Range Resources RRC OK — Asset Impairment Charges
Discontinued — last reported Q1 '18
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Where this comes from
Reported directly by Range Resources in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
The official record: Range Resources’s 10-K, filed February 23, 2021, on SEC EDGAR. View the filing →
Questions, answered.
- What does OK — asset impairment charges mean?
- The amount of value written off from the company's oil and gas assets in a specific region due to a decline in their expected future economic benefit.
- How do you interpret OK — asset impairment charges?
- An increase indicates declining asset value or poor performance in the region, while a decrease suggests stable or improving asset valuations.
- How does OK — asset impairment charges compare across companies?
- Peers in the exploration and production sector report similar impairment charges under GAAP when reserve estimates or price forecasts drop significantly.