Business Context and Reporting Period
Company: Range Resources Corp (RRC)
Filing Type: Form 8-K (Current Report)
Date of Report: July 14, 2025
Reporting Period: Three months ended June 30, 2025
Item: 2.02 Results of Operations and Financial Condition
Key Financial Metrics
This filing provides preliminary data regarding derivative activities for the second quarter of 2025. Full revenue, profit, cash flow, margins, debt, and liquidity metrics are not included in this document.
- Total Gain on Derivatives: $154.7 million (expected).
- Net Cash Receipts on Derivative Settlements: $31.466 million (expected).
| Derivative Type | Net Cash Receipt (in thousands) |
|---|---|
| Natural gas derivatives | $26,286 |
| Natural gas basis derivatives | $2,828 |
| NGLs derivatives | $1,508 |
| Oil derivatives | $844 |
| Total | $31,466 |
Material Changes and Comparisons
The filing text does not provide comparative data for the prior period (e.g., Q2 2024 or Q1 2025) to determine material changes in financial performance.
Guidance, Outlook, and Risks
Preliminary Nature of Data: The dollar amounts disclosed are preliminary and subject to change. Final figures will be reported in the Quarterly Report on Form 10-Q for the period ended June 30, 2025, or in the corresponding earnings release.
Legal Status: The information in this report is not deemed "filed" under Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into other filings unless expressly stated.
Management Commentary: No additional management commentary, risk factors, or contingencies are detailed in this specific 8-K filing beyond the derivative settlement expectations.
Investor Verification Checklist
- Verify the final total gain on derivatives and net cash settlements in the upcoming Form 10-Q for the period ended June 30, 2025.
- Confirm the impact of the $154.7 million derivative gain on the company's overall net income and earnings per share once the full quarterly results are released.
- Review the full statement of cash flows in the 10-Q to see how the $31.466 million in derivative cash receipts affects operating cash flow.
- Check for any updates on commodity price hedges or basis differentials that may have influenced the settlement amounts.