RANGE RESOURCES CORPORATION (NYSE:RRC) Files An 8-K Completion of Acquisition or Disposition of AssetsITEM 2.01 Results of Operations and Financial Condition
This Amendment No.1 is being filed to replace the cash flow from operating activities table furnished with the Current Report on Form 8-K (File No. 001-12209) filed by Range Resources Corporation (“Range’) on February 23, 2017 (“Initial 8-K’). Range furnished a press release announcing its financial and operating results for the quarter and the year ended December 31, 2016 as Exhibit 99.1 to the Initial 8-K. The revised table adds a clarification footnote to fourth quarter 2016 net loss and deferred tax benefit. The clarification footnote describes the statement of operations impact of retrospectively adopting Accounting Standards 2016-09 in fourth quarter 2016. The year ended December 31, 2016 amounts were not affected. The revised table is furnished as Exhibit 99.1 and is incorporated herein by reference.
The information in this current report on Form 8-K/A, including Exhibit 99.1 is “furnished”, not “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, before or after this date and regardless of any general incorporation language in the filing, unless explicitly incorporated by reference in such filing.
ITEM 9.01 Financial Statements and Exhibits
99.1 Revised table for cash flow from operating activities table to Range’s press release dated February 22, 2017.
About RANGE RESOURCES CORPORATION (NYSE:RRC)
Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and oil company. The Company operates through the exploration and production of natural gas, NGLs and oil in the United States segment. The Company is engaged in the exploration, development and acquisition of natural gas and oil properties, focused in the Appalachian region of the United States. The Company’s natural gas and oil operations are concentrated in the Appalachian region of the United States, primarily in the Marcellus Shale in Pennsylvania. Its reserves also include the Utica/Point Pleasant, Medina and Upper Devonian formations, which principally produce at depths ranging from 3,500 feet to 11,500 feet. Its other operations include drilling, production and field operations in the Texas Panhandle, as well as in the Anadarko Basin of western Oklahoma, the Nemaha Uplift of Northern Oklahoma and Kansas, the Permian Basin of West Texas and Mississippi. RANGE RESOURCES CORPORATION (NYSE:RRC) Recent Trading Information
RANGE RESOURCES CORPORATION (NYSE:RRC) closed its last trading session down -0.99 at 28.94 with 9,226,936 shares trading hands.