Investing.com - Range Resources (NYSE:RRC) reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Range Resources announced earnings per share of $0.96 on revenue of $1.57B. Analysts polled by Investing.com anticipated EPS of $0.9773 on revenue of $876.25M.
Range Resources shares are up 12.06% from the beginning of the year, still down 24.55% from its 52 week high of $26.48 set on October 25, 2021. They are outperforming the EUR/USD which is down 0% from the start of the year.
Range Resources shares gained 3.85% in after-hours trade following the report.
Range Resources follows other major Energy sector earnings this month
Range Resources's report follows an earnings beat by Exxon Mobil on February 1, who reported EPS of $2.05 on revenue of $84.97B, compared to forecasts EPS of $1.94 on revenue of $85.01B.
Chevron had missed expectations on January 28 with fourth quarter EPS of $2.56 on revenue of $48.13B, compared to forecast for EPS of $3.13 on revenue of $45.34B.
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