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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: Bucky Katt who wrote (30585)7/26/2007 9:29:13 AM
From: Bucky Katt  Read Replies (1) of 48461
 
One of my pet oil dogs, RRC has blowout numbers>

Range Reports Record Second Quarter Results

FORT WORTH, Texas--(BUSINESS WIRE)--RANGE RESOURCES CORPORATION (NYSE: RRC - News) today announced second quarter results. Record highs were achieved in production and oil and gas revenues. Oil and gas revenues reached $221 million, a 40% increase over the prior year. Results were driven by a 19% increase in production and an 18% increase in realized prices. Cash flow from operations before changes in working capital, a non-GAAP measure, rose 44% to $156 million. Reported net income totaled $64 million. Earnings per share (diluted) increased 13% to $0.43.
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