Range Announces Fourth Quarter and Year-End 2018 Results

Range Announces Appalachian Overriding Royalty Sale for $300 Million

FORT WORTH, Texas, Feb. 25, 2019 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its fourth quarter and year-end 2018 financial results. 

Commenting on the results and 2019 plans, Jeff Ventura, the Company’s CEO said, “Range made solid progress on key strategic objectives in 2018.  Our capital spending was disciplined, coming in $31 million under budget due to efficient operations, longer laterals and innovative water recycling.  For the year, Range generated free cash flow, reduced absolute debt, and also made good progress on our leverage targets with contribution of the royalty sale announced in late 2018.
“I believe the Company is positioned well, with a …

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