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Compared to Estimates, Range Resources (RRC) Q1 Earnings: A Look at Key Metrics
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For the quarter ended March 2026, Range Resources (RRC - Free Report) reported revenue of $1.02 billion, up 19.2% over the same period last year. EPS came in at $1.52, compared to $0.96 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $919.26 million, representing a surprise of +10.77%. The company delivered an EPS surprise of +14.29%, with the consensus EPS estimate being $1.33.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Range Resources performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net production per day - Natural Gas: 1,508.84 Mcf/D compared to the 1,553.79 Mcf/D average estimate based on six analysts.
Net production per day - Oil: 8,239.00 BBL/D versus 5,661.48 BBL/D estimated by six analysts on average.
Net production per day - Natural Gas Equivalent: 2,207.44 Mcfe/D versus the five-analyst average estimate of 2,251.98 Mcfe/D.
Net production per day - NGLs: 108.19 millions of barrels of oil per day versus 110.06 millions of barrels of oil per day estimated by five analysts on average.
Average realized prices after hedges - Natural Gas: $4.85 versus $4.56 estimated by five analysts on average.
Average realized prices after hedges - NGLs: $26.62 versus $24.49 estimated by four analysts on average.
Average realized prices after hedges - Oil: $58.41 versus the four-analyst average estimate of $60.46.
Average prices, excluding derivative settlements and before third-party - Natural Gas: $5.18 versus the three-analyst average estimate of $4.82.
Average prices, excluding derivative settlements and before third-party - NGLs: $26.62 versus $24.88 estimated by three analysts on average.
Revenues and other income- Natural gas, NGLs and oil sales: $1.01 billion compared to the $929.98 million average estimate based on three analysts. The reported number represents a change of +27.6% year over year.
Revenues and other income- Brokered natural gas, marketing and other: $57.23 million versus the three-analyst average estimate of $51.66 million. The reported number represents a year-over-year change of +5.2%.
Revenues and other income- Natural gas, NGLs and Oil Sales components- Natural gas sales: $704.08 million compared to the $655.7 million average estimate based on two analysts. The reported number represents a change of +43.6% year over year.
Shares of Range Resources have returned -9.3% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Range Resources (RRC) Q1 Earnings: A Look at Key Metrics
For the quarter ended March 2026, Range Resources (RRC - Free Report) reported revenue of $1.02 billion, up 19.2% over the same period last year. EPS came in at $1.52, compared to $0.96 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $919.26 million, representing a surprise of +10.77%. The company delivered an EPS surprise of +14.29%, with the consensus EPS estimate being $1.33.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Range Resources performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Range Resources here>>>
Shares of Range Resources have returned -9.3% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.