Range Resources out
Posted: Tue Oct 24, 2023 5:07 pm
https://ir.rangeresources.com/node/28056/pdf
Third Quarter 2023 Highlights –
Cash flow from operating activities of $150 million
Cash flow from operations, before working capital changes, of $240 million
Capital spending was $151 million, approximately 25% of the 2023 budget
Production averaged 2.12 Bcfe per day, approximately 68% natural gas
Price realizations including hedges of $3.09 per mcfe – premium of $0.54 over NYMEX natural gas
NGL realizations of $24.44 per barrel – premium of $0.63 over Mont Belvieu equivalent
Natural gas differentials, including basis hedging, averaged ($0.56) per mcf to NYMEX
Looks like a miss to Dan's numbers
Third Quarter 2023 Highlights –
Cash flow from operating activities of $150 million
Cash flow from operations, before working capital changes, of $240 million
Capital spending was $151 million, approximately 25% of the 2023 budget
Production averaged 2.12 Bcfe per day, approximately 68% natural gas
Price realizations including hedges of $3.09 per mcfe – premium of $0.54 over NYMEX natural gas
NGL realizations of $24.44 per barrel – premium of $0.63 over Mont Belvieu equivalent
Natural gas differentials, including basis hedging, averaged ($0.56) per mcf to NYMEX
Looks like a miss to Dan's numbers