Jun 2026 (Q2 FY26) — Jul 22, 2026
Range Resources Q2 FY26 — Strong Operational Performance Drives Free Cash Flow and Shareholder Returns
Read the full callRange Resources earnings: last reported Wed, 22 Jul 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 834 | −2.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 195 | −17.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
4 of 4 judged targets kept · 9 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| FY2026 NGL premium vs. Mont Belvieu Index | $1.25 to $2.50 per barrel over Mont Belvieu index | Mar 2026 | we have improved our full year NGL guidance to $2.50 per barrel over the Mont Belvieu Index | Revised Up |
| 3-year outlook: FY2027 annual production | approximately 2.6 Bcfe per day | Dec 2024 | that's still on track for 2.6 Bcf equivalent per day | On Track |
9 of RANGE RESOURCES CORP's 13 targets are still open. See which are on track and which have gone quiet. The 2 above are the free sample; 11 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $36.25 on 22 Oct 2025 → $45.52. High $47.65 (27 Mar 2026), low $33.43 (14 Jan 2026).
Overview
Guidance
4 of 4 judged targets kept · 9 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| FY2026 NGL premium vs. Mont Belvieu Index | $1.25 to $2.50 per barrel over Mont Belvieu index | Mar 2026 | we have improved our full year NGL guidance to $2.50 per barrel over the Mont Belvieu Index | Revised Up |
| 3-year outlook: FY2027 annual production | approximately 2.6 Bcfe per day | Dec 2024 | that's still on track for 2.6 Bcf equivalent per day | On Track |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 13 tracked commitments, with each call’s wording and source.
Call summaries
Range Resources Q2 FY26 — Strong Operational Performance Drives Free Cash Flow and Shareholder Returns
Read the full callRange Resources Q1 FY26 — Strong FCF and Record NGL Premium Drive Balance Sheet Strength
Read the full callRange Resources Q4 FY25 — Strong Operational Performance and Enhanced Shareholder Returns
Read the full callEvery analysed call
Financials
Net profit, year on year: −18% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 615 | 627 | 691 | 856 | 749 | 820 | 1,034 | 834 |
| Expenses | 549 | 563 | 581 | 554 | 565 | 584 | 601 | 585 |
| Interest | 29 | 29 | 29 | 27 | 24 | 25 | 19 | 14 |
| Net profit | 51 | 95 | 97 | 238 | 144 | 179 | 342 | 195 |
| EPS ($ per share) | 0.21 | — | 0.40 | 0.99 | 0.61 | — | 1.45 | 0.83 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | -1,570 | -3,307 | -4,019 | -3,607 | -2,462 | -1,669 | -1,481 | -909 |
| Total liabilities | 5,649 | 4,265 | 4,499 | 4,575 | 3,750 | 3,438 | 3,411 | 3,103 |
| Fixed assets | 10 | 5 | 4 | 3 | 2 | 2 | 2 | 5 |
| Total assets | 9,708 | 6,612 | 6,137 | 6,661 | 6,626 | 7,204 | 7,348 | 7,422 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 991 | 682 | 269 | 793 | 1,865 | 978 | 945 | 1,171 |
| Cash from investing | -695 | 39 | -184 | -418 | -490 | -602 | -624 | -641 |
| Cash from financing | -295 | -721 | -85 | -161 | -1,589 | -164 | -228 | -834 |
| Net cash flow | 0 | 0 | -0 | 214 | -214 | 212 | 93 | -304 |
| Capital expenditure | -1 | — | — | — | — | — | — | — |
| Free cash flow | 989 | — | — | — | — | — | — | — |
Natural Gas Natural Gas Liquids and Oil Sales shrank from 94% to 92% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Natural Gas Natural Gas Liquids and Oil Sales | 94% | 95% | 94% | 95% | 93% | 95% | 95% | 92% | +5.3% |
| Brokered Natural Gas and Marketing | — | — | 6% | 5% | 7% | — | 5% | 8% | +74.2% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
| KPI | Dec 2025 Q4 FY25 | 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.
54 filings between Jan 31, 2026 and Aug 5, 2026.
Purchases
None
No insider bought shares.
