2023 Q1 Form 10-K Financial Statement

#000095017023004687 Filed on February 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $1.186B $1.182B $4.147B
YoY Change 556.4% -5.97% 41.52%
Cost Of Revenue $67.07M $132.1M $427.0M
YoY Change -27.98% -10.08% 16.27%
Gross Profit $1.119B $1.050B $3.720B
YoY Change 1177.54% -5.43% 45.14%
Gross Profit Margin 94.35% 88.83% 89.7%
Selling, General & Admin $345.9M $336.6M $1.473B
YoY Change -16.48% -1.6% 4.27%
% of Gross Profit 30.91% 32.05% 39.6%
Research & Development $4.604M $7.069M $26.77M
YoY Change -2.02% -0.55% 13.66%
% of Gross Profit 0.41% 0.67% 0.72%
Depreciation & Amortization $86.56M $90.85M $353.4M
YoY Change 1.12% -1.71% -3.05%
% of Gross Profit 7.73% 8.65% 9.5%
Operating Expenses $437.1M $434.5M $1.853B
YoY Change -13.36% -1.61% 2.91%
Operating Profit $682.2M $615.7M $1.867B
YoY Change -263.66% -7.95% 144.89%
Interest Expense $32.20M $410.9M $165.1M
YoY Change -31.74% 62.3% -27.36%
% of Operating Profit 4.72% 66.75% 8.85%
Other Income/Expense, Net
YoY Change
Pretax Income $603.3M $997.8M $1.414B
YoY Change -205.31% 9.67% 251.67%
Income Tax $121.9M $183.6M $230.5M
% Of Pretax Income 20.2% 18.4% 16.3%
Net Earnings $481.4M $794.8M $1.183B
YoY Change -205.39% -10.83% 187.38%
Net Earnings / Revenue 40.58% 67.23% 28.54%
Basic Earnings Per Share $1.98 $4.79
Diluted Earnings Per Share $1.95 $3.31 $4.69
COMMON SHARES
Basic Shares Outstanding 240.6M 241.6M 240.9M
Diluted Shares Outstanding 240.9M 246.4M

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $227.6M $57.91M $207.0K
YoY Change 101.57% -79.61% -99.9%
Cash & Equivalents $227.6M $207.0K $207.0K
Short-Term Investments $57.70M
Other Short-Term Assets $38.07M $33.83M $33.83M
YoY Change 109.62% 122.13% 61.34%
Inventory
Prepaid Expenses $20.80M
Receivables $256.0M $481.1M $481.1M
Other Receivables $24.50M $24.50M $24.50M
Total Short-Term Assets $693.8M $539.6M $539.6M
YoY Change 20.49% -26.75% -26.75%
LONG-TERM ASSETS
Property, Plant & Equipment $2.087M $2.434M $5.977B
YoY Change -32.68% -30.34% 3.07%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $84.71M $68.08M $109.1M
YoY Change -2.05% -21.08% -12.65%
Total Long-Term Assets $6.189B $6.086B $6.086B
YoY Change 3.41% 2.74% 2.74%
TOTAL ASSETS
Total Short-Term Assets $693.8M $539.6M $539.6M
Total Long-Term Assets $6.189B $6.086B $6.086B
Total Assets $6.882B $6.626B $6.626B
YoY Change 4.91% -0.52% -0.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $179.5M $206.7M $206.7M
YoY Change -23.39% 15.88% 15.88%
Accrued Expenses $341.5M $442.9M $571.4M
YoY Change -10.39% 5.23% 15.01%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $756.9M $1.021B $1.021B
YoY Change -67.62% -11.44% -11.44%
LONG-TERM LIABILITIES
Long-Term Debt $1.833B $1.842B $1.842B
YoY Change 0.19% -31.98% -31.98%
Other Long-Term Liabilities $533.9M $553.4M $553.4M
YoY Change -29.83% -7.3% -7.3%
Total Long-Term Liabilities $2.367B $1.842B $2.395B
YoY Change 29.37% -31.98% -27.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $756.9M $1.021B $1.021B
Total Long-Term Liabilities $2.367B $1.842B $2.395B
Total Liabilities $3.577B $3.750B $3.750B
YoY Change -27.89% -18.04% -18.04%
SHAREHOLDERS EQUITY
Retained Earnings -$2.001B -$2.462B
YoY Change -50.77% -31.73%
Common Stock $5.743B $5.768B
YoY Change 0.57% 0.78%
Preferred Stock
YoY Change
Treasury Stock (at cost) $437.5M $429.7M
YoY Change 847.75% 1331.86%
Treasury Stock Shares $24.32M $24.00M
Shareholders Equity $3.305B $2.876B $2.876B
YoY Change
Total Liabilities & Shareholders Equity $6.882B $6.626B $6.626B
YoY Change 4.91% -0.52% -0.52%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $481.4M $794.8M $1.183B
YoY Change -205.39% -10.83% 187.38%
Depreciation, Depletion And Amortization $86.56M $90.85M $353.4M
YoY Change 1.12% -1.71% -3.05%
Cash From Operating Activities $475.0M $612.7M $1.865B
YoY Change 16.87% 92.87% 135.17%
INVESTING ACTIVITIES
Capital Expenditures $138.3M $111.8M $488.1M
YoY Change -234.6% -230.04% -216.58%
Acquisitions
YoY Change
Other Investing Activities -$9.000K -$3.392M -$1.760M
YoY Change -99.6% 12.21% -322.22%
Cash From Investing Activities -$138.3M -$115.1M -$489.8M
YoY Change 31.69% 29.43% 17.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -109.2M -654.4M -1.589B
YoY Change -72.89% 4336.31% 886.39%
NET CHANGE
Cash From Operating Activities 475.0M 612.7M 1.865B
Cash From Investing Activities -138.3M -115.1M -489.8M
Cash From Financing Activities -109.2M -654.4M -1.589B
