Q1 2025 Range Resources Corp Earnings Call Transcript
Key Points
- Range Resources Corp (RRC) delivered strong free cash flow in Q1 2025, which allowed for increased returns to shareholders and debt reduction.
- The company achieved a new program drilling record, averaging 5,961 feet per day, demonstrating high operational efficiency.
- RRC's low-capital intensity and class-leading drilling and completion costs contribute to its through-cycle profitability.
- The company has secured a two-year contract extension for its electric hydraulic fracturing fleet, ensuring operational continuity.
- RRC's strategic marketing and transport portfolio enabled it to optimize sales mix and generate incremental cash flow, benefiting from strong export demand and improved storage levels.
- Production is expected to be slightly down in Q2 2025 due to scheduled processing maintenance.
- Completion spending will increase over the next two quarters, impacting short-term cash flow.
- There is uncertainty regarding the geopolitical impact on LPG trade and potential tariffs, which could affect pricing and demand.
- The company faces challenges in securing infrastructure for new in-basin demand projects, which could delay potential benefits.
- Volatility in natural gas pricing and financial markets presents ongoing risks to revenue and profitability.
Welcome to Range Resources first quarter 2025 financial results conference call. All lines have been placed on mute to prevent any background noise. Statements made during this conference call that are not historical facts are forward-looking statements. Such statements are subject to risks and uncertainties, which could cause actual results to differ materially from those in the forward-looking statements. After the speakers' remarks, there will be a question-and-answer period.
At this time, I would like to turn the call over to Mr. Laith Sando, SVP, Investor Relations at Range Resources. Please go ahead, sir.
Thank you, operator. Good morning, everyone, and thank you for joining Range's first quarter 2025 earnings call. The speakers on today's call are Dennis Degner, Chief Executive Officer; and Mark Scucchi, Chief Financial Officer.
Hopefully, you've had a chance to review the press release and updated investor presentation that we've posted on our website. We may
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
