Range Resources’ 2Q16 cash flow
For 2Q16, Range Resources (RRC) reported cash flow of $0.49 per share, which was lower by ~49% when compared with 2Q15.
As seen in above graph, Range Resources’ cash flows started to decline in 1Q15, mainly due to lower realized crude oil (USO) and natural gas (UNG) prices. In 2015, Range Resources reported lower cash flows when compared to the preceding years. In 2Q16, the company reported the lowest cash flow since 2006.
For 2Q16, Range Resources’ free cash flow was -$0.31 per share.