Range 2Q: Record Drilling & Fracking, Slower 2H, Rare Utica Test

Range Resources released second quarter 2026 results on July 21 and held its analyst call on July 22. For Marcellus landowners and RRC shareholders alike, there's a lot packed into this one. Range produced 2.30 Bcfe/d in 2Q26, roughly 67% natural gas, up 5% from a year ago. Of particular note for landowners, Range's drilling tempo for new wells will slow somewhat during the second half. However, great news for those already drilled. Range is drilling over 50% of its wells on existing pads this year. And, Range drilled a rare Utica well. Does that mean more Utica drilling is on the way for the company?

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