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Fly News Breaks for April 25, 2017
RRC
Apr 25, 2017 | 08:47 EDT
JPMorgan analyst Arun Jayaram expects a negative reaction in shares of Range Resources after the company's Q2 production guide missed consensus by 5%. The "kneejerk reaction" from the market will likely be to place greater risk around Range's second half of 2017-loaded volume ramp given the "lackluster implied results" from Q1 Terryville completions, Jayaram tells investors in a post-earnings research note. He keeps an Overweight rating on the shares.
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