NYSE:RRCOil and Gas
Range Resources Contract And Dividend Shift Cash Flow Outlook
Range Resources (NYSE:RRC) has entered a new 10 year agreement to supply natural gas to a Midwest power plant at premium pricing.
The company has approved an 11% increase to its quarterly cash dividend.
These updates follow a period where the share price stands at $41.55, with the stock up 17.3% over the past 30 days and 301.9% over the past 5 years.
For investors tracking NYSE:RRC, this new supply deal adds a clearer revenue line tied to a specific power customer, which can help frame the...