CRK icon

Comstock Resources

21.37 USD
-0.15
0.70%
At close Jan 17, 4:00 PM EST
After hours
21.49
+0.12
0.56%
1 day
-0.70%
5 days
5.79%
1 month
32.82%
3 months
84.07%
6 months
110.96%
Year to date
14.28%
1 year
163.50%
5 years
197.63%
10 years
-9.83%
 

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 6,823 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

92% more call options, than puts

Call options by funds: $26.6M | Put options by funds: $13.9M

0% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]

3% less capital invested

Capital invested by funds: $1.06B [Q2] → $1.03B (-$31.9M) [Q3]

3.36% less ownership

Funds ownership: 34.94% [Q2] → 31.58% (-3.36%) [Q3]

6% less funds holding

Funds holding: 256 [Q2] → 240 (-16) [Q3]

30% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 93

30% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 43

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$14
34%
downside
Avg. target
$16.90
21%
downside
High target
$19
11%
downside

5 analyst ratings

positive
20%
neutral
80%
negative
0%
Truist Securities
Neal Dingmann
63% 1-year accuracy
100 / 159 met price target
11%downside
$19
Hold
Maintained
13 Jan 2025
Morgan Stanley
Devin McDermott
42% 1-year accuracy
10 / 24 met price target
16%downside
$18
Equal-Weight
Initiated
10 Jan 2025
Mizuho
Nitin Kumar
56% 1-year accuracy
41 / 73 met price target
16%downside
$18
Neutral
Upgraded
16 Dec 2024
Citigroup
Paul Diamond
42% 1-year accuracy
5 / 12 met price target
27%downside
$15.50
Neutral
Maintained
6 Dec 2024
B of A Securities
Kalei Akamine
67% 1-year accuracy
4 / 6 met price target
34%downside
$14
Buy
Initiated
28 Oct 2024

Financial journalist opinion

Based on 7 articles about CRK published over the past 30 days

Positive
Zacks Investment Research
4 days ago
What Makes Comstock Resources (CRK) a Strong Momentum Stock: Buy Now?
Does Comstock Resources (CRK) have what it takes to be a top stock pick for momentum investors? Let's find out.
What Makes Comstock Resources (CRK) a Strong Momentum Stock: Buy Now?
Positive
Zacks Investment Research
4 days ago
Is Comstock Resources (CRK) Outperforming Other Oils-Energy Stocks This Year?
Here is how Comstock Resources (CRK) and Kolibri Global Energy Inc. (KGEI) have performed compared to their sector so far this year.
Is Comstock Resources (CRK) Outperforming Other Oils-Energy Stocks This Year?
Neutral
Zacks Investment Research
5 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).
CNX vs. CRK: Which Stock Is the Better Value Option?
Positive
Seeking Alpha
1 week ago
Comstock Resources: Operating In The Swing Basin
Comstock Resources benefits from low cash costs. Haynesville wells are very expensive to drill and complete. Comparatively high DD&A costs highlight the expensive nature of Haynesville wells.
Comstock Resources: Operating In The Swing Basin
Positive
Benzinga
1 week ago
Baby, It's Cold Outside: These 5 Winter-Ready Stocks Have What It Takes To Make You Feel Warm And Cozy
As a winter storm hit the central U.S. on Sunday afternoon, let's look at the top five winter-proof stocks expected to shield investors amid extreme winter uncertainties.
Baby, It's Cold Outside: These 5 Winter-Ready Stocks Have What It Takes To Make You Feel Warm And Cozy
Positive
Zacks Investment Research
2 weeks ago
Comstock (CRK) Stock Jumps 10.7%: Will It Continue to Soar?
Comstock (CRK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Comstock (CRK) Stock Jumps 10.7%: Will It Continue to Soar?
Positive
Investors Business Daily
3 weeks ago
This Commodity Rallied 67% In 2 Months. These 6 Stocks Are Of Interest.
U.S. natural gas prices are trading around two-year highs as cold temperatures and potentially more LNG exports are boosting the commodity. The post This Commodity Rallied 67% In 2 Months.
This Commodity Rallied 67% In 2 Months. These 6 Stocks Are Of Interest.
Positive
Zacks Investment Research
2 months ago
This Is Why Natural Gas Stocks Have Been Surging Lately
Natural gas names like CRK, AR, EQT and RRC are having a strong month, helped by the commodity's upward march.
This Is Why Natural Gas Stocks Have Been Surging Lately
Positive
Zacks Investment Research
2 months ago
Winter to Be Colder: RRC, AR, CRK Stocks to Gain From Gas Demand?
Higher prices of natural gas are highly beneficial for companies like Range Resources Corporation, Antero Resources Corporation and Comstock Resources Inc.
Winter to Be Colder: RRC, AR, CRK Stocks to Gain From Gas Demand?
Neutral
Seeking Alpha
2 months ago
Comstock Resources Continues To Burn Cash
Comstock reported negative $52 million in Q3 2024 FCF, bringing its YTD FCF to negative $308 million. It has made improvements with Western Haynesville D&C costs, but I believe it still requires a further 15% to 20% reduction to be competitive with legacy Haynesville wells. Comstock's 2024 production results are trending to be a bit lower than its guidance midpoint.
Comstock Resources Continues To Burn Cash
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