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 and are trading at $7.10 , down-from-52-week-high.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 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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