Added to YB: 2026-05-18
Pitch date: 2026-05-15
CRK [bullish]
Comstock Resources, Inc.
+2.92%
current return
Author Info
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Company Info
Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States.
Market Cap
$4.3B
Pitch Price
$14.72
Price Target
55.24 (+265%)
Dividend
N/A
EV/EBITDA
7.25
P/E
6.90
EV/Sales
3.80
Sector
Oil, Gas and Consumable Fuels
Category
value
Comstock Resources (CRK) Deep Dive
CRK: Pure-play nat gas producer w/ 66 Tcf reserves, 30yr inventory at $5/Mcf gas. Lowest cost in basin at $0.93/Mcfe (43% below peers). Sits on Western Haynesville acreage tied to NextEra 5.2GW data center hub. 23-30 Bcf/d demand growth vs 15-25 Bcf/d supply by 2030 = structural deficit. DCF at $5 gas = $55 PT (268% upside, 43% 3.6yr CAGR). Risks: mild winters, hedge book caps upside, LNG/AI delays, excess supply growth. Trades $15 on weather-driven selloff despite low cost position & demand inflection.
Read full article (8 min)