Net Change In Cash 227.4M -156.9M -214.2M
YoY Change -324.08% -173.35% -200.12%
FREE CASH FLOW
Cash From Operating Activities $475.0M $612.7M $1.865B
Capital Expenditures $138.3M $111.8M $488.1M
Free Cash Flow $336.7M $500.9M $1.377B
YoY Change -33.88% 24.11% 13.62%

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<div style="text-indent:0.0%;display:flex;margin-top:0.0pt;justify-content:flex-start;align-items:baseline;margin-bottom:0.0pt;min-width:4.537%;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;text-indent:0;display:inline-flex;font-size:10.0pt;font-family:Times New Roman;justify-content:flex-start;min-width:4.537%;">(1)</span><div style="display:inline;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Summary of Organization and Nature of Business</span></div></div><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:9.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Range Resources Corporation (“Range,” “we,” “us,” or “our”) is a Fort Worth, Texas-based independent natural gas, natural gas liquids (“NGLs”), crude oil and condensate company engaged in the exploration, development and acquisition of natural gas and oil properties in the Appalachian region of the United States. Our objective is to build stockholder value through returns focused development of natural gas properties. Range is a Delaware corporation with our common stock listed and traded on the New York Stock Exchange under the symbol “RRC”.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:6.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Use of Estimates</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The preparation of financial statements in accordance with U.S. GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from these estimates and changes in these estimates are recorded when known.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:9.0pt;font-family:Times New Roman;margin-bottom:9.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Estimated quantities of natural gas, NGLs, crude oil and condensate reserves is a significant estimate that requires judgment. All of the reserve data included in this Form 10-K are estimates. Reservoir engineering is a subjective process of estimating underground accumulations of natural gas, NGLs, crude oil and condensate. There are numerous uncertainties inherent in estimating quantities of proved natural gas, NGLs, crude oil and condensate reserves. The accuracy of any reserves estimate is a function of the quality of available data and of engineering and geological interpretation and judgment. As a result, reserves estimates may be different from the quantities of natural gas, NGLs and crude oil and condensate that are ultimately recovered. See Note 17 for further detail.</span></p>
CY2022 rrc Net Brokered Natural Gas Margin Gain Loss
NetBrokeredNaturalGasMarginGainLoss
-5400000
CY2021 rrc Net Brokered Natural Gas Margin Gain Loss
NetBrokeredNaturalGasMarginGainLoss
1100000
CY2020 rrc Net Brokered Natural Gas Margin Gain Loss
NetBrokeredNaturalGasMarginGainLoss
-14200000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
314000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
568000
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-250000
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
200000
CY2022 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0
CY2022Q4 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
800600000
CY2021Q4 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
837300000
CY2022 us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
28600000
CY2021 us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
7200000
CY2020 us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
19300000
CY2022 us-gaap Depreciation
Depreciation
2200000
CY2021 us-gaap Depreciation
Depreciation
2400000
CY2020 us-gaap Depreciation
Depreciation
2600000
CY2022Q4 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P12M
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
57700000
CY2022Q4 us-gaap Other Investments
OtherInvestments
10400000
CY2021Q4 us-gaap Marketable Securities
MarketableSecurities
69600000
CY2021Q4 us-gaap Other Investments
OtherInvestments
11500000
CY2021Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
5200000
CY2022 us-gaap Derivative Description Of Hedged Item
DerivativeDescriptionOfHedgedItem
We did not materially modify any existing derivative contracts in 2022, 2021 or 2020.
