$RRC
Range Resources Corp Stock $rrc

$rrc Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000156459016021544 Filed on July 26, 2016

Income Statement

Concept	2016 Q2	2015 Q4	2015 Q2
Revenue	$101.8M	$410.7M	$244.6M
YoY Change	-58.38%	-52.71%	-49.41%
Cost Of Revenue	$67.60M	$71.70M	$71.10M
YoY Change	-4.92%	-12.88%	-11.79%
Gross Profit	$197.0M	$212.7M	$208.3M
YoY Change	-5.42%	-43.1%	-51.22%
Gross Profit Margin	193.52%	51.79%	85.16%
Selling, General & Admin	$208.7M	$135.0M	$143.9M
YoY Change	45.03%	28.45%	-0.21%
% of Gross Profit	105.94%	63.47%	69.08%
Research & Development	$6.800M	$4.300M	$5.000M
YoY Change	36.0%	-81.78%	-63.24%
% of Gross Profit	3.45%	2.02%	2.4%
Depreciation & Amortization	$122.4M	$215.9M	$151.9M
YoY Change	-19.42%	44.32%	-4.04%
% of Gross Profit	62.13%	101.5%	72.92%
Operating Expenses	$337.9M	$267.2M	$300.8M
YoY Change	12.33%	-2.91%	3.3%
Operating Profit	-$140.9M	-$54.50M	-$92.50M
YoY Change	52.32%	-155.27%	-168.11%
Interest Expense	$37.76M	$40.85M	$43.48M
YoY Change	-13.16%	5.01%	-4.42%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$354.4M	-$486.1M	-$180.6M
YoY Change	96.23%	-208.0%	-162.41%
Income Tax	-$129.5M	-$164.3M	-$61.98M
% Of Pretax Income
Net Earnings	-$224.9M	-$321.8M	-$118.6M
YoY Change	89.67%	-213.3%	-169.2%
Net Earnings / Revenue	-220.97%	-78.36%	-48.48%
Basic Earnings Per Share	-$1.35	-$1.93	-$0.71
Diluted Earnings Per Share	-$1.35	-$1.93	-$0.71
COMMON SHARES
Basic Shares Outstanding	167.1M		166.4M
Diluted Shares Outstanding	167.1M		166.4M

Balance Sheet

Concept	2016 Q2	2015 Q4	2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$0.00	$62.87M	$1.000M
YoY Change	-100.0%	-8.81%
Cash & Equivalents	$382.0K	$471.0K	$521.0K
Short-Term Investments		$62.40M
Other Short-Term Assets	$43.00M	$282.0M	$237.0M
YoY Change	-81.86%	-22.31%	426.67%
Inventory	$21.00M	$33.22M	$21.00M
Prepaid Expenses
Receivables	$81.00M	$123.8M	$115.0M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$146.0M	$439.1M	$374.0M
YoY Change	-60.96%	-23.01%	50.81%
LONG-TERM ASSETS
Property, Plant & Equipment	$6.157B	$6.381B	$8.273B
YoY Change	-25.58%	16879.32%	11.29%
Goodwill		$0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$77.00M	$80.00M	$159.0M
YoY Change	-51.57%	-33.9%	33.61%
Total Long-Term Assets	$6.234B	$6.461B	$8.432B
YoY Change	-26.07%	-20.98%	11.64%
TOTAL ASSETS
Total Short-Term Assets	$146.0M	$439.1M	$374.0M
Total Long-Term Assets	$6.234B	$6.461B	$8.432B
Total Assets	$6.380B	$6.900B	$8.806B
YoY Change	-27.55%	-21.11%	12.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$92.00M	$117.0M	$207.0M
YoY Change	-55.56%	-70.52%	-28.87%
Accrued Expenses	$212.0M	$218.0M	$208.0M
YoY Change	1.92%	15.97%	4.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$340.0M	$351.7M	$506.8M
YoY Change	-32.91%	-53.43%	-9.35%
LONG-TERM LIABILITIES
Long-Term Debt	$2.567B	$2.651B	$3.464B
YoY Change	-25.9%	-13.72%	22.4%
Other Long-Term Liabilities	$402.0M	$359.0M	$454.0M
YoY Change	-11.45%	-22.63%	-8.65%
Total Long-Term Liabilities	$2.567B	$2.651B	$3.464B
YoY Change	-25.9%	-13.72%	22.4%
TOTAL LIABILITIES
Total Short-Term Liabilities	$340.0M	$351.7M	$506.8M
Total Long-Term Liabilities	$2.567B	$2.651B	$3.464B
Total Liabilities	$3.915B	$3.003B	$5.425B
YoY Change	-27.83%	-43.23%	13.48%
SHAREHOLDERS EQUITY
Retained Earnings			$953.9M
YoY Change
Common Stock		$2.443B	$2.430B
YoY Change		1.68%
Preferred Stock
YoY Change
Treasury Stock (at cost)			$2.358M
YoY Change
Treasury Stock Shares			$62.51K
Shareholders Equity	$2.465B	$2.760B	$3.381B
YoY Change
Total Liabilities & Shareholders Equity	$6.380B	$6.900B	$8.806B
YoY Change	-27.55%	-21.11%	12.88%

