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Range Resources Corporation reported second-quarter 2026 GAAP revenues and other income of $834 million, GAAP net income of $195 million or $0.83 per diluted share, and adjusted net income of $186 million or $0.79 per diluted share. Net cash provided from operating activities was $235 million, while cash flow from operations before working capital changes was $333 million.
Production averaged 2.30 Bcfe per day, approximately 67% natural gas. Average realized prices including hedges were $3.53 per mcfe, with pre-hedge NGL realizations of $29.10 per barrel, about $3.49 above the Mont Belvieu equivalent. Capital spending totaled $222 million, about 33% of the 2026 capital budget of $650–$700 million, as 11 wells were drilled and 21 turned to sales.
As of June 30, 2026, net debt was approximately $881 million, consisting of $500 million of senior notes and $381 million on the credit facility, a 28% reduction versus year-end 2025. Range repurchased 2,000,000 shares for $78 million, paid $24 million in dividends, and had $1.4 billion remaining under its share repurchase program. Full-year 2026 guidance includes an all-in capital budget of $650–$700 million, expected production of 2.35–2.40 Bcfe per day with liquids over 30%, and improved price differentials for natural gas, NGLs and condensate.
Range Resources Corporation reported stronger year-to-date results for the six months ended June 30, 2026, with net income of $536.9 million versus $334.6 million a year earlier. Natural gas, NGLs and oil sales rose to $1.71 billion, driven by a 15% increase in average realized prices (excluding derivatives) and a 2% increase in production to 407.6 Bcfe. Operating cash flow increased to $854.2 million, supporting capital spending of $368.1 million.
The company continued to reshape its balance sheet, redeeming $600 million of 8.25% senior notes due 2029 and ending the period with $867.1 million of total debt and $4.71 billion of stockholders’ equity. Range repurchased 2.8 million shares for $105.5 million, paid $47.5 million in dividends at $0.20 per share, and maintained about $1.5 billion of available borrowing capacity on its credit facility. Production grew 5% in second quarter 2026, while per-unit interest expense declined substantially as debt and rates fell.
Range Resources Corporation reports preliminary hedging results for the three months ended June 30, 2026. The company expects to record a total gain on derivatives of $73.5 million. For the same period, it expects to report a total net cash receipt on derivative settlements of $35,288 thousand, including cash receipts from natural gas derivatives of $51,024 thousand and natural gas basis derivatives of $1,765 thousand, partly offset by cash payments on oil derivatives of $10,311 thousand and NGL derivatives of $7,190 thousand. These figures are preliminary and will be finalized in the upcoming Quarterly Report on Form 10‑Q or corresponding earnings release.
Range Resources Corp CEO Dennis Degner reported an internal restructuring of his equity holdings. A Form 4 entry shows 7,572 shares of common stock moved from an indirect Deferred Compensation Account to direct ownership, with no open‑market buy or sell. He now holds 843,552 common shares directly, plus 190,485 unvested common shares held indirectly as unvested stock. A footnote explains the transfer was exempt from reporting, but was voluntarily disclosed.
Range Resources Corp senior vice president and general counsel Erin W. McDowell reported internal share transfers that did not involve open-market buying or selling. On the reported date, Form 4 shows 2,968 shares of common stock moved between direct and indirect accounts as an "other" type of transaction.
After these changes, McDowell holds 85,935 shares of common stock directly and 4,025 shares of common stock indirectly through a deferred compensation account. The filing also lists 68,504 unvested common shares as an indirect holding. A footnote explains that transferring shares from an indirect to a direct holding is normally exempt from reporting and is being disclosed voluntarily.
Cline Brenda A reported acquisition or exercise transactions in this Form 4 filing.
Range Resources director Brenda A. Cline reported an equity award and an internal share transfer. On May 13, 2026, she received an indirect grant of 4,967 unvested common shares at a reference price of $41.2745, which vest 100% after one year.
On May 14, 2026, 5,258 shares previously held indirectly as unvested stock were moved into a direct common stock holding, a voluntary disclosure of an exempt restructuring rather than a market trade. After these updates, she holds 33,926 shares directly, 10,225 unvested shares indirectly, and 89,121 shares indirectly through a family limited partnership.
Spiller Reginal reported acquisition or exercise transactions in this Form 4 filing.
RANGE RESOURCES CORP director Reginal Spiller reported routine equity compensation and an internal share transfer. On May 13, 2026, he received a grant of 4,967 shares of unvested common stock as compensation, with the share price set at $41.2745 based on a 5-day volume weighted average price. These unvested shares are held indirectly and vest 100% on the one-year anniversary of the grant. On May 14, 2026, 5,258 shares were moved from an indirect unvested holding to a direct common stock holding, a restructuring that the company notes was exempt from reporting but voluntarily disclosed. Following these changes, Spiller holds 16,921 shares of common stock directly and 4,967 unvested shares indirectly.
Maxwell Greg G reported acquisition or exercise transactions in this Form 4 filing.
Range Resources director Greg G. Maxwell reported routine equity compensation and an internal share transfer. On May 13, 2026, he received a grant of 6,784 shares of unvested common stock indirectly held as "Unvested Stock" at a reference share price of $41.2745, bringing his indirect unvested balance to 13,966 shares. These board-awarded shares vest 100% on the one-year anniversary of the grant. On May 14, 2026, 7,182 shares were moved from an indirect unvested holding to a direct common stock holding at a reference share price of $41.49, a restructuring the filing notes is exempt but voluntarily disclosed, resulting in 116,239 shares of common stock held directly. He also reports 7,438 shares held indirectly through a Deferred Compensation Account.
Kendall Christian S reported acquisition or exercise transactions in this Form 4 filing.
Range Resources director Christian S. Kendall reported routine equity movements. On May 13, 2026, he received a grant of 4,967 shares of unvested common stock at a share price of $41.2745, determined by a 5-day volume weighted average price; these awards vest 100% on the one-year anniversary of the grant. On May 14, 2026, 5,258 shares were transferred from an indirect unvested holding into a direct common stock holding at $41.4900 per share, characterized as an "other" restructuring transaction voluntarily disclosed. Following these changes, Kendall directly holds 31,364 common shares and indirectly holds 4,967 unvested shares.
Griffie Charles G. reported acquisition or exercise transactions in this Form 4 filing.
Range Resources director Charles G. Griffie reported routine equity compensation and an internal share transfer. On May 13, 2026, he received an award of 4,967 shares of unvested common stock indirectly held as "Unvested Stock" at a reference price of $41.2745, determined using a 5-day volume weighted average price. These board-awarded shares vest 100% on the one-year anniversary of the grant. On May 14, 2026, 5,258 shares were moved from an indirect unvested holding to direct common stock ownership in an exempt restructuring that he chose to disclose. Following these transactions, he directly holds 16,589 common shares and indirectly holds 4,967 unvested shares.