Lumida
/CRK
⌘K
Comstock Resources Inc

Comstock Resources Inc

CRK
$13.34USD↑+1.83%+0.24 today

MARKET CAP

3.9B

P/E (TTM)

25.2x

FWD P/E

14.1x

DAY RANGE

$13 – $13

52W RANGE

$12
$28

AI Summary

Stalk
Sell NowMedium

CRK is entrenched in a Stage 4 decline characterized by successive lower highs and lower lows, with price trading below the declining 9 and 20 EMAs, confirming supply dominance. The medium-term bias remains bearish under the Stage 4 regime and active downtrend pattern, and short-term timing is unfavorable for bulls as rallies are rejected at the EMA resistance zone. However, the long-term trend is still up, indicating structural support remains above. Execution favors Sell Now on rejections into the declining EMA region.

  • ↑LNG and data center demand poised to boost production 13–15%
  • ↑Q1 operating cash flow of $192M underscores robust cash generation
  • ↓EPS estimates trimmed 14% with revenue projections falling
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

Comstock Resources, Inc. (NYSE: CRK) is engaged in the exploration and production of natural gas and oil, primarily focused on the Hainesville Shale area of Louisiana and Texas. Positioned strategically to capitalize on the rising natural gas demand, particularly driven by LNG exports and increasing energy requirements, Comstock is leveraging its significant acreage position and operational capabilities to navigate the volatile energy market effectively.

Bull says

  • ↑LNG and data center demand poised to boost production 13–15%
  • ↑Q1 operating cash flow of $192M underscores robust cash generation
  • ↑Midstream build-out via Pinnacle Gas Services strengthens integration
  • ↑Stock appears undervalued by ~25% given resource base
  • ↑High earnings yield and strong profitability factor signal value
  • ↑Efficient leverage structure enhances resilience amid rising rates

Bear says

  • ↓EPS estimates trimmed 14% with revenue projections falling
  • ↓Elevated volatility factor suggests significant price swings
  • ↓Weak dividend yield factor signals cash return constraints
  • ↓Elevated short interest factor underscores market skepticism
  • ↓Production hit by weather and infrastructure delays
  • ↓Analyst revisions and bearish sentiment weigh on near-term outlook

Investment themes with CRK

Oil & Gas Exploration & Production↓ -0.11%

Upstream hydrocarbon extraction fueling energy markets

COP · EOG · VLO
Natural Gas↓ -0.85%

Producers and distributors of natural gas

COP · EOG · FANG

Earnings Call · Q4 2025 · Mgmt. Guidance

Updated 04-21-2026neutral

Transcript signals

Bull points

  • we do plan to make several runs in the Western Hainesville over this year, which indicates optimism for increasing operational effectiveness in this basin.
  • For the full year in 2025, our production averaged 1.2 BCFE per day, which is 14% lower than production in 2024. But the improved natural gas prices we had in 2025 increased our oil and gas sales by 15% to $1.4 billion compared to 2024.
  • we had almost 1.3 billion of liquidity.

Bear points

  • I think once we, you know, see some success early on in the western Hainesville, we'll be pushing to get the temperature rating on that tool even higher.
  • implied next 12 month PDP decline rate in your report has come down a little bit, indicating a decline from 40% down by 1% or 2%, which reflects ongoing challenges.
  • we reported adjusted net income of $160 million for 2025, or 54 cents for diluted share. compared to net loss in 2024.
Read full transcript analysis ›