Investing.com - Range Resources (NYSE:RRC) reported on Monday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Range Resources announced earnings per share of $-0.1 on revenue of $376.6M. Analysts polled by Investing.com anticipated EPS of $-0.16 on revenue of $477.1M.
Range Resources shares are up 48.66% from the beginning of the year , still down 12.50% from its 52 week high of $8.24 set on June 8. They are outperforming the EUR/USD which is down 0% from the start of the year.
Range Resources shares lost 1.53% in after-hours trade following the report.
Range Resources follows other major Energy sector earnings this month
Range Resources's report follows an earnings missed by Exxon Mobil on Friday, who reported EPS of $-0.7 on revenue of $32.61B, compared to forecasts EPS of $-0.61 on revenue of $38.16B.
Chevron had missed expectations on Friday with second quarter EPS of $-1.59 on revenue of $13.49B, compared to forecast for EPS of $-0.93 on revenue of $21.87B.
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