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Stock Market & Financial Investment News

News Breaks
February 26, 2013
17:58 EDTRRCRange Resources sees 2013 production growth of 20%-25%
The company said, "Looking ahead, 2013 should be even better than 2012. We expect to grow production in the 20% to 25% range utilizing our existing low-cost, high rate of return inventory. Range's liquids production is expected to grow disproportionately greater than overall production in 2013 as we continue to focus the majority of our capital in our liquids-rich areas. With the continued ramp up in production volumes, we expect our cost structure to improve further as volumes grow faster than our absolute costs. Importantly, with our access to the growing global markets for NGLs through our innovative Mariner West and East projects we are increasing our price realizations and improving our profit margins. In addition to the Marcellus, our Horizontal Mississippian oil play is gaining substantial momentum and should add to our liquids production and reserves, while the Cline Shale, Wolfberry and Utica plays have exciting liquids potential. We are looking for 2013 to be a year of increasing production, reserves, cash flow and earnings which should translate into higher per share value for all Range shareholders."
News For RRC From The Last 14 Days
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September 30, 2014
10:02 EDTRRCOn The Fly: Analyst Initiation Summary
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05:25 EDTRRCRange Resources initiated with an Outperform at Imperial Capital
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September 18, 2014
19:26 EDTRRCPennsylvania regulators charge Range Resources record $4.15M fine, Upstream says
Pennsylvania regulators have charged Range Resources with a record $4.15M fine for environmental violations at a western Pennsylvania site, Upstream reports. The $4.15M fine represents the largest fine the state of Pennsylvania has ever levied against a shale driller. Range Resources will also close five artificial ponds that were leaking flowback water, will upgrade liners and leak detection systems at two other ponds, and will test surrounding soil and groundwater for contamination, Upstream added. Reference Link

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