Range Resources Q2 FY26 net income falls 18% to $195.32 million - RRC News | RalliesRange Resources Q2 FY26 net income falls 18% to $195.32 million
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RRC• Full-year outlook
- Range maintained its 2026 outlook for production of 2.35-2.40 Bcfe/day.
- The all-in capital budget was set at $650-700 million.
Q2 results and operating metrics
- Range Resources posted Q2 2026 net income of $195.32 million, down 18% year over year, as revenue slipped 3% to $833.57 million.
- Operating cash flow fell to $235.02 million from $336.19 million.
- Production averaged 2,296,399 mcfe/day, up 5%.
- Realized price after hedges edged up to $3.53/mcfe from $3.49/mcfe.
- Total unit costs plus DD&A eased 2% to $2.37/mcfe.
Capital returns and balance sheet
- Shareholder returns included $78 million in buybacks and $24 million in dividends.
- Net debt totaled $880.75 million at June 30.