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;font-family:Times New Roman;margin-bottom:9.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Concentrations of Credit Risk</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">As of December 31, 2022, our primary concentrations of credit risk are the risks of collecting accounts receivable and the risk of counterparties’ failure to perform under derivative contracts. Most of our receivables are from a diverse group of companies, including major energy companies, pipeline companies, local distribution companies, financial institutions, commodity traders and end-users in various industries and such receivables are generally unsecured. The nature of our customers’ businesses may impact our overall credit risk, either positively or negatively, in that these entities may be similarly affected by changes in economic or other conditions. To manage risks of collecting accounts receivable, we monitor our counterparties’ financial strength and/or credit ratings and where we deem necessary, we obtain parent company guarantees, prepayments, letters of credit or other credit enhancements to reduce risk of loss. We do not anticipate a material impact on our financial results due to non-performance by third parties.</span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:9.0pt;font-family:Times New Roman;margin-bottom:9.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">For the year ended December 31, 2022, we had </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">no</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> customer that accounted for 10% or more of natural gas, NGLs and oil sales compared to </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">one</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> customer for the year ended December 31, 2021 and </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">no</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">ne for the year ended December 31, 2020. We believe that the loss of any one customer would not have an adverse effect on our ability to sell our natural gas, NGLs and oil production.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:9.0pt;font-family:Times New Roman;margin-bottom:9.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">We have executed International Swap Dealers Association Master Agreements (“ISDA Agreements”) with counterparties for the purpose of entering into derivative contracts. To manage counterparty risk associated with our derivatives, we select and monitor counterparties based on assessment of their financial strength and/or credit ratings. We may also limit the level of exposure with any single counterparty. Additionally, the terms of our ISDA Agreements provide us and our counterparties with netting rights such that we may offset payables against receivables with a counterparty under separate derivative contracts. Our ISDA Agreements also generally contain set-off rights such that, upon the occurrence of defined acts of default by either us or a counterparty to a derivative contract, the non-defaulting party may set-off receivables owed under all derivative contracts against payables from other agreements with that counterparty. None of our derivative contracts have a margin requirement or collateral provision that would require us to fund or post additional collateral prior to the scheduled cash settlement date.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:9.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">At December 31, 2022, our derivative counterparties included </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">fourteen</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> financial institutions and commodity traders, of which all but </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">six</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> are secured lenders in our bank credit facility. At December 31, 2022, our net derivative liability includes a payable to </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">four</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> counterparties not included in our bank credit facility totaling $</span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">4.0</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million and a receivable from the remaining </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">two</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> counterparties of $</span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">3.3</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million. In determining fair value of derivative assets, we evaluate the risk of non-performance and incorporate factors such as amounts owed under other agreements permitting set-off, as well as pricing of credit default swaps for the counterparty. Historically, we have not experienced any issues of non-performance by derivative counterparties. Net derivative liabilities are determined in part by using our market based credit spread to incorporate our theoretical risk of non-performance.</span></p>
CY2022 rrc Number Of Customers Accounted More Than Ten Percent Of Oil And Gas Revenues
NumberOfCustomersAccountedMoreThanTenPercentOfOilAndGasRevenues
0
CY2021 rrc Number Of Customers Accounted More Than Ten Percent Of Oil And Gas Revenues
NumberOfCustomersAccountedMoreThanTenPercentOfOilAndGasRevenues
1
CY2020 rrc Number Of Customers Accounted More Than Ten Percent Of Oil And Gas Revenues
NumberOfCustomersAccountedMoreThanTenPercentOfOilAndGasRevenues
0
CY2022 rrc Number Of Financial Institutions Included In Counterparties
NumberOfFinancialInstitutionsIncludedInCounterparties
14
CY2022 rrc Number Of Counter Parties Not Included In Bank Credit Facility
NumberOfCounterPartiesNotIncludedInBankCreditFacility
6
CY2022 rrc Number Of Counterparties Amount To Be Paid
NumberOfCounterpartiesAmountToBePaid
4
CY2022 rrc Number Of Counterparties Amount To Be Received
NumberOfCounterpartiesAmountToBeReceived
2
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.010
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-25600000
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Gain Loss On Sale Of Oil And Gas Property
GainLossOnSaleOfOilAndGasProperty
409000
CY2021 us-gaap Gain Loss On Sale Of Oil And Gas Property
GainLossOnSaleOfOilAndGasProperty
701000
CY2020 us-gaap Gain Loss On Sale Of Oil And Gas Property
GainLossOnSaleOfOilAndGasProperty
110800000
CY2022 rrc Number Of Revenue Streams
NumberOfRevenueStreams
3
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5335309000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3580439000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1780986000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
230500000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9700000
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
581349000
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
788375000
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.040
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.052
CY2022 rrc Effective Income Tax Rate Reconciliation State Rate And Law Change
EffectiveIncomeTaxRateReconciliationStateRateAndLawChange
0
CY2021 rrc Effective Income Tax Rate Reconciliation State Rate And Law Change
EffectiveIncomeTaxRateReconciliationStateRateAndLawChange
-0.034
CY2020 rrc Effective Income Tax Rate Reconciliation State Rate And Law Change
EffectiveIncomeTaxRateReconciliationStateRateAndLawChange
0.043
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.023
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.010
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.055
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.268
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.259
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.002
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.005
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.001
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.163
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.024
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.035
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
245839000
CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
245839000
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
6297000
CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
6297000
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-366000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-24489000
CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-24855000
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
14688000
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-30067000
CY2022 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-15379000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7984000
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-24024000
CY2021 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-16040000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-157000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-540000
CY2020 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-697000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
14688000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
215772000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
230460000
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7984000
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-17727000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9743000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-523000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-25029000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-25552000
CY2022Q4 rrc Deferred Tax Assets Divestiture Contract Obligation
DeferredTaxAssetsDivestitureContractObligation
105227000
CY2021Q4 rrc Deferred Tax Assets Divestiture Contract Obligation
DeferredTaxAssetsDivestitureContractObligation
112199000
CY2022Q4 rrc Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Deferred Compensation Non Current
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsDeferredCompensationNonCurrent
