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Range Resources Corp (RRC.N)

RRC.N on New York Stock Exchange

16.78USD
16 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Sailingstone Capital reports 10.84 pct stake in Range Resources
Monday, 20 Jun 2016 05:27pm EDT 

Range Resources Corp :Sailingstone Capital Partners Llc reports a 10.84 percent stake in Range Resources Corp as of June 20, 2016 - SEC filing.  Full Article

Range Resources declares Q2 cash dividend of $0.02 on its common stock
Wednesday, 1 Jun 2016 06:00am EDT 

Range Resources Corp :Declared a quarterly cash dividend of $0.02 on its common stock for q2.  Full Article

Range Resources reports 47.6 pct stake in Memorial Resource Development
Tuesday, 24 May 2016 05:17pm EDT 

Range Resources Corp :Range Resources Corporation reports 47.6 percent stake in Memorial Resource Development Corp, as of May 15, 2016 - SEC filing.  Full Article

Range Resources says may be required to pay MRD termination fee of $125 mln or $300 mln
Thursday, 19 May 2016 06:21am EDT 

Range Resources Corp : Upon termination of merger agreement, either party may be required to make expense reimbursement payment of $25 million to other party . In certain other circumstances, MRD may be required to pay range a termination fee of $75 million .In certain other circumstances, Range may be required to pay MRD a termination fee of either $125 million or $300 million.  Full Article

Range Resources says deal to increase pro forma margins by about $0.45/MCFE for 2016 - conf call
Monday, 16 May 2016 10:12am EDT 

Range Resources Corp : Says Has Liquidity In Hand "To Take Care Of Whatever Might Arise On The Debt Side Of The Balance Sheet" - Conf call . Deal to increase pro forma margins by about $0.45 per MCFE for 2016 based on consensus estimates - Conf Call Further company coverage: [MRD.O RRC.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

Range Resources to buy Memorial Resource for $4.4 bln
Monday, 16 May 2016 06:00am EDT 

Memorial Resource Development Corp : Range Resources Corporation announces merger with Memorial Resource Development Corp . Deal for $4.4 billion . MRD shareholders will receive 0.375 shares of range common stock for each share of mrd common stock held . Deal valuation includes assumption of MRD's net debt, which was $1.1 billion as of March 31, 2016 . Boards of directors of both companies have unanimously approved terms of agreement . Says MRD will have right to nominate an independent director from mrd to a seat on range's board . Following transaction, shareholders of MRD are expected to own approximately 31% of outstanding shares of range . Based on range closing price on May 13, 2016, transaction has an implied value to MRD shareholders of $15.75 per share . MRD will have right to nominate an independent director from MRD to a seat on Range's board . Range to acquire all of outstanding shares of common stock of MRD in an all-stock transaction valued at $4.4 billion .Range resources CEO says, "transaction is also accretive to our cash flow".  Full Article

BRIEF-Range announces planned retirement of Executive Vice President and CFO

* Range announces planned retirement of Executive Vice President and CFO Roger S. Manny and promotion of Mark S. Scucchi to Senior Vice President and CFO Source text for Eikon: Further company coverage: