CRK Maintained by Morgan Stanley -- Price Target Lowered to $15.
Morgan Stanley has maintained an Equal-Weight rating for Comstock Resources (CRK) but lowered its price target from $16.00 to $15.00. Despite this cautious outlook, GuruFocus indicates CRK is undervalued by 14.0% with a GF Value of $15.90, though concerns remain regarding its low growth rank and cash flow challenges. Three gurus hold CRK, showing mixed sentiment among institutional investors.
Texas Capital Bank Wealth Management Services Inc Takes Position in Comstock Resources, Inc. $CRK
Texas Capital Bank Wealth Management Services Inc. recently acquired 77,579 shares of Comstock Resources (NYSE:CRK), valued at approximately $1.16 million, increasing institutional ownership to 36.13%. Despite the company beating EPS expectations, its revenue declined by 24.9% year-over-year. Analysts remain cautious, with a consensus "Reduce" rating and a target price of $15.00 for the oil and gas producer.
Old West Investment Management LLC Invests $4.10 Million in Comstock Resources, Inc. $CRK
Old West Investment Management LLC has acquired a new position in Comstock Resources, Inc. (NYSE:CRK), investing $4.10 million for 275,083 shares, representing approximately 0.09% of the company. This investment comes as Comstock Resources reported earnings per share of $0.03, beating estimates, but revenue fell 24.9% year-over-year. Analyst sentiment for CRK remains cautious, with an average "Reduce" rating and a target price of $15.00.
What’s Behind Comstock Resources (NYSE:CRK) Latest Earnings?
Comstock Resources (NYSE:CRK) is an independent energy company focused on oil and natural gas properties in the United States, primarily in the Haynesville Shale and Delaware Basin. The company recently reported quarterly revenue of $353 million and an Earnings Per Share of three cents. Its financial performance is closely tied to commodity market conditions and production volumes, with natural gas remaining central to its business profile.
Comstock Resources (NYSE:CRK) Stock Rating Upgraded by Wall Street Zen
Wall Street Zen has upgraded Comstock Resources (NYSE:CRK) from a "strong sell" to a "sell" rating. Despite this upgrade, the stock maintains a consensus "Reduce" rating among analysts with an average price target of $15.00. The company recently reported quarterly EPS of $0.03, exceeding estimates, but revenue fell short and declined by 24.9% year-over-year.
GSA Capital Partners LLP Makes New $2.03 Million Investment in Comstock Resources, Inc. $CRK
GSA Capital Partners LLP has acquired a new stake of 135,905 shares, valued at $2.03 million, in Comstock Resources, Inc. during the second quarter. Several other hedge funds also adjusted their positions in the oil and gas producer. Wall Street analysts have issued various ratings for CRK, with a consensus target price of $15.00 and an average "Reduce" rating.
Comstock Resources Inc (CRK) Stock Up 3.5% and Still Undervalued -- GF Score: 67/100
Comstock Resources Inc (CRK) saw its stock rise by 3.5% to $14.06, yet it remains undervalued according to GuruFocus's GF Value™ estimate of $15.89. Despite its undervaluation and an above-average GF Score™ of 67/100, the company faces significant challenges due to unprofitability and negative cash flow. While gurus show cautious optimism with increased holdings, the absence of insider transactions in the last three months suggests a lack of immediate confidence from company executives.
Comstock Resources, Inc. (CRK) Stock forecasts
Argus has lowered its target price for Comstock Resources, Inc. (CRK) to $12.00. The company, an independent natural gas producer, operates in the Haynesville shale and is currently priced at $13.58. The report highlights the superior economics of its operations due to its proximity to Gulf Coast natural gas markets.
Comstock Resources Inc (CRK) Shares Fall 3.3% -- What GF Score of 67 Tells Investors
Comstock Resources Inc (CRK) shares fell 3.3% to $13.92, trading below its GF Value™ estimate of $16.04, indicating it is modestly undervalued. Despite this, the company faces significant risks due to its lack of profitability and cash flow, reflected in a GF Score™ of 67/100, which highlights strong valuation but weak growth and financial strength. Guru and insider activities show mixed sentiment, with no insider transactions in the last three months, suggesting caution for investors.
