SEC Filings

S-3ASR
RANGE RESOURCES CORP filed this Form S-3ASR on 08/09/2017
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Table of Contents

RATIO OF EARNINGS TO FIXED CHARGES

The following table sets forth our ratios of earnings to fixed charges for the periods shown. For this purpose, earnings represent the aggregate of fixed charges and pre-tax income from continuing operations adjusted for undistributed income or loss from equity method investments. Fixed charges represent interest expense, amortization of debt costs and the portion of rental expense representing the interest factor.

 

     For the six
months ended
June 30,

2017
     For the year ended
December 31,
 
        2016      2015      2014      2013      2012  

Ratio of earnings to fixed charges

     5.2x        *        *        7.0x        1.9x        1.2x  

 

* Earnings were inadequate to cover fixed charges for the year ended December 31, 2016 by $802.1 million and for the year ended December 31, 2015 by $1.0 billion

We did not have any preferred stock outstanding on which dividends were paid or payable during any of the periods presented. Therefore, the ratio of earnings to fixed charges and preferred stock dividends for the periods indicated equal the ratio of earnings to fixed charges for the same periods.

USE OF PROCEEDS

Unless we inform you otherwise in any accompanying prospectus supplement, we expect to use the net proceeds from the sale of the securities covered by this prospectus for general corporate purposes, which may include, but are not limited to, repayment or refinancing of borrowings, working capital, capital expenditures, investments and acquisitions. Pending such use, any net proceeds may be invested temporarily in short-term, interest-bearing, investment-grade securities and/or similar assets as we may determine.

 

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