Overview

* Range Resources Q2 2025 adjusted EPS beats analyst expectations, per LSEG data

* Adjusted net income of $158 mln missed analyst estimates, per LSEG data

* Company repurchased $53 mln of shares, reduced net debt to $1.2 bln

Outlook

* Co expects 2025 capital spending of $650 mln to $680 mln vs prior guidance of $650 million - $690 million

* Oil and gas exploration and producing company forecasts 2025 production at about 2.225 Bcfe per day

* Range anticipates 2025 natural gas differential of ($0.40) to ($0.48) to NYMEX

* Company sees 2025 NGL differential of +$0.40 to +$1.25 per barrel to Mont Belvieu

Result Drivers

* EFFICIENCY GAINS - Co attributes strong Q2 results to efficiency gains and consistent well performance, per CEO Dennis Degner

* PRODUCTION GUIDANCE - Improved 2025 production guidance due to operational efficiencies and increased lateral footage

* PRICING DIFFERENTIALS - Favorable pricing differentials for NGLs and natural gas contributed to financial performance

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $856 mln

Revenue

Q2 Beat $0.66 $0.63

Adjusted (20

EPS Analysts

)

Q2 EPS $0.99

Q2 Miss $158 mln $161.80

Adjusted mln (17

Net Analysts

Income )

Q2 Net $238 mln

Income

Q2 Cash $336 mln

Flow

from

Operatio

ns

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 16 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

* Wall Street's median 12-month price target for Range Resources Corp ( RRC ) is $44.00, about 19.8% above its July 21 closing price of $35.30

* The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)