Sunday, August 16, 2026
Range announces offering of Senior Notes- oil and gas 360- oil and gas 360

Digging into Range Resources: Cotton Valley Returns Rival the Marcellus

Terryville IRR of 100%+ Range Resources (ticker: RRC) announced first quarter results yesterday, showing net income of $170 million, or $0.69 per share. Range produced an average of 1.93 Bcfe/d in Q1 2017, a record for  the company. Production in Q2 is expected to be roughly equivalent to that of Q1, but production in the second half of 2017 will

Sustained Mid-$50 Oil Needed for Service Pricing Recovery: Baker Hughes

Large projects need stable higher oil Baker Hughes (ticker: BHI) announced first quarter results today, showing a net loss of $129 million, or ($0.30) per share. After adjusting for impairments and merger-related costs, Baker reports a loss of $15 million, or ($0.04) per share. Both results exceed those of Q4 2016, when the company reported adjusted and non-adjusted losses of