Range Resources (RRC)

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92.91 +2.18  +2.40% NYSE Apr 17, 8:00PM BATS Real time Currency in USD

Range Resources Net PP&E (Quarterly):

6.791B for Dec. 31, 2013

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Range Resources Net PP&E (Quarterly) Chart

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Range Resources Historical Net PP&E (Quarterly) Data

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Data for this Date Range  
Dec. 31, 2013 6.791B
Sept. 30, 2013 6.542B
June 30, 2013 6.370B
March 31, 2013 6.222B
Dec. 31, 2012 6.138B
Sept. 30, 2012 6.102B
June 30, 2012 5.818B
March 31, 2012 5.490B
Dec. 31, 2011 5.210B
Sept. 30, 2011 4.901B
June 30, 2011 4.610B
March 31, 2011 4.356B
Dec. 31, 2010 4.997B
Sept. 30, 2010 5.274B
June 30, 2010 5.136B
March 31, 2010 4.823B
Dec. 31, 2009 4.991B
Sept. 30, 2009 4.966B
June 30, 2009 4.917B
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About Net PP&E

Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.

For example, assume that a company buys a building worth $1,000,000, along with $50,000 of furniture. Their Net PP&E at the moment of purchase is $1,050,000.

Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by $105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:

$1,050,000 - $105,000 = $945,000

As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.
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RRC Net PP&E (Quarterly) Benchmarks

Companies
Abraxas Petroleum 180.64M
Clayton Williams Energy 1.199B
Matador Resources 845.88M

RRC Net PP&E (Quarterly) Range, Past 5 Years

Minimum 4.356B Mar 2011
Maximum 6.791B Dec 2013
Average 5.455B
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