Business Context and Reporting Period
Company: Range Resources Corp (RRC)
Filing Type: Form 8-K (Current Report)
Report Date: July 10, 2026
Reporting Period: Three months ended June 30, 2026
Item: 2.02 Results of Operations and Financial Condition
Key Financial Metrics
This filing provides preliminary data regarding derivative settlements and gains for the second quarter of 2026. Comprehensive revenue, profit, cash flow, margins, debt, and liquidity metrics are not included in this specific 8-K filing.
- Total Expected Gain on Derivatives: $73.5 million
- Total Net Cash Receipt on Derivative Settlements: $35.288 million
| Derivative Type | Net Cash Settlement (in thousands) |
|---|---|
| Natural Gas Derivatives | $51,024 |
| Natural Gas Basis Derivatives | $1,765 |
| Oil Derivatives | $(10,311) |
| NGLs Derivatives | $(7,190) |
| Total Net Cash Receipt | $35,288 |
Material Changes
The filing text does not provide comparative data for the prior period to determine material changes in financial performance.
Guidance, Outlook, and Risks
Management Commentary: The company expects to report the figures listed above in its upcoming Quarterly Report on Form 10-Q or corresponding earnings release.
Contingencies: The dollar amounts presented in this report are preliminary and subject to change. Final figures will be confirmed in the Form 10-Q for the period ended June 30, 2026.
Risks: The filing notes that the information is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Verify the final derivative gain and cash settlement figures in the upcoming Form 10-Q for the quarter ended June 30, 2026.
- Confirm the impact of the $73.5 million derivative gain on the company's net income and earnings per share.
- Review the full cash flow statement to understand the context of the $35.3 million net cash receipt relative to operating cash flows.
- Assess the volatility of oil and NGL derivative settlements, which resulted in net cash outflows for the quarter.