Approximately 99.69% of Total Outstanding Existing Memorial Senior Notes Tendered Approximately 93.57% of Total Outstanding Existing Range Senior Subordinated Notes Tendered FORT WORTH, Texas, Aug. 17, 2016 (GLOBE NEWSWIRE) -- Range Resources Corp. (“RANGE”) (NYSE:RRC) announced today the results as of 5:00 p.m., New York City time, on August 16, 2016 (the “Early Tender Deadline”), of its [...]
Enters into Agreement with SailingStone Capital Partners to Identify New Director SailingStone Confirms its Intention to Support the Proposed Merger with Memorial Resource Development Corp. FORT WORTH, Texas, Aug. 08, 2016 (GLOBE NEWSWIRE) -- Range Resources Corp. (NYSE:RRC) and SailingStone Capital Partners, LLC, owner of approximately 11% of Range’s shares outstanding, today jointly announced that they have [...]
Range Resources announced today that, in connection with the anticipated merger of Range and Memorial Resources Development, Range has commenced offers to Eligible Holders (1) to either (a) exchange any and all outstanding 5.875% Senior Notes due 2022 issued by Memorial for up to $600 million aggregate principal amount of new senior notes issued by Range or (b) purchase for cash any and all outst...
FORT WORTH, Texas, July 26, 2016 (GLOBE NEWSWIRE) -- Range Resources Corp. (NYSE:RRC) today announced its second quarter financial results. Highlights – Announced pending merger with Memorial Resource Development Corp. Second quarter company production averaged 1,421 net Mmcfe per day, up 4% from the prior-year quarter, with Marcellus production averaging a record 1,379 net Mmcfe per day, up 16% from the [...]
DENVER, CO--(Marketwired - Jul 19, 2016) - EnerCom, Inc. will host The Oil & Gas Conference® 21 on August 14-18, 2016, in Denver at the Westin Denver Downtown. Investment and oil and gas professionals can register for the event and find the work-in-progress presenter schedule on the conference website. Conference Details: The Oil & Gas Conference® 21 offers investment professionals the opportunity to listen to [...]
Range Resources announced today that it has established a record date and the expected timing of its meeting date for the special meeting of its stockholders to consider and vote upon (i) the proposal to approve the issuance of shares of Range common stock, par value $0.01 per share, to stockholders of Memorial Resource Development in connection with the merger contemplated by the previously announced Agreement and Plan [...]
FORT WORTH, TX--(Marketwired - Jun 15, 2016) - RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its second quarter 2016 financial results news release will be issued Tuesday, July 26 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Wednesday, July 27 at 9:00 a.m. ET (8:00 am CT). To participate in the call, please dial 877-407-0778 and [...]
FORT WORTH, TX--(Marketwired - Jun 1, 2016) - RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the second quarter. A dividend of $0.02 per common share is payable on June 30, 2016 to stockholders of record at the close of business on June 15, 2016. Range Resources Corp. (NYSE: RRC) is a leading independent oil and natural gas [...]
FORT WORTH, TX--(Marketwired - May 16, 2016) - Range Resources Corp. "Range" (NYSE: RRC) and Memorial Resource Development Corp. "MRD" (NASDAQ: MRD) announced today a definitive merger agreement under which Range will acquire all of the outstanding shares of common stock of MRD in an all-stock transaction valued at $4.4 billion. This valuation includes the assumption of MRD's net debt, which was $1.1 billion as of March [...]
FORT WORTH, TX--(Marketwired - Apr 28, 2016) - Range Resources Corp. (NYSE: RRC) today announced its first quarter financial results. Highlights - Unit costs reduced by 10%, or $0.29 per mcfe compared to prior-year quarter Completed and contracted asset sales announced totaling approximately $190 million of proceeds Absolute debt levels reduced by $631 million over the last twelve months Existing $3 billion bank credit [...]
FORT WORTH, TX--(Marketwired - Mar 28, 2016) - RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that it has completed the sale of its Bradford County non-operated assets. After purchase price adjustments based upon a January 1st effective date, Range received approximately $110 million of sales proceeds at the closing plus retaining the net cash flow since the effective date. In early February, Range signed a [...]
FORT WORTH, TX--(Marketwired - Mar 18, 2016) - Range Resources Corp. (NYSE: RRC) announced today that its first quarter 2016 financial results news release will be issued Thursday, April 28 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Friday, April 29 at 9:00 a.m. ET (8:00 am CT). To participate in the call, please dial 877-407-0778 and ask [...]