Range Resources (NYSE:RRC) is an independent natural gas, natural gas liquids (NGLs) and oil exploration and production company focused on the Appalachian Basin. Founded in 1976 and headquartered in Fort Worth, Texas, the company has built its operations around the development of the Marcellus and Utica shale plays, primarily in southwestern Pennsylvania, eastern Ohio and northern West Virginia. Through a combination of leasing, geological analysis and advanced drilling techniques, Range Resources seeks to maintain a balanced portfolio of high-quality acreage positions that drive long-term reserve growth and production efficiency.
Range Resources’ core activities include the drilling, completion and production of onshore wells, supported by a midstream infrastructure network that collects, processes and transports gas and NGLs. The company owns and operates gathering pipelines, compressor stations and processing plants that serve both its own production and third-party customers. By integrating upstream and midstream assets, Range Resources aims to reduce operating costs, enhance environmental performance and ensure reliable delivery to regional utilities, industrial users and power generators.
Over its history, Range Resources has demonstrated a willingness to adapt its portfolio through strategic acquisitions and divestitures. While the company previously held interests in areas such as the Permian Basin and the Eagle Ford, it has since refocused on its Appalachian operations to capitalize on the region’s strong infrastructure connectivity and low breakeven economics. This geographic specialization allows Range Resources to concentrate capital spending on projects that deliver consistent cash flow and scale advantages.
Leadership at Range Resources is led by President and Chief Executive Officer Jeff Ventura, who brings decades of experience in exploration and production. Under his guidance, the company continues to emphasize operational excellence, cost control and environmental stewardship, including initiatives to reduce methane emissions and optimize water usage. As Range Resources moves forward, it leverages its technical expertise and integrated asset base to navigate market dynamics and support the evolving energy needs of its customers.
