other material
confidence medium
sentiment negative
materiality 0.60
Range Resources expects Q3 2022 derivative fair value loss of $457.7M
RANGE RESOURCES CORP
- Derivative fair value loss per consolidated statements: $(457.7) million for three months ended Sept 30, 2022.
- Non-cash fair value gain of $7.0 million from natural gas, oil, and NGL derivatives.
- Net cash payment on derivative settlements: $464.7 million, including $15.7M gain on basis derivatives.
- The reported loss will impact Q3 earnings; no other financial results disclosed.