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Range Resources RRC Payments to Acquire Oil and Gas Property and Equipment

Payments to Acquire Oil and Gas Property and Equipment at other companies

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$1.49B+8.0%

Other financials

Income statement

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Revenue$1.0B+49.8%
Gross profit$976.0M+54.4%
Net income$341.6M+252%
EPS (diluted)$1.44+260%

Balance sheet

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Cash & equivalents$247.0K-99.9%
Total debt$159.9M-77.5%
Total equity$4.6B+16.8%
Total assets$7.4B+0.3%

Cash flow

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Operating cash flow$619.1M+87.6%

Valuation

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Market cap$8.57B+10.4%
Enterprise value$8.73B+7.9%
P/E9.5×-19.1×
P/S2.5×-0.7×

Profitability

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Gross margin94.6%+1.4pp
Net margin26.1%+15.1pp
FCF margin25.6%

Returns & leverage

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Return on equity21.1%+14.1pp
Debt / equity-0.1×
Current ratio0.6×0.0×

Where this comes from

Reported directly by Range Resources in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireOilAndGasPropertyAndEquipment.

The official record: Range Resources’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Range Resources's payments to acquire oil and gas property and equipment?
Range Resources (RRC) reported payments to acquire oil and gas property and equipment of $158.31M in Q1 2026.
How has Range Resources's payments to acquire oil and gas property and equipment changed year-over-year?
Range Resources's payments to acquire oil and gas property and equipment increased by 19.3% year-over-year, from $132.68M to $158.31M.
What is the long-term trend for Range Resources's payments to acquire oil and gas property and equipment?
Over 4 years (2021 to 2025), Range Resources's payments to acquire oil and gas property and equipment has grown at a 10.3% compound annual growth rate (CAGR), from $393.48M to $581.49M.
What does payments to acquire oil and gas property and equipment mean?
Cash spent on developing and maintaining oil and gas drilling projects.
How do you interpret payments to acquire oil and gas property and equipment?
High spending indicates aggressive growth or maintenance of production, while low spending may signal a focus on capital discipline or harvesting cash flow.
How does payments to acquire oil and gas property and equipment compare across companies?
The most critical capital allocation metric for E&P companies; peers are evaluated on the efficiency of this spend relative to production output.