NYSE$RRC
Range Resources Corp · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Range Resources reported solid performance with positive net income in Q4 2024.
Range Resources reported Q4 2024 revenue of $626 million and net income of $95 million, driven by strong natural gas production and price realizations. The company maintained a disciplined capital program and delivered positive free cash flow despite a challenging commodity price environment.
- Revenue for Q4 2024 was $626 million.
- Net income for Q4 2024 was $95 million.
- Natural gas production averaged 1.505 Bcf per day.
- Fourth quarter natural gas, NGLs, and oil price realizations averaged $3.48 per mcfe.
Headline financials
Revenue & EPS history
Range Resources · Revenue · Quarterly
$626M
Revenue by segment
Range Resources · $527M total across 3 segments · Q3 2023
- Natural Gas Sales$247M-76.6%46.9%
- NGLs Sales$238M-26.9%45.2%
- Oil Sales$41.5M-24.9%7.9%
Forward guidance
Range Resources expects modest production growth in 2025 while maintaining a disciplined capital program and focusing on free cash flow generation.
Tailwinds
- 2025 capital budget of $650 million to $690 million.
- Targeting annual production of approximately 2.2 Bcfe per day.
- Strong balance sheet with reduced debt levels.
- Continued focus on natural gas and NGLs production.
- Expected benefits from increased natural gas export capacity in 2026.
Headwinds
- Potential volatility in natural gas prices.
- Continued impact from rising interest expenses.
- Ongoing high capital expenditures.
- Uncertainty in commodity price differentials.
- Cost pressures due to inflation in the supply chain.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.7%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+3.3%
Avg return
30 days after
57%
41 / 72 earnings
Positive
+18.9%
Q2 2020
Best reaction
-16.9%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.3% | +3.0% | -0.1% | |
| Q4 2025 | +1.6% | +6.1% | +21.8% | |
| Q3 2025 | -5.4% | -0.1% | +6.8% | |
| Q1 2025 | +2.3% | +5.9% | +18.8% | |
| Q4 2024 | +2.8% | -1.8% | +1.7% | |
| Q3 2024 | +3.3% | +4.6% | +18.8% | |
| Q2 2024 | -5.4% | -5.5% | -10.3% | |
| Q1 2024 | +4.6% | +3.3% | -0.5% | |
| Q4 2023 | +4.1% | -4.7% | +1.0% | |
| Q3 2023 | -1.3% | +0.1% | -3.6% | |
| Q2 2023 | +1.0% | +4.2% | +3.0% | |
| Q1 2023 | -1.6% | +3.7% | +16.9% | |
| Q4 2022 | -4.7% | +8.2% | -2.6% | |
| Q3 2022 | +10.6% | +5.0% | +15.2% | |
| Q2 2022 | +11.4% | +11.3% | +16.9% | |
| Q1 2022 | +1.9% | -1.1% | +14.7% | |
| Q4 2021 | +10.9% | +14.9% | +57.7% | |
| Q3 2021 | -6.5% | -11.0% | -18.7% | |
| Q2 2021 | -2.6% | -0.5% | -8.9% | |
| Q1 2021 | +10.3% | +11.2% | +55.3% | |
| Q4 2020 | +3.8% | +3.3% | +1.4% | |
| Q3 2020 | -16.9% | -19.7% | -1.8% | |
| Q2 2020 | +18.9% | +27.9% | +7.6% | |
| Q1 2020 | -1.5% | -3.9% | -2.6% | |
| Q4 2019 | -1.1% | -2.9% | -21.1% | |
| Q3 2019 | +1.6% | +11.5% | +2.4% | |
| Q2 2019 | -7.0% | +0.2% | -32.4% | |
| Q1 2019 | -0.7% | -5.2% | -17.2% | |
| Q4 2018 | -0.1% | +3.1% | +1.5% | |
| Q3 2018 | -5.9% | -5.1% | -3.7% | |
| Q2 2018 | +6.6% | +7.6% | +14.5% | |
| Q1 2018 | +5.4% | +3.1% | +13.2% | |
| Q4 2017 | -1.9% | +8.1% | +7.3% | |
| Q3 2017 | -2.0% | -2.1% | -4.1% | |
| Q2 2017 | -15.2% | -15.3% | -17.8% | |
| Q1 2017 | +0.3% | -3.6% | -12.1% | |
| Q4 2016 | -4.9% | -8.9% | -9.0% | |
| Q3 2016 | -3.3% | -4.5% | +1.7% | |
| Q2 2016 | -1.3% | -1.7% | -2.2% | |
| Q1 2016 | +5.3% | — | — | |
| Q4 2015 | +2.3% | — | — | |
| Q3 2015 | +3.0% | — | — | |
| Q2 2015 | +0.9% | — | — | |
| Q1 2015 | +1.3% | — | — | |
| Q4 2014 | +5.0% | — | — | |
| Q3 2014 | -2.0% | — | — | |
| Q2 2014 | +1.9% | — | — | |
| Q1 2014 | -1.4% | — | — | |
| Q4 2013 | -3.0% | — | — | |
| Q3 2013 | +5.1% | — | — | |
| Q2 2013 | +6.1% | — | — | |
| Q1 2013 | -1.6% | — | — | |
| Q4 2012 | +5.3% | — | — | |
| Q3 2012 | -2.0% | — | — | |
| Q2 2012 | -1.6% | — | — | |
| Q1 2012 | +6.2% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q3 2011 | +4.6% | — | — | |
| Q2 2011 | +0.8% | — | — | |
| Q1 2011 | +0.9% | — | — | |
| Q4 2007 | +0.5% | — | — | |
| Q4 2010 | +0.5% | — | — | |
| Q3 2010 | +2.0% | — | — | |
| Q2 2010 | -4.6% | — | — | |
| Q1 2009 | -4.7% | — | — | |
| Q1 2010 | +1.6% | — | — | |
| Q4 2009 | +0.8% | — | — | |
| Q3 2009 | -5.9% | — | — | |
| Q3 2008 | -5.9% | — | — | |
| Q2 2009 | +4.2% | — | — | |
| Q4 2008 | +4.2% | — | — | |
| Q2 2008 | +4.2% | — | — |
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