Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when RRC files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsRange Resources reports Q2 2026: $333M operating cash flow, $102M shareholder returns
Filed July 22, 2026 · Period ending July 21, 2026 · ~1 min read
Key Changes
-
high
Generated $333M operating cash flow (before working capital changes) and returned $102M to shareholders through $78M in buybacks and $24M in dividends.
Item 2.02 verify on EDGAR → -
high
Reduced net debt 28% to $881M from $1.218B at year-end 2025, comprising $500M senior notes and $381M credit facility balance.
Item 2.02 verify on EDGAR → -
high
Achieved record NGL pricing premium of $3.49/barrel above Mont Belvieu equivalent ($29.10/barrel realized); raised full-year NGL guidance to +$2.00 to +$2.50/barrel.
Item 2.02 verify on EDGAR → -
high
Improved 2026 natural gas differential guidance to ($0.35) to ($0.40) versus NYMEX and condensate differential to ($10.00) to ($12.00) versus WTI.
Item 2.02 verify on EDGAR → -
medium
Production averaged 2.30 Bcfe/day (67% natural gas); capital spending of $222M represented 33% of full-year 2026 budget.
Item 2.02 verify on EDGAR →
Summary
Range Resources delivered a strong second quarter 2026, generating $333 million in operating cash flow before working capital changes while maintaining capital discipline at $222 million (33% of the annual budget). The company returned $102 million to shareholders through $78 million in buybacks and $24 million in dividends, and reduced net debt 28% to $881 million from year-end 2025 levels of $1.218 billion. The standout result was a record NGL pricing premium of $3.49 per barrel above Mont Belvieu equivalent, which management attributed to strategic access to international markets.
This performance drove upward revisions to full-year 2026 guidance across all three commodity differentials: natural gas to ($0.35) to ($0.40) versus NYMEX, NGLs to +$2.00 to +$2.50 per barrel versus Mont Belvieu, and condensate to ($10.00) to ($12.00) versus WTI. Production averaged 2.30 Bcfe per day, in line with the company's multi-year growth plan. The combination of strong cash generation, debt reduction, and improved pricing realizations positions Range to continue its balanced capital allocation strategy of growth investment and shareholder returns.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Range Resources announced second quarter 2026 financial results via press release.
Added in current filing · verify on EDGAR →
On July 21, 2026 Range Resources Corporation issued a press release announcing its second quarter 2026 results.
Range Resources disclosed its second quarter 2026 financial results through a press release. The 8-K body itself does not contain specific financial metrics; those details would be in the attached press release exhibit. This is a standard quarterly earnings disclosure filing.
Event · Exhibit 99.1
Range Resources reported Q2 2026 results: $333M operating cash flow, $78M share buybacks, $24M dividends, 2.30 Bcfe/d production, $222M capex.
Added in current filing · view on EDGAR → · paraphrased
Cash flow from operating activities of $235 million
Cash flow from operations, before working capital changes, of $333 million
Repurchased $78 million of shares and paid $24 million in dividends
Realized price, including hedges, was $3.53 per mcfe – a $0.64 premium versus NYMEX natural gas
Pre-hedge NGL realizations of $29.10 per barrel, a premium of $3.49 over the Mont Belvieu equivalent
Natural gas differential, including basis hedging, of ($0.47) per mcf to NYMEX
Production averaged 2.30 Bcfe per day, approximately 67% natural gas
Capital spending was $222 million, approximately 33% of the annual 2026 budget
Range Resources delivered Q2 2026 operating cash flow of $333 million (before working capital changes) and generated $235 million in GAAP operating cash flow. The company returned $102 million to shareholders through $78 million in share repurchases and $24 million in dividends. Production averaged 2.30 Bcfe per day (67% natural gas), and realized prices including hedges were $3.53 per mcfe, a $0.64 premium to NYMEX natural gas. Capital spending of $222 million represented 33% of the full-year 2026 budget.
Added in current filing · view on EDGAR →
Pre-hedge NGL realizations of $29.10 per barrel, a premium of $3.49 over the Mont Belvieu equivalent ... Range is improving its ... full-year NGL price guidance to a range of +$2.00 to +$2.50 relative to a Mont Belvieu equivalent barrel.
Range achieved a record NGL pricing premium of $3.49 per barrel above Mont Belvieu equivalent in Q2 2026, with pre-hedge realizations of $29.10 per barrel. Management attributed this to strategic access to international markets. The company raised full-year 2026 NGL price guidance to +$2.00 to$$3.8.8per barrel versus Mont Belvieu equivalent (prior guidance was +$1.25 to +$2.50).
Added in current filing · view on EDGAR →
Record completion efficiency with 1,900 stages completed by two crews and single-day record of 22 hours pumping ... Record drilling efficiency of nearly two miles drilled in a single day
Range set operational records in Q2 2026, completing 1,900 stages with two crews and achieving a single-day record of 22 hours of pumping. The company also drilled nearly two miles in a single day, a drilling efficiency record. These improvements support the company's multi-year growth plan and capital efficiency.
Added in current filing · view on EDGAR →
Range is improving its 2026 natural gas differential to average ($0.35) to ($0.40) relative to NYMEX. ... Range is improving its full-year NGL price guidance to a range of +$2.00 to +$2.50 relative to a Mont Belvieu equivalent barrel. ... Range is improving its 2026 condensate differential to average ($10.00) to ($12.00) relative to WTI.
Range improved 2026 price differential guidance across all three commodities. Natural gas differential guidance improved to ($0.35) to ($0.40) versus NYMEX (from ($0.35) to ($0.45)). NGL premium guidance increased to +$2.00 to$$3.8.8per barrel versus Mont Belvieu (from +$1.25 to +$2.50). Condensate differential improved to ($10.00) to ($12.00) versus WTI (from ($10.00) to ($14.00)). Production guidance remains 2.35-2.40 Bcfe per day for 2026.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Jul 23, 2026 · How we verify