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RANGE RESOURCES CORP — Call Transcript 2026
May 13, 2026
Good morning, and thank you for joining the Range Resources Corporation annual stockholder meeting. I am Erin McDowell, Corporate Secretary for Range Resources, and I want to welcome you to our annual meeting. Our annual meeting will consist of a short formal meeting. If you have questions about the matters addressed at this meeting, please reserve those for the end, and we will do our best to respond during the meeting or follow up with you as needed. For any other questions about the company, our investor relations team is, as always, available to speak to you. At this time, I will turn the meeting over to Greg Maxwell, Chairman of the Board. Thank you, Erin. Good morning and welcome to the 2026 annual meeting of the stockholders of Range Resources Corporation. I'm Greg Maxwell, Chairman of the Board. With us today are my fellow board members, Brenda Cline, Margaret Dorman, Charles Griffie, Chris Kendall, Reg Spiller, and Dennis Degner, our President and CEO. Also joining us today is Cameron Darden with our independent auditing firm, Ernst & Young. On behalf of the entire board, I want to thank you for voting your proxy this year, and I assure you that the board carefully considers the results of each year's proxy vote in making decisions about the company. Erin McDowell, who is our Corporate Secretary, will serve as secretary and record the minutes of this meeting. Erin has also been designated to serve as the Inspector of Election of this meeting, and she has confirmed that a quorum is present. Erin. Thanks, Greg. Under the company's bylaws, the Board of Directors set March 16, 2026, as the record date. Notice of this meeting was sent on March 30, 2026. There were 235,448,484,929 shares of common stock outstanding on the record date. On request, we will make available an affidavit related to such notice and a certified list of the company stockholder as of the record date compiled by the company's transfer agent. Each outstanding share of common stock is entitled to one vote on the matters presented for a vote at this meeting. If anyone has a proxy for a stockholder or wants to vote at this meeting, please email a copy of your proof of stock ownership and your vote to [email protected] at this time. The proposals to be considered at this meeting are as follows. The first item will be the election of seven directors to serve on the board until the next annual meeting. Since it is an uncontested election, the stockholders will elect directors by a majority of vote as provided by the company's bylaws. The second matter will be to consider and vote on a non-binding proposal regarding executive compensation. The third item is a proposal to ratify the appointment of Ernst & Young as the registered public accounting firm for our 2026 fiscal year. Turning to the voting results. There are 217,983,195 shares of common stock represented at this meeting, equal to 92.56% of the outstanding common stock of the company. In voting for directors, the vote in favor is as follows: Brenda Cline, 98.93%; Dennis Degner, 99.25%; Margaret Dorman, 98.89%; Charles Griffie, 98.72%; Chris Kendall, 98.95%; Greg Maxwell, 99.01%; and... I'm sorry, Reginal Spiller, 96.52%. In the advisory voting on the executive compensation proposal, it was approved with 98.61% of the votes cast. With approval of 98.28% of the votes cast, Ernst & Young LLP was ratified as the company's registered public accounting firm for 2026. Thank you, Erin. There being no further formal business to conduct, the meeting is now adjourned. If you have any questions, we will take them now. As I mentioned before, we would appreciate you directing your questions to the matters addressed in our meeting. Mr. Chairman, we have no questions. Very good. Thank you, Erin. There being no further questions, I would like to thank you for attending our stockholder meeting and for your interest in and support of the company. This concludes today's conference call. Thank you for participating, and you may now disconnect. Everyone, have a great day.
