Comstock Resources Inc rises on market strength
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 23 Dec 25
Source: Newsfilter
Comstock Resources Inc (CRK) saw a price increase of 6.37%, reaching a 5-day high amid positive market conditions. The stock's upward movement is attributed to broad market strength, with the Nasdaq-100 up 0.42% and the S&P 500 up 0.44%. This performance suggests that investor confidence is strong, contributing to the stock's gains.
Analyst Views on CRK
Wall Street analysts forecast CRK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRK is 20.00 USD with a low forecast of 8.00 USD and a high forecast of 29.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
2 Buy
4 Hold
3 Sell
Hold
Current: 22.410
Low
8.00
Averages
20.00
High
29.00
Current: 22.410
Low
8.00
Averages
20.00
High
29.00
About CRK
Comstock Resources, Inc. is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates through the exploration and production of the North American natural gas and oil segment. Its primarily operates in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas, with economic and geographical proximity to the Gulf Coast natural gas markets. The Company is focused on the development of drilling opportunities in the Haynesville and Bossier shales and exploration activities in the Western Haynesville play. It has over 1,099,090 acres (819,489 net) prospective for the Haynesville and Bossier shale plays, located in North Louisiana and East Texas, including its extension of the plays in its Western Haynesville area. The Company owns interests in over 2,427 producing natural gas and oil wells (1,542.6 net) and it operates 1,747 of these wells.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
