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Range Resources RRC Exploration Abandonment And Impairment Expense

Exploration Abandonment And Impairment Expense at other companies

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Other financials

Income statement

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Revenue$833.6M-2.7%
Gross profit$774.2M-5.7%
Net income$195.3M-17.8%
EPS (diluted)$0.83-16.2%

Balance sheet

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Cash & equivalents$247.0K+84.3%
Total debt$149.5M-13.3%
Total equity$4.7B+14.1%
Total assets$7.6B+6.4%

Cash flow

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Operating cash flow$235.0M-30.1%

Valuation

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Market cap$9.01B+8.0%
Enterprise value$9.16B+7.5%
P/E10.5×-6.9×
P/S2.6×-0.4×

Profitability

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Gross margin93.9%-0.1pp
Net margin25%+7.8pp
FCF margin25.6%

Returns & leverage

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Return on equity19.5%+7.5pp
Debt / equity0.0×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by Range Resources in its filing.

Tagged under the XBRL concept us-gaap:ExplorationAbandonmentAndImpairmentExpense.

The source filing: Range Resources’s 10-Q, filed July 21, 2026.

Filed
Jul 21, 2026, 4:45 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-310446
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Taxes other than income6,9267,83512,74914,822
Brokered natural gas, NGLs and marketing59,33734,985117,46093,186
Exploration6,4987,92812,52814,319
Abandonment and impairment of unproved properties4,5616,7818,45811,355
General and administrative47,70742,14693,05883,837
Exit costs9,5698,50216,51917,399
Deferred compensation plan(1,756)(88)7872,791
Interest14,41726,79633,83655,957

ITEM 1. Financial Statements

FAQ

What is Range Resources's exploration abandonment and impairment expense?
Range Resources (RRC) reported exploration abandonment and impairment expense of $4.56M in Q2 2026.
How has Range Resources's exploration abandonment and impairment expense changed year-over-year?
Range Resources's exploration abandonment and impairment expense decreased by 32.7% year-over-year, from $6.78M to $4.56M.
What is the long-term trend for Range Resources's exploration abandonment and impairment expense?
Over 4 years (2021 to 2025), Range Resources's exploration abandonment and impairment expense has grown at a 41.6% compound annual growth rate (CAGR), from $7.21M to $28.94M.
What does exploration abandonment and impairment expense mean?
This represents non-cash charges related to the write-down of asset values or the abandonment of exploration projects that are no longer deemed economically viable. It reflects the risk and uncertainty inherent in resource exploration and development.

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