Current RRC Stock Info

Range Resources (ticker: RRC) reported Q2’12 and set new operational highs for the company:

Quarterly production was 65,456 MMcfe, a 51% increase from Q2’11, adjusting production for the sale of the company’s Barnett Shale assets. While we’re punching in data as companies are reporting Q2 results, we note from EnerCom’s 89-company database of U.S. operators that production growth between Q3’11 and Q1’12 was 3.9%.
RRC’s Marcellus production reached 500 MMcfe/d. The company guided Marcellus production would reach 600 MMcfe/d by year-end 2012.

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