---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-012790"
form_type: "8-K"
ticker: "RRC"
cik: "0000315852"
company_name: "RANGE RESOURCES CORP"
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T02:13:20.443822+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Range Resources expects Q1 derivative fair value income of $368M; non-cash gain of $333M

## Summary
- Derivative fair value income of $367.967M for three months ended March 31, 2023.
- Non-cash fair value gain of $333.499M, driven by $327.38M from natural gas derivatives.
- Net cash receipt on derivative settlements of $34.468M, including $36.65M from natural gas.
- Oil derivatives contributed $10.039M non-cash gain; divestiture contingent consideration had $3.92M loss.
- Preliminary estimate of derivative mark-to-market impact on Q1 2023 earnings.

## SEC filing metadata
- accession: 0000950170-23-012790
- form_type: 8-K
- ticker: RRC
- cik: 0000315852
- company_name: RANGE RESOURCES CORP
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315852/000095017023012790/0000950170-23-012790-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315852/000095017023012790/rrc-20230414.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-012790
- JSON: https://secwatch.observer/filing/0000950170-23-012790.json
- Plain text: https://secwatch.observer/filing/0000950170-23-012790.txt

## Key facts
- Earnings Releases
  RANGE RESOURCES CORP reported preliminary financial results for three months ended March 31, 2023.
  - Period: three months ended March 31, 2023
  - Result: preliminary results
  source text: The following table summarizes the net derivative fair value income that Range Resources Corporation expects to report in earnings for the three months ended March 31, 2023 (in thousands):
  evidence_url: https://www.sec.gov/Archives/edgar/data/315852/000095017023012790/0000950170-23-012790-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.