CRK Stock Recent News

Comstock Resources (CRK) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.05. This compares to earnings of $1 per share a year ago.

FRISCO, TX, July 05, 2023 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release second quarter 2023 results on July 31, 2023 after the market closes and host its quarterly conference call at 10:00 a.m. CT on August 1, 2023 to discuss the second quarter results.

Comstock Resources, Inc. has struggled over the past 8 months as gas prices have declined. We think that period is coming to an end and better gas prices will boost Comstock stock. Investors looking for growth and income may want to consider Comstock Resources stock.

Natural gas prices have plunged in 2023.

With natural gas prices depreciating significantly in 2023, we advise focusing on fundamentally sound companies like CHK and LNG.

Comstock's TSR over the last five years has trailed that of the S&P 500. However, with dividends restored, thanks to strong FCF growth, the company has the tools to close the gap.

Comstock Resources, Inc. is an independent E&P that operates in the Haynesville Shale. The price of natural gas has fallen substantially this year due to a supply glut, and it does not appear that this is likely to change in the near term.

FRISCO, TX, April 03, 2023 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release first quarter 2023 results on May 2, 2023 after the market closes and host its quarterly conference call at 10:00 a.m. CT on May 3, 2023 to discuss the first quarter results.

Has natural gas bottomed?

3.8% dividend yield, with lowest-in-the-industry cost structure which helps generate >80% EBITDAX margins. 1,445 MMcfe/d of production with a 3-year-CAGR of 21%.