Range resources corporation (RRC)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09
Operating activities:
Net income

144,975

-1,805,320

-27,581

115,185

1,419

-1,764,422

48,539

-79,836

49,238

221,185

-127,700

69,550

170,111

-160,709

-41,971

-224,936

-93,772

-321,827

-300,948

-118,594

27,684

284,054

146,418

171,389

32,521

28,171

19,178

143,983

-75,610

52,962

-53,836

55,676

-41,800

-2,989

34,755

51,293

-25,033

-317,719

-8,168

9,052

77,579

-16,777

-29,818

-39,883

32,608

Adjustments to reconcile net income to net cash provided from operating activities:
Gain from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-164

1,569

5,517

8,398

-308,412

-10,821

-8,594

-127

-

-

-

-

Loss from equity method investments, net of distributions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

-364

-2,732

1,799

-378

2,162

-610

-3,418

41

-2,042

-251

1,906

-3,675

-2,397

-12,705

9,196

-845

636

-1,621

-145

-1,022

-6,445

919

Deferred income tax expense

50,581

-500,927

-51,298

40,099

5,688

-68,784

24,137

-28,518

42,676

-349,097

-71,992

57,651

112,395

-95,679

-13,705

-129,488

-41,976

-164,316

-134,781

-61,975

22,366

166,052

93,522

117,977

18,951

-28,180

11,866

97,519

-47,205

31,742

-29,074

39,007

-27,843

-425

22,547

32,695

-19,897

-9,823

794

11,763

49,012

65,313

-14,566

-23,145

18,827

Depletion, depreciation and amortization and impairment of proved properties

179,986

1,226,503

137,751

141,505

138,718

147,909

164,266

176,328

169,578

162,918

223,428

152,504

149,821

149,662

131,489

122,390

163,601

215,918

656,226

151,895

147,290

149,572

142,450

158,352

128,682

126,958

137,355

120,736

115,101

147,489

124,340

108,802

100,151

97,092

132,300

78,294

72,216

72,888

69,729

67,814

71,312

-2,163

97,208

88,713

84,320

Exploration dry hole costs

-

-

-

-

-

-

2

0

2

-

9,005

161

0

-

-

-

-

1

-19

3

103

16,144

0

0

1

1,795

3,745

0

159

9

1,649

-108

-709

1,372

2,510

-4

10

-

-

-

-

1,817

211

8

123

Mark-to-market on natural gas, NGLs and oil derivatives not designated as hedges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-53,645

31,665

52,056

-

58,990

48,139

-40,036

-25,971

-18,284

-4,409

46,578

-32,516

-53,323

1,455

-31,525

Abandonment and impairment of unproved properties

5,413

1,193,711

16,202

12,770

12,659

441,750

6,549

54,922

11,773

217,519

42,568

5,193

4,420

6,307

6,082

7,059

10,628

11,432

12,366

12,330

11,491

14,308

13,444

9,332

9,995

5,852

11,692

19,156

15,218

21,230

40,118

43,641

20,289

27,639

16,627

18,900

16,537

19,025

14,435

9,727

6,551

-47,644

24,053

40,954

19,572

Derivative fair value (income) loss

233,175

18,491

74,676

195,245

-61,731

100,698

-34,591

-103,290

-14,009

25,024

-88,426

111,195

165,557

-250,057

64,556

-162,798

86,908

126,312

202,004

-34,791

122,839

412,422

142,057

-24,109

-146,850

-59,355

-40,355

137,760

-99,875

46,498

-4,707

594

-948

37,556

-3,971

5,934

568

-13

2,389

260

-249

-1,213

-386

-550

453

Cash settlements on derivative financial instruments

-99,929

-50,035

-80,008

-33,507

-24,834

91,250

34,922

14,275

-8,925

2,945

-16,856

-3,387

4,181

-86,679

-53,113

-98,078

-109,466

-171,477

-137,929

-125,226

-97,490

-71,225

-16,903

26,178

104,584

2,921

6,951

21,766

-382

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for bad debt

400

4,441

-141

0

0

-

-

-

-

-

-

-

-

0

350

250

200

1,700

350

0

250

-

-

-

-

-

-

-

-

-

-

-

-

500

850

284

-688

-

-

-

-

-

-

-

-

Amortization of deferred financing costs and other

1,657

1,593

1,619

1,436

1,807

-1,648

1,787

1,064

1,312

1,261

1,627

1,247

1,310

1,787

1,946

1,730

1,707

1,811

24,482

1,732

1,358

-6,736

1,618

26,939

2,873

4,131

3,073

14,582

2,080

17,195

2,077

2,045

1,848

1,705

2,075

21,756

-78

1,180

6,525

1,200

1,167

2,314

4,108

1,283

1,050

Deferred and stock-based compensation

476

10,481

683

-385

14,112

-11,495

7,085

15,640

18,527

26,769

1,985

990

962

1,996

971

42,590

29,128

-9,732

-30,471

10,574

9,218

-19,781

-32,426

35,319

12,593

45,211

10,862

8,334

54,991

1,563

32,232

23,833

2,508

20,220

18,598

7,511

40,650

24,651

4,447

-1,411

7,277

14,558

26,050

11,630

21,164

(Gain) loss on the sale of assets

122,100

444

-36,400

5,889

-189

-10,815

-30

156

23

191

102

807

22,600

470

-2,597

-3,304

-1,643

-408,909

-681

2,909

-175

3,760

167

282,064

-353

3,162

6,008

83,287

-166

61,836

949

-3,227

-10,426

3,539

203

-1,622

139

-1,514

67

10,176

67,913

10,374

1,982

-1,939

-4

Gain on early extinguishment of debt

12,923

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in working capital:
Accounts receivable

-84,345

27,318

-40,086

-67,422

-134,006

92,668

35,288

68,338

-53,913

63,172

26,084

8,920

4,690

52,571

9,970

-23,203

-18,752

14,744

-5,753

-19,260

-54,435

18,427

-11,823

-42,918

41,643

27,720

-8,651

3,435

-1,292

28,538

21,090

336

-11,947

3,433

24,357

-529

10,528

4,777

9,796

50

-8,111

24,977

8,080

-91,849

45,396

Inventory and other

4,432

-8,544

-1,011

272

4,763

-960

1,618

-6,090

5,294

1,475

5,220

-848

-2,868

-6,996

11,276

-5,167

-5,333

7,795

3,324

2,677

1,072

-814

-1,537

1,514

5,358

-526

-1,714

-1,379

-166

1,982

2,570

1,927

897

10

1,894

805

-3,574

-2,074

2,745

-1,038

700

656

-1,347

3,876

-1,722

Accounts payable

18,660

-7,729

-23,513

1,299

-30,431

2,255

-21,144

-32,838

47,453

1,197

26,289

-5,958

24,384

14,009

-22,074

-31,116

11,922

-13,039

-16,650

-3,606

7,098

12,332

-33,470

10,118

9,997

15,679

-18,853

-27,442

17,061

2,580

32,996

-30,884

8,962

8,000

-12,277

2,713

2,302

-9,498

-1,494

-3,593

17,452

22,311

4,932

-33,909

-38,099

Accrued liabilities and other

-89,287

-304

-29,592

-26,632

-99,275

101,572

35,168

43,070

-41,517

26,262

9,368

20,515

-43,381

-26,849

-362

1,387

-38,939

22,359

-4,172

-6,546

-44,409

66,041

-6,180

-27,009

-32,742

16,776

5,602

-51,447

17,281

-22,884

-4,393

18,106

16,422

-14,736

2,298

9,146

-1,491

-6,238

18,180

-5,040

-8,998

-21,358

17,140

5,204

-3,921

Net cash provided from operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,636