Comstock Resources Jumps 6.4% Amid Sector-Wide Rally
Comstock Resources, Inc. (CRK) saw its shares surge by 6.4% on Monday, closing at $14.27 on high volume. This gain was part of a broader rally across the oil and gas exploration and production sector, with several peer companies also experiencing significant increases. The rally appears to be driven by sector-wide momentum rather than company-specific news, suggesting potential shifts in energy market sentiment or commodity price expectations.
Can Range Resources' Q2 Beat Sustain Momentum Through 2026 Growth?
Range Resources (RRC) reported a significant beat on Q2 2026 earnings and revenue, driven by higher production and improved price realizations, furthering its multiyear development plan. The company narrowed its natural gas differential guidance and increased its natural gas liquids outlook, boosting prospects for the second half of the year. Despite the strong performance, Range Resources still needs to execute on infrastructure commissioning and well performance to meet its year-end production targets and mitigate execution risks.
InvestingPro warned of Comstock Resources’ 44% plunge 14 months ago By Investing.com
Fourteen months ago, InvestingPro's Fair Value models identified Comstock Resources (CRK) as significantly overvalued at $22.38 per share, accurately predicting a subsequent 43.66% plunge to $12.61. The analysis, which combines multiple valuation methodologies, highlighted CRK's intrinsic worth at $14.01 despite some operational improvements. This case demonstrates how InvestingPro's analytical framework can help investors avoid substantial losses by identifying overvalued stocks.
Did Haynesville Output Gains and Pinnacle Stake Sale Just Shift Comstock Resources' (CRK) Investment Narrative?
Comstock Resources recently reported Q2 2026 results, showing increased natural gas production from accelerated Haynesville drilling and the sale of a stake in Pinnacle Gas Services to Sixth Street. This move addressed funding concerns by retiring Pinnacle debt and bolstering the balance sheet, but the core investment risks associated with its concentrated Haynesville exposure remain. The article discusses how these developments might reshape the company's investment narrative, comparing analyst forecasts and highlighting both potential upsides and warning signs for investors.
Comstock Resources (NYSE:CRK) Trading Up 6.7% - Time to Buy?
Comstock Resources (NYSE:CRK) saw its shares rise by 6.7% on Monday, closing at $14.3150, despite a trading volume significantly lower than average. This increase comes amid a cautious outlook from analysts, with the stock holding a consensus "Reduce" rating and an average price target of $15.00, with some firms like UBS and Goldman Sachs lowering their targets. The company recently slightly beat EPS estimates but missed revenue forecasts, with institutional investors showing mixed activity, including some major position building.
InvestingPro warned of Comstock Resources’ 44% plunge 14 months ago By Investing.com
InvestingPro's Fair Value models accurately predicted a 44% plunge in Comstock Resources (CRK) stock 14 months ago, identifying it as significantly overvalued. The stock's subsequent drop to $12.61 validated their analysis, which combines multiple valuation methodologies to help investors make informed decisions. This case highlights the effectiveness of InvestingPro's analytical framework in identifying overvalued stocks and avoiding potential losses.
131,900 Shares in Comstock Resources, Inc. $CRK Purchased by Renaissance Technologies LLC
Renaissance Technologies LLC acquired 131,900 shares of Comstock Resources (CRK) in the first quarter, valued at approximately $2.78 million, contributing to institutional investors' 36.13% ownership. Despite beating EPS estimates, Comstock's revenue fell short and declined year-over-year. The company faces a cautious outlook from analysts, holding a consensus "Reduce" rating with a target price below its current share price.
Did Haynesville Output Gains and Pinnacle Stake Sale Just Shift Comstock Resources' (CRK) Investment Narrative?
Comstock Resources recently reported Q2 2026 results with increased natural gas production from accelerated Haynesville drilling and a strategic sale of a 27% stake in Pinnacle Gas Services. This move addressed funding concerns by retiring Pinnacle's debt and bolstering Comstock's balance sheet, potentially refining its investment narrative which is heavily tied to its Haynesville natural gas operations. Despite these developments, the company's concentrated exposure to the Haynesville basin continues to be a key risk, and analysts hold varying outlooks on its future earnings and valuation.
Did Haynesville Output Gains and Pinnacle Stake Sale Just Shift Comstock Resources' (CRK) Investment Narrative?
Comstock Resources recently reported Q2 2026 results with increased natural gas production from the Haynesville basin and a strategic sale of a 27% stake in Pinnacle Gas Services to Sixth Street. These developments, particularly the midstream equity monetization, aim to address funding concerns and support the company's balance sheet, impacting its investment narrative which is heavily focused on Haynesville natural gas. Investors are encouraged to consider these updates against differing analyst forecasts and the potential magnification of risk due to concentrated exposure.
Comstock Resources (NYSE:CRK) Stock Rating Lowered by Wall Street Zen
Wall Street Zen has downgraded Comstock Resources (NYSE:CRK) from a "sell" to a "strong sell" rating, with Zacks Research also assigning a "strong sell." The broader analyst consensus is "Reduce," with an average price target of $15.22, significantly higher than the stock's opening price of $13.45. Despite slightly beating earnings expectations, the company's revenue fell 24.9% year over year to $353.28 million, missing analyst estimates.
Comstock Resources, Inc. (NYSE:CRK) Given Consensus Recommendation of "Reduce" by Brokerages
Comstock Resources (NYSE:CRK) has received a consensus "Reduce" rating from ten brokerages, with four analysts recommending a sell and six a hold. The average 12-month price target is $15.22, following recent target cuts by Citigroup and UBS. Despite slightly beating quarterly EPS expectations, the company's revenue fell short of estimates and declined year-over-year.
Comstock Resources Inc (CRK) Earnings Forecast: Future EPS & Revenue Growth Estimates
Comstock Resources Inc (CRK) currently has an earnings forecast score of 6.27, ranking 78 out of 97 in the Oil & Gas industry. The average price target for CRK is $20.50, based on 15 analysts, with a consensus "Hold" rating. The company's expected revenue for the next quarter is $454.17M, and its EPS for the next quarter is projected to be $0.06.
Comstock Resources Inc (CX91.MU) options chain
The article displays the options chain for Comstock Resources Inc (CX91.MU) on Yahoo Finance, showing real-time stock data, market performance, and a summary of calls and puts. As of the time of publication, there were no calls or puts listed for the company.
Comstock Resources rated Buy for potential natural gas price recovery despite ongoing cash flow deficits.
Comstock Resources (CRK) has received a "Buy" rating for aggressive investors, based on the anticipation of natural gas price recovery by year-end. Despite this optimistic outlook, the company faces substantial free cash flow deficits of $200M–$250M per quarter until at least 2027, primarily due to high development costs in the Western Haynesville region. Long-term investors are cautioned that the current financial structure and cash burn are unsustainable without a strong and sustained increase in natural gas prices.
Why Comstock Resources (CRK) Is Down 7.4% After Mixed Q2 Results and Stake Sale – And What's Next
Comstock Resources (CRK) saw its stock drop 7.4% after reporting mixed Q2 2026 results, with flat production but lower revenue and net income. The company also sold a 27% non-controlling stake in Pinnacle Gas Services for $600 million to retire high-cost capital and reduce annual fixed charges. This move aims to reshape Comstock's investment narrative by improving its balance sheet, although concerns about Haynesville costs and gas pricing remain.
Comstock Resources, Inc. $CRK Shares Acquired by Liontrust Investment Partners LLP
Liontrust Investment Partners LLP significantly increased its stake in Comstock Resources, Inc. (NYSE:CRK) during the first quarter by 877.8%, acquiring 115,752 additional shares, bringing its total holding to $2.7 million. Despite this, institutional ownership of Comstock Resources remains at 36.13%. Analyst sentiment for CRK is predominantly cautious, with an average "Reduce" rating and a target price of $15.22, influenced by downgrades from firms like Goldman Sachs and Zacks Research, while the company's shares are trading near their one-year low and revenue has seen a year-over-year decline.
Comstock Resources Stock: Work In Progress (NYSE:CRK)
Comstock Resources (CRK) is currently seen as a "work in progress" by the market, primarily due to skepticism surrounding a recent high-cost discovery. Despite this, the company possesses significant cash reserves from the sale of a noncontrolling interest in a midstream company. Management is focused on reducing high costs, and future quarterly reports will be crucial for the market to assess their progress.
Comstock Resources (NYSE:CRK) Raised to "Sell" at Wall Street Zen
Wall Street Zen upgraded Comstock Resources (NYSE:CRK) from "strong sell" to "sell," while the overall analyst consensus remains "Reduce" with an average price target of $15.22. Despite beating EPS expectations, the oil and gas producer's revenue of $353.28 million fell short of estimates and decreased by 24.9% year-over-year. The stock opened at $13.22, well below its 52-week high, and has received varied ratings from other analysts including "hold" and "neutral."
Comstock Resources, Inc. Revenue Breakdown – NYSE:CRK
Comstock Resources, Inc. (NYSE: CRK) generated $2.22 billion in revenue last year, primarily from its Natural Gas segment which contributed $1.43 billion. The United States was the company's largest geographic contributor, accounting for $1.93 billion of the revenue. This data provides a breakdown of the company's financial performance by segment and country.
Comstock Resources (CRK) Stock Fair Value Falls After Analysts Cut Targets
Analysts have cut the estimated fair value for Comstock Resources (CRK) stock by approximately 11%, from US$17.42 to US$15.58, due to factors like lower cash flows, higher debt costs, and increased financial leverage. While some firms maintain a "Buy" rating, others have reduced price targets and issued "Sell" ratings. This revised valuation is influenced by updated revenue growth assumptions, net profit margin estimates, and a lower future P/E ratio.
Why Comstock Resources (CRK) Is Down 7.4% After Mixed Q2 Results and Stake Sale – And What's Next
Comstock Resources (CRK) saw its stock drop 7.4% after reporting mixed Q2 2026 results, including flat production but decreased revenue and net income. The company also sold a 27% stake in Pinnacle Gas Services for $600 million, using the proceeds to reduce debt and fixed charges, aiming for a cleaner balance sheet. Despite stronger production and balance sheet repair, the weaker earnings highlight the company's sensitivity to gas pricing and potential risks from rising Western Haynesville costs.
Comstock Resources, Inc. 2026 Q2 - Results - Earnings Call Presentation (NYSE:CRK) 2026-07-30
Comstock Resources, Inc. (CRK) released its Q2 2026 earnings call presentation, detailing its financial results. The company reported an EPS of $0.03, beating estimates by $0.02, but revenue of $353.28M missed expectations by $57.56M, representing a 24.88% year-over-year decrease. This article includes the slide deck from the earnings call.
Comstock Resources Inc Q2 2026: Revenue $353.3M, EPS $0.03— 10-Q Summary
Comstock Resources Inc (CRK) reported its Q2 2026 results, showing a significant decrease in revenue and net income compared to the previous year. Revenue dropped to $353.3M from $470.3M, and diluted EPS fell to $0.03 from $0.44, primarily due to lower realized natural gas prices. The company's natural gas production remained relatively stable for the quarter, with plans for additional capital spending in the latter half of 2026.
CRK Q2 Earnings Beat Estimates, Revenues Miss on Weak Gas Prices
Comstock Resources, Inc. (CRK) reported second-quarter 2026 adjusted earnings that beat the Zacks Consensus Estimate, driven by higher production volume. However, total revenues missed expectations and declined significantly year-over-year due to lower natural gas prices and reduced gas services revenues. Despite the revenue miss, the company maintained unit production costs, strengthened its balance sheet with a significant deal, and provided an optimistic outlook for production and capital expenditures.
Earnings call transcript: Comstock Resources posts Q2 2026 revenue miss
Comstock Resources announced its Q2 2026 earnings, matching profit estimates but missing revenue forecasts due to lower natural gas prices, despite a 16% sequential increase in production. The company reported adjusted EPS of 3 cents on revenue of $353.28 million, falling short of analysts' $429.96 million projection. Comstock is advancing its Western Haynesville drilling program, utilizing new technologies like "big hole laterals" to reduce costs and enhance productivity, aiming to capitalize on future natural gas demand from LNG exports and data centers.
Press Release: COMSTOCK RESOURCES, INC. REPORTS SECOND QUARTER 2026 FINANCIAL AND OPERATING RESULTS
Comstock Resources, Inc. reported its second quarter 2026 financial and operating results. The company disclosed its earnings, production volumes, and other key financial metrics for the quarter. This release provides a comprehensive overview of Comstock's performance during the specified period.
Comstock Resources (NYSE:CRK) Reports Sales Below Analyst Estimates In Q2 CY2026 Earnings
Comstock Resources (NYSE:CRK) reported Q2 CY2026 earnings, missing Wall Street's revenue expectations with only a 1.6% year-on-year sales increase to $353.3 million. Despite the revenue miss, the company's non-GAAP profit beat estimates at $0.03 per share, $0.02 above the consensus. The report highlighted a decline in oil production and a drop in EBITDA and free cash flow margins, causing shares to trade down 1.4% immediately after the announcement.
Comstock Resources posts $332M Q2 gas and oil sales, $0.03 adjusted diluted EPS
Comstock Resources reported Q2 2026 results, achieving $331.6 million in natural gas and oil sales and $0.03 adjusted diluted EPS. The company also saw production growth, turning 16 operated Haynesville/Bossier wells to sales, and completed the sale of a 27% non-controlling interest in Pinnacle Gas Services for $600 million.
COMSTOCK RESOURCES, INC. REPORTS SECOND QUARTER 2026 FINANCIAL AND OPERATING RESULTS
Comstock Resources, Inc. reported its second-quarter 2026 financial and operating results, highlighting a 16% increase in production over the first quarter. The company sold a 27% noncontrolling equity interest in Pinnacle Gas Services LLC for $600 million, using the proceeds to retire Pinnacle's preferred equity and outstanding debt. Comstock turned 17 operated Haynesville/Bossier wells to sales, showing strong initial production rates for both Western and Legacy Haynesville wells.
Comstock Resources earnings on deck as weak gas prices weigh By Investing.com
Comstock Resources is poised to release its second-quarter earnings, with analysts anticipating a significant decline due to low natural gas prices. Investors will closely watch the impact of the company's Pinnacle midstream transaction on its financial flexibility and any insights into its Western Haynesville operations. The company's future performance will determine if its strategic moves can counteract the ongoing weak natural gas market.
CRK: Reset Earnings Power And Leverage Improvements Should Support Future Stock Returns
Comstock Resources (CRK) has seen its average price target trimmed from $17.42 to $15.58 by analysts due to lower assumed revenue growth, a reduced future P/E, and ongoing concerns about leverage and production costs. Despite a 69% share price underperformance, some analysts believe the current valuation may reflect these challenges, with targets ranging from $10 to $21. The updated valuation models show an 11% decrease in fair value, influenced by cautious revenue growth assumptions and a significantly lower future P/E.
Comstock Resources, Inc. Revenue Breakdown – LSX:A2APM4
Comstock Resources, Inc. (A2APM4) generated 1.89 billion EUR in revenue last year. The Natural Gas segment was the top performer, contributing 1.21 billion EUR. The United States was the largest geographical contributor, accounting for 1.64 billion EUR of the revenue.
Comstock Resources (NYSE:CRK) Hits New 52-Week Low - Here's Why
Comstock Resources (NYSE:CRK) shares recently hit a new 52-week low of $12.40, reflecting weakened analyst sentiment and a consensus "Reduce" rating with an average price target of $15.22. The company's latest quarterly earnings missed expectations, reporting $0.15 EPS against a $0.23 estimate, despite a 14.5% year-over-year revenue increase to $587.35 million. Several research firms have adjusted their price targets and ratings, primarily downwards, indicating a cautious outlook for the oil and gas producer.
