Range Resources Corp. Files 8-K on Financials
Ticker: RRC · Form: 8-K · Filed: Jul 12, 2024 · CIK: 315852
Sentiment: neutral
Topics: financial-condition, operations-update, sec-filing
Related Tickers: RRC
TL;DR
RRC filed an 8-K, expect financial updates soon.
AI Summary
Range Resources Corp. filed an 8-K on July 12, 2024, reporting on its results of operations and financial condition. The filing does not contain specific financial figures or operational details in the provided text, but indicates a standard reporting event for the company.
Why It Matters
This filing signifies that Range Resources is providing an update on its financial performance and operational status to the SEC and the public.
Risk Assessment
Risk Level: low — This is a routine SEC filing reporting on financial condition, not indicating any immediate adverse events.
Key Players & Entities
- RANGE RESOURCES CORP (company) — Registrant
- 0000315852 (company) — Central Index Key
- 100 Throckmorton Street , Suite 1200 Fort Worth , Texas 76102 (company) — Principal Executive Offices Address
- LOMAK PETROLEUM INC (company) — Former Company Name
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on Range Resources Corp.'s Results of Operations and Financial Condition as of July 12, 2024.
What is the filing date of this 8-K report?
The filing date of this 8-K report is July 12, 2024.
What is the company's principal executive office address?
The company's principal executive office address is 100 Throckmorton Street, Suite 1200, Fort Worth, Texas 76102.
What was the former name of Range Resources Corp.?
The former name of Range Resources Corp. was LOMAK PETROLEUM INC.
Under which section of the Securities Exchange Act is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 552 words · 2 min read · ~2 pages · Grade level 13.1 · Accepted 2024-07-12 07:00:10
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value RRC New York Stock Exchan
- $136.0 million — $ 128,057 (1) Includes income of $136.0 million related to settled NYMEX natural gas de
- $9.8 million — X natural gas derivatives and a loss of $9.8 million related to settled natural gas basis de
Filing Documents
- rrc-20240712.htm (8-K) — 59KB
- 0000950170-24-083069.txt ( ) — 182KB
- rrc-20240712.xsd (EX-101.SCH) — 32KB
- rrc-20240712_htm.xml (XML) — 5KB
02. Results of Operations and Financial Condition
ITEM 2.02. Results of Operations and Financial Condition. The following table summarizes the net derivative fair value income that Range Resources Corporation expects to report in earnings for the three months ended June 30, 2024 (in thousands): Three Months Ended June 30, 2024 Derivative fair value income per consolidated statements of income $ 16,808 Non-cash fair value (loss) income: Natural gas derivatives $ (113,018 ) Oil derivatives 2,060 NGLs derivatives (291 ) Total non-cash fair value loss $ (111,249 ) Net cash receipt (payment) on derivative settlements: Natural gas derivatives (1) $ 126,194 Oil derivatives (115 ) NGLs derivatives 1,978 Total net cash receipt $ 128,057 (1) Includes income of $136.0 million related to settled NYMEX natural gas derivatives and a loss of $9.8 million related to settled natural gas basis derivatives. The information contained in this current report shall not be deemed "filed" for the purposes of Section 18 of the Securities and Exchange Act of 1934, nor shall it be deemed incorporated by reference into any registration statement or other filing pursuant to the Securities Act of 1933, except as otherwise expressly stated in such filing. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RANGE RESOURCES CORPORATION By: /s/ MARK S. SCUCCHI Mark S. Scucchi Executive Vice President-Chief Financial Officer Date: July 12, 2024 3