Cashflow Statement

Concept	2016 Q2	2015 Q4	2015 Q2
OPERATING ACTIVITIES
Net Income	-$224.9M	-$321.8M	-$118.6M
YoY Change	89.67%	-213.3%	-169.2%
Depreciation, Depletion And Amortization	$122.4M	$215.9M	$151.9M
YoY Change	-19.42%	44.32%	-4.04%
Cash From Operating Activities	$82.40M	$175.8M	$159.5M
YoY Change	-48.34%	-41.24%	-38.72%
INVESTING ACTIVITIES
Capital Expenditures	-$138.9M	-$144.7M	-$335.6M
YoY Change	-58.61%	-64.0%	-12.1%
Acquisitions
YoY Change
Other Investing Activities	$79.40M	$871.9M	$8.400M
YoY Change	845.24%	2970.07%	-94.22%
Cash From Investing Activities	-$59.40M	$727.2M	-$327.2M
YoY Change	-81.85%	-294.65%	38.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-23.20M	-903.1M	167.7M
YoY Change	-113.83%	-1315.48%	-801.67%
NET CHANGE
Cash From Operating Activities	82.40M	175.8M	159.5M
Cash From Investing Activities	-59.40M	727.2M	-327.2M
Cash From Financing Activities	-23.20M	-903.1M	167.7M
Net Change In Cash	-200.0K	-100.0K	0.000
YoY Change		0.0%
FREE CASH FLOW
Cash From Operating Activities	$82.40M	$175.8M	$159.5M
Capital Expenditures	-$138.9M	-$144.7M	-$335.6M
Free Cash Flow	$221.3M	$320.5M	$495.1M
YoY Change	-55.3%	-54.29%	-22.89%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
	us-gaap	Gain Loss On Sale Of Oil And Gas Property GainLossOnSaleOfOilAndGasProperty	-4947000
CY2016Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0
CY2015Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0
CY2015Q2	us-gaap	Gain Loss On Sale Of Oil And Gas Property GainLossOnSaleOfOilAndGasProperty	2909000
	rrc	Deferred Compensation Arrangement Gain Loss DeferredCompensationArrangementGainLoss	41802000
CY2016Q2	us-gaap	Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions	122390000
	us-gaap	Results Of Operations Income Before Income Taxes ResultsOfOperationsIncomeBeforeIncomeTaxes	-490172000
CY2016Q2	rrc	Senior Notes Net Of Debt Issuance Costs SeniorNotesNetOfDebtIssuanceCosts	738616000
CY2016Q2	rrc	Subordinated Long Term Debt Net Of Debt Issuance Costs SubordinatedLongTermDebtNetOfDebtIssuanceCosts	1828345000
CY2016Q2	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	19243000
CY2016Q2	us-gaap	Brokered Natural Gas Margin Revenue BrokeredNaturalGasMarginRevenue	39989000
CY2015Q2	us-gaap	Brokered Natural Gas Margin Revenue BrokeredNaturalGasMarginRevenue	21339000
	us-gaap	Brokered Natural Gas Margin Revenue BrokeredNaturalGasMarginRevenue	75007000
CY2016Q2	us-gaap	Revenues Revenues	101797000
	us-gaap	Results Of Operations Income Before Income Taxes ResultsOfOperationsIncomeBeforeIncomeTaxes	-130519000
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-39609000
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	0
CY2015Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	1136000
CY2015Q4	rrc	Long Term Line Of Credit Net Of Debt Issuance Costs LongTermLineOfCreditNetOfDebtIssuanceCosts	86427000
CY2015Q4	rrc	Senior Notes Net Of Debt Issuance Costs SeniorNotesNetOfDebtIssuanceCosts	738101000
CY2015Q4	rrc	Subordinated Long Term Debt Net Of Debt Issuance Costs SubordinatedLongTermDebtNetOfDebtIssuanceCosts	1826775000
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.55
	us-gaap	Net Income Loss NetIncomeLoss	-90910000
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.08
CY2015Q2	rrc	Deferred Compensation Arrangement Gain Loss DeferredCompensationArrangementGainLoss	-7282000
CY2015Q2	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0
CY2016Q2	rrc	Deferred Compensation Arrangement Gain Loss DeferredCompensationArrangementGainLoss	25746000
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	2621000
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.55
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-39609000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	166230000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	166230000
CY2016Q2	us-gaap	Gain Loss On Sale Of Oil And Gas Property GainLossOnSaleOfOilAndGasProperty	-3304000
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	14301000
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	19897000
	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	24992000
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-704869000
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	1009000000
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	1368000000
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	13929000
	us-gaap	Payments Of Dividends PaymentsOfDividends	13534000
CY2015Q2	us-gaap	Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions	151895000
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	86721000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	285991000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	299185000
	us-gaap	Results Of Operations Dry Hole Costs ResultsOfOperationsDryHoleCosts	0
	us-gaap	Results Of Operations Dry Hole Costs ResultsOfOperationsDryHoleCosts	106000
	rrc	Cash Proceeds And Settlements On Derivatives CashProceedsAndSettlementsOnDerivatives	-207544000
	rrc	Cash Proceeds And Settlements On Derivatives CashProceedsAndSettlementsOnDerivatives	-222716000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	250000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-41955000
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	3749000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1304000
	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	23554000
	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	51450000
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	0
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	75000
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	190803000
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	22115000
	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	22997000
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-74282000
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	647000000
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	739000000
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	750000000
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	124000
	us-gaap	Payments Of Dividends PaymentsOfDividends	6796000
	us-gaap	Proceeds From Repayments Of Bank Overdrafts ProceedsFromRepaymentsOfBankOverdrafts	-6804000
	us-gaap	Proceeds From Repayments Of Bank Overdrafts ProceedsFromRepaymentsOfBankOverdrafts	-35921000
	rrc	Proceeds From Sale Of Common Stock Held By Deferred Compensation Plan ProceedsFromSaleOfCommonStockHeldByDeferredCompensationPlan	10313000
	rrc	Proceeds From Sale Of Common Stock Held By Deferred Compensation Plan ProceedsFromSaleOfCommonStockHeldByDeferredCompensationPlan	7184000
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-95411000
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	334800000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-89000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	73000
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	448000
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	521000
	us-gaap	Nature Of Operations NatureOfOperations	<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(1) SUMMARY OF ORGANIZATION AND NATURE OF BUSINESS </p> <p style="margin-bottom:9pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Range Resources Corporation (“Range,” “we,” “us,” or “our”) is a Fort Worth, Texas-based independent natural gas, natural gas liquids (“NGLs”) and oil company primarily 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 consistent growth in reserves and production on a cost-efficient basis. Range is a Delaware corporation with our common stock listed and traded on the New York Stock Exchange under the symbol “RRC.” </p></div>
	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-50955000
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-10500000
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-19194000
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	3492000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	450000
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	3437000
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	3090000
	rrc	Share Based Compensation Including Deferred Amounts ShareBasedCompensationIncludingDeferredAmounts	71718000
	rrc	Share Based Compensation Including Deferred Amounts ShareBasedCompensationIncludingDeferredAmounts	19792000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-73695000
CY2015	us-gaap	Stock Issued During Period Shares Treasury Stock Reissued StockIssuedDuringPeriodSharesTreasuryStockReissued	23671
CY2016Q2	us-gaap	Interest And Dividend Income Securities Trading Or Measured At Fair Value InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue	181000
CY2015Q2	us-gaap	Interest And Dividend Income Securities Trading Or Measured At Fair Value InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue	139000
	us-gaap	Interest And Dividend Income Securities Trading Or Measured At Fair Value InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue	317000
	us-gaap	Interest And Dividend Income Securities Trading Or Measured At Fair Value InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue	248000
CY2016Q2	us-gaap	Trading Securities Unrealized Holding Gain Loss TradingSecuritiesUnrealizedHoldingGainLoss	1200000
CY2015Q2	us-gaap	Trading Securities Unrealized Holding Gain Loss TradingSecuritiesUnrealizedHoldingGainLoss	-576000
	us-gaap	Trading Securities Unrealized Holding Gain Loss TradingSecuritiesUnrealizedHoldingGainLoss	1400000
	us-gaap	Trading Securities Unrealized Holding Gain Loss TradingSecuritiesUnrealizedHoldingGainLoss	832000
	rrc	Merger Agreement Description MergerAgreementDescription	On May 15, 2016, Range and Memorial Resource Development Corp. (“Memorial”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) which provides for the Merger of Memorial and Range. Pursuant to the terms of the Merger Agreement, a wholly-owned subsidiary of Range will merge with and into Memorial, with Memorial surviving as a wholly-owned subsidiary of Range (the “Merger”). In order to complete the Merger, among other conditions, Range stockholders must approve the issuance of Range common stock to Memorial stockholders in connection with the Merger and Memorial stockholders must approve and adopt the Merger Agreement and the transactions contemplated by the Merger Agreement.
	rrc	Merger Agreement Date MergerAgreementDate	2016-05-15
CY2016Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.365
CY2015Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.343
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.354
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.303
CY2016Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2015Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2016Q2	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	56000
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-224992000
CY2016Q2	us-gaap	Amount Of Dilutive Securities Stock Options And Restrictive Stock Units AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits	0
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-224992000
CY2016Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0
CY2016Q2	us-gaap	Capitalized Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear	0
CY2015Q4	us-gaap	Capitalized Exploratory Well Costs CapitalizedExploratoryWellCosts	4161000
CY2014Q4	us-gaap	Capitalized Exploratory Well Costs CapitalizedExploratoryWellCosts	2996000
	us-gaap	Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves	1556000
CY2015	us-gaap	Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves	1165000
	us-gaap	Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves	5717000
CY2015Q4	us-gaap	Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess	1165000
CY2015Q4	us-gaap	Capitalized Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear	2996000
CY2015Q4	us-gaap	Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear	1
CY2015	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	0
CY2016Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2566961000
CY2015Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2651303000
CY2015Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	264137000
	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	921000
	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	5700000
	rrc	Asset Retirement Obligation Disposition Of Wells AssetRetirementObligationDispositionOfWells	4731000
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	8172000
	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	2819000
CY2016Q2	us-gaap	Asset Retirement Obligation AssetRetirementObligation	265618000
CY2016Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	250547000
CY2016Q2	us-gaap	Capital Units Authorized CapitalUnitsAuthorized	485000000
CY2015Q4	us-gaap	Capital Units Authorized CapitalUnitsAuthorized	485000000
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	169316460
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	168628177
	rrc	Common Stock Issued As Result Of Stock Options Exercised CommonStockIssuedAsResultOfStockOptionsExercised	0
CY2015	rrc	Common Stock Issued As Result Of Stock Options Exercised CommonStockIssuedAsResultOfStockOptionsExercised	77002
	us-gaap	Stock Issued During Period Shares Restricted Stock Award Gross StockIssuedDuringPeriodSharesRestrictedStockAwardGross	459099
CY2015	us-gaap	Stock Issued During Period Shares Restricted Stock Award Gross StockIssuedDuringPeriodSharesRestrictedStockAwardGross	335103
	rrc	Stock Issued During Period Shares Restricted Stock Units Vested StockIssuedDuringPeriodSharesRestrictedStockUnitsVested	246564
CY2015	rrc	Stock Issued During Period Shares Restricted Stock Units Vested StockIssuedDuringPeriodSharesRestrictedStockUnitsVested	252507
	us-gaap	Stock Issued During Period Shares Treasury Stock Reissued StockIssuedDuringPeriodSharesTreasuryStockReissued	13772
CY2016Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	170035895
CY2016Q2	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	83612000
CY2016Q2	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	39549000
CY2016Q2	us-gaap	Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral	44063000
CY2016Q2	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	79441000
CY2016Q2	us-gaap	Derivative Liability Fair Value Gross Asset DerivativeLiabilityFairValueGrossAsset	39549000
CY2016Q2	us-gaap	Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral	39892000
CY2015Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	304350000
CY2015Q4	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	15588000
CY2015Q4	us-gaap	Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral	288762000
CY2015Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	16745000
CY2015Q4	us-gaap	Derivative Liability Fair Value Gross Asset DerivativeLiabilityFairValueGrossAsset	15588000
CY2015Q4	us-gaap	Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral	1157000
	rrc	Number Of Financial Institutions Included In Counterparties NumberOfFinancialInstitutionsIncludedInCounterparties	21
	rrc	Number Of Counter Parties Not Included In Bank Credit Facility NumberOfCounterPartiesNotIncludedInBankCreditFacility	5
CY2016Q2	rrc	Value Of Net Derivative Asset From Counterparties Not In Credit Facility ValueOfNetDerivativeAssetFromCounterpartiesNotInCreditFacility	1900000
	rrc	Number Of Active Stock Based Plans NumberOfActiveStockBasedPlans	1
CY2016Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	16888000
CY2015Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	18411000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	29795000
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	32902000
	rrc	Deferred Compensation Arrangement With Individual Vesting Period DeferredCompensationArrangementWithIndividualVestingPeriod	P3Y
CY2016Q2	rrc	Shares Held In Rabbi Trust SharesHeldInRabbiTrust	2800000
CY2015Q4	rrc	Shares Held In Rabbi Trust SharesHeldInRabbiTrust	2800000
CY2016Q2	rrc	Vested Shares Held In Rabbi Trust VestedSharesHeldInRabbiTrust	2300000
CY2015Q4	rrc	Vested Shares Held In Rabbi Trust VestedSharesHeldInRabbiTrust	2500000
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-101000
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0
	us-gaap	Interest Paid Net InterestPaidNet	69991000
	us-gaap	Interest Paid Net InterestPaidNet	73189000
	us-gaap	Costs Incurred Asset Retirement Obligation Incurred CostsIncurredAssetRetirementObligationIncurred	3740000
	us-gaap	Costs Incurred Asset Retirement Obligation Incurred CostsIncurredAssetRetirementObligationIncurred	18684000
	rrc	Change In Accrued Capital Expenditures ChangeInAccruedCapitalExpenditures	-4741000
	rrc	Change In Accrued Capital Expenditures ChangeInAccruedCapitalExpenditures	-156897000
CY2016Q2	rrc	Change In Transportation Commitments Future Minimum Transportation Fees Due ChangeInTransportationCommitmentsFutureMinimumTransportationFeesDue	1502349000
	rrc	Number Of Terms Transportation Commitments Future Minimum Transportation Fees Due During Period NumberOfTermsTransportationCommitmentsFutureMinimumTransportationFeesDueDuringPeriod	P16Y
CY2016Q2	rrc	Change In Transportation Commitments Future Minimum Transportation Fees Due Current ChangeInTransportationCommitmentsFutureMinimumTransportationFeesDueCurrent	47668000
CY2016Q2	rrc	Change In Transportation Commitments Future Minimum Transportation Fees Due In Year Two ChangeInTransportationCommitmentsFutureMinimumTransportationFeesDueInYearTwo	102729000
CY2016Q2	rrc	Change In Transportation Commitments Future Minimum Transportation Fees Due In Year Three ChangeInTransportationCommitmentsFutureMinimumTransportationFeesDueInYearThree	103345000
CY2016Q2	rrc	Change In Transportation Commitments Future Minimum Transportation Fees Due In Year Four ChangeInTransportationCommitmentsFutureMinimumTransportationFeesDueInYearFour	103905000
CY2016Q2	rrc	Change In Transportation Commitments Future Minimum Transportation Fees Due In Year Five ChangeInTransportationCommitmentsFutureMinimumTransportationFeesDueInYearFive	104627000
CY2016Q2	rrc	Change In Transportation Commitments Future Minimum Transportation Fees Due Thereafter ChangeInTransportationCommitmentsFutureMinimumTransportationFeesDueThereafter	1040075000
CY2014Q4	us-gaap	Restructuring Charges RestructuringCharges	8400000
CY2015	rrc	Building Lease Costs For Restructuring BuildingLeaseCostsForRestructuring	3200000
	us-gaap	Business Exit Costs1 BusinessExitCosts1	1414000
	rrc	Building Lease Costs For Restructuring BuildingLeaseCostsForRestructuring	167000
	rrc	Building Lease Costs For Restructuring BuildingLeaseCostsForRestructuring	3232000
	rrc	Share Based Compensation Expense Benefit Associated With Restructuring Cost ShareBasedCompensationExpenseBenefitAssociatedWithRestructuringCost	1721000
CY2015Q4	us-gaap	Restructuring Reserve RestructuringReserve	11630000
	rrc	Building Lease Accrued Liability For Restructuring BuildingLeaseAccruedLiabilityForRestructuring	167000
	us-gaap	Payments For Restructuring PaymentsForRestructuring	7901000
CY2016Q2	us-gaap	Restructuring Reserve RestructuringReserve	3896000
CY2016Q2	us-gaap	Proved Oil And Gas Property Successful Effort Method ProvedOilAndGasPropertySuccessfulEffortMethod	8074869000
CY2015Q4	us-gaap	Proved Oil And Gas Property Successful Effort Method ProvedOilAndGasPropertySuccessfulEffortMethod	8047181000
CY2016Q2	us-gaap	Unproved Oil And Gas Property Successful Effort Method UnprovedOilAndGasPropertySuccessfulEffortMethod	930142000
CY2015Q4	us-gaap	Unproved Oil And Gas Property Successful Effort Method UnprovedOilAndGasPropertySuccessfulEffortMethod	949155000
	us-gaap	Costs Incurred Acquisition Of Oil And Gas Properties CostsIncurredAcquisitionOfOilAndGasProperties	8873000
CY2015	us-gaap	Costs Incurred Acquisition Of Oil And Gas Properties CostsIncurredAcquisitionOfOilAndGasProperties	73025000
	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	219386000
CY2015	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	708268000
	us-gaap	Exploration Costs ExplorationCosts	30914000
CY2015	us-gaap	Exploration Costs ExplorationCosts	87505000
	rrc	Cost Incurred Transportation And Field Equipment Costs CostIncurredTransportationAndFieldEquipmentCosts	1054000
CY2015	rrc	Cost Incurred Transportation And Field Equipment Costs CostIncurredTransportationAndFieldEquipmentCosts	13337000
	rrc	Cost Incurred Of Oil And Gas Properties CostIncurredOfOilAndGasProperties	271925000
CY2015	rrc	Cost Incurred Of Oil And Gas Properties CostIncurredOfOilAndGasProperties	903541000
CY2015	us-gaap	Costs Incurred Asset Retirement Obligation Incurred CostsIncurredAssetRetirementObligationIncurred	22184000
	us-gaap	Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities	275665000
CY2015	us-gaap	Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities	925725000

Files In Submission

Name	View Source	Status
0001564590-16-021544-index-headers.html	Edgar Link	pending
0001564590-16-021544-index.html	Edgar Link	pending
0001564590-16-021544.txt	Edgar Link	pending
0001564590-16-021544-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
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report.css	Edgar Link	pending
rrc-10q_20160630.htm	Edgar Link	pending
rrc-20160630.xml	Edgar Link	completed
rrc-20160630.xsd	Edgar Link	pending
rrc-20160630_cal.xml	Edgar Link	unprocessable
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rrc-ex311_446.htm	Edgar Link	pending
rrc-ex312_447.htm	Edgar Link	pending
rrc-ex321_448.htm	Edgar Link	pending
rrc-ex322_449.htm	Edgar Link	pending
Show.js	Edgar Link	pending

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$RRC
Range Resources Corp Stock $rrc

2016 Q2 Form 10-Q Financial Statement

#000156459016021544 Filed on July 26, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

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$RRC Range Resources Corp Stock $rrc

2016 Q2 Form 10-Q Financial Statement

#000156459016021544 Filed on July 26, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RRC
Range Resources Corp Stock $rrc