Range Resources Corporation (RRC) Earnings: Q3 2026 Results

Last updated November 2026

Short answer

Range Resources reported revenue of $843 million for Q3 2026, up 13% from a year earlier (Range Resources, Oct 27, 2026). Diluted EPS was $0.75, up 25% from $0.60. Natural gas sales brought in $372 million, up 3%. Every figure is from Range Resources's release. Walnut is informational, not investment advice.

RRC Q3 2026 results

In one sentence

Range Resources reported revenue of $843 million for Q3 2026, up 13% from a year earlier (Range Resources, Oct 27, 2026).

MeasureQ3 2026Q3 2025Change
Revenue$843 million$749 millionup 13%
Diluted EPS (GAAP)$0.75$0.60up 25%
Diluted EPS (Adjusted diluted EPS (non-GAAP))$0.81$0.57up 42%
Net income$175 million$144 millionup 21%

The quarter ended September 30, 2026 and Range Resources published the results on October 27, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Range Resources reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted diluted EPS (non-GAAP), which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

  • Revenue here is Range's own line, total revenues and other income. It includes derivative fair value income and brokered natural gas and marketing as well as natural gas, NGLs and oil sales of $737.9 million.
  • On October 25, 2026 Range agreed to an all-stock merger with EQT Corporation, expected to close in the first quarter of 2027. Range did not host an earnings call for this quarter because of it.

Source: Range Resources Q3 2026 results (Form 8-K, Exhibit 99.1), October 27, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

RRC revenue by segment

How Range Resources splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

Revenues and other incomeQ3 2026Q3 2025Change
Natural gas sales$372 million$361 millionup 3%
NGLs sales$321 million$224 millionup 43%
Oil sales$45.2 million$26.0 millionup 74%
Derivative fair value income$58.1 million$92.9 milliondown 37%
Brokered natural gas and marketing$46.5 million$43.8 millionup 6%
Other income$0.3 million$0.3 milliondown 6%
  • Range Resources's Natural gas sales revenue was $372 million in Q3 2026, up 3% from $361 million in Q3 2025, 44% of total revenue.
  • Range Resources's NGLs sales revenue was $321 million in Q3 2026, up 43% from $224 million in Q3 2025, 38% of total revenue.
  • Range Resources's Oil sales revenue was $45.2 million in Q3 2026, up 74% from $26.0 million in Q3 2025, 5% of total revenue.
  • Range Resources's Derivative fair value income revenue was $58.1 million in Q3 2026, down 37% from $92.9 million in Q3 2025, 7% of total revenue.
  • Range Resources's Brokered natural gas and marketing revenue was $46.5 million in Q3 2026, up 6% from $43.8 million in Q3 2025, 6% of total revenue.
  • Range Resources's Other income revenue was $0.3 million in Q3 2026, down 6% from $0.3 million in Q3 2025, under 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

RRC recent quarters

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

QuarterRevenueDiluted EPSReported
ended Sep 30, 2026
$843 million$0.75Oct 27, 2026
Q2 2026
ended Jun 30, 2026
$834 million$0.83Jul 21, 2026
Q1 2026
ended Mar 31, 2026
$1,034 million$1.44Apr 21, 2026
Q4 2025
ended Dec 31, 2025
$820 million$0.75Feb 24, 2026
Q3 2025
ended Sep 30, 2025
$749 million$0.60Oct 28, 2025

Total revenues and other income and GAAP diluted EPS, each as first reported in that quarter's earnings release. Revenue moves with derivative fair value income, which swings with commodity prices.

When does RRC report earnings next?

We do not hold a confirmed date for Range Resources's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Past Range Resources quarterly reports

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

  • Q3 2026 (this page), reported Oct 27, 2026

What Range Resources's revenue is made of

Range Resources reports total revenues and other income of $842.8 million for Q3 2026, up 13% from $748.5 million. Natural gas, NGLs and oil sales made up $737.9 million of it, up 21%: natural gas $371.8 million, NGLs $321.0 million and oil $45.2 million. The rest was $58.1 million of derivative fair value income and $46.5 million of brokered natural gas and marketing. (Range Resources Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Oct 27, 2026)

Range Resources' sales rose on volume and liquids prices. Production averaged 2,499,104 mcfe per day, about 68% natural gas, up 12% from 2,227,831 mcfe per day. NGL production rose 15% to 126,674 barrels per day, and total liquids production reached a record 133,173 barrels per day. The pre-hedge NGL price was $27.54 per barrel, up 25% from $22.09 and $1.54 above the Mont Belvieu equivalent, while the natural gas price before hedges fell 7% to $2.38 per mcf. (Range Resources Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Oct 27, 2026)

Range Resources hedges part of its production. Including settled hedges its realized price was $3.43 per mcfe, a $0.48 premium to NYMEX natural gas, and settled NYMEX hedges added $0.21 per mcfe. Transportation, gathering, processing and compression costs of $349.9 million, or $1.52 per mcfe, are reported as an expense and are not netted out of revenue. (Range Resources Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Oct 27, 2026)

Range Resources produces natural gas, NGLs and oil in the Appalachian region, mainly the Marcellus Shale in Pennsylvania. At December 31, 2025 it had 18.1 Tcfe of estimated net proved reserves, 65% gas, 34% NGLs and 1% oil. In Q3 2026 it turned 17 wells to sales, and its 2026 plan calls for 68 wells, 50 in the liquids-rich area and 18 in dry gas. (Range Resources Form 10-K, 2025, Feb 24, 2026; Range Resources Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Oct 27, 2026)

