Range Resources Corp.

Range Resources Corp. announced today that its third quarter 2020 financial results news release will be issued Thursday, October 29 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Friday, October 30 at 9:00 a.m. ET . A webcast of the call may be accessed at www.rangeresources.com. The webcast will be archived for replay on the Company's website [...]

Range Resources Corp. announced that it has signed a long-term ethane supply agreement with PTTGC America LLC to become an anchor supplier for a proposed world-scale ethylene cracker in Appalachia. This agreement is contingent upon PTTGCA reaching a final investment decision, which is expected in early 2021. “We are pleased to help support a world-class project that brings additional jobs to Appalachia, while utilizing [...]

Range Resources Corp. announced today the results to date of Range’s previously announced cash tender offers to purchase up to $500 million aggregate principal amount of its outstanding 5.750% senior notes due 2021 , 5.750% senior subordinated notes due 2021 , 5.875% senior notes due 2022 , 5.000% senior notes due 2022 , 5.000% senior subordinated notes due 2022 and 5.000% senior notes due 2023 . Based on information [...]

Range Resources Corp. announced the publication of an updated Corporate Sustainability Report today. The 2020 Corporate Sustainability Report covers a broader and deeper set of topics, with a focus on a material set of issues for the business and key stakeholders, underscoring the Company’s commitment to increased transparency around these important initiatives. “We have made significant progress toward our strategic [...]

Range Resources Corp. announced today that it has priced at par an offering of $300 million aggregate principal amount of its 9.250% senior notes due 2026 . Range expects that the net proceeds of the offering will be approximately $294.6 million. The size of the offering was increased from the previously announced $200 million to $300 million. The New Notes are being offered as additional notes to the $550 million [...]

Range Resources Corp. announced today the commencement of cash tender offers to purchase up to $400 million aggregate principal amount of its outstanding 5.750% senior notes due 2021 , 5.750% senior subordinated notes due 2021 , 5.875% senior notes due 2022 , 5.000% senior notes due 2022 , 5.000% senior subordinated notes due 2022 and 5.000% senior notes due 2023 in the priorities set forth in the table below. The [...]

Range Resources Corp. announced today that it intends, subject to market conditions, to offer $200 million aggregate principal amount of its 9.250% senior notes due 2026 in a private placement to eligible purchasers. The New Notes are being offered as additional notes to the $550 million aggregate principal amount of the 9.250% senior notes due 2026 previously issued by Range on January 24, 2020 . The New Notes will have [...]

Castleton Resources LLC today announced the closing of the previously announced acquisition of the Terryville upstream assets in Northern Louisiana from subsidiaries of Range Resources Corp.. Concurrent with the closing, Tokyo Gas America Ltd. increases its ownership stake in Castleton Resources from 46% to approximately 70%, with the balance held by Castleton Commodities International LLC . Castleton Resources now owns [...]

Range Resources Corp. today announced its second quarter 2020 financial results. Second Quarter Highlights – Well costs averaged less than $600 per lateral foot, including facility costs, the lowest in Appalachia Transportation, gathering, processing and compression expense improved $0.15 per mcfe, or 10% versus prior year Direct operating expense improved $0.05 per mcfe, or 31% versus prior year G&A expense improved [...]

Range Resources Corp. today announced that second quarter 2020 drilling and completion expenditures were $99 million, and second quarter production averaged 2,349 Mmcfe per day. Capital Expenditures Second quarter 2020 drilling and completion expenditures were $99 million. In addition, during the quarter, $5.0 million was used to fund acreage acquisitions and gathering systems. Year-to-date capital spending of $235 [...]