Range Resources (RRC): The company announced a 20% year-over-year increase in their production. Their guidance is now for full year production growth of 30% to 35%.
An updated Net Income and Cash Flow Forecast has been posted under the Sweet 16 Tab. EPG Members can log on, click on the Sweet 16 Tab, and click on the RRC logo to see our updated profile on the company and the new forecast model.
Note: 75% of RRC's natural gas production is hedged at approximately $4.45/mmbtu