Weekly Recap: Preliminary $73.5M derivatives gain and UBS, Stephens cuts

Range Resources (NYSE:RRC) reported a preliminary Q2 2026 derivatives gain of $73.5M—including $35.3M net cash settlements driven by gas—yet shares slid about 3.7% to ~$35.36 after UBS and Stephens cut targets on a weaker natural gas outlook and rising storage.,

Previous Week Recap

• Range Resources Derivatives Gain: Range Resources (RRC) reported a preliminary $73.5M total derivatives gain for Q2 2026, with $35.288M net cash settlements: $51.024M gas, $1.765M gas basis, -$10.311M oil, -$7.19M NGL.
• Range Resources Falls On Downgrades: Range Resources (RRC) fell ~3.7% after UBS and Stephens cut price targets amid weaker natgas outlook and rising storage; stock trades near $35.36, about 25.8% below its 52‑week high

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