RRC Range Resources (RRC) Q1 FY26 earnings call
Range Resources delivered a strong Q1 FY26, marked by robust free cash flow generation and record NGL premiums, significantly strengthening its balance sheet. The company is on track with its multi-year production growth plan, leveraging operational efficiencies and strategic marketing to capture value from increasing global energy demand. Management emphasizes a disciplined capital allocation strategy focused on durable free cash flow per share.
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RRC operating KPIs by quarter
| KPI | Dec 2025 Q4 FY25 | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Horizontal footage drilled | ~225K feetRange operated 2 horizontal rigs, drilling approximately 225,000 horizontal feet across 15 laterals, averaging 15,000 feet per well.Source: earnings call transcript | ~143K feetDuring the first quarter, our single horizontal rig drilled approximately 143,000 lateral feet.Source: earnings call transcript | ~190K feetWith the activity mentioned earlier, we drilled approximately 190,000 lateral feet during the second quarter.Source: earnings call transcript | — |
| Frac stages completed | ~1,200For completions, the team ended the fourth quarter completing approximately 1,200 frac stages.Source: earnings call transcript | 874For completions, Range's electric fracturing fleet set a program record by completing a total of 874 stages during the quarter.Source: earnings call transcript | <1,900Combined, the 2 crews completed nearly 1,900 frac stages, including downtime for moving between pad sites, this equates to completing over 10 stages per day per crew or an annualized rate of over 750,000 lateral feet for a single crew.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.