Company report
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31 Pages

Range Resources Corp corporate - reported results analysis


Range Resources Corp corporate - reported results analysis

Report summary

Range grabbed headlines by announcing a 2017 capital budget more than double 2016 levels. Catalysed by its first full-quarter with its Louisiana assets purchased from Memorial Resources, the company delivered record production, up 23% sequentially, and expects to grow volumes between 33% and 35% in 2017. Progress on cost cutting, normalised lateral lengths and improved NGL realisations were touted, as the company's operational momentum shows no signs of slowing. The company is targeting 8,300/ft lateral lengths in the southern Marcellus in 2017 (compared with 6,500 feet in 2016), with an eye toward further boosting EURs in its top-flight Pennsylvania acreage.

What's included?

This report includes 1 file(s)

  • Range Resources Corp corporate - reported results analysis PDF - 411.87 KB 31 Pages, 0 Tables, 2 Figures

Description

The upstream oil and gas industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation have all impacted the production process.

This has forced companies to re-examine their corporate strategy, moving away from high-risk exploratory drilling to lower-risk exploration in mature basins as they search for increased returns.

This Upstream Oil and Gas Reported Results Analysis report provides rapid response analysis on company quarterly results and strategy presentations. Use it to gain the upper hand with Wood Mackenzie's opinion on the latest corporate developments.

Widely used by both the energy and financial sectors, our report gives you a unique perspective on key strategic and financial challenges, as well as opportunities facing this oil and gas company.

Wood Mackenzie provides an independent evaluation and expert opinion on the operational performance, strategy and future of the world's top oil and gas companies. Our unique, objective analysis helps you understand, validate, compare and challenge market and corporate views so you can assess strategic opportunities.

  • Q4 2016
    • Operational performance
    • Financial performance
  • Q3 2016
    • Operational performance
    • Financial performance
    • M&A
  • Q2 2016
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
  • Q1 2016
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
  • Q4 2015
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
  • Q3 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
  • Q2 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
  • Q1 2015
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
  • Q4 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
  • Year-end 2014 reserves and 2015 guidance update
    • Overview
  • 2015 capital budget
    • Overview
    • Strategy / investment
    • Operational performance:
  • Q3 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
  • Q2 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
  • Q1 2014
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
  • Q4 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A
  • Year-end 2013 Reserves and resources update
    • Overview
  • Q3 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
  • Q2 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
  • Q1 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A

In this report there are 2 tables or charts, including:

  • Q4 2016
    • Range: evolution of quarterly net income
    • Range: evolution of quarterly production
  • Q3 2016
  • Q2 2016
  • Q1 2016
  • Q4 2015
  • Q3 2015
  • Q2 2015
  • Q1 2015
  • Q4 2014
  • Year-end 2014 reserves and 2015 guidance update
  • 2015 capital budget
  • Q3 2014
  • Q2 2014
  • Q1 2014
  • Q4 2013
  • Year-end 2013 Reserves and resources update
  • Q3 2013
  • Q2 2013
  • Q1 2013
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