Earnings Alerts

Range Resources (RRC) Earnings Q2: Adjusted EPS Miss Falls Short Despite Production Gains

  • Range Resources reported an adjusted EPS of $0.66 for Q2 2025, missing the estimate of $0.67.
  • Total production increased by 2.3% year over year, reaching 2.20 billion cubic feet equivalent per day.
  • Natural gas production slightly grew by 0.1% year over year to 1.50 million Mcf/d.
  • Oil production decreased by 2.1% year over year, averaging 6,382 barrels per day, but still surpassed the estimate of 5,740 barrels per day.
  • NGL production increased by 7% year over year to 110,209 barrels per day, exceeding the estimate of 109,339 barrels per day.
  • The average realized natural gas price was $3.13 per Mcf, up 27% year over year, slightly below the estimate of $3.15.
  • Realized oil prices per barrel fell by 20% year over year to $54.22, close to the estimate of $54.04.
  • Realized NGLs price per barrel decreased by 2.8% year over year to $23.88, just under the estimate of $23.97.
  • Average realized natural gas equivalent price per Mcfe increased by 13% year over year to $3.49, in line with estimates.
  • Range Resources improved its expected 2025 NGL differential, anticipating an average of +$0.40 to +$1.25 relative to Mont Belvieu equivalent.
  • Annual production forecast for 2025 was adjusted up to approximately 2.225 Bcfe per day.
  • Range Resources revised its 2025 all-in capital budget to $650 million – $680 million, narrowing it from a previous range of $650 million – $690 million.
  • The company notes that efficiencies are backed by countercyclical investments in drilled inventory during the past 18 months.
  • Market sentiment includes 11 buy ratings, 17 hold ratings, and 1 sell rating from analysts.

Range Resources on Smartkarma

Range Resources has recently garnered positive analyst coverage on Smartkarma by Baptista Research. In their report titled “Range Resources: An Insight Into Its In-Basin Demand, Market Dynamics & Critical Growth Levers!”, the analysts highlight the company’s disciplined operational approach and efficiency gains. Range Resources reported robust free cash flow in the first quarter of 2025, maintaining low capital intensity to increase shareholder returns and reduce debt. This strategic focus aligns with Range Resources‘ goal of stable production base and flexible growth opportunities.

Another report by Baptista Research, “Range Resources Corporation: Intensifying Margins & Focus on Reducing Breakeven Costs For Upping Their Game!”, emphasizes the company’s steady operational performance despite challenging natural gas prices. Range Resources‘ ability to generate positive free cash flow, repurchase shares, and meet balance sheet targets showcases its operational resilience. The analysts credit this success to efficient operations, diverse production streams, and a strong liquids business, positioning Range Resources for future growth.


A look at Range Resources Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Range Resources Corporation, an independent oil and gas company operating mainly in the US regions of the Southwest, Appalachia, and Gulf Coast, shows promising potential for long-term growth. With a strong growth score of 5, the company is positioned well to expand its operations and increase its market presence over time. This indicates that Range Resources is actively seeking opportunities for development and advancement within the industry, which bodes well for its future performance.

In addition to growth, Range Resources also demonstrates resilience and momentum in its operations, with scores of 3 in both categories. This suggests that the company is able to withstand market fluctuations and maintain a steady pace of progress in achieving its strategic goals. While the value and dividend scores are average, the overall outlook for Range Resources appears positive, especially considering its emphasis on growth and its ability to adapt to changing market conditions.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars