16 Nov 2016quarterly activities report▼ Bad
RANGE RESOURCES CORP reported quarterly revenue of $253.5 million and a net loss of $160.7 million for the period ended 2016-12-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
9 Nov 2016substantial holder notice● Neutral
BlackRock, Inc reported a RANGE RESOURCES CORP shareholding of 12,318,159 shares (4.90% of votes) in a periodic institutional filing.
8 Nov 2016director interest notice● Neutral
RANGE RESOURCES CORP Sr. Vice President John Kiel Applegath acquired 20,000 shares at $33.62 under a company stock plan.
3 Nov 2016director interest notice● Neutral
Sailingstone Capital Partners LLC became a RANGE RESOURCES CORP company insider (initial ownership filing).
1 Nov 2016director interest notice● Neutral
RANGE RESOURCES CORP Exec VP and CFO Roger S Manny disposed of 1,248 shares via option/appreciation-right settlement.
26 Oct 2016quarterly activities report▼ Bad
RANGE RESOURCES CORP reported quarterly revenue of $413.2 million and a net loss of $42.0 million for the period ended 2016-09-30.
25 Oct 2016quarterly activities report▼ Bad
RANGE RESOURCES CORP reported quarterly revenue of $413.2 million and a net loss of $42.0 million for the period ended 2016-09-30.
11 Oct 2016director interest notice● Neutral
Robert A Innamorati became a RANGE RESOURCES CORP director and company insider (initial ownership filing).
30 Sept 2016director interest notice● Neutral
Sailingstone Capital Partners LLC became a RANGE RESOURCES CORP company insider (initial ownership filing).
27 Sept 2016director interest notice● Neutral
RANGE RESOURCES CORP director Gregory Gene Maxwell bought 1,000 shares on the open market at $37.00.
19 Sept 2016asset acquisition disposition▲ GoodMajor
Range completed its merger with Memorial Resource Development on September 16, 2016, issuing 77,042,749 new shares to former MRD holders after 99%-plus shareholder approval; MRD's credit facility was terminated and MRD director Robert Innamorati joined Range's now ten-member board.
19 Sept 2016director interest notice● Neutral
RANGE RESOURCES CORP EVP and COO Ray N Walker Jr. sold 13,350 shares.
19 Sept 2016director interest notice● Neutral
Robert A Innamorati became a RANGE RESOURCES CORP director and company insider (initial ownership filing).
19 Sept 2016director interest notice● Neutral
RANGE RESOURCES CORP director Robert A Innamorati acquired 4,435 shares at $37.38 under a company stock plan.
25 Aug 2016material agreement● Neutral
Range executed supplemental indentures stripping restrictive covenants from its 2021 and 2022 subordinated notes, implementing the noteholder consents obtained in its August tender/exchange offers.
17 Aug 2016business combination● Neutral
Range announced early tender results for its Memorial Resource Development-related note exchange and cash tender offers, another step toward closing the merger.
10 Aug 2016securities registration● Neutral
RANGE RESOURCES CORP filed the final prospectus for a registered offering.
8 Aug 2016substantial holder notice● Neutral
SailingStone Capital Partners LLC, SailingStone Holdings LLC, MacKenzie B. Davis, Kenneth L. Settles Jr reported a RANGE RESOURCES CORP shareholding of 18,325,975 shares (10.77% of votes) in a periodic institutional filing.
8 Aug 2016material agreement● NeutralMajor
Range settled with activist investor SailingStone Capital Partners via a Voting Support and Nomination Agreement: the two sides would jointly pick a new independent director with an oil-and-gas engineering background, Range would adopt a shareholder engagement policy, and add new performance criteria to its incentive-pay program.
3 Aug 2016business combination● Neutral
Ahead of closing the Memorial Resource Development merger, Range launched tender and exchange offers for MRD's 5.875% notes due 2022 and its own senior subordinated notes, consolidating the combined company's debt structure.
29 July 2016business combination● Neutral
Amendment No. 2 fixed 10 August 2016 as the record date for both meetings and set out the debt side of the deal: Memorial's 5.875% notes due 2022 and three series of Range senior subordinated notes are to be exchanged for new Range senior notes at the same maturities and rates, at a cost of about $9.3 million drawn on the revolver -- $3.4 million of deferred financing costs and $5.8 million charged straight to interest.
26 July 2016quarterly activities report▼ Bad
RANGE RESOURCES CORP reported quarterly revenue of $101.8 million and a net loss of $224.9 million for the period ended 2016-06-30.
26 July 2016quarterly activities report▼ Bad
RANGE RESOURCES CORP reported quarterly revenue of $101.8 million and a net loss of $224.9 million for the period ended 2016-06-30.
18 July 2016business combination● Neutral
A further update on the pending Memorial Resource Development merger as the amended S-4 continued through SEC review.
15 July 2016business combination▼ BadMajor
Amendment No. 1 added a litigation section -- a Memorial shareholder filed a class action against the company and its board over the merger on 11 July 2016 -- and a risk factor about what happens to the stock afterwards: MRD Holdco, three related private equity funds, holds about 36% of Memorial and intends to distribute roughly 26% of Memorial's shares to some 500 limited partners after the vote but before completion, with no lock-up on the Range shares they receive.
1 July 2016director interest notice● Neutral
RANGE RESOURCES CORP EVP and COO Ray N Walker Jr. disposed of 33,847 shares via option/appreciation-right settlement.
1 July 2016director interest notice● Neutral
RANGE RESOURCES CORP Sr. VP & General Counsel David P Poole disposed of 11,486 shares via option/appreciation-right settlement.
29 June 2016business combination● Neutral
As required by the merger agreement, Range's board formally voted to add MRD director Robert A. Innamorati to its own board, effective once the Memorial Resource Development merger closes, expanding the board to ten members.
23 June 2016director interest notice● Neutral
RANGE RESOURCES CORP director Anthony V Dub sold 5,106 shares.
20 June 2016substantial holder notice● Neutral
SailingStone Capital Partners LLC, SailingStone Holdings LLC, MacKenzie B. Davis, Kenneth L. Settles Jr disclosed a new substantial RANGE RESOURCES CORP shareholding (10.84% of votes).