82,416

90,785

175,842

145,418

159,504

210,638

319,415

213,415

260,302

181,221

240,672

222,977

78,640

201,249

-

-

-

-

181,333

140,916

166,741

121,210

104,124

121,062

92,431

116,269

-

-

-

-

Net cash provided from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,959

-2,076

2,142

19,412

10,330

17,369

15,132

36,605

-

-

-

-

Net cash provided from operating activities

124,506

132,412

103,915

184,822

260,694

215,743

229,432

174,943

370,572

215,722

189,204

185,466

225,862

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

178,177

126,969

155,977

183,292

138,840

168,883

140,622

114,454

138,431

107,563

152,874

147,907

175,334

119,273

149,161

Investing activities:
Additions to natural gas and oil properties

129,962

136,922

169,637

190,704

190,014

179,362

197,122

275,791

308,641

377,546

301,423

282,917

186,727

126,806

98,337

134,094

107,015

129,417

230,061

313,386

357,780

333,134

320,931

320,023

226,331

251,439

315,121

333,091

259,601

347,461

369,593

404,631

376,943

339,760

323,009

286,010

250,766

192,328

218,137

168,424

153,971

-69,047

149,377

116,776

159,223

Additions to field service assets

896

359

106

121

576

247

-633

1,624

239

1,023

1,721

1,401

1,565

1,510

238

673

631

1,563

1,304

902

672

2,371

4,373

2,035

3,084

1,599

2,293

962

1,071

1,706

1,530

-96

1,622

5,692

3,086

1,807

1,022

2,660

2,014

3,915

6,355

11,139

7,110

8,743

6,106

Acreage purchases

10,811

20,191

7,875

8,274

23,646

10,142

12,561

12,545

25,355

11,246

8,980

9,262

28,725

14,279

5,649

4,057

19,497

13,667

9,763

21,324

30,126

66,428

35,072

59,781

50,690

61,958

42,738

18,655

8,794

16,024

27,097

73,676

74,268

75,382

78,048

48,754

24,316

46,772

62,539

167,343

19,849

20,564

11,403

22,916

84,405

Additions to equity method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-301

6,648

-248

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

45

-

-

-

-

Equity method investments and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,408

2,511

-

1,914

0

1,885

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposal of assets

1,059

410

750,161

34,034

332

300,210

23,973

326

40

44,885

295

1,235

26,053

1,921

1,031

77,724

113,079

876,076

524

3,641

10,660

33,382

986

145,846

294

3,774

15,680

257,872

38,196

136,137

16,462

5,768

9,852

13,662

16,855

8,212

15,197

311

8,822

16,984

301,648

51,846

108

181,837

285

Purchases of marketable securities held by the deferred compensation plan

7,648

2,298

1,571

10,911

4,259

11,224

7,682

14,118

13,153

62,757

5,745

7,277

12,388

3,559

11,345

13,453

8,662

5,282

3,697

15,233

4,664

7,845

11,802

3,004

8,247

12,407

3,516

2,277

17,936

26,409

26,125

4,811

3,061

9,762

6,794

2,572

6,260

1,271

1,846

10,863

3,690

538

3,327

1,457

2,148

Proceeds from the sales of marketable securities held by the deferred compensation plan

