RANGE RESOURCES CORP 8-K

What Happened
Range Resources Corporation (RRC) filed an 8-K on April 14, 2026 saying it expects to report a total loss on derivatives of $33.4 million for the three months ended March 31, 2026. The company also expects to show net cash payments related to derivative settlements totaling $49,295 thousand ($49.3 million) for the quarter.

Key Details

• Total derivatives loss: $33.4 million (for quarter ended March 31, 2026).
• Net cash payment on settlements (three months ended March 31, 2026):
  • Natural gas derivatives: $(41,448) thousand (~$41.4M)
  • Natural gas basis derivatives: $(4,221) thousand (~$4.2M)
  • Oil derivatives: $(3,626) thousand (~$3.6M)
  • Total: $(49,295) thousand (~$49.3M)
• Timing and disclosures: amounts are preliminary and subject to change; final figures will appear in Range’s Form 10‑Q for the quarter ended March 31, 2026 or in the related earnings release. The 8‑K notes the information is not “filed” for purposes of Section 18 of the Exchange Act.

Why It Matters
Derivatives losses reduce reported earnings for the quarter and the nearly $49.3 million of net cash paid on settlements will affect cash flow reported in the Q1 statement of cash flows. Investors should watch the upcoming Form 10‑Q or earnings release for final, audited amounts and any additional context from management about hedging strategy and cash impacts.