The revenue and EPS miss, combined with declining GAAP earnings, may pressure RRC shares in the near term. However, strong operational momentum and share repurchases could provide a floor. Monitor analyst revisions and commodity price moves for further direction.
Price Chart
Executive Summary
Range Resources reported Q2 2026 GAAP revenue of $834M and adjusted EPS of $0.79, missing consensus estimates of $891.6M and $0.82 respectively. GAAP net income fell 18% YoY to $195M, though adjusted net income rose 18% to $186M. Operational highlights include record drilling/completion efficiencies and a strong NGL premium, but the top-line miss and declining GAAP earnings overshadow these positives.
Key Financial Metrics
Key Facts
- GAAP revenue $834M vs consensus $891.6M (miss of ~6.5%)
- Adjusted EPS $0.79 vs consensus $0.82 (miss of ~3.7%)
- GAAP net income $195M ($0.83/diluted), down 18% YoY from $238M
- Adjusted net income $186M ($0.79/diluted), up 18% YoY from $158M
- Cash flow from operations $235M; before working capital $333M
- Repurchased $78M of shares at avg $39.18; paid $24M in dividends
- Net debt $881M ($500M senior notes + $381M credit facility)
- 2026 capital budget maintained at $650-700M; production guidance 2.35-2.40 Bcfe/d
- Updated price differentials: natural gas NYMEX -$0.35 to -$0.40, NGLs MB +$2.00 to +$2.50, oil WTI -$10.00 to -$12.00
Financial Impact
Revenue miss of ~$58M vs consensus; EPS miss of $0.03; GAAP net income decline of $42M YoY
Risk Factors
- Natural gas and NGL price volatility could further pressure revenue
- Execution risk on 2026 capital program and production targets
- Potential for further earnings misses if differentials widen
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000315852-26-000018 |
| Document: 0000315852-26-000018-index.html | 0000315852-26-000018 |
| Document: 0000315852-26-000018.txt | 0000315852-26-000018 |
| 8-K Data (Synthetic) | 0000315852-26-000018 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 22, 2026 10w ago | 8-K | $38.75 $40.32 | ▼ −4.05% | ▼ −1.15% | $38.22 (+1.37%) |
Jul 21, 2026 10w ago | Press Release | $38.75 $40.32 | ▲ +4.05% | ▲ +1.15% | $38.22 (−1.37%) |
Jul 10, 2026 12w ago | 8-K | $35.49 $38.28 | ▲ +7.86% | ▲ +5.44% | $38.22 (+7.69%) |
May 29, 2026 18w ago | Press Release | $38.94 $37.57 | ▼ −3.51% | ▲ +0.12% | $38.22 (−1.84%) |
Apr 22, 2026 23w ago | 8-K | $43.24 $43.12 | ▼ −0.27% | ▼ −3.43% | $38.22 (−11.60%) |
Apr 21, 2026 23w ago | Press Release | $43.24 $43.12 | ▼ −0.27% | ▼ −3.43% | $38.22 (−11.60%) |
Apr 14, 2026 24w ago | 8-K | $41.16 $40.90 | ▲ +0.62% | ▲ +6.67% | $38.22 (+7.13%) |
Mar 2, 2026 30w ago | Insider Cluster | $41.89 $46.19 | ▲ +10.27% | ▲ +18.20% | $38.22 (−8.75%) |
Mar 2, 2026 30w ago | Insider Cluster | $41.89 $46.19 | ▼ −10.27% | ▼ −18.20% | $38.22 (+8.75%) |
Feb 25, 2026 31w ago | 8-K | $39.00 $46.45 | ▲ +19.11% | ▲ +24.34% | $38.22 (−1.99%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access