Range Resources Corporation (RRC) financial statements (2021 and earlier)

Company profile

Business Address 100 THROCKMORTON STE. 1200
FT WORTH, TX 76102
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments0110000
Cash and cash equivalents0110000
Receivables253273491349242124189
Inventory, net of allowances, customer advances and progress billings  2321273318
Inventory  2321273318
Derivative instruments and hedges, assets23137885913282363
Other current assets 18     
Other undisclosed current assets13      
Total current assets:290428602429282439570
Noncurrent Assets
Operating lease, right-of-use asset6462
Property, plant and equipment451015171938
Oil and gas property, successful effort method5,6876,0419,0239,5679,2566,3617,978
Intangible assets, net (including goodwill)   1,6411,654  
Goodwill   1,6411,654  
Derivative instruments and hedges171500740
Regulated entity, other noncurrent assets      42
Other noncurrent assets767568777373121
Other undisclosed noncurrent assets      (42)
Total noncurrent assets:5,8476,1859,10611,30011,0006,4618,176
TOTAL ASSETS:6,1376,6129,70811,72911,2826,9008,747
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities535551745705530336625
Accounts payable132155227344229117397
Accrued liabilities348356476318266188188
Interest and dividends payable55394244353040
Debt45      
Derivative instruments and hedges, liabilities27134441651 
Asset retirement obligation725671515
Deferred tax liabilities    116
Other undisclosed current liabilities93      
Total current liabilities:707567755755703352755
Noncurrent Liabilities
Long-term debt and lease obligation3,1593,243 1,2573,809 3,073
Long-term debt, excluding current maturities3,1163,202 1,2573,809 3,073
Operating lease, liability4341
Liabilities, other than long-term debt3003147381,0751,3388831,448
Deferred compensation liability, classified816468101119105179
Asset retirement obligations73249 271251 272
Deferred tax liabilities, net667693943778997
Deferred income tax liabilities135 
Derivative instruments and hedges, liabilities101310240 
Other undisclosed noncurrent liabilities3341424,1562,867252,90613
Total noncurrent liabilities:3,7933,6984,8945,1995,1713,7894,534
Total liabilities:4,4994,2655,6495,9555,8744,1405,289
Stockholders' equity
Stockholders' equity attributable to parent1,6382,3474,0595,7745,4082,7603,457
Common stock3322222
Treasury stock, value(30)(7)(0)(1)(1)(2)(3)
Additional paid in capital5,6845,6605,6285,5785,5242,4432,400
Accumulated other comprehensive loss(0)(1)(1)(1)   
Retained earnings (accumulated deficit)(4,019)(3,307)(1,570)196(117)3181,058
Total stockholders' equity:1,6382,3474,0595,7745,4082,7603,457
TOTAL LIABILITIES AND EQUITY:6,1376,6129,70811,72911,2826,9008,747

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,9692,8283,2832,6111,1001,5982,712
Revenue, net2,3981,3611,1822,292
Cost of revenue(1,979)(2,456)(2,627)(2,198)(1,598)(1,423)(1,638)
Cost of goods and services sold(188)(360)(496)(1,116)(831)(649)(606)
Gross profit:(10)372656413(498)1751,074
Operating expenses(727)(2,589)(2,433)(331)(304)(1,228)(43)
Operating income (loss):(737)(2,217)(1,777)82(802)(1,052)1,031
Nonoperating income
(Investment Income, Nonoperating)
      381
Interest and debt expense(179)(189)(210)(196)(168)(189)(194)
Income (loss) from continuing operations before equity method investments, income taxes:(916)(2,405)(1,987)(114)(970)(1,241)1,218
Loss from equity method investments      (3)
Income (loss) from continuing operations before income taxes:(916)(2,405)(1,987)(114)(970)(1,241)1,215
Income tax expense (benefit)2650030251281339(397)
Net income (loss):(890)(1,905)(1,957)137(690)(903)819
Other undisclosed net income (loss) attributable to parent179189210196168189(184)
Net income (loss) attributable to parent:(712)(1,716)(1,746)333(521)(714)634
Other undisclosed net loss available to common stockholders, basic (0)(0)(4)(0)(0)(11)
Net income (loss) available to common stockholders, basic:(712)(1,717)(1,747)329(522)(714)624
Dilutive securities, effect on basic earnings per share   0  0
Net income (loss) available to common stockholders, diluted:(712)(1,717)(1,747)329(522)(714)624

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(890)(1,905)(1,957)137(690)(903)819
Other comprehensive income (loss)0(0)1(1)  (6)
Comprehensive income (loss):(890)(1,905)(1,956)136(690)(903)813
Other undisclosed comprehensive income (loss), net of tax, attributable to parent179189210196168189(184)
Comprehensive income (loss), net of tax, attributable to parent:(711)(1,716)(1,746)332(521)(714)628

Statements sources

The financial statements are based on the company's filings with the 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.

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