Dispositions and Acquisitions (Tables)

12 Months Ended

Dec. 31, 2017

Summary of Final Allocation of Total Purchase Price

Purchase price:
Shares of Range common stock issued to Memorial stockholders		77,042,749
Range common stock price per share at September 15, 2016 (close)	$	39.37
Total purchase price	$	3,033,173

Plus fair value of liabilities assumed by Range:
Accounts payable	$	55,624
Other current liabilities		108,367
Long-term debt		1,204,449
Deferred taxes		547,706
Other long-term liabilities		77,223
Total purchase price plus liabilities assumed	$	5,026,542

Fair value of Memorial assets:
Cash and equivalents	$	7,180
Other current assets		99,969
Derivative instruments		152,994
Natural gas and oil properties:
Proved property		1,122,311
Unproved property		1,999,187
Other property and equipment		3,579
Goodwill ^(a)		1,641,197
Other		125
Total asset value	$	5,026,542

^(a)Goodwill will not be deductible for income tax purposes.

Summary of Pro Forma Financial Information

The pro forma condensed combined financial information has been included for comparative purposes and is not necessarily indicative of the results that might have actually occurred had the MRD Merger taken place on January 1, 2015. In addition, the pro forma financial information below is not intended to be a projection of future results (in thousands, except per share amounts).

		Year Ended December 31,
		2016			2015
Revenues	$	1,334,290		$	2,253,368
Net loss	$	(591,121	)	$	(556,164	)

Loss per share:
Basic	$	(2.42	)	$	(2.28	)
Diluted	$	(2.42	)	$	(2.28	)