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Side-by-side financial comparison of RANGE RESOURCES CORP (RRC) and Western Midstream Partners, LP (WES). Click either name above to swap in a different company.

Western Midstream Partners, LP is the larger business by last-quarter revenue ($1.0B vs $786.9M, roughly 1.3× RANGE RESOURCES CORP). RANGE RESOURCES CORP runs the higher net margin — 22.8% vs 18.5%, a 4.3% gap on every dollar of revenue. On growth, RANGE RESOURCES CORP posted the faster year-over-year revenue change (18.0% vs 11.0%). Over the past eight quarters, RANGE RESOURCES CORP's revenue compounded faster (14.6% CAGR vs 7.8%).

Range Resources Corporation is a natural gas exploration and production company, the headquartered is in Fort Worth, Texas. It operates in the Marcellus Formation, where it is the largest land owners.

Sunoco LP is an American vehicle gasoline master limited partnership company organized under Delaware state law and headquartered in Dallas, Texas. Dating back to 1886, the company has transformed from a vertically integrated energy company to a distributor of fuels and operator of energy infrastructure. It was previously engaged in oil, natural gas exploration and production, refining, chemical manufacturing, and retail fuel sales, but divested these businesses.

RRC vs WES — Head-to-Head

Bigger by revenue
WES
WES
1.3× larger
WES
$1.0B
$786.9M
RRC
Growing faster (revenue YoY)
RRC
RRC
+7.0% gap
RRC
18.0%
11.0%
WES
Higher net margin
RRC
RRC
4.3% more per $
RRC
22.8%
18.5%
WES
Faster 2-yr revenue CAGR
RRC
RRC
Annualised
RRC
14.6%
7.8%
WES

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RRC
RRC
WES
WES
Revenue
$786.9M
$1.0B
Net Profit
$179.1M
$190.7M
Gross Margin
94.5%
Operating Margin
29.7%
Net Margin
22.8%
18.5%
Revenue YoY
18.0%
11.0%
Net Profit YoY
88.8%
-42.8%
EPS (diluted)
$0.75

