Range Resources Corp (RRC) — closed signal from April 28, 2026
Partial Published before the outcome was known, scored automatically when the window closed on July 27, 2026 — -11.6% at the close.
Predicted vs. what happened
What happened
Reached 18% of the predicted growth at its peak, without hitting the target.
The thesis — published April 28, 2026
Range Resources reported record quarterly sales and strong profit, and it enlarged its share-buyback plan. The stock sits near its trend support, so timing looks reasonable. Exposure to gas prices and low trading volume make this not low-risk, but the short-term reward could be attractive if gas prices hold.
Primary drivers
- Quarterly sales and profit reached record levels
- Higher prices are helping the company get better paid for gas
- Company increased the amount it can buy back in shares
- Broader energy news about supply problems supports prices
How it played out
RRC: the 13% growth thesis missed its target
Lyra published a short-term thesis for RRC at $42.83, with expected growth of 13% toward $48.27. The thesis pointed to record quarterly sales and profit, better gas pricing, a larger share-buyback plan, and energy supply news that supported prices. It also noted exposure to gas prices and low trading volume.
RRC reached its window high of $43.80 on April 29, a gain of 2.3%. It never reached the $48.27 target. The shares ended the measurement window at $37.88, below both the publication price and the target. The thesis did not play out.
What happened during the window
On May 29, Range declared a quarterly cash dividend of $0.10 per common share. On July 21, the company reported second-quarter cash flow from operating activities of $235 million and said it had repurchased $78 million of shares during the quarter.
Prices are shown split- and dividend-adjusted, matching what public charts show today.
Read the next call before it closes.
This is one signal, scored after the fact. Today’s picks come with the same plain-language thesis — published before anyone knows the outcome.