Comstock Resources (CRK) Reports Earnings Tomorrow: What To Expect
Comstock Resources (CRK) is scheduled to report earnings tomorrow. The company missed revenue expectations last quarter, and analysts are anticipating a 9.1% year-on-year revenue growth this quarter. Investor sentiment for the upstream & integrated segment has been positive, but Comstock Resources's stock is down 7.4% over the last month.
Comstock Resources Inc (CRK) Shareholder Structure: Major Shareholders & Institutional Holdings
This article details the shareholder structure of Comstock Resources Inc (CRK), outlining its major shareholders and institutional holdings. It provides a breakdown of shareholder types, including corporations, investment advisors, and individual investors, and tracks changes in institutional shareholding over several quarters. The report also lists key institutions and their proportion of shares held, along with changes over time, and mentions related ETFs that hold CRK shares.
CRK|Comstock Resources Inc|Price:13.520|Chg%:-0.190
Comstock Resources Inc. (CRK) is an independent energy company focused on the acquisition, exploration, development, and production of oil and natural gas in the United States, primarily operating in the Haynesville and Bossier shales in North Louisiana and East Texas. The article provides company details including its market capitalization, P/E ratio, executive team, and a summary of institutional shareholding, noting an increase in institutional ownership.
CRK|Comstock Resources Inc|Price:13.520|Chg%:-0.190
Comstock Resources Inc (CRK) is an independent energy company focused on oil and natural gas exploration and production in the Haynesville shale. The company shows high growth in revenue and profit, considered fairly valued with a strong institutional ownership. Despite recent stock market underperformance, analysts currently rate it as "Hold" with a target price suggesting a 30.16% upside.
Dimensional Fund Advisors LP Trims Stake in Comstock Resources, Inc. $CRK
Dimensional Fund Advisors LP reduced its stake in Comstock Resources, Inc. by 0.9% in the first quarter, selling 102,660 shares and retaining 11.26 million shares. Comstock Resources reported Q1 earnings of $0.15 per share, missing estimates, while revenue exceeded forecasts, growing 14.5% year-over-year. Analyst sentiment for CRK remains cautious, with an average rating of "Reduce" and an average target price of $15.22.
Analysts Offer Insights on Energy Companies: Matador Resources (MTDR), Comstock Resources (CRK) and EQT (EQT)
J.P. Morgan maintained a Buy rating on Matador Resources (MTDR) with a $63.00 price target, and BMO Capital reiterated its Buy rating with a $70.00 price target. BMO Capital also maintained a Hold rating on Comstock Resources (CRK) with a $13.00 price target, while Roth MKM upgraded the stock to Hold with the same price target. Truist Financial maintained a Buy rating on EQT (EQT), and TipRanks – xAI upgraded the stock to Buy with a $57.00 price target.
Comstock Resources: A Leveraged Call On The Gulf Coast Natural Gas Bottleneck
This article analyzes Comstock Resources (NYSE: CRK) as a "Buy" opportunity, viewing it as a leveraged play on an anticipated tightening natural gas market in the Gulf Coast. The author argues that while CRK carries significant debt and negative current free cash flow, its counter-cyclical investments in Western Haynesville acreage and Pinnacle infrastructure position it for substantial upside from growing LNG exports and power demand post-2027. The investment thesis hinges on future structural demand outweighing current market concerns, potentially driving CRK's stock significantly higher despite its current financial risks.
Analysts Estimate Comstock Resources (CRK) to Report a Decline in Earnings: What to Look Out for
Analysts expect Comstock Resources (CRK) to report a significant year-over-year decline in earnings and lower revenues for the quarter ended June 2026, with an estimated EPS of $0.02, down 84.6%, and revenues of $415.15 million, down 11.7%. The consensus EPS estimate has been revised 6.98% lower over the past 30 days. The company's negative Earnings ESP and Zacks Rank of #5 suggest it is unlikely to beat the consensus EPS estimate, despite having beaten estimates in three out of the last four quarters.