8,393

661

3,118

12,022

6,204

11,879

11,852

13,531

11,928

60,423

7,399

11,125

10,231

2,135

14,903

15,164

7,833

1,075

3,176

20,070

4,922

2,878

11,863

4,033

9,310

11,326

3,033

10,026

6,316

36,599

17,895

1,407

2,183

11,958

1,832

3,063

3,557

4,629

1,647

10,683

2,613

2,924

1,174

731

1,250

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-92,455

-59,389

-14,893

727,222

-241,125

-327,209

-377,660

-373,518

-359,329

-236,372

-276,237

-312,303

-343,041

-87,087

-241,005

-

-

-

-

-404,976

-392,250

-327,868

-263,610

-

-

-

-

-

-

-

-

Net cash provided from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

848,942

-8,219

-34,952

-22,210

-14,738

-12,273

-

-

-

-

Net cash used in investing activities

-139,865

-158,699

574,090

-163,954

-211,959

111,114

-180,907

-290,221

-335,420

-347,264

-310,175

-288,497

-193,121

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-389,988

-475,847

-443,859

-404,976

-392,250

521,074

-271,829

-273,043

-296,277

-337,616

108,078

-88,706

-170,109

35,107

-250,099

Financing activities:
Borrowings on credit facilities

543,000

581,000

579,000

585,000

566,000

468,000

488,000

586,000

528,000

555,000

540,000

498,000

448,000

387,000

1,240,000

289,000

358,000

331,000

931,000

467,000

542,000

425,000

507,000

763,000

412,000

374,000

417,000

525,000

368,000

634,000

442,000

357,000

340,000

397,000

0

118,000

372,826

271,000

413,000

223,000

148,000

125,000

131,000

201,000

250,000

Repayments on credit facilities

463,000

432,000

1,146,000

585,000

614,000

791,000

536,000

454,000

557,000

430,000

408,000

390,000

484,000

442,000

306,000

317,000

422,000

1,223,000

308,000

1,015,000

353,000

351,000

338,000

877,000

318,000

301,000

299,000

263,000

1,060,000

356,000

216,000

122,000

527,000

210,000

0

598,000

166,826

162,000

723,000

102,000

118,000

199,000

136,000

605,000

136,000

Issuance of senior notes

550,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

750,000

0

0

0

600,000

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of senior or senior subordinated notes

580,099

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of senior notes

-

-

-

-

-

-

-

-

-

-

0

0

500

-

273,011

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

0

4,993

5,028

5,026

5,023

4,990

4,990

4,989

4,971

4,963

4,962

4,963

4,951

5,028

4,858

3,401

3,395

6,775

6,774

6,775

6,759

6,748

6,748

6,564

6,550

6,536

6,536

6,536

6,521

6,506

6,503

6,499

6,473

6,451

6,445

6,440

6,420

6,404

6,402

6,395

6,373

6,326

6,302

6,284

6,257

Treasury stock purchases

22,548

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

8,538

4,446

0

0

0

-

-

-

-

-

-

-

-

-39

6,257

0

124

0

227

12,229

1,700

-

-

-

-

0

124

226

12,098

-1

151

1,213

11,242

0

350

9,297

12,356

-

-

-

-

-

-

-

-

Issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

343

0

-1

808

1,266

34

31

51

503

-1

119

348

5,437

4,369

2,366

776

5,226

Taxes paid for shares withheld

1,554

13

28

182

3,161

40

122

362

2,659

12

894

198

5,879

49

203

236

3,361

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in cash overdrafts

-1,933

-1,003

-15,982

-15,980

7,218

90

1,665

-8,240

922

11,592

-5,251

-964

11,803

17,961

7,236

-436

-6,368

3,034

-4,202

-20,580

-15,341

15,676

-16,984

5,801

-1,122

906

5,859

11,303

-12,458

14,624

-19,096

-9,623

12,969

-11,713

18,504

2,714

-60,979

56,491

20,994

-8,223

-5,162

15,320

522

-25,486

-12,726

Proceeds from the sales of common stock held by the deferred compensation plan

13

0

154

339

174

1,187

2,864

5,014

635

18

334

1,131

3,017

2,717

72

8,899

1,414

360

754

5,291

1,893

257

904

6,217

8,586

4,354

2,836

1,059

12,432

6,245

11,555

7,665

1,168

1,021

5,081

3,505

3,292

438

248

3,667

893

1,152

2,366

3,698

-15

Purchases of common stock held by the deferred compensation plan and other treasury stock purchases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

192

-232

-728

713

Net cash provided from (used in) financing activities

15,341

26,479

-678,158

-20,849

-48,792

-326,669

-48,583

115,166

-35,073

131,461

120,980

103,006

-32,510

-39,361

59,979

-23,174

-75,834

-903,083

95,676

167,707

167,093

54,083

146,090

-23,884

94,914

71,724

120,035

8,537

39,698

32,989

211,804

226,138

410,688

169,892

16,455

-402,799

130,040

159,359

-6,934

110,397

24,795

-59,293

-6,518

-152,984

100,941

Decrease in cash and cash equivalents

-18

192

-153

19

-57

188

-58

-112

79

-81

9

-25

231

-228

160

-147

58

-19

-31

2

71

-20

176

46

-102

93

-29

90

-58

101

-7

-122,740

122,806

-51,792

-236,955

287,158

-1,167

770

-164,780

-119,656

285,747

-92

-1,293

1,396

3