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Comstock Resources, Inc.

CRK · NYSE

Market closed$13.34$0.240000 (+1.83%)After hours $13.45 · +0.82%

Key statistics

Previous close$13.10
Open$13.36
Day high$13.44
Day low$12.95
52-week high$28.10
52-week low$12.44
Market cap3.92B
Volume1.55M
Average volume2.68M
P/E ratio25.17
Forward P/E3.75
EPS0.53
Dividend yield0.00%

Market context

Why it moved

CRK shares moved higher as natural gas and energy sector sentiment improved, supported by ongoing demand fundamentals and a favorable commodity price environment benefiting Comstock Resources' natural gas-focused operations.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Comstock Resources closed higher, outperforming broader market weakness, as energy sector strength driven by renewed U.S.-Iran tensions and rising oil prices lifted natural gas-focused E&P names. The energy sector led all S&P 500 sectors on the day, gaining over 2%, with crude oil rising ~3% amid fresh Strait of Hormuz disruption fears. Investor interest in CRK has been reinforced by a recent analyst valuation noting shares may be ~26% undervalued against a fair value near $17.42, alongside a notable institutional purchase—Goehring & Rozencwajg boosted its stake by 34.8% in Q1—even as the stock trades near 52-week lows and analysts maintain a cautious consensus 'Reduce' rating following a Q1 EPS miss.

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July 17, 2026Comstock Resources closed little changed, trading near its 52-week low, as the natural gas E&P sector faces persistent headwinds. Roth MKM recently upgraded the stock to Hold but slashed its price target to $13 — essentially at current levels — while Mizuho maintained a Neutral rating with a $21 target, flagging concerns over weak realized natural gas prices and a significant $3 billion debt burden. The company ranked as the weakest Q1 performer among natural gas E&P peers, missing EPS estimates and posting revenue down 11.7% year-over-year. A notable countercurrent: Goehring & Rozencwajg lifted its stake by 34.8% in Q1, and a recent analysis suggests shares could be ~26% undervalued based on the Haynesville growth narrative. Investors are looking ahead to the Q2 earnings call on July 29, where discussion is expected to center on the $600M Pinnacle midstream transaction and financial flexibility.

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July 16, 2026Comstock Resources edged higher in regular trading and extended gains in after-hours, though the stock remains near its 52-week low as cautious analyst sentiment weighs on shares. Mizuho reiterated a Neutral rating today ahead of the July 29 Q2 earnings call, flagging EBITDAX roughly 9% below Street estimates due to weak realized natural gas prices, while attention shifts to the $600M Pinnacle Gas Services midstream deal and Western Haynesville execution. A potential fair value upside of ~26% has drawn attention, with a strategic NextEra Energy collaboration for gas-fired power and data center projects near Western Haynesville offering a longer-term demand catalyst, though a heavy $3B debt load and a consensus 'Reduce' rating from analysts continue to temper enthusiasm.

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July 14, 2026Comstock Resources rebounded nearly 2.5%, outperforming the broader energy sector as oil prices surged on renewed U.S.-Iran military strikes and fears of Strait of Hormuz disruptions — a tailwind for natural gas E&P names. The bounce comes after a brutal stretch that saw shares fall over 44% year-to-date following a significant Q1 earnings miss (EPS of $0.15 vs. $0.23 expected) and year-on-year revenue declines. Roth Capital's recent upgrade from Sell to Neutral adds a modest floor, though the consensus remains "Reduce" with a $16.11 target. Valuation screens appear compelling — trading at ~6x P/E vs. an industry average of ~13x — with a potential NextEra Energy collaboration on gas-fired power and data center projects near Western Haynesville offering longer-term optionality, but near-term investor focus remains on whether cash flows can cover interest obligations amid execution concerns.

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July 11, 2026Comstock Resources closed sharply lower, falling nearly 5.6% to $12.92 — approaching its 52-week low — as analyst target cuts from Goldman Sachs and Morgan Stanley weighed on sentiment, even as Roth Capital upgraded the stock to Neutral with a $13 price target. The decline extends a painful year-to-date slide of over 44%, with the stock trading at a steep discount to its GF Value of $17.24, as investors remain cautious despite the company's Haynesville footprint and a previously announced strategic collaboration with NextEra Energy for gas-fired power and data center projects.

