Range Resources Corp (RRC) — closed signal from July 13, 2026
Target reached Published before the outcome was known, scored automatically when the window closed on October 11, 2026 — +13.2% at the close.
Predicted vs. what happened
What happened
Reached its target in 44 days.
The thesis — published July 13, 2026
Range looks cheap, has beaten recent profit expectations, and is trading below its short-term trend-setting up a possible rebound. Early signs of buying are present but thin trading means the move is not yet proven. Cuts to price targets after a big drop in gas prices are the main short-term risk; steady gas prices over the next few months would help.
Primary drivers
- Shares trade at a low valuation despite recent profit beats
- Shares are below short-term trend and could bounce back
- Long-term growth in domestic natural-gas demand supports upside
- Performance depends heavily on whether gas prices stabilize soon
How it played out
RRC: target reached in 44 days
Lyra published RRC at $36.12 with an expected gain of 16% and a $41.80 target. The thesis pointed to a low valuation, recent profit beats, a possible rebound from below its short-term trend, and long-term natural gas demand. It also said the outcome depended heavily on gas prices stabilizing.
The shares reached the target in 44 days and peaked at $42.96 on September 3, a gain of 18.9%. They ended the window at $40.89 on October 11, below the target but above the publication price. The thesis played out.
What happened during the window
On July 21, Range reported second-quarter cash flow from operating activities of $235 million and said it had repurchased $78 million of shares. On August 28, the company declared a quarterly dividend of $0.10 per common share.
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.