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RRC
RRC
WES
WES
Q4 25
$786.9M
$1.0B
Q3 25
$655.3M
$952.3M
Q2 25
$699.6M
$942.1M
Q1 25
$846.3M
$916.9M
Q4 24
$667.0M
$928.4M
Q3 24
$567.9M
$883.1M
Q2 24
$513.2M
$905.4M
Q1 24
$598.8M
$887.3M
Net Profit
RRC
RRC
WES
WES
Q4 25
$179.1M
$190.7M
Q3 25
$144.3M
$339.6M
Q2 25
$237.6M
$341.7M
Q1 25
$97.1M
$309.0M
Q4 24
$94.8M
$333.6M
Q3 24
$50.7M
$288.5M
Q2 24
$28.7M
$378.6M
Q1 24
$92.1M
$572.8M
Gross Margin
RRC
RRC
WES
WES
Q4 25
94.5%
Q3 25
92.5%
Q2 25
95.0%
Q1 25
93.1%
Q4 24
93.7%
Q3 24
94.3%
Q2 24
93.4%
Q1 24
94.7%
Operating Margin
RRC
RRC
WES
WES
Q4 25
29.7%
Q3 25
46.4%
Q2 25
47.2%
Q1 25
44.7%
Q4 24
45.9%
Q3 24
44.8%
Q2 24
51.9%
Q1 24
76.6%
Net Margin
RRC
RRC
WES
WES
Q4 25
22.8%
18.5%
Q3 25
22.0%
35.7%
Q2 25
34.0%
36.3%
Q1 25
11.5%
33.7%
Q4 24
14.2%
35.9%
Q3 24
8.9%
32.7%
Q2 24
5.6%
41.8%
Q1 24
15.4%
64.6%
EPS (diluted)
RRC
RRC
WES
WES
Q4 25
$0.75
Q3 25
$0.60
Q2 25
$0.99
Q1 25
$0.40
Q4 24
$0.38
Q3 24
$0.21
Q2 24
$0.12
Q1 24
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RRC
RRC
WES
WES
Cash + ST InvestmentsLiquidity on hand
$204.0K
$819.5M
Total DebtLower is stronger
$1.2B
$8.2B
Stockholders' EquityBook value
$4.3B
Total Assets
$7.4B
$15.0B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RRC
RRC
WES
WES
Q4 25
$204.0K
$819.5M
Q3 25
$175.0K
$177.3M
Q2 25
$134.0K
$129.7M
Q1 25
$344.6M
$448.4M
Q4 24
$304.5M
$1.1B
Q3 24
$277.4M
$1.1B
Q2 24
$251.1M
$344.1M
Q1 24
$343.1M
$295.2M
Total Debt
RRC
RRC
WES
WES
Q4 25
$1.2B
$8.2B
Q3 25
$1.2B
$6.9B
Q2 25
$1.2B
$6.9B
Q1 25
$1.7B
$6.9B
Q4 24
$1.7B
$6.9B
Q3 24
$1.7B
$6.9B
Q2 24
$1.7B
$7.1B
Q1 24
$1.8B
$7.3B
Stockholders' Equity
RRC
RRC
WES
WES
Q4 25
$4.3B
Q3 25
$4.2B
Q2 25
$4.1B
Q1 25
$3.9B
Q4 24
$3.9B
Q3 24
$3.9B
Q2 24
$3.9B
Q1 24
$3.8B
Total Assets
RRC
RRC
WES
WES
Q4 25
$7.4B
$15.0B
Q3 25
$7.2B
$12.1B
Q2 25
$7.1B
$12.2B
Q1 25
$7.4B
$12.5B
Q4 24
$7.3B
$13.1B
Q3 24
$7.2B
$13.0B
Q2 24
$7.3B
$12.2B
Q1 24
$7.4B
$12.3B
Debt / Equity
RRC
RRC
WES
WES
Q4 25
0.28×
Q3 25
0.29×
Q2 25
0.29×
Q1 25
0.43×
Q4 24
0.43×
Q3 24
0.44×
Q2 24
0.44×
Q1 24
0.46×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RRC
RRC
WES
WES
Operating Cash FlowLast quarter
$257.5M
$557.6M
Free Cash FlowOCF − Capex
$335.4M
FCF MarginFCF / Revenue
32.6%
Capex IntensityCapex / Revenue
21.6%
Cash ConversionOCF / Net Profit
1.44×
2.92×
TTM Free Cash FlowTrailing 4 quarters
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RRC
RRC
WES
WES
Q4 25
$257.5M
$557.6M
Q3 25
$247.5M
$570.2M
Q2 25
$336.2M
$564.0M
Q1 25
$330.1M
$530.8M
Q4 24
$217.9M
$554.4M
Q3 24
$245.9M
$551.3M
Q2 24
$148.8M
$631.4M
Q1 24
$331.9M
$399.7M
Free Cash Flow
RRC
RRC
WES
WES
Q4 25
$335.4M
Q3 25
$385.5M
Q2 25
$385.4M
Q1 25
$388.4M
Q4 24
$315.7M
Q3 24
$361.9M
Q2 24
$419.6M
Q1 24
$205.9M
FCF Margin
RRC
RRC
WES
WES
Q4 25
32.6%
Q3 25
40.5%
Q2 25
40.9%
Q1 25
42.4%
Q4 24
34.0%
Q3 24
41.0%
Q2 24
46.3%
Q1 24
23.2%
Capex Intensity
RRC
RRC
WES
WES
Q4 25
21.6%
Q3 25
19.4%
Q2 25
19.0%
Q1 25
15.5%
Q4 24
25.7%
Q3 24
21.5%
Q2 24
23.4%
Q1 24
21.8%
Cash Conversion
RRC
RRC
WES
WES
Q4 25
1.44×
2.92×
Q3 25
1.72×
1.68×
Q2 25
1.42×
1.65×
Q1 25
3.40×
1.72×
Q4 24
2.30×
1.66×
Q3 24
4.85×
1.91×
Q2 24
5.18×
1.67×
Q1 24
3.60×
0.70×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RRC
RRC

Natural Gas Natural Gas Liquids And Oil Sales$745.5M95%
Brokered Natural Gas And Marketing$41.3M5%

WES
WES

Segment breakdown not available.

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