RRC Forecast + Trading Strategies


Bullish Case: RRC shows resilience with strong fundamentals, high insider ownership, and potential earnings growth despite natural gas market volatility.


Bearish Case: Market volatility, uncertainty in natural gas prices, and recent insider selling signal potential downside risks for RRC.


Potential Outcomes: High chance (60%) RRC maintains strong cash flow. Moderate chance (30%) natural gas price volatility impacts RRC. Low chance (10%) of dramatic volatility spike.


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April 13, 2024


Range Resources Forecast

RRC        Range Resources
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with RRC



CNX Forecast + Options Trading Strategies   CNX  CNX Resources (0.9)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.88)


MRO Forecast + Options Trading Strategies   MRO  Marathon Oil (0.87)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (0.87)


MTDR Forecast + Options Trading Strategies   MTDR  Matador Resources (0.87)



Uncorrelated Stock Forecasts

Assets with little price relationship to RRC



SA Forecast + Options Trading Strategies   SA  Seabridge Gold (-0.0)


SIMO Forecast + Options Trading Strategies   SIMO  Silicon Motion Technology (-0.0)


SYK Forecast + Options Trading Strategies   SYK  Stryker (-0.0)


POST Forecast + Options Trading Strategies   POST  Post (-0.0)


DIS Forecast + Options Trading Strategies   DIS  Walt Disney (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against RRC



SGRY Forecast + Options Trading Strategies   SGRY  Surgery (-0.74)


SONY Forecast + Options Trading Strategies   SONY  Sony Group Corporation (-0.74)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.74)


SJM Forecast + Options Trading Strategies   SJM  J.M. Smucker (-0.74)


TVTX Forecast + Options Trading Strategies   TVTX  Travere Therapeutics (-0.74)





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