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July 10, 2026Comstock Resources closed down 1.65% amid a volatile energy backdrop shaped by renewed U.S.-Iran hostilities and fresh analyst pressure. Goldman Sachs cut its price target to $10 (maintaining Sell) and Morgan Stanley trimmed its target to $16 (Equal Weight), both citing weaker energy price outlooks following the June 14 U.S.-Iran MOU and subsequent oil price declines. While broader E&P peers briefly benefited from oil's spike on Strait of Hormuz supply fears, Comstock's Haynesville-focused natural gas model offers less direct leverage to crude. In after-hours trading, CRK rebounded ~1.86% to $13.94, tracking a modest energy sector recovery, though the stock remains down roughly 40% year-to-date.

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July 9, 2026Comstock Resources closed declined as a broad risk-off session weighed on natural gas producers, even as oil-leveraged energy peers benefited from a surge in crude prices following President Trump declaring the U.S.-Iran ceasefire memorandum 'over.' As a Haynesville-focused natural gas pure-play, Comstock's limited oil exposure left it sidelined from the crude-driven energy rally. Compounding the pressure, Goldman Sachs recently cut its price target to $10 (maintaining Sell) and Morgan Stanley trimmed its target to $16, both citing macro-driven commodity headwinds. The stock is now down roughly 40% year-to-date, though some analysts see it as ~19% undervalued near current levels, with a strategic NextEra Energy collaboration on gas-fired power and data center projects offering a potential long-term catalyst.

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July 8, 2026Comstock Resources closed essentially flat despite a volatile session, as investors weighed a bearish analyst backdrop against improving natural gas sentiment. Goldman Sachs recently cut its price target to $10 (maintaining Sell) and Morgan Stanley trimmed its target to $16 (Equal Weight), both citing the easing of the Iran-U.S. conflict and the subsequent pullback in energy prices since the June 14 MOU. However, the stock is gaining ground in after-hours, rising ~1.7%, tracking the broader energy sector higher as fresh geopolitical tensions — including reported attacks near the Strait of Hormuz — lifted oil prices over 2% and bolstered natural gas-focused E&P names.

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Simply Wall Street · July 18, 2026What Comstock Resources (CRK)'s Sharp Earnings Estimate Cut Means For ShareholdersMarketBeat · July 18, 2026Comstock Resources (NYSE:CRK) Downgraded by Zacks Research to Strong SellMarketBeat · July 16, 2026Goehring & Rozencwajg Associates LLC Acquires 222,569 Shares of Comstock Resources, Inc. $CRKSimply Wall Street · July 15, 2026Comstock Resources (CRK) Could Be 26% Undervalued On Its Haynesville Growth NarrativeGlobeNewswire · July 1, 2026COMSTOCK RESOURCES, INC. ANNOUNCES SECOND QUARTER 2026Stock Titan · July 1, 2026Comstock Resources sets July 30 call after Q2 resultsStock Titan · June 15, 2026Comstock's $600M Pinnacle deal aims to cut $40M a year in fixed chargesGlobeNewswire · June 15, 2026COMSTOCK ANNOUNCES $600 MILLION STRATEGIC INVESTMENT BY
Benzinga · June 30, 2026Goldman Sachs Maintains Sell on Comstock Resources, Lowers Price Target to $10
Benzinga · June 29, 2026Morgan Stanley Maintains Equal-Weight on Comstock Resources, Lowers Price Target to $16
Mt Newswire · June 15, 2026Comstock Reports $600 Million Sixth Street Investment in Pinnacle
Benzinga · May 27, 2026Mizuho Maintains Neutral on Comstock Resources, Lowers Price Target to $21
Benzinga · May 22, 2026Morgan Stanley Maintains Equal-Weight on Comstock Resources, Lowers Price Target to $18
Benzinga · May 11, 2026UBS Maintains Sell on Comstock Resources, Lowers Price Target to $13
Mt Newswire · May 11, 2026UBS Adjusts Price Target on Comstock Resources to $13 From $17, Maintains Sell Rating
Benzinga · May 6, 2026Transcript: Comstock Resources Q1 2026 Earnings Conference Call

Peers

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