Range Resources Corporation Earnings Summary — Q2 FY2026

• Range Resources expects to report a total gain on derivatives of $73.5 million for the second quarter ended June 30, 2026.
• Total net cash receipts from derivative settlements for the quarter are projected to be $35.3 million.
• Natural gas derivatives led settlements with a $51 million receipt, partially offset by losses in oil and NGL derivatives.
• Oil and NGL derivative settlements resulted in net cash payments of $10.3 million and $7.2 million respectively.
• The figures presented are preliminary and subject to change until the formal filing of the Q2 Form 10-Q.
• Management continues its shift toward operational efficiency and free cash flow generation within the Marcellus Shale.

Management maintains a focus on low-cost operations and capital discipline. Guidance emphasizes a commitment to returning capital to shareholders and further strengthening the balance sheet through debt reduction, targeting a value-focused model over aggressive production growth.

Stable

While derivative gains provide a short-term cash flow buffer, the report provides limited color on operational results, reflecting a steady execution of the existing deleveraging strategy.

The outlook remains highly sensitive to natural gas price fluctuations in the Appalachian Basin, though the company’s reduced leverage and focus on high-margin Marcellus inventory provide a more resilient foundation compared to prior cycles.