04/14/2026 | Press release | Distributed by Public on 04/14/2026 14:30
ITEM 2.02. Results of Operations and Financial Condition.
Range Resources Corporation ("Range") expects to report a total loss on derivatives of $33.4 million for the three months ended March 31, 2026.
In addition, for the three months ended March 31, 2026, Range expects to report net cash settlements received as shown below (in thousands):
|
Three Months Ended March 31, 2026 |
|||
|
Net cash payment on derivative settlements: |
|||
|
Natural gas derivatives |
$ |
(41,448 |
) |
|
Natural gas basis derivatives |
(4,221 |
) |
|
|
Oil derivatives |
(3,626 |
) |
|
|
Total net cash payment (a) |
$ |
(49,295 |
) |
The dollar amounts included in this current report are preliminary and subject to change. Final dollar amounts for the three months ended March 31, 2026 will be reported in our Quarterly Report on Form 10-Q for the period ended March 31, 2026 or in the corresponding earnings release.
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.
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