Range Resources (RRC) risk factors, FY2025 10-K

Range Resources's FY2025 10-K, filed Feb 24, 2026, lists 16 risk factors in 4 groups. Against the prior year's 14: 4 new, 2 dropped, 5 substantially reworded.

Risk factors listed
164 groups
New this year
4vs 14 last year
Dropped
2since the prior 10-K
Substantially reworded
5of those kept
Section length
11k wordsItem 1A

What the changes say

  • Range Resources faces evolving risks around commodity price hedging, third-party midstream capacity constraints, and federal or state climate regulations.
  • Natural gas comprised 65% of proved reserves as of December 31, 2025, heightening exposure to price volatility.
  • The company achieved net-zero Scope 1 and 2 emissions in 2024 and maintained this in 2025.

What changed since the prior 10-K

New

  • New

    might not be able to obtain alternative financing or, if we are able to obtain such financing, we might not be able to obtain it on terms acceptable to us, which would negatively affect our ability to continue our business plan, make capital expenditures and finance our operations

    We might not be able to obtain alternative financing or acceptable terms, restricting our capital expenditures and business plan execution.

  • NewRisks related to our operations

    replace our current and future production, our revenues will decrease and our business, financial condition and results of operations may be adversely affected

    Reliance on third-party gathering, pipeline, and processing facilities could cause well shut-ins or delivery delays if capacity is unavailable.

  • NewRisks related to the industry in which we operate

    own internal goals to reduce GHG emissions to net zero Scope 1 and 2 GHG emissions by 2025, which we achieved in 2024 and maintained in 2025

    Potential bans on hydraulic fracturing or new federal leases, alongside GHG emission regulations, threaten our core reserves development.

  • NewRisks related to our common stock

    systems interconnect, how data is stored, how users interact with applications and what end user devices are utilized. This shift has resulted in additional cybersecurity risk

    Shifts in data storage, remote user devices, and system interconnects have increased our cybersecurity risks and compliance costs.

Dropped

  • Dropped

    related to our bank credit facility to the extent that one or more of our lenders experiences liquidity problems and is unable to provide necessary funding to us under our existing revolving line of credit

  • DroppedRisks related to the industry in which we operate

    performance rules and reporting obligations concerning drilling, completion and production operations; threatened or endangered species and waterway protection efforts; and climate related initiatives

Reworded

  • 70% rewrittenRisks related to our common stock

    threats from terrorist acts or other geopolitical events

    Added specific mention of terrorist acts and geopolitical events as threats to digital and production infrastructure.

  • 59% rewritten

    limit or prevent our ability to pay dividends and other restricted payments (as defined in our bank credit facility)

    Heading updated to specify limits on paying dividends and restricted payments under the bank credit facility.

  • 51% rewrittenRisks related to our operations

    repairs and remediation to resume operations

    Heading updated to focus on repairs and remediation required to resume operations following an incident.

  • 42% rewritten

    reducing the standardized measure of discounted future net cash flows relating to natural gas, NGLs and oil

    Heading updated to specify the reduction of the standardized measure of discounted future net cash flows.

  • 21% rewritten

    Economic risks related to our business

    Updated the natural gas proved reserves figure from approximately 64% as of December 31, 2024, to 65% as of December 31, 2025.

All 16 risk factors

Headings as the filing states them, in filing order.

Other

  1. 01Economic risks related to our business21% rewritten
  2. 02domestic (federal, state and local) and foreign governmental regulations, sanctions, tariffs and taxation, including further legislation requiring, subsidizing or providing tax benefits for the use of alternative energy sources and fuels
  3. 03reducing the standardized measure of discounted future net cash flows relating to natural gas, NGLs and oil42% rewritten
  4. 04limit or prevent our ability to pay dividends and other restricted payments (as defined in our bank credit facility)59% rewritten
  5. 05might not be able to obtain alternative financing or, if we are able to obtain such financing, we might not be able to obtain it on terms acceptable to us, which would negatively affect our ability to continue our business plan, make capital expenditures and finance our operationsNew
  6. 06an event materially impacts natural gas, NGLs or oil prices or the relationship between the hedged price index and the natural gas, NGLs or oil sales prices we receive

Risks related to our operations

  1. 07civil unrest or protest activities
  2. 08being able to run tools and other equipment consistently through the horizontal wellbore
  3. 09the ability to successfully clean out the wellbore after completion of the final fracture stimulation stage
  4. 10repairs and remediation to resume operations51% rewritten
  5. 11replace our current and future production, our revenues will decrease and our business, financial condition and results of operations may be adversely affectedNew

Risks related to the industry in which we operate

  1. 12own internal goals to reduce GHG emissions to net zero Scope 1 and 2 GHG emissions by 2025, which we achieved in 2024 and maintained in 2025New
  2. 13other adverse effects on our ability to develop our properties and expand production

Risks related to our common stock

  1. 14future sales of additional stock and changes in our capital structure
  2. 15threats from terrorist acts or other geopolitical events70% rewritten
  3. 16systems interconnect, how data is stored, how users interact with applications and what end user devices are utilized. This shift has resulted in additional cybersecurity riskNew

Other Range Resources 10-Ks

  • FY2024 10-K risk factors
    14 risks

    Volatility in natural gas, NGLs, and oil prices directly impacts cash flows and operational viability. Heavy reliance on credit facilities and debt obligations creates financial vulnerability. Environmental regulations and operational risks in horizontal drilling threaten production capacity.

    Filed Feb 25, 2025

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.