Range Resources Corporation reported significant financial growth for the fiscal year ending December 31, 2025, with total revenues from natural gas, NGLs, and oil sales reaching $2.82 billion, a 27% increase from $2.21 billion in 2024. The company achieved a net income of $658 million, or $2.74 per diluted share, compared to $266 million, or $1.09 per diluted share, in the previous year. This increase in profitability was primarily driven by a 14% rise in net realized prices and a slight increase in production volumes, which averaged 2.24 billion cubic feet equivalent (Bcfe) per day, up from 2.18 Bcfe per day in 2024.
In terms of operational developments, Range Resources successfully drilled and completed 53 net wells in 2025, maintaining a 100% success rate. The company reported estimated net proved reserves of 18.14 trillion cubic feet equivalent (Tcfe) as of December 31, 2025, with 71% classified as proved developed reserves. The company’s capital expenditures for the year totaled $673.8 million, aligning with its budgeted range of $650 million to $690 million. Looking ahead, Range anticipates a capital budget of $650 million to $700 million for 2026, aiming for modest production growth while focusing on operational efficiency and free cash flow generation.
Strategically, Range Resources has continued to enhance its asset base through selective acreage leasing and renewals in the Marcellus Shale, investing $51.8 million in unproved acreage. The company also repurchased $230.6 million of its common stock during the year, reflecting its commitment to returning capital to shareholders. Additionally, the company maintained a strong liquidity position with $1.7 billion available under its credit facility as of December 31, 2025.
The filing also highlighted the company's focus on sustainability, achieving net-zero Scope 1 and 2 greenhouse gas emissions in 2024 and maintaining this status in 2025. Range Resources has implemented various initiatives to minimize environmental impact, including recycling nearly all flowback and produced water from operations. The company’s outlook remains cautious, with expectations of continued commodity price volatility influenced by global market dynamics, including geopolitical tensions and supply chain disruptions.
About RANGE RESOURCES CORP
Range Resources Corporation is an independent energy company focused on the exploration, development, and production of natural gas, NGLs, and oil in the Appalachian region, primarily the Marcellus Shale. It operates a large portfolio of wells and leases, emphasizing cost efficiency, operational safety, and environmental stewardship. The company markets its products domestically and internationally, leveraging a diversified customer base and long-term transportation contracts.
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