Speaker 1: Good morning, and thank you for joining the Range Resources Corporation annual stockholder meeting. I am Erin McDowell, Corporate Secretary for Range Resources, and I want to welcome you to our annual meeting. Our annual meeting will consist of a short formal meeting. If you have questions about the matters addressed at this meeting, please reserve those for the end, and we will do our best to respond during the meeting or follow up with you as needed. For any other questions about the company, our investor relations team is, as always, available to speak to you. At this time, I will turn the meeting over to Greg Maxwell, Chairman of the Board. Good morning, and thank you for joining the Range Resources Corporation annual stockholder meeting. good morning and thank you for joining the range resources corporation annual stockholder meeting I am Erin McDowell, Corporate Secretary for Range Resources, and I want to welcome you to our annual meeting. i am erin mcdowell corporate secretary for range resources and i want to welcome you to our annual meeting Our annual meeting will consist of a short formal meeting. our annual meeting will consist of a short formal meeting If you have questions about the matters addressed at this meeting, please reserve those for the end, and we will do our best to respond during the meeting or follow up with you as needed. if you have questions about the matters addressed at this meeting please reserve those for the end and we will do our best to respond during the meeting or follow up with you as needed For any other questions about the company, our investor relations team is, as always, available to speak to you. for any other questions about the company our investor relations team is as always available to speak to you At this time, I will turn the meeting over to Greg Maxwell, Chairman of the Board. at this time i will turn the meeting over to greg maxwell chairman of the board
Speaker 2: Thank you, Erin. Good morning and welcome to the 2026 annual meeting of the stockholders of Range Resources Corporation. I'm Greg Maxwell, Chairman of the Board. With us today are my fellow board members, Brenda Cline, Margaret Dorman, Charles Griffie, Chris Kendall, Reg Spiller, and Dennis Degner, our President and CEO. Also joining us today is Cameron Darden with our independent auditing firm, Ernst & Young. Thank you, Erin. thank you erin Good morning and welcome to the 2026 annual meeting of the stockholders of Range Resources Corporation. good morning and welcome to the 2026 annual meeting of the stockholders of range resources corporation I'm Greg Maxwell, Chairman of the Board. i'm greg maxwell chairman of the board With us today are my fellow board members, Brenda Cline, Margaret Dorman, Charles Griffie, Chris Kendall, Reg Spiller, and Dennis Degner, our President and CEO. with us today are my fellow board members brenda cline margaret dorman charles griffie chris kendall reg spiller and dennis degner our president and ceo Also joining us today is Cameron Darden with our independent auditing firm, Ernst & Young. also joining us today is cameron darden with our independent auditing firm ernst & young On behalf of the entire board, I want to thank you for voting your proxy this year, and I assure you that the board carefully considers the results of each year's proxy vote in making decisions about the company. Erin McDowell, who is our Corporate Secretary, will serve as secretary and record the minutes of this meeting. Erin has also been designated to serve as the Inspector of Election of this meeting, and she has confirmed that a quorum is present. Erin. On behalf of the entire board, I want to thank you for voting your proxy this year, and I assure you that the board carefully considers the results of each year's proxy vote in making decisions about the company. on behalf of the entire board i want to thank you for voting your proxy this year and i assure you that the board carefully considers the results of each year's proxy vote in making decisions about the company Erin McDowell, who is our Corporate Secretary, will serve as secretary and record the minutes of this meeting. erin mcdowell who is our corporate secretary will serve as secretary and record the minutes of this meeting Erin has also been designated to serve as the Inspector of Election of this meeting, and she has confirmed that a quorum is present. erin has also been designated to serve as the inspector of election of this meeting and she has confirmed that a quorum is present Erin. erin
Speaker 1: Thanks, Greg. Under the company's bylaws, the Board of Directors set March 16, 2026, as the record date. Notice of this meeting was sent on March 30, 2026. There were 235,448,484,929 shares of common stock outstanding on the record date. On request, we will make available an affidavit related to such notice and a certified list of the company stockholder as of the record date compiled by the company's transfer agent. Each outstanding share of common stock is entitled to one vote on the matters presented for a vote at this meeting. If anyone has a proxy for a stockholder or wants to vote at this meeting, please email a copy of your proof of stock ownership and your vote to [email protected] at this time. Thanks, Greg. thanks greg Under the company's bylaws, the Board of Directors set March 16, 2026, as the record date. under the company's bylaws the board of directors set march 16 2026 as the record date Notice of this meeting was sent on March 30, 2026. notice of this meeting was sent on march 30 2026 There were 235,448,484,929 shares of common stock outstanding on the record date. there were 235,448,484,929 shares of common stock outstanding on the record date On request, we will make available an affidavit related to such notice and a certified list of the company stockholder as of the record date compiled by the company's transfer agent. on request we will make available an affidavit related to such notice and a certified list of the company stockholder