Range Resources Corporation is an independent natural gas, natural gas liquids, and oil company engaged in exploration, development, and acquisition of natural resource properties.
Range Resources Corporation operates as a prominent independent energy company specializing in natural gas, natural gas liquids (NGLs), and oil exploration and production across the United States. The company is actively involved in the exploration, development, and acquisition of natural gas and oil properties, with a strategic focus on maximizing resource potential and operational efficiency. As of December 31, 2021, Range Resources Corporation boasts a substantial portfolio that includes ownership and operation of 1,350 net producing wells and approximately 794,000 net acres under lease, primarily situated in the Appalachian region of the northeastern United States.
The core operations of Range Resources Corporation encompass the marketing and sale of natural gas, NGLs, and oil to a diverse customer base. This includes utilities, marketing and midstream companies, industrial users, petrochemical end users, traders, natural gas processors, crude oil processors, transporters, and refining and marketing companies. By leveraging its extensive infrastructure and market expertise, the company effectively manages the entire value chain from production to distribution, ensuring reliable supply and delivery of energy products.
Established in 1976 and headquartered in Fort Worth, Texas, Range Resources Corporation has a rich history of evolution and growth within the energy sector. Originally known as Lomak Petroleum, Inc., the company underwent a strategic rebranding in 1998 to Range Resources Corporation, aligning its identity with its expanding scope and operational footprint. With a commitment to innovation and sustainable energy practices, Range Resources Corporation continues to drive forward in its mission to deliver value to shareholders while contributing to the broader energy needs of the United States.