RANGE RESOURCES CORP 8-K
Research Summary
AI-generated summary
Range Resources Reports Q2 2026 Derivatives Gain of $73.5M
What Happened
- Range Resources Corporation (RRC) filed a Form 8-K on July 10, 2026 reporting preliminary Q2 2026 results for derivatives activity. The company expects to report a total gain on derivatives of $73.5 million for the three months ended June 30, 2026. The Form 8-K was signed by Mark S. Scucchi, EVP — Chief Financial Officer.
Key Details
- Total gain on derivatives (Q2 2026): $73.5 million (preliminary).
- Net cash receipts on derivative settlements for the three months ended June 30, 2026 (amounts shown in thousands):
- Natural gas derivatives: $51,024 (≈ $51.0M)
- Natural gas basis derivatives: $1,765 (≈ $1.8M)
- Oil derivatives: $(10,311) (≈ -$10.3M)
- NGLs derivatives: $(7,190) (≈ -$7.2M)
- Total net cash receipt: $35,288 (≈ $35.3M)
- Amounts are preliminary and subject to change; final figures will appear in Range’s Q2 2026 Form 10-Q or earnings release. The 8-K notes the information is not “filed” for Section 18 purposes.
Why It Matters
- Derivatives gains and cash settlements affect reported quarterly earnings and cash flow. A $73.5M derivatives gain and roughly $35.3M of net cash received indicate the company’s hedging and commodity contract activity materially impacted Q2 results. Investors should watch the forthcoming Form 10-Q for confirmed numbers and any additional context on hedging strategy, realized vs. unrealized gains, and effects on operating cash flow.
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