Sales
$4.23M
10 sales by 7 insiders
Also filed: 26 other filings, 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Scucchi Mark | — | $1.25M | Mar 2, 2026 |
| Kavanaugh Ashley | — | $813.7K | Mar 2, 2026 |
| Degner Dennis | — | $693.1K | Mar 30, 2026 |
| DORMAN MARGARET K | — | $542.3K | Mar 18, 2026 |
| McDowell Erin W | — | $396.0K | Mar 27, 2026 |
| Cline Brenda A | — | $310.8K | Apr 7, 2026 |
| Spiller Reginal | — | $223.7K | Aug 5, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 5, 2026 | Spiller Reginal Director | Sale | 3,500 | $140.0K |
| Jun 1, 2026 | Degner Dennis Chief Executive Officer & Pres | Other | 7,572 | $301.2K |
| Jun 1, 2026 | Degner Dennis Chief Executive Officer & Pres | Other | 7,572 | $301.2K |
| Jun 1, 2026 | McDowell Erin W SVP & General Counsel | Other | 1,484 | $59.0K |
| Jun 1, 2026 | McDowell Erin W SVP & General Counsel | Other | 1,484 | $59.0K |
| May 14, 2026 | Spiller Reginal Director | Other | 5,258 | $218.2K |
| May 14, 2026 | Griffie Charles G. Director | Other | 5,258 | $218.2K |
| May 14, 2026 | Griffie Charles G. Director | Other | 5,258 | $218.2K |
| May 14, 2026 | DORMAN MARGARET K Director | Other | 5,258 | $218.2K |
| May 14, 2026 | DORMAN MARGARET K Director | Other | 5,258 | $218.2K |
| May 14, 2026 | Maxwell Greg G Director | Other | 7,182 | $298.0K |
| May 14, 2026 | Cline Brenda A Director | Other | 5,258 | $218.2K |
| May 14, 2026 | Cline Brenda A Director | Other | 5,258 | $218.2K |
| May 14, 2026 | Kendall Christian S Director | Other | 5,258 | $218.2K |
| May 14, 2026 | Kendall Christian S Director | Other | 5,258 | $218.2K |
| May 14, 2026 | Spiller Reginal Director | Other | 5,258 | $218.2K |
| May 14, 2026 | Maxwell Greg G Director | Other | 7,182 | $298.0K |
| May 13, 2026 | Maxwell Greg G Director | Award | 6,784 | $280.0K |
| May 13, 2026 | Kendall Christian S Director | Award | 4,967 | $205.0K |
| May 13, 2026 | Spiller Reginal Director | Award | 4,967 | $205.0K |
| May 13, 2026 | Cline Brenda A Director | Award | 4,967 | $205.0K |
| May 13, 2026 | DORMAN MARGARET K Director | Award | 4,967 | $205.0K |
| May 13, 2026 | Griffie Charles G. Director | Award | 4,967 | $205.0K |
| Apr 7, 2026 | Cline Brenda A Director | Sale | 7,000 | $310.8K |
| Mar 30, 2026 | Degner Dennis Chief Executive Officer & Pres | Sale | 15,000 | $693.1K |
| Mar 27, 2026 | McDowell Erin W SVP & General Counsel | Sale | 8,250 | $396.0K |
| Mar 27, 2026 | Scucchi Mark EVP & CFO | Award | 50,563 | $2.41M |
| Mar 27, 2026 | Degner Dennis Chief Executive Officer & Pres | Award | 76,334 | $3.64M |
| Mar 18, 2026 | DORMAN MARGARET K Director | Sale | 2,680 | $115.9K |
| Mar 17, 2026 | DORMAN MARGARET K Director | Sale | 9,820 | $426.4K |
| Mar 15, 2026 | McDowell Erin W SVP & General Counsel | Tax withheld | 10,295 | $447.9K |
| Mar 15, 2026 | McDowell Erin W SVP & General Counsel | Other | 13,376 | — |
| Mar 15, 2026 | McDowell Erin W SVP & General Counsel | Other | 13,376 | — |
| Mar 15, 2026 | Degner Dennis Chief Executive Officer & Pres | Other | 39,543 | — |
| Mar 15, 2026 | Scucchi Mark EVP & CFO | Tax withheld | 16,995 | $739.5K |
| Mar 15, 2026 | Scucchi Mark EVP & CFO | Other | 26,194 | — |
| Mar 15, 2026 | Scucchi Mark EVP & CFO | Other | 26,194 | — |
| Mar 15, 2026 | Degner Dennis Chief Executive Officer & Pres | Tax withheld | 25,656 | $1.12M |
| Mar 15, 2026 | Degner Dennis Chief Executive Officer & Pres | Other | 39,543 | — |
| Mar 9, 2026 | Spiller Reginal Director | Sale | 2,000 | $83.7K |
| Mar 2, 2026 | Scucchi Mark EVP & CFO | Sale | 30,000 | $1.25M |
| Mar 2, 2026 | Scucchi Mark EVP & CFO | Gift | 5,000 | $0 |
| Mar 2, 2026 | Kavanaugh Ashley VP, Principal Accting Officer | Sale | 18,540 | $778.7K |
| Mar 2, 2026 | Kavanaugh Ashley VP, Principal Accting Officer | Sale | 836 | $35.0K |
| Feb 26, 2026 | Kendall Christian S Director | Award | 25,000 | $970.7K |
| Feb 26, 2026 | McDowell Erin W SVP & General Counsel | Award | 1,277 | $49.6K |
| Feb 10, 2026 | Scucchi Mark EVP & CFO | Award | 32,024 | $1.16M |
| Feb 10, 2026 | McDowell Erin W SVP & General Counsel | Award | 24,846 | $900.0K |
| Feb 10, 2026 | Kavanaugh Ashley VP, Principal Accting Officer | Award | 9,855 | $357.0K |
| Feb 10, 2026 | Degner Dennis Chief Executive Officer & Pres | Award | 64,600 | $2.34M |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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