RRC Q1 2024 Earnings — Range Resources Corporation Revenue & Financial Results | Market Cap Arena

RRCRange Resources Corporation

$10B

Q1 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$596M-27.2% YoY

Gross Profit

$164M27.5% margin

Operating Income

$110M18.5% margin

Net Income

$92M15.5% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

-8.4%

Cash Flow

Operating Cash Flow

$332M

Free Cash Flow

$177M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$7.4B

Total Liabilities

$3.5B

Stockholders' Equity

$3.8B

Cash & Equivalents

$343M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$596M	$818M	-27.2%
Gross Profit	$164M	$352M	-53.4%
Operating Income	$110M	$297M	-62.8%
Net Income	$92M	$481M	-80.9%

Revenue Segments

Natural Gas Natural Gas Liquids And Oil Sales

$567M95%

Brokered Natural Gas Marketing And Other

$32M5%