CRK Stock Recent News

FRISCO, TX, May 02, 2025 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today announced a dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, Texas.

Although the revenue and EPS for Comstock (CRK) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Comstock Resources, Inc. reported an excellent Q1 due to a rally in natural gas prices. The well, drilled on newly acquired acreage, while exceeding average Haynesville production. Western Haynesville's strategic location offers excellent access to export facilities.

Comstock Resources, Inc. (NYSE:CRK ) Q1 2025 Results Conference Call May 1, 2025 10:00 AM ET Company Participants Jay Allison - Chairman and Chief Executive Officer Roland Burns - President and Chief Financial Officer Dan Harrison - Chief Operating Officer Conference Call Participants Derrick Whitfield - Texas Capital Kalei Akamine - Bank of America Charles Meade - Johnson Rice Jacob Roberts - TPH & Company Carlos Escalante - Wolfe Research Phillips Johnston - Capital One Greta Drefke - Goldman Sachs Noel Parks - Tuohy Brothers Operator Good day. And thank you for standing by.

Comstock Resources (CRK) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to loss of $0.03 per share a year ago.

DENVER & FRISCO, Texas--(BUSINESS WIRE)--BKV Corporation (NYSE: BKV) (“BKV”) and Comstock Resources, Inc. (NYSE: CRK) ("Comstock") today announced an exclusive, non-binding agreement for BKV to develop carbon capture, utilization and sequestration (“CCUS”) projects at two of Comstock's natural gas processing facilities in its Western Haynesville operating area. As part of the agreement, the companies plan to develop CCUS injection wells to permanently sequester carbon dioxide waste produced at.

DENVER, CO AND FRISCO, TX, April 30, 2025 (GLOBE NEWSWIRE) -- BKV Corporation (NYSE: BKV) (“BKV”) and Comstock Resources, Inc. (NYSE: CRK) ("Comstock") today announced an exclusive, non-binding agreement for BKV to develop carbon capture, utilization and sequestration (“CCUS”) projects at two of Comstock's natural gas processing facilities in its Western Haynesville operating area.

FRISCO, TX, April 30, 2025 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended March 31, 2025.

Upgrading Comstock Resources, Inc. from Sell to Buy due to higher natural gas prices and promising Western Haynesville acreage. Increased disclosure on the Western Haynesville acreage means it's no longer appropriate to value CRK based solely on current free cash flow. Western Haynesville acreage offers significant growth potential, making CRK an attractive investment for those bullish on LNG exports and gas demand.

CRK's first-quarter earnings are expected to have been bolstered by robust production from its lucrative assets, with effective cost management providing additional support.