Investing.com - Range Resources (NYSE:RRC) reported on Monday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Range Resources announced earnings per share of $0.24 on revenue of $434.7M. Analysts polled by Investing.com anticipated EPS of $0.2515 on revenue of $578.87M.
Range Resources shares are up 138.66% from the beginning of the year and are trading at $15.85 , 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 0.88% 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 $0.3 on revenue of $5.63B, compared to forecasts EPS of $0.2593 on revenue of $5.51B.
Halliburton had beat expectations on Tuesday, July 20, 2021 with second quarter EPS of $0.26 on revenue of $3.71B, compared to forecast for EPS of $0.2222 on revenue of $3.71B.
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