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Range Resources beats Q2 EPS by 20.54%, raises production outlook through 2027

Company Fundamentals
01 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Range Resources reported a strong Q2 2026 earnings beat with EPS of $0.79, surpassing estimates by 20.54%, and revenues of $833.57 million, 11.92% above expectations. The company plans to increase production from 2.3 Bcfe/d to 2.5 Bcfe/d by the end of the year and targets 2.6 Bcfe/d in 2027, driven by its core Appalachian assets. This growth is supported by rising demand in the PJM power market, fueled by AI data center expansion and regional supply constraints. Technical analysis suggests significant long-term upside potential, reflecting strong operational performance and bullish market patterns.

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