Earnings Releases·Oct 28, 2026, 7:00 AM ET

Range Resources Corporation — Third Quarter 2026 Earnings Summary

GAAP net income rose 21% year-over-year to $175 million ($0.75 per share), while GAAP revenues increased 13% to $843 million and operating cash flow grew to $308 million.
The company announced a pending merger with EQT Corporation, expected to create a larger combined entity with improved market access and cash flow generation, though no specific numerical forward guidance was provided.
Liquids production hit a record 133,173 barrels per day, and net debt decreased significantly to approximately $794 million from $1.22 billion at year-end 2025.
Capital spending totaled $170 million (25% of the 2026 budget) with no share repurchases executed during the quarter; $1.4 billion remains available under the authorized program.
Management highlighted strong financial momentum and record production as evidence of the company's strongest historical position, while noting risks related to merger approval and integration.