Range Resources Corp (RRC) — closed signal from June 12, 2026
Near target Published before the outcome was known, scored automatically when the window closed on September 10, 2026 — +9.9% at the close.
Predicted vs. what happened
What happened
Came within reach: 100% of the predicted growth at its peak, just short of the target.
The thesis — published June 12, 2026
Range Resources provides exposure to natural gas, helping diversify an energy portfolio. Recent reports show strong quarterly performance and less debt, and price weakness could allow a bounce if gas market mood improves. Still, dependence on gas prices and company leverage means the idea is cautious, not a top conviction.
Primary drivers
- Natural gas exposure gives energy diversification and upside if prices improve
- Strong recent results show operating momentum and execution
- Lower net debt increases financial flexibility and resilience
- Price is beaten down, which can support a rebound if sentiment improves
How it played out
RRC: 13% thesis played out by September 3
Lyra published RRC at $38.02 with a short-term target of $42.86 and expected growth of 13%. The thesis pointed to natural gas exposure, strong recent results, lower net debt, and the chance of a rebound from price weakness if sentiment improved. It also treated gas-price dependence and leverage as risks.
During the window, RRC reached a peak of $42.96 on September 3, above the target. The peak gain was 13%, matching the expected growth. It ended the window at $41.78, below the target but above the publication price. The thesis played out.
What happened during the window
On July 21, 2026, Range reported second-quarter cash flow from operating activities of $235 million and average production of 2.30 Bcfe per day. On August 28, 2026, the company declared a quarterly dividend.
Prices are shown split- and dividend-adjusted, matching what public charts show today.
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This is one signal, scored after the fact. Today’s picks come with the same plain-language thesis — published before anyone knows the outcome.