Shares of Range Resources (RRC) jumped 5.14% in after-hours trading on Tuesday following the release of the company's first-quarter 2025 financial results, which exceeded analyst expectations.

The Fort Worth, Texas-based natural gas and oil company reported adjusted earnings per share of $0.96 for Q1, surpassing the consensus estimate of $0.92. Revenue for the quarter came in at $691 million, while cash flow from operations reached $330 million.

Dennis Degner, Range Resources' CEO, commented on the results: "Range is off to a great start in 2025 with efficient operations, consistent well performance and strong free cash flow. Our solid financial results supported increased returns of capital to shareholders alongside further bolstering of the balance sheet."

The company's strong performance in the face of volatile energy markets appears to have impressed investors, driving the stock's after-hours surge. Range Resources also highlighted its strategic positioning for future growth, noting increasing demand for natural gas and NGLs, as well as emerging in-basin opportunities.