Strong Free Cash Flow and Debt Reduction
Range Resources generated $183 million in free cash flow in Q1 2025, which allowed them to pay $22 million in dividends, repurchase $68 million worth of shares, and reduce net debt by $42 million.
Operational Efficiency in Drilling and Completions
Range set a new program drilling record by averaging 5,961 feet per day and maintained a 98% success rate within their geosteered landing target. The electric frac fleet also increased the average number of stages per day.
Advantageous NGL Export Pricing
Range leveraged East Coast access for NGL exports, securing premium pricing relative to Mont Belvieu, benefiting from strong propane demand and a record 41 million barrel draw in Q1.
In-Basin Demand and Strategic Projects
Range is collaborating on a new power generation facility in Pennsylvania. The project is expected to attract data centers and industrial operations that rely on reliable and efficient energy solutions.