25733000
CY2021Q4 rrc Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Deferred Compensation Non Current
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsDeferredCompensationNonCurrent
22121000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
4813000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
4833000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
24113000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
21734000
CY2022Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
16118000
CY2021Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
53876000
CY2022Q4 rrc Deferred Tax Liabilities Lease
DeferredTaxLiabilitiesLease
19395000
CY2021Q4 rrc Deferred Tax Liabilities Lease
DeferredTaxLiabilitiesLease
9954000
CY2022Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
30307000
CY2021Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
32221000
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
16922000
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
12181000
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
631234000
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
786425000
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
935710000
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
0
CY2020Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
0
CY2022Q4 us-gaap Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
9855287000
CY2021Q4 us-gaap Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
9338236000
CY2020Q4 us-gaap Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
8891348000
CY2022Q4 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
800592000
CY2021Q4 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
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CY2020Q4 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
859766000
CY2022Q4 us-gaap Oil And Gas Property Successful Effort Method Gross
OilAndGasPropertySuccessfulEffortMethodGross
10655879000
CY2021Q4 us-gaap Oil And Gas Property Successful Effort Method Gross
OilAndGasPropertySuccessfulEffortMethodGross
10175570000
CY2020Q4 us-gaap Oil And Gas Property Successful Effort Method Gross
OilAndGasPropertySuccessfulEffortMethodGross
9751114000
CY2022Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
4765475000
CY2021Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
4420914000
CY2020Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
4064305000
CY2022Q4 us-gaap Oil And Gas Property Successful Effort Method Net
OilAndGasPropertySuccessfulEffortMethodNet
5890404000
CY2021Q4 us-gaap Oil And Gas Property Successful Effort Method Net
OilAndGasPropertySuccessfulEffortMethodNet
5754656000
CY2020Q4 us-gaap Oil And Gas Property Successful Effort Method Net
OilAndGasPropertySuccessfulEffortMethodNet
5686809000
CY2022 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
28735000
CY2021 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
21942000
CY2020 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
26166000
CY2022 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
460668000
CY2021 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
381753000
CY2020 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
369093000
CY2022 rrc Cost Incurred Transportation And Field Equipment Costs
CostIncurredTransportationAndFieldEquipmentCosts
1466000
CY2021 rrc Cost Incurred Transportation And Field Equipment Costs
CostIncurredTransportationAndFieldEquipmentCosts
3402000
CY2020 rrc Cost Incurred Transportation And Field Equipment Costs
CostIncurredTransportationAndFieldEquipmentCosts
3694000
CY2022 rrc Cost Incurred Of Oil And Gas Properties
CostIncurredOfOilAndGasProperties
517641000
CY2021 rrc Cost Incurred Of Oil And Gas Properties
CostIncurredOfOilAndGasProperties
436981000
CY2020 rrc Cost Incurred Of Oil And Gas Properties
CostIncurredOfOilAndGasProperties
439317000
CY2022 rrc Increase Decrease In Asset Retirement Obligations Costs Incurred
IncreaseDecreaseInAssetRetirementObligationsCostsIncurred
18096000
CY2021 rrc Increase Decrease In Asset Retirement Obligations Costs Incurred
IncreaseDecreaseInAssetRetirementObligationsCostsIncurred
18634000
CY2020 rrc Increase Decrease In Asset Retirement Obligations Costs Incurred
IncreaseDecreaseInAssetRetirementObligationsCostsIncurred
2610000
CY2022 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
535737000
CY2021 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
455615000
CY2020 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
441927000
CY2022Q4 rrc Percentage Of Proved Resources Reviewed By Consultants
PercentageOfProvedResourcesReviewedByConsultants
0.96
CY2022 rrc Proved Reserve And Pretax Present Value Of Reserve Discounted
ProvedReserveAndPretaxPresentValueOfReserveDiscounted
0.10
CY2022 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
14326997000
CY2022 rrc Proved Reserve And Pretax Present Value Of Reserve Discounted
ProvedReserveAndPretaxPresentValueOfReserveDiscounted
0.10
CY2022 rrc Maximum Historical Percent Difference From Consultants
MaximumHistoricalPercentDifferenceFromConsultants
less than 5%.
