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Comstock Resources

CRK

Market cap $4.35B

14.80 USD

+0.21

1.44%

At close Updated Oct 30, 10:51 AM EDT

1 day

1.44%

5 days

5.71%

1 month

20.13%

3 months

16.54%

6 months

-15.04%

Year to date

-37.23%

1 year

-19.48%

5 years

53.21%

10 years

51.64%

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. The company's oil and gas operations are concentrated in Louisiana and Texas.

Employees: 252

Energy Oil & Gas Exploration & Production

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 57.1%

Neutral 28.6%

Negative 14.3%

Zacks Investment Research

Analysts Estimate Comstock Resources (CRK) to Report a Decline in Earnings: What to Look Out for

Comstock (CRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Comstock Resources (CRK) to Report a Decline in Earnings: What to Look Out for

COMSTOCK RESOURCES, INC. ANNOUNCES THIRD QUARTER 2026 EARNINGS DATE AND CONFERENCE CALL INFORMATION

FRISCO, TX, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release its third quarter 2026 results on November 4, 2026 after the market closes and host its quarterly conference call at 10:00 a.m. CT on November 5, 2026 to discuss the third quarter results.

COMSTOCK RESOURCES, INC. ANNOUNCES THIRD QUARTER 2026 EARNINGS DATE AND CONFERENCE CALL INFORMATION

Zacks Investment Research

CRK Advances $1.65B SOCAR Partnership by Signing Framework Agreement

Comstock's $1.65B SOCAR partnership advances, adding LNG market access and greater visibility to its Haynesville growth strategy.

CRK Advances $1.65B SOCAR Partnership by Signing Framework Agreement

COMSTOCK ANNOUNCES SIGNING OF FRAMEWORK AGREEMENT FOR $1.65 BILLION STRATEGIC PARTNERSHIP WITH SOCAR

FRISCO, TX, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE and NYSE Texas: CRK) ("Comstock" or the "Company") announced today that in conjunction with the Azerbaijan International Investment Forum, Comstock and SOCAR entered into a Framework Agreement memorializing the previously announced strategic partnership and SOCAR's $1.65 billion investment in the Haynesville Shale, North America's premier natural gas basin with close proximity to the Gulf of America's LNG export facilities. The Framework Agreement memorializes both parties' mutual commitment to negotiate and execute a definitive purchase and sale agreement consistent with the previously announced letter of intent related to the $1.65 billion strategic partnership. The definitive purchase and sale agreement is anticipated to be signed no later than October 31, 2026, and the transaction is expected to be closed by the end of 2026.

COMSTOCK ANNOUNCES SIGNING OF FRAMEWORK AGREEMENT FOR $1.65 BILLION STRATEGIC PARTNERSHIP WITH SOCAR

Comstock Resources: SOCAR And Jones Family Deals Substantially Improve Its Financial Outlook

Comstock's SOCAR and Jones deals reduce its projected year-end 2027 net debt from around $4 billion to under $2 billion. This relieves financial pressure as it attempts to work on its Western Haynesville economics. The SOCAR deal appears to be around 7x EBITDAX at $3.30 NYMEX natural gas.

Comstock Resources: SOCAR And Jones Family Deals Substantially Improve Its Financial Outlook

Comstock Resources: SOCAR Deal And Jones JV A Strong Vote Of Confidence Yet Risks Remain

Comstock Resources (CRK) retains a Buy rating, suitable only for aggressive, risk-tolerant investors due to ongoing free cash flow outspend through 2027. Recent SOCAR and Jones JV deals inject $1.65 billion in cash, reduce leverage, and provide $450 million in drilling cost coverage, easing near-term liquidity risk. Comstock's investment case hinges on structurally higher US natural gas prices and significant D&C cost reductions in the Western Haynesville by late 2027.

Comstock Resources: SOCAR Deal And Jones JV A Strong Vote Of Confidence Yet Risks Remain

Comstock Resources: A Potential Unexpected Step Forward Surprises The Market

Comstock Resources announces a $400M+ JV with the Jerry Jones family and a preliminary deal to halve its debt via $1.65B in gross proceeds. CRK is trading legacy Haynesville and Pinnacle interests for financial flexibility to drive cost reductions in Western Haynesville. Management and major shareholder Jerry Jones see potential for substantial value creation.

Comstock Resources: A Potential Unexpected Step Forward Surprises The Market

Zacks Investment Research

$1.65B SOCAR Deal & $450M JV Strengthen CRK's Financials & Growth

Comstock's $1.65B SOCAR deal and $450M drilling JV aim to cut debt, fund Haynesville growth and expand natural gas marketing.

$1.65B SOCAR Deal & $450M JV Strengthen CRK's Financials & Growth

Comstock plans to cut debt with $1.65 billion Haynesville stake sale to Azerbaijan's SOCAR

Comstock Resources on Tuesday said it plans to sell stakes in its Haynesville shale assets and related midstream business to Azerbaijan's SOCAR for $1.65 ‌billion in cash, as the U.S. natural gas producer aims to reduce its debt.

Comstock plans to cut debt with $1.65 billion Haynesville stake sale to Azerbaijan's SOCAR

Schaeffers Research

Move Active Options Report: GPRO, NVS, CRK, HWM, FRVO

GoPro Inc (NASDAQ:GPRO) stock is up 72.3% at $1.51, extending its two-day surge after Markiplier disclosed an 8.5% stake worth $9 million.

Move Active Options Report: GPRO, NVS, CRK, HWM, FRVO

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