Comstock Resources
About: Comstock Resources Inc is an independent natural gas producer operating in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas with superior economics given its geographical proximity to the Gulf Coast natural gas markets. The Company operates in one business segment, the exploration and production of North American natural gas and oil. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. Its oil and gas operations are concentrated in Louisiana and Texas.
Employees: 256
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
338% more call options, than puts
Call options by funds: $107M | Put options by funds: $24.5M
90% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 30
9% more funds holding
Funds holding: 254 [Q4 2024] → 277 (+23) [Q1 2025]
5.04% less ownership
Funds ownership: 30.72% [Q4 2024] → 25.68% (-5.04%) [Q1 2025]
7% less capital invested
Capital invested by funds: $1.64B [Q4 2024] → $1.53B (-$106M) [Q1 2025]
34% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 100
40% less funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 3 (-2) [Q1 2025]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Citigroup Paul Diamond | 7%upside $27 | Neutral Maintained | 13 Jun 2025 |
B of A Securities Kalei Akamine | 7%upside $27 | Buy Maintained | 23 May 2025 |
Piper Sandler Mark Lear | 53%downside $12 | Underweight Maintained | 13 May 2025 |
Mizuho Nitin Kumar | 5%downside $24 | Neutral Maintained | 13 May 2025 |
UBS Peyton Dorne | 25%downside $19 | Neutral Initiated | 22 Apr 2025 |
Financial journalist opinion
Based on 5 articles about CRK published over the past 30 days