CY2022 rrc Scheduled Drilling Period Maximum For Undeveloped Reserves
ScheduledDrillingPeriodMaximumForUndevelopedReserves
scheduled to be drilled within five years
CY2021 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
11600850000
CY2022 rrc Reserves Additions Attributable To Natural Gas
ReservesAdditionsAttributableToNaturalGas
0.77
CY2022 rrc Proved Un Developed Reserves Dropped
ProvedUnDevelopedReservesDropped
1400
CY2021 rrc Reserves Additions Attributable To Natural Gas
ReservesAdditionsAttributableToNaturalGas
0.72
CY2021 rrc Proved Developed And Undeveloped Reserve Revision Of Positive Pricing
ProvedDevelopedAndUndevelopedReserveRevisionOfPositivePricing
22600
CY2021 rrc Proved Un Developed Reserves Dropped
ProvedUnDevelopedReservesDropped
1300
CY2020 rrc Reserves Additions Attributable To Natural Gas
ReservesAdditionsAttributableToNaturalGas
0.80
CY2020 rrc Proved Un Developed Reserves Dropped
ProvedUnDevelopedReservesDropped
961100
CY2020 rrc Proved Developed And Undeveloped Reserve Revision Of Negative Pricing
ProvedDevelopedAndUndevelopedReserveRevisionOfNegativePricing
67900
CY2021Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
7357597
CY2022 rrc Proved Undeveloped Reserves Transferred To Developed
ProvedUndevelopedReservesTransferredToDeveloped
1091828
CY2022 rrc Proved Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease
ProvedUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease
759281
CY2022 rrc Proved Undeveloped Reserves Extensions Discoveries And Additions
ProvedUndevelopedReservesExtensionsDiscoveriesAndAdditions
1637988
CY2022Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
7144476
CY2022 rrc Proved Un Developed Reserves Removed And Deferred
ProvedUnDevelopedReservesRemovedAndDeferred
1400
CY2022 rrc Proved Undeveloped Reserves Transferred To Developed Dollar Spent
ProvedUndevelopedReservesTransferredToDevelopedDollarSpent
430000000.0
CY2022 rrc Estimated Future Development Costs Over Next Five Years
EstimatedFutureDevelopmentCostsOverNextFiveYears
3000000000.0
CY2022Q4 rrc Proved Undeveloped Reserves Carried Beyond Five Years
ProvedUndevelopedReservesCarriedBeyondFiveYears
87800
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
113954835000
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
69403611000
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
31991109000
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
27015321000
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
3313724000
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
2469028000
CY2022Q4 rrc Discounted Future Net Cash Flows Relating To Prove Oil And Gas Reserves Future Income Before Tax Expense
DiscountedFutureNetCashFlowsRelatingToProveOilAndGasReservesFutureIncomeBeforeTaxExpense
78650002000
CY2021Q4 rrc Discounted Future Net Cash Flows Relating To Prove Oil And Gas Reserves Future Income Before Tax Expense
DiscountedFutureNetCashFlowsRelatingToProveOilAndGasReservesFutureIncomeBeforeTaxExpense
39919262000
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
16651625000
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
8146832000
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
61998377000
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
31772430000
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
37453094000
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
19287204000
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
24545283000
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
12485226000
CY2022Q4 rrc Undiscounted Future Net Cash Flows Relating To Proved Oil And Gas Asset Retirement Costs Estimation
UndiscountedFutureNetCashFlowsRelatingToProvedOilAndGasAssetRetirementCostsEstimation
361900000
CY2020 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-4868371000
CY2022 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
109129000
CY2021 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
577737000
CY2020 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-345073000
CY2021 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-53818000
CY2020 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
107899000
CY2022 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-2625699000
CY2021 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-2248161000
CY2020 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
797816000
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
1486783000
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
298077000
CY2020 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
756083000
CY2022 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
2842173000
CY2021 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
1423510000
CY2020 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
280441000
CY2022 rrc Oil And Gas Production Costs
OilAndGasProductionCosts
-3550632000
CY2021 rrc Oil And Gas Production Costs
OilAndGasProductionCosts
-1934254000
CY2020 rrc Oil And Gas Production Costs
OilAndGasProductionCosts
-402450000
CY2022 rrc Actual Development Costs Incurred
ActualDevelopmentCostsIncurred
471877000
CY2021 rrc Actual Development Costs Incurred
ActualDevelopmentCostsIncurred
399681000
CY2020 rrc Actual Development Costs Incurred
ActualDevelopmentCostsIncurred
384530000
CY2022 srt Decrease Due To Sales Of Minerals In Place
DecreaseDueToSalesOfMineralsInPlace
0
CY2021 srt Decrease Due To Sales Of Minerals In Place
DecreaseDueToSalesOfMineralsInPlace
0
CY2020 srt Decrease Due To Sales Of Minerals In Place
DecreaseDueToSalesOfMineralsInPlace
394125000
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-475724000
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-424718000
CY2020 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-99001000
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
12060057000
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
9638904000
CY2020 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
-3782251000
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
12485226000
CY2020Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2846322000
CY2019Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
6628573000
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
24545283000
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
12485226000
CY2020Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2846322000

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