Investing.com - Range Resources (NYSE:RRC) reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Range Resources announced earnings per share of $0.3 on revenue of $626M. Analysts polled by Investing.com anticipated EPS of $0.2293 on revenue of $570.59M.
Range Resources shares are up 39.55% from the beginning of the year and are trading at $9.80 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Range Resources shares gained 4.81% in after-hours trade the report.
Range Resources follows other major Energy sector earnings this month
Range Resources's report follows an earnings beat by Schlumberger on Friday, who reported EPS of $0.21 on revenue of $5.22B, compared to forecasts EPS of $0.186 on revenue of $5.09B.
Valero Energy had beat expectations on Thursday with first quarter EPS of $-1.73 on revenue of $20.81B, compared to forecast for EPS of $-1.88 on revenue of $19.13B.
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