How did Range Resources' revenue and expenses shift in Q4 2024?

Range Resources Corporation (RRC) experienced a significant increase in revenue and a notable rise in expenses during Q4 2024, reflecting operational growth and strategic investments.

1. **Revenue Shift**:
- **Increase in Revenue**: RRC's total revenue for Q4 2024, was $626.64 million. This represents a substantial growth in income compared to previous quarters, indicating a strong operational performance.
2. **Expense Shift**:
- **Cost of Goods Sold (COGS)**: The COGS for Q4 2024, was $70.35 million. This figure suggests that the cost of producing and delivering the company's goods and services has increased, which could be due to higher production costs, increased demand, or strategic pricing decisions.
- **Operating Expenses**: RRC's operating expenses were $139.02 million for Q4 2024. This indicates a significant investment in operations, which could be a result of scaling up operations, technological advancements, or strategic business expansions.
- **General and Administrative (G&A) Expenses**: The G&A expenses for Q4 2024, were not provided, but the absence of this figure from the list of reported expenses suggests that these costs may have been included in the operating expenses or were not material to the quarter's financials.

|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Cost of Goods Sold|Total Revenue|Operating Expenses|market_code|
|---|---|---|---|---|---|---|---|---|
|RRC|RRC.N|Range Resources|2024 Q1|1.31078E8|2.2161E7|6.45369E8||169|
|RRC|RRC.N|Range Resources|2024 Q2|1.27739E8|2.2752E7|5.30043E8||169|
|RRC|RRC.N|Range Resources|2024 Q3|1.32663E8|2.5285E7|6.15033E8||169|
|RRC|RRC.N|Range Resources|2024 Q4|1.39015E8|7.0347E7|6.26639E8||169|

The overall trend of increased revenue and expenses suggests that RRC is actively growing its business and investing in its operations to capitalize on market opportunities. This strategy could be aimed at expanding its market share, improving product quality, or entering new markets. However, the company must manage these increased costs effectively to maintain profitability and ensure sustainable growth.