Range Resources’ Production Might Increase in 1Q18
For 1Q18, Range Resources (RRC) expects total production of 2.18 Bcfe (billion cubic feet equivalent) per day. On a YoY (year-over-year) basis, Range Resources’ 1Q18 production guidance is ~13% higher compared to its 1Q17 production of 1.93 Bcfe. Sequentially, Range Resources’ 1Q18 production guidance is higher by less than one percentage point compared to its 4Q17 production of 2.17 Bcfe.