<p>Range Resources 最近的财报电话会议传达了广泛的积极情绪，强调了强劲的运营表现和财务实力。尽管在确保长期供应协议和应对全球液化石油气市场的不确定性方面面临一些挑战，公司对其增长前景持乐观态度。对效率、股东回报和市场趋势的战略关注增强了这一积极展望。</p>
<h2>强劲的运营表现</h2>
<p>Range Resources 报告了稳定的井口结果和自由现金流，保持了稳定的活动水平。公司在年度资本指导方面进展顺利，已投资 4.91 亿美元，计划投资额为 6.5 亿至 6.8 亿美元。这表明了坚实的运营基础和对战略目标的承诺。</p>
<h2>生产增长和未来计划</h2>
<p>公司预计其生产将在第四季度增长至约 23 亿立方英尺当量/天，目标是在 2027 年前达到 26 亿立方英尺当量/天。这标志着与当前水平相比显著增长 20%，展示了 Range Resources 雄心勃勃的增长轨迹和战略规划。</p>
<h2>积极的天然气和 NGL 市场趋势</h2>
<p>美国在第三季度出口了创纪录的液化天然气（LNG）量，Range 预计天然气和 NGL 市场未来需求强劲。预计到 2031 年，出口能力将增加一倍以上，使公司能够利用这些有利的市场趋势。</p>
<h2>财务实力和股东回报</h2>
<p>Range Resources 通过回购 1.77 亿美元的股票和支付近 6500 万美元的股息，展示了财务实力。此外，自年初以来，公司已将净债务减少了 1.75 亿美元，保持了强劲的财务状况和对股东回报的承诺。</p>
<h2>高效的运营和成本管理</h2>
<p>第三季度的现金运营费用为每百万立方英尺当量 0.11 美元，Range Resources 继续在现场实现效率，保持低再投资率。这一成本管理策略支持了公司的整体财务健康和运营效率。</p>
<h2>长期供应协议的不确定性</h2>
<p>关于最终确定长期供应协议的讨论仍在进行中，特别是在盆地内需求和潜在项目的背景下。这一不确定性给公司带来了挑战，公司正在积极应对。</p>
<h2>基础设施和市场动态的挑战</h2>
<p>必要基础设施的完成和投入使用对未来增长至关重要。此外，由于政治和国际动态，全球液化石油气市场仍存在不确定性，公司正在密切关注。</p>
<h2>前瞻性指导</h2>
<p>在 2025 年第三季度财报电话会议上，Range Resources 重申了其增长计划，季度总资本为 1.9 亿美元，生产为 22 亿立方英尺当量/天。公司与全年资本投资指导的 6.5 亿至 6.8 亿美元保持一致。Range Resources 目标是在 2025 年第四季度将生产增长至约 23 亿立方英尺当量/天，并在 2027 年前达到 26 亿立方英尺当量/天。公司强调其竞争优势，如低再投资率和显著的资本回报给股东，同时专注于扩展基础设施以满足日益增长的需求。</p>
<p>总之，Range Resources 的财报电话会议反映了积极的情绪，受到强劲的运营表现、财务实力和战略增长计划的推动。尽管在供应协议和基础设施发展方面面临一些挑战，公司仍处于有利位置，可以利用有利的市场趋势。投资者可以对 Range Resources 的未来前景保持乐观。</p>

RANGE资源

<p>Range Resources 最近的财报电话会议强调了强劲的运营表现和财务实力，尽管在确保长期供应协议方面面临挑战，但对增长持乐观态度。该公司计划在第四季度将产量提高到每天 2.3 Bcf 当量，并目标在 2027 年达到 2.6 Bcf。从财务角度来看，它已回购了 1.77 亿美元的股票，并支付了近 6500 万美元的股息。尽管全球液化石油气市场和基础设施发展仍存在不确定性，Range Resources 仍专注于提高效率和回报股东，为未来市场趋势做好了良好的定位</p>

