earnings
confidence medium
sentiment neutral
materiality 0.50
Range Resources reports Q1 2024 derivative income $46.6M; cash receipt $122.4M
RANGE RESOURCES CORP
2024-Q1 EPS reported
$0.38
revenue$645,369,000
- Derivative fair value income of $46.6M for Q1 2024; non-cash loss of $75.8M, net cash receipt $122.4M.
- Natural gas derivatives: non-cash loss $60.8M, cash receipt $120.9M (incl. $109.1M NYMEX settled).
- Oil derivatives: non-cash loss $12.7M, cash receipt $1.5M.
- NGLs derivatives: non-cash loss $2.3M, net cash payment $0.1M.