secwatch.observer — SEC 8-K summary
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Issuer:     RANGE RESOURCES CORP (RRC)
CIK:        0000315852
Form:       8-K
Filed at:   2023-04-14T23:59:59+00:00
Accession:  0000950170-23-012790
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315852/000095017023012790/0000950170-23-012790-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315852/000095017023012790/rrc-20230414.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-012790

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