<p>The recent earnings call for Range Resources conveyed a broadly positive sentiment, underscored by robust operational performance and financial strength. The company is optimistic about its growth prospects, despite facing some challenges in securing long-term supply agreements and navigating the uncertainties of the global LPG market. The strategic focus on efficiency, shareholder returns, and market trends bolsters this positive outlook.</p>
<div class="lb-trans"><p>Range Resources 最近的财报电话会议传达了广泛的积极情绪，强调了强劲的运营表现和财务实力。尽管在确保长期供应协议和应对全球液化石油气市场的不确定性方面面临一些挑战，公司对其增长前景持乐观态度。对效率、股东回报和市场趋势的战略关注增强了这一积极展望。</p>
</div><h2>Strong Operational Performance</h2>
<div class="lb-trans"><h2>强劲的运营表现</h2>
</div><p>Range Resources reported consistent well results and free cash flow, maintaining steady activity levels. The company is on track with its capital guidance for the year, having already invested $491 million out of a planned $650 million to $680 million. This demonstrates a solid operational foundation and commitment to its strategic goals.</p>
<div class="lb-trans"><p>Range Resources 报告了稳定的井口结果和自由现金流，保持了稳定的活动水平。公司在年度资本指导方面进展顺利，已投资 4.91 亿美元，计划投资额为 6.5 亿至 6.8 亿美元。这表明了坚实的运营基础和对战略目标的承诺。</p>
</div><h2>Production Growth and Future Plans</h2>
<div class="lb-trans"><h2>生产增长和未来计划</h2>
</div><p>The company expects its production to grow to approximately 2.3 Bcf equivalent per day in Q4, with a target of reaching 2.6 Bcf equivalent per day by 2027. This marks a significant 20% increase from current levels, showcasing Range Resources’ ambitious growth trajectory and strategic planning.</p>
<div class="lb-trans"><p>公司预计其生产将在第四季度增长至约 23 亿立方英尺当量/天，目标是在 2027 年前达到 26 亿立方英尺当量/天。这标志着与当前水平相比显著增长 20%，展示了 Range Resources 雄心勃勃的增长轨迹和战略规划。</p>
</div><h2>Positive Natural Gas and NGL Market Trends</h2>
<div class="lb-trans"><h2>积极的天然气和 NGL 市场趋势</h2>
</div><p>The U.S. exported record volumes of LNG in Q3, and Range anticipates strong future demand in both natural gas and NGL markets. Export capacities are expected to more than double by 2031, positioning the company to capitalize on these favorable market trends.</p>
<div class="lb-trans"><p>美国在第三季度出口了创纪录的液化天然气（LNG）量，Range 预计天然气和 NGL 市场未来需求强劲。预计到 2031 年，出口能力将增加一倍以上，使公司能够利用这些有利的市场趋势。</p>
</div><h2>Financial Strength and Shareholder Returns</h2>
<div class="lb-trans"><h2>财务实力和股东回报</h2>
</div><p>Range Resources has demonstrated financial strength by repurchasing $177 million in shares and paying nearly $65 million in dividends year-to-date. Additionally, the company has reduced its net debt by $175 million since year-end, maintaining a strong financial position and commitment to shareholder returns.</p>
<div class="lb-trans"><p>Range Resources 通过回购 1.77 亿美元的股票和支付近 6500 万美元的股息，展示了财务实力。此外，自年初以来，公司已将净债务减少了 1.75 亿美元，保持了强劲的财务状况和对股东回报的承诺。</p>
</div><h2>Efficient Operations and Cost Management</h2>
<div class="lb-trans"><h2>高效的运营和成本管理</h2>
</div><p>With cash operating expenses for Q3 at $0.11 per Mcfe, Range Resources continues to achieve efficiencies in the field, maintaining a low reinvestment rate. This cost management strategy supports the company’s overall financial health and operational efficiency.</p>
<div class="lb-trans"><p>第三季度的现金运营费用为每百万立方英尺当量 0.11 美元，Range Resources 继续在现场实现效率，保持低再投资率。这一成本管理策略支持了公司的整体财务健康和运营效率。</p>
</div><h2>Uncertainty in Long-term Supply Agreements</h2>
<div class="lb-trans"><h2>长期供应协议的不确定性</h2>
</div><p>Discussions around finalizing long-term supply agreements are still ongoing, particularly in the context of in-basin demand and potential projects. This uncertainty presents a challenge that the company is actively addressing.</p>
<div class="lb-trans"><p>关于最终确定长期供应协议的讨论仍在进行中，特别是在盆地内需求和潜在项目的背景下。这一不确定性给公司带来了挑战，公司正在积极应对。</p>
</div><h2>Challenges in Infrastructure and Market Dynamics</h2>
<div class="lb-trans"><h2>基础设施和市场动态的挑战</h2>
</div><p>The completion and commissioning of necessary infrastructure remain critical for future growth. Additionally, there is ongoing uncertainty in global LPG markets due to political and international dynamics, which the company is monitoring closely.</p>
<div class="lb-trans"><p>必要基础设施的完成和投入使用对未来增长至关重要。此外，由于政治和国际动态，全球液化石油气市场仍存在不确定性，公司正在密切关注。</p>
</div><h2>Forward-looking Guidance</h2>
<div class="lb-trans"><h2>前瞻性指导</h2>
</div><p>In its Third Quarter 2025 Earnings Call, Range Resources reiterated its growth plans, with all-in capital for the quarter at $190 million and production at 2.2 Bcf equivalent per day. The company aligns with its full-year guidance of $650 million to $680 million in capital investment. Range Resources aims for production growth to approximately 2.3 Bcf equivalent per day in Q4 2025 and 2.6 Bcf equivalent per day by 2027. The company highlights its competitive advantages, such as low reinvestment rates and significant capital returns to shareholders, while focusing on expanding infrastructure to meet increasing demand.</p>
<div class="lb-trans"><p>在 2025 年第三季度财报电话会议上，Range Resources 重申了其增长计划，季度总资本为 1.9 亿美元，生产为 22 亿立方英尺当量/天。公司与全年资本投资指导的 6.5 亿至 6.8 亿美元保持一致。Range Resources 目标是在 2025 年第四季度将生产增长至约 23 亿立方英尺当量/天，并在 2027 年前达到 26 亿立方英尺当量/天。公司强调其竞争优势，如低再投资率和显著的资本回报给股东，同时专注于扩展基础设施以满足日益增长的需求。</p>
</div><p>In summary, the earnings call for Range Resources reflects a positive sentiment, driven by strong operational performance, financial strength, and strategic growth plans. The company is well-positioned to capitalize on favorable market trends, despite facing some challenges in supply agreements and infrastructure development. Investors can remain optimistic about Range Resources’ future prospects.</p>
<div class="lb-trans"><p>总之，Range Resources 的财报电话会议反映了积极的情绪，受到强劲的运营表现、财务实力和战略增长计划的推动。尽管在供应协议和基础设施发展方面面临一些挑战，公司仍处于有利位置，可以利用有利的市场趋势。投资者可以对 Range Resources 的未来前景保持乐观。</p>
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RANGE 资源的财报电话会议突显了增长和乐观情绪