Range Resources Readies for Another Rough Commodity Cycle

摘要

Range Resources Corp. exceeded the high-end of its second quarter production guid- ance despite an unplanned outage at a MarkWest Energy Partners LP processing facility in Appalachia. Management said the com- pany was impacted by a tem- porary electrical outage at the facility that has since been resolved. It produced slightly more year/year at 2.287 Bcfe/d from 2.200 Bcfe/d and from 2.256 Bcfe/d in 1Q2019. The company had guided for 2.280 Bcfe/d at the high end.