as of the record date compiled by the company's transfer agent Each outstanding share of common stock is entitled to one vote on the matters presented for a vote at this meeting. each outstanding share of common stock is entitled to one vote on the matters presented for a vote at this meeting If anyone has a proxy for a stockholder or wants to vote at this meeting, please email a copy of your proof of stock ownership and your vote to [email protected] at this time. if anyone has a proxy for a stockholder or wants to vote at this meeting please email a copy of your proof of stock ownership and your vote to [email protected] at this time The proposals to be considered at this meeting are as follows. The first item will be the election of seven directors to serve on the board until the next annual meeting. Since it is an uncontested election, the stockholders will elect directors by a majority of vote as provided by the company's bylaws. The second matter will be to consider and vote on a non-binding proposal regarding executive compensation. The third item is a proposal to ratify the appointment of Ernst & Young as the registered public accounting firm for our 2026 fiscal year. Turning to the voting results. There are 217,983,195 shares of common stock represented at this meeting, equal to 92.56% of the outstanding common stock of the company. The proposals to be considered at this meeting are as follows. the proposals to be considered at this meeting are as follows The first item will be the election of seven directors to serve on the board until the next annual meeting. the first item will be the election of seven directors to serve on the board until the next annual meeting Since it is an uncontested election, the stockholders will elect directors by a majority of vote as provided by the company's bylaws. since it is an uncontested election the stockholders will elect directors by a majority of vote as provided by the company's bylaws The second matter will be to consider and vote on a non-binding proposal regarding executive compensation. the second matter will be to consider and vote on a non-binding proposal regarding executive compensation The third item is a proposal to ratify the appointment of Ernst & Young as the registered public accounting firm for our 2026 fiscal year. the third item is a proposal to ratify the appointment of ernst & young as the registered public accounting firm for our 2026 fiscal year Turning to the voting results. turning to the voting results There are 217,983,195 shares of common stock represented at this meeting, equal to 92.56% of the outstanding common stock of the company. there are 217,983,195 shares of common stock represented at this meeting equal to 92.56% of the outstanding common stock of the company In voting for directors, the vote in favor is as follows: Brenda Cline, 98.93%; Dennis Degner, 99.25%; Margaret Dorman, 98.89%; Charles Griffie, 98.72%; Chris Kendall, 98.95%; Greg Maxwell, 99.01%; and... I'm sorry, Reginal Spiller, 96.52%. In the advisory voting on the executive compensation proposal, it was approved with 98.61% of the votes cast. With approval of 98.28% of the votes cast, Ernst & Young LLP was ratified as the company's registered public accounting firm for 2026. In voting for directors, the vote in favor is as follows: Brenda Cline, 98.93%; Dennis Degner, 99.25%; Margaret Dorman, 98.89%; Charles Griffie, 98.72%; Chris Kendall, 98.95%; Greg Maxwell, 99.01%; and... I'm sorry, Reginal Spiller, 96.52%. in voting for directors the vote in favor is as follows brenda cline 98.93% dennis degner 99.25% margaret dorman 98.89% charles griffie 98.72% chris kendall 98.95% greg maxwell 99.01% and i'm sorry reginal spiller 96.52% In the advisory voting on the executive compensation proposal, it was approved with 98.61% of the votes cast. in the advisory voting on the executive compensation proposal it was approved with 98.61% of the votes cast With approval of 98.28% of the votes cast, Ernst & Young LLP was ratified as the company's registered public accounting firm for 2026. with approval of 98.28% of the votes cast ernst & young llp was ratified as the company's registered public accounting firm for 2026
Speaker 2: Thank you, Erin. There being no further formal business to conduct, the meeting is now adjourned. If you have any questions, we will take them now. As I mentioned before, we would appreciate you directing your questions to the matters addressed in our meeting. Thank you, Erin. thank you erin There being no further formal business to conduct, the meeting is now adjourned. there being no further formal business to conduct the meeting is now adjourned If you have any questions, we will take them now. if you have any questions we will take them now As I mentioned before, we would appreciate you directing your questions to the matters addressed in our meeting. as i mentioned before we would appreciate you directing your questions to the matters addressed in our meeting
Speaker 1: Mr. Chairman, we have no questions. Mr. Chairman, we have no questions. mr chairman we have no questions
Speaker 2: Very good. Thank you, Erin. There being no further questions, I would like to thank you for attending our stockholder meeting and for your interest in and support of the company. Very good. very good Thank you, Erin. thank you erin There being no further questions, I would like to thank you for attending our stockholder meeting and for your interest in and support of the company. there being no further questions i would like to thank you for attending our stockholder meeting and for your interest in and support of the company
Speaker 3: This concludes today's conference call. Thank you for participating, and you may now disconnect. Everyone, have a great day. This concludes today's conference call. this concludes today's conference call Thank you for participating, and you may now disconnect. thank you for participating and you may now disconnect Everyone, have a great day. everyone have a great day