Range Resources Corp. Signs Material Definitive Agreement
Ticker: RRC · Form: 8-K · Filed: Oct 2, 2025 · CIK: 315852
Sentiment: neutral
Topics: material-agreement
Related Tickers: RRC
TL;DR
RRC signed a big deal, details TBD.
AI Summary
On October 2, 2025, Range Resources Corp. (RRC) entered into a material definitive agreement. The filing does not disclose specific details of the agreement, such as the counterparty or financial terms, but indicates it is a significant event requiring immediate disclosure.
Why It Matters
This filing signals a significant new development for Range Resources Corp., potentially impacting its future operations, financial standing, or strategic direction.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and implications of the agreement, warranting a medium risk assessment.
Key Players & Entities
- Range Resources Corp. (company) — Registrant
- October 2, 2025 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Range Resources Corp.?
The filing states that Range Resources Corp. entered into a material definitive agreement on October 2, 2025, but does not provide specific details about the agreement's terms or the parties involved.
Who is the counterparty to this material definitive agreement?
The filing does not disclose the identity of the counterparty to the material definitive agreement.
What are the key financial terms or implications of this agreement?
The filing does not specify any financial terms or immediate financial implications of the material definitive agreement.
When was this material definitive agreement entered into?
The material definitive agreement was entered into on October 2, 2025.
Does this agreement represent an acquisition, divestiture, or other strategic partnership?
The filing does not provide enough information to determine if the agreement represents an acquisition, divestiture, or other strategic partnership.
Filing Stats: 1,244 words · 5 min read · ~4 pages · Grade level 11.7 · Accepted 2025-10-02 16:30:30
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value RRC New York Stock Exchan
- $4.0 b — n aggregate maximum principal amount of $4.0 billion, a borrowing base of $3.0 billion
- $3.0 billion — nt of $4.0 billion, a borrowing base of $3.0 billion and total lender commitments of $2.0 bi
- $2.0 billion — billion and total lender commitments of $2.0 billion. The new agreement has a maturity date
- $500 million — n aggregate stated amount not to exceed $500 million. Additionally, upon the receipt of an i
- $1.0 billion — exceeds the total lender commitments by $1.0 billion or more (the "Contingency"), or semi-an
Filing Documents
- rrc-20251002.htm (8-K) — 58KB
- rrc-ex10_1.htm (EX-10.1) — 1901KB
- 0001193125-25-228412.txt ( ) — 2338KB
- rrc-20251002.xsd (EX-101.SCH) — 32KB
- rrc-20251002_htm.xml (XML) — 5KB
01
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On October 2, 2025, Range Resources Corporation ("Range") entered into an amended and restated revolving credit agreement with JPMorgan Chase Bank, N.A., as administrative agent, and other lenders and agents party thereto (the "Credit Agreement"). The Credit Agreement is initially a senior secured reserve based revolving credit facility with an aggregate maximum principal amount of $4.0 billion, a borrowing base of $3.0 billion and total lender commitments of $2.0 billion. The new agreement has a maturity date of October 2, 2030. The Credit Agreement is guaranteed by all current and any future material domestic subsidiaries of Range. The agreement provides for the issuance of letters of credit in an aggregate stated amount not to exceed $500 million. Additionally, upon the receipt of an investment grade rating from either Moody's Investors Service, Inc., or Standard & Poor's Ratings Services, Range may elect to release collateral securing the facility and forego adding future guarantors (the "Investment Grade Period"). Range can make borrowings under the credit facility at (i) an Alternate Base Rate, plus a margin ranging from 0.75% to 1.75% during a non-Investment Grade Period and from 0.125% to 0.75% during an Investment Grade Period or (ii) for interest period loans, at a Term SOFR Rate, plus a margin ranging from 1.75% to 2.75% during a non-Investment Grade Period and from 1.125% to 1.75% during an Investment Grade Period. The undrawn portion of the total commitments will be subject to a commitment fee ranging from 0.375% to 0.50% during a non-Investment Grade Period and from 0.125% to 0.25% during an Investment Grade Period. During a non-Investment Grade Period, the applicable margin and commitment fee are dependent upon borrowings relative to the then-effective available borrowing base, whereas during an Investment Grade Period the applicable margin and commitment fees are determined by the highest c
FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits Exhibit No. Description 10.1* Eighth Amended and Restated Credit Agreement, dated October 2, 2025, among Range Resources Corporation, as borrower, JPMorgan Chase Bank, N.A., as Administrative Agent and Letter of Credit Issuer, and each other Letter of Credit Issuer or Lender from time to time party thereto. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. Range agrees to furnish to the Securities and Exchange Commission a copy of any omitted schedule or exhibit upon request. 3
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 and Chief Financial Officer Date: October 2, 2025 4