Range Resources Corporation (RRC) Q2 2024 Earnings Call Transcript
Range Resources Corporation (NYSE:RRC ) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Laith Sando - Vice President, Investor Relations Dennis Degner - Chief Executive Officer Mark Scucchi - Chief Financial Officer Alan Engberg - Vice President Liquid Marketing Conference Call Participants Roger Read - Wells Fargo Michael Scialla - Stephens Doug Leggate - Wolfe Research Jake Roberts - TPH & Company Scott Hanold - RBC Neil Mehta - Goldman Sachs Arun Jayaram - JPMorgan Paul Diamond - Citi Operator Welcome to the Range Resources Second Quarter 2024 Earnings Conference Call. [Operator Instructions] Statements made during this conference call that are not historical facts are forward-looking statements.
Range Resources (RRC) Q2 Earnings Beat on Higher Production
Range Resources (RRC) records strong Q2 earnings on the back of higher gas equivalent production. Further, approximately 69% of the total production consists of natural gas.
Range Resources (RRC) Surpasses Q2 Earnings and Revenue Estimates
Range Resources (RRC) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.30 per share a year ago.
What's in Store for Range Resources (RRC) in Q2 Earnings?
While gas price did not reach the June quarter of 2022 levels of more than $6 per million Btu, increased production may have mitigated the negative impacts on Range Resources' (RRC) Q2 earnings.
Range Resources (RRC) Reports Next Week: Wall Street Expects Earnings Growth
Range Resources (RRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here's Why You Should Retain Range Resources (RRC) Stock
Range Resources (RRC) boasts decades of low-risk drilling inventory in Appalachia, brightening its production outlook.
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