and is backed by a long-term firm capacity reservation commitment. EQT Midstream Partners will invest approximately $250M for the construction of 32 miles of pipeline and installation of approximately 32,000 horsepower of compression. The Partnership plans to complete the project in two phases, with phase one expected to be in-service by the third quarter of 2016 and phase two by mid-year 2017. The majority of capital investment is expected throughout 2016 and the first half of 2017.
July 20, 2015
10:00 EDTRRCOn The Fly: Analyst Upgrade Summary
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08:01 EDTRRCRange Resources upgraded to Buy from Accumulate at KLR Group
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