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8-KThe WireStrategic

Results of Operations

Filed Apr 15, 2020 · 6y ago · Accession 0001564590-20-016784

Plain English

Material event — a significant development the company must disclose promptly.

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 15, 2020 ( April 15, 2020 )   RANGE RESOURCES CORP ORATION (Exact name of Registrant as Specified in Its Charter)     Delaware 001-12209 34-1312571 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)       100 Throckmorton Street , Suite 1200 Fort Worth , Texas   76102 (Address of Principal Executive Offices)   (Zip Code) Registrant’s Telephone Number, Including Area Code: (817) 870-2601 Not Applicable (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.01 par value        RRC   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐         ITEM 2.02.  Results of Operations and Financial Condition.   The following table summarizes the net derivative fair value income that Range Resources Corporation (the “Company”) expects to report in earnings for the three months ended March 31, 2020 (in thousands):         Three Months Ended March 31,       2020   Derivative fair value income per consolidated statements of operations $ 233,175           Non-cash fair value gain:       Natural gas derivatives $ 41,553   Oil derivatives   67,248   NGLs derivatives   30,694   Freight derivatives   (6,249 ) Total non-cash fair value gain $ 133,246           Net cash receipt on derivative settlements:       Natural gas derivatives $ 80,172   Oil derivatives   9,714   NGLs derivatives   10,043   Total net cash receipt $ 99,929       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.                                               SIGNATURES 2         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   Senior Vice President-Chief Financial Officer     Date:  April 15, 2020       3
Filing details
Ticker
RRC
CIK
315852
Form type
8-K
Filing date
Apr 15, 2020
Report date
Apr 15, 2020
Document
rrc-8k_20200415.htm
Size
176 KB