earnings
confidence high
sentiment neutral
materiality 0.30
Range Resources reports Q4 2023 derivative fair value income of $291M; net cash receipt $65M
RANGE RESOURCES CORP
2023-FY EPS reported
$3.57
revenue$3,374,418,000
- Derivative fair value income per consolidated statements: $291,059k for Q4 2023.
- Non-cash fair value loss of $226,041k, including $213,640k from natural gas derivatives.
- Net cash receipt on derivative settlements: $65,018k, with $59,846k from natural gas.
- Includes $40.5M from settled NYMEX natural gas derivatives and $19.3M from basis derivatives.