Range Resources 1Q17: Production Soars 40%, 1st Profit in 2 Yrs

Range Resources, one of the most prolific producers in southwestern Pennsylvania, reported its first quarter of profit in two years. Range swung from a loss of $94 million in 1Q16 to a profit of $170 million in 1Q17. After two years of cutting its capital expenditure spending, Range is once again increasing capex. This year, […]

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