RANGE RESOURCES CORP

For the period ended Mar 31, 2024. Filed Apr 23, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed Apr 23, 2024

RRC$51.20+4.8%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income (Unaudited)

CONSOLIDATED STATEMENTS OF INCOME

	Three Months Ended March 31,
	2024	2023
Revenues and other income:
Natural gas, NGLs and oil sales	$567,001	$736,282
Derivative fair value income	46,598	367,967
Brokered natural gas, marketing and other	31,770	82,111
Total revenues and other income	645,369	1,186,360
Costs and expenses:
Direct operating	22,161	26,984
Transportation, gathering, processing and compression	290,875	285,483
Taxes other than income	5,368	7,894
Brokered natural gas and marketing	31,603	67,068
Exploration	4,526	4,604
Abandonment and impairment of unproved properties	2,371	7,510
General and administrative	43,941	43,146
Exit costs	10,315	12,323
Deferred compensation plan	6,405	9,396
Interest	30,476	32,202
Gain on early extinguishment of debt	(64)	—
Depletion, depreciation and amortization	87,137	86,562
Gain on the sale of assets	(87)	(138)
Total costs and expenses	535,027	583,034
Income before income taxes	110,342	603,326
Income tax expense:
Current	1,582	2,699
Deferred	16,622	119,180
	18,204	121,879
Net income	$92,138	$481,447
Net income per common share:
Basic	$0.38	$1.98
Diluted	$0.38	$1.95
Dividends declared per share	$0.08	$0.08
Weighted average common shares outstanding:
Basic	240,505	238,019
Diluted	242,406	240,882

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.