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FT WORTH, Texas (AP) _ Range Resources Corp. (RRC) on Wednesday reported a third-quarter loss of $300.9 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Ft Worth, Texas-based company said it had a loss of $1.81. Earnings, adjusted for one-time gains and costs, were 3 cents per share.
The results surpassed Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.
The independent oil and gas company posted revenue of $415.9 million in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $392.4 million.
Range Resources shares have declined 46 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 1.5 percent. In the final minutes of trading on Wednesday, shares hit $28.83, a decrease of 57 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RRC at http://www.zacks.com/ap/RRC
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Keywords: Range Resources, Earnings Report
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Range Resources Ltd
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EXPLORATEUR |
CODE : RRS.AX |
ISIN : AU000000RRS3 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Range Res. est une société d’exploration minière d'or basée en Australie. Range Res. détient divers projets d'exploration en Australie. Ses principaux projets en exploration sont CORACHAPI au Perou et DONNYBROOK en Australie. Range Res. est cotée en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 7,6 millions AU$ (5,2 millions US$, 4,7 millions €). La valeur de son action a atteint son plus haut niveau récent le 11 mars 2011 à 0,38 AU$, et son plus bas niveau récent le 22 novembre 2019 à 0,00 AU$. Range Res. possède 7 595 830 272 actions en circulation. |