Range Resources (RRC +3.2%) says Q3 production volumes exceeded the upper range of guidance,...


Range Resources (RRC +3.2%) says Q3 production volumes exceeded the upper range of guidance, averaging 790 MMcfe/day, up 47% Y/Y and up 10% Q/Q; natural gas totaled 623.3 MMcf/day on average, 79% of total production. CEO Jeff Ventura says RRC is on track to meet its 35% production growth target for the year and was able to stay within its original capex budget.

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