Comstock Resources
About: Comstock Resources Inc is an independent energy company operating in the Haynesville shale, a natural gas basin located in East Texas and North Louisiana with superior economics and geographical proximity to the Gulf Coast markets. The Company operates in one business segment, the exploration and production of North American natural gas and oil. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. Its oil and gas operations are concentrated in Louisiana and Texas.
Employees: 251
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
204% more call options, than puts
Call options by funds: $113M | Put options by funds: $37.4M
59% more capital invested
Capital invested by funds: $1.03B [Q3] → $1.63B (+$604M) [Q4]
54% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 28
3% more funds holding
Funds holding: 240 [Q3] → 247 (+7) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 5 (+0) [Q4]
0.92% less ownership
Funds ownership: 31.58% [Q3] → 30.66% (-0.92%) [Q4]
30% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 88
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$6
69%
downside
Avg. target
$15.30
22%
downside
High target
$19
3%
downside
5 analyst ratings
0 positive
0%
4 neutral
80%
1 negative
20%
Piper Sandler Mark Lear 47% 1-year accuracy 82 / 174 met price target | 69%downside $6 | Underweight Maintained | 29 Jan 2025 |
Truist Securities Neal Dingmann 41% 1-year accuracy 63 / 153 met price target | 3%downside $19 | Hold Maintained | 13 Jan 2025 |
Morgan Stanley Devin McDermott 41% 1-year accuracy 11 / 27 met price target | 8%downside $18 | Equal-Weight Initiated | 10 Jan 2025 |
Mizuho Nitin Kumar 49% 1-year accuracy 35 / 71 met price target | 8%downside $18 | Neutral Upgraded | 16 Dec 2024 |
Citigroup Paul Diamond 42% 1-year accuracy 5 / 12 met price target | 21%downside $15.50 | Neutral Maintained | 6 Dec 2024 |
Financial journalist opinion
Based on 11 articles about CRK published over the past 30 days
Neutral
Seeking Alpha
2 days ago
Comstock Resources, Inc. (CRK) Q4 2024 Earnings Call Transcript
Comstock Resources, Inc. (NYSE:CRK ) Q4 2024 Earnings Conference Call February 19, 2025 11:00 AM ET Company Participants Jay Allison - Chairman and Chief Executive Officer Roland Burns - President and Chief Financial Officer Daniel Harrison - Chief Operating Officer Conference Call Participants Derrick Whitfield - Texas Capital Carlos Escalante - Wolfe Research Charles Meade - Johnson Rice Kalei Akamine - Bank of America Bertrand Donnes - Truist Jacob Roberts - TPH & Company Gregg Brody - Bank of America Noel Parks - Tuohy Brothers Operator Ladies and gentlemen, thank you for standing by. Welcome to the Fourth Quarter 2024 Comstock Resource Earnings Conference Call.
Positive
Zacks Investment Research
3 days ago
Here's What Key Metrics Tell Us About Comstock (CRK) Q4 Earnings
Although the revenue and EPS for Comstock (CRK) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
3 days ago
Comstock Resources (CRK) Q4 Earnings Top Estimates
Comstock Resources (CRK) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.10 per share a year ago.
Neutral
GlobeNewsWire
3 days ago
COMSTOCK RESOURCES, INC. REPORTS FOURTH QUARTER 2024 FINANCIAL AND OPERATING RESULTS
FRISCO, TX, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter and year ended December 31, 2024.
Positive
Market Watch
3 days ago
20 stocks of companies expected to put up numbers to back investors' new ‘growth mindset'
The co-chief investment officers at Neuberger Berman see a new dynamic in the stock market as investors move on from inflation worries.
Neutral
Zacks Investment Research
4 days ago
CNX vs. CRK: Which Stock Is the Better Value Option?
Investors looking for stocks in the Oil and Gas - Exploration and Production - United States sector might want to consider either CNX Resources Corporation. (CNX) or Comstock Resources (CRK).
Neutral
Zacks Investment Research
1 week ago
Comstock (CRK) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
After losing some value lately, a hammer chart pattern has been formed for Comstock (CRK), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Positive
Zacks Investment Research
1 week ago
Comstock Resources (CRK) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Comstock (CRK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Zacks Investment Research
3 weeks ago
CNX or CRK: Which Is the Better Value Stock Right Now?
Investors with an interest in Oil and Gas - Exploration and Production - United States stocks have likely encountered both CNX Resources Corporation. (CNX) and Comstock Resources (CRK).
Positive
Zacks Investment Research
3 weeks ago
Comstock (CRK) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
Comstock (CRK) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
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