What Range Resources's EPS includes

Range Resources earned GAAP diluted EPS of $0.75 in Q3 2026, against $0.60 a year earlier, on net income of $175.3 million. Its adjusted figure, net income comparable to analysts' estimates, was $190.8 million or $0.81 per diluted share, against $0.57. The adjustments remove the change in fair value of derivatives before settlement ($0.03 per share, a deduction), and add back stock-based compensation ($0.05), exit costs ($0.03) and abandonment and impairment of unproved properties ($0.02), net of tax. (Range Resources Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Oct 27, 2026)

Range Resources' diluted weighted average shares fell 2% to 235.0 million. It repurchased no shares during the quarter and had $1.4 billion of availability under its buyback program. Net debt was about $794 million, $500 million of senior notes and $294 million on the credit facility, and interest expense fell to $13.8 million from $23.2 million. Income tax expense was $48.7 million, of which $45.9 million was deferred. (Range Resources Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Oct 27, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Consensus and guidance at Range Resources

Range Resources gave no updated production or financial outlook in its Q3 2026 release and did not host a call, citing its pending merger with EQT. The forward figures in the release are its 2026 well plan (68 wells turned to sales, 13 of them still to come after the third quarter) and a note that Q3 capital spending of $170 million was about 25% of the 2026 budget. (Range Resources Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Oct 27, 2026)

Under the merger agreement signed October 25, 2026, Range shareholders are to receive 0.987 shares of EQT common stock per Range share and own about 27 percent of the combined company. The deal is expected to close in the first quarter of 2027, subject to shareholder and regulatory approvals, and carries termination fees of $423 million payable by Range or $1.148 billion payable by EQT in specified cases. (Range Resources Form 10-Q, Q3 2026, Oct 27, 2026)

A consensus figure is the average of the models published by the analysts who cover Range Resources, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The numbers analysts watch at Range Resources

The figures below are the ones Range Resources's own release and filings put weight on for Q3 2026, with the latest reported value for each.

MetricLatest reported
Production
2.50 Bcfe per day, about 68% natural gas
Up 12% from 2,227,831 mcfe per day
Liquids production
Record 133,173 barrels per day
NGLs 126,674 and oil 6,499 barrels per day
Realized price including hedges
$3.43 per mcfe, a $0.48 premium to NYMEX
Year earlier: $3.29 per mcfe
Cash unit costs
$1.91 per mcfe, unchanged
Transportation, gathering, processing and compression $1.52 per mcfe
Cash flow from operations before working capital
$347 million
GAAP operating cash flow $308 million; capital spending $170 million
Net debt
About $794 million
Down 35% from December 31, 2025

What the quarter means for a holding is a separate question from what it reported. The case for and against owning RRC is on is RRC a buy or a sell?, what analysts expect next is on the RRC forecast, and what the company does is on the Range Resources Corporation (RRC) stock page.

How to check RRC's figures yourself

Every number on this page can be traced to a document Range Resources published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

  • The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
  • The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
  • The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
  • Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.

Your questions about Range Resources

Ask Walnut's AI anything about RRC and see how it fits what you own.

FAQ

What was Range Resources's revenue last quarter?

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Range Resources reported revenue of $843 million for Q3 2026, the quarter ended September 30, 2026, against $749 million in Q3 2025 (up 13%). The figures come from Range Resources's results release of October 27, 2026.

What were RRC's earnings per share for Q3 2026?

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Diluted EPS was $0.75 on a GAAP basis, against $0.60 a year earlier. On Range Resources's Adjusted diluted EPS (non-GAAP) basis it was $0.81, against $0.57. The two differ because the adjusted figure leaves out items the company treats as outside its operating results; the release reconciles one to the other.

When does RRC report earnings next?

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We do not hold a confirmed date for Range Resources's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.

Where does Range Resources's revenue come from?

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Range Resources's Natural gas sales revenue was $372 million in Q3 2026, up 3% from $361 million in Q3 2025, 44% of total revenue. Range Resources's NGLs sales revenue was $321 million in Q3 2026, up 43% from $224 million in Q3 2025, 38% of total revenue. Range Resources's Oil sales revenue was $45.2 million in Q3 2026, up 74% from $26.0 million in Q3 2025, 5% of total revenue. Range Resources's Derivative fair value income revenue was $58.1 million in Q3 2026, down 37% from $92.9 million in Q3 2025, 7% of total revenue. Range Resources's Brokered natural gas and marketing revenue was $46.5 million in Q3 2026, up 6% from $43.8 million in Q3 2025, 6% of total revenue. Range Resources's Other income revenue was $0.3 million in Q3 2026, down 6% from $0.3 million in Q3 2025, under 1% of total revenue. These are the lines of Range Resources's own "revenues and other income" table for Q3 2026.

How much did Range Resources's revenue grow last quarter?

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Up 13% on the year: $843 million in Q3 2026 against $749 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Range Resources's business do not distort it.

What is the difference between Range Resources's GAAP and Adjusted diluted EPS (non-GAAP) EPS?

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GAAP EPS follows US accounting rules and is the figure in the audited statements. Range Resources's Adjusted diluted EPS (non-GAAP) EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $0.75 and $0.81. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.

Where do the RRC numbers on this page come from?

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From Range Resources's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.

Walnut is informational, not investment advice. Reported figures are copied from Range Resources's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.

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