0000315852false00003158522024-08-202024-08-20

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 22, 2024 (August 20, 2024)

RANGE RESOURCES CORPORATION

(Exact name of Registrant as Specified in Its Charter)

Delaware

001-12209

34-1312571

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

 

 

100 Throckmorton Street, Suite 1200

Fort Worth, Texas

76102

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (817) 870-2601

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange on which registered

Common Stock, $0.01 par value

RRC

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 20, 2024, Steven D. Gray notified Range Resources Corporation (the “Company”) of his intention to retire from the Company’s Board of Directors effective on October 1, 2024, due to personal reasons. Mr. Gray also indicated his intention to retire from the Compensation Committee and ESG & Safety Committee on that date. Mr. Gray’s retirement was not due to any disagreement with the Company, other members of the Board of Directors, or management with respect to any matter, including the Company’s operations, policies or practices. The Company thanks Mr. Gray for his service.

ITEM 9.01 Financial Statements and Exhibits

(d) Exhibits:

99.1 Press Release dated August 22, 2024

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

2

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

RANGE RESOURCES CORPORATION

 

By:

/s/ ERIN W. MCDOWELL

 

Erin W. McDowell

 

Senior Vice President – General Counsel & Corporate Secretary

Date: August 22, 2024

 

 

 

 

3

Exhibit 99.1

NEWS RELEASE

Range Announces Retirement of Steve Gray from the Board of Directors

 

FORT WORTH, TEXAS, August 22, 2024 -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that Steve Gray will retire from his position on Range’s Board of Directors, effective October 1, 2024.

 

Range Chairman, Greg Maxwell stated, “We want to express our gratitude to Steve for his dedicated service to Range. Since joining our Board in 2018, Steve has shared his wisdom, industry experience and expertise, helping Range to become a more resilient and efficient Marcellus operator capable of generating free cash flow and returns of capital through price cycles. We wish Steve and his family the best in his retirement.”

 

Steve Gray commented, “During my time on the Range Board, I have seen the Company navigate through tough times, volatile commodity prices, and a pandemic, yet emerge as a stronger company. I am proud of how the Range team has managed the business through those challenges by improving the balance sheet, consistently performing at a high level and returning capital to shareholders. It is fulfilling to know that Range is in the best shape in Company history with an inventory of de-risked, high-quality wells capable of returning significant value to shareholders for decades.”

 

RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas and NGL producer with operations focused in the Appalachian Basin. The Company is headquartered in Fort Worth, Texas. More information about Range can be found at www.rangeresources.com.

 

 

Range Investor Contact:

 

Laith Sando, Vice President – Investor Relations
817-869-4267
lsando@rangeresources.com

 

Range Media Contact:

 

Mark Windle, Director of Corporate Communications

724-873-3223

mwindle@rangeresources.com

 

 

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