Range Resources Corporation (RRC) Financial Statements (2024 and earlier)
Company Profile
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2023
| 12/31/2022
| 12/31/2021
| 12/31/2020
| 12/31/2019
| 12/31/2018
| 12/31/2017
|
|
ASSETS |
|
Current Assets |
|
Cash, cash equivalents, and short-term investments | | 0 | 214 | 0 | 1 | 1 | 0 |
|
Cash and cash equivalents | | 0 | 214 | 0 | 1 | 1 | 0 |
|
Receivables | | 481 | 472 | 253 | 273 | 491 | 349 |
|
Inventory, net of allowances, customer advances and progress billings | | | | | | 23 | 21 |
|
Inventory | | | | | | 23 | 21 |
|
Prepaid expense | | | | | | | |
|
Derivative instruments and hedges, assets | | 1 | 6 | 23 | 137 | 88 | 59 |
|
Other current assets | | | | | 18 | | |
|
Other undisclosed current assets | | 57 | 45 | 13 | | | |
|
Total current assets: | | 540 | 737 | 290 | 428 | 602 | 429 |
|
Noncurrent Assets |
|
Operating lease, right-of-use asset | | 84 | 41 | 64 | 62 | ✕ | ✕ |
|
Property, plant and equipment | | 2 | 3 | 4 | 5 | 10 | 15 |
|
Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | | 5,890 | 5,755 | 5,687 | 6,041 | 9,023 | 9,567 |
|
Intangible assets, net (including goodwill) | | | | | | | 1,641 |
|
Goodwill | | | | | | | 1,641 |
|
Derivative instruments and hedges | | 41 | 39 | 17 | 1 | 5 | 0 |
|
Other noncurrent assets | | 68 | 86 | 76 | 75 | 68 | 77 |
|
Total noncurrent assets: | | 6,086 | 5,924 | 5,847 | 6,185 | 9,106 | 11,300 |
|
TOTAL ASSETS: | | 6,626 | 6,661 | 6,137 | 6,612 | 9,708 | 11,729 |
|
LIABILITIES AND EQUITY |
|
Liabilities |
|
Current Liabilities |
|
Accounts payable and accrued liabilities | | 650 | 675 | 535 | 551 | 745 | 705 |
|
Interest and dividends payable | ✕ | ✕ | 76 | 55 | 39 | 42 | 44 |
|
Accounts payable | | 207 | 178 | 132 | 155 | 227 | 344 |
|
Accrued liabilities | | 443 | 421 | 348 | 356 | 476 | 318 |
|
Debt | | | | 45 | | | |
|
Deferred compensation liability | | 89 | | | | | |
|
Derivative instruments and hedges, liabilities | | 151 | 163 | 27 | 13 | 4 | 44 |
|
Asset retirement obligation | | 5 | 5 | 7 | 2 | 5 | 6 |
|
Other undisclosed current liabilities | | 126 | 309 | 93 | | | |
|
Total current liabilities: | | 1,021 | 1,152 | 707 | 567 | 755 | 755 |
|
Noncurrent Liabilities |
|
Long-term debt and lease obligation | | 1,842 | 2,733 | 3,159 | 3,243 | | 1,257 |
|
Long-term debt, excluding current maturities | | 1,842 | 2,708 | 3,116 | 3,202 | | 1,257 |
|
Liabilities, other than long-term debt | | 575 | 353 | 300 | 314 | 738 | 1,075 |
|
Deferred compensation liability, classified | | 100 | 137 | 81 | 64 | 68 | 101 |
|
Asset retirement obligations | | 105 | 91 | 73 | 249 | | 271 |
|
Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | 667 | 693 |
|
Deferred income tax liabilities | | 334 | 118 | 135 | | ✕ | ✕ |
|
Operating lease, liability | | 21 | 25 | 43 | 41 | ✕ | ✕ |
|
Derivative instruments and hedges, liabilities | | 15 | 8 | 10 | 1 | 3 | 10 |
|
Other undisclosed noncurrent liabilities | | 312 | 336 | 334 | 142 | 4,156 | 2,867 |
|
Total noncurrent liabilities: | | 2,729 | 3,422 | 3,793 | 3,698 | 4,894 | 5,199 |
|
Total liabilities: | | 3,750 | 4,575 | 4,499 | 4,265 | 5,649 | 5,955 |
|
Equity |
|
Equity, attributable to parent | | 2,876 | 2,086 | 1,638 | 2,347 | 4,059 | 5,774 |
|
Common stock | | 3 | 3 | 3 | 3 | 2 | 2 |
|
Treasury stock, value | | (430) | (30) | (30) | (7) | (0) | (1) |
|
Additional paid in capital | | 5,765 | 5,720 | 5,684 | 5,660 | 5,628 | 5,578 |
|
Accumulated other comprehensive income (loss) | | 0 | (0) | (0) | (1) | (1) | (1) |
|
Retained earnings (accumulated deficit) | | (2,462) | (3,607) | (4,019) | (3,307) | (1,570) | 196 |
|
Total equity: | | 2,876 | 2,086 | 1,638 | 2,347 | 4,059 | 5,774 |
|
TOTAL LIABILITIES AND EQUITY: | | 6,626 | 6,661 | 6,137 | 6,612 | 9,708 | 11,729 |
Income Statement (P&L) ($ in millions)
Comprehensive Income ($ in millions)
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission
(SEC)
through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from
the 10-K and 10-Q reports submitted
to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP
Taxonomy.
Please review the original filings
for a more detailed information.