Range Resources Corporation (RRC) — closed signal from July 13, 2025
Partial Published before the outcome was known, scored automatically when the window closed on October 11, 2025.
Predicted vs. what happened
What happened
Reached 21% of the predicted growth at its peak, without hitting the target.
The thesis — published July 13, 2025
Natural gas prices have jumped 25% since March while fewer drilling rigs mean less supply. Because Range has not locked in most of next years output, it wins if prices keep rising. The share price sits near its long-term average, a spot that has led to three past 20% rebounds. Debt is low, freeing up cash that management may use to repurchase shares on July 22. New permits to ship gas overseas could push the stock toward $47-48 this quarter.
Primary drivers
- Gas prices are climbing while fewer rigs drill, likely boosting earnings before winter.
- Low debt lets the company return cash to investors through large share buybacks soon.
- The stock is near a price area that has sparked several strong rebounds in the past.
- Possible approval to export gas could raise local selling prices and lift profits.
How it played out
RRC: thesis missed the target
Lyra published RRC at 38.07 on 2025-07-13 with 22% expected growth. The thesis pointed to natural gas prices up 25% since March, fewer drilling rigs, low debt, possible share repurchases on July 22, and possible export approvals that could push the stock toward 47-48 this quarter.
Inside the window from 2025-07-13 to 2025-10-11, RRC peaked at 39.86 on 2025-10-02, a 4.7% gain. It stayed below the 46.21 target and ended at 36.27. The thesis did not play out in the measured window.
Prices are shown split- and dividend-adjusted, matching what public charts show today.
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