Analysts' ratings for Comstock Resources (NYSE:CRK) over the last quarter vary from bullish to bearish, as provided by 3 analysts. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 1 1 1 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 1 3M Ago 0 0 0 1 0 Analysts have set 12-month price targets for Comstock Resources, revealing an average target of $10.0, a high estimate of $11.00, and a low estimate of $9.00. Observing a 11.11% increase, the current average has risen f

Truist Securities analyst Neal Dingmann maintains Comstock Resources (NYSE:CRK) with a Hold and raises the price target from $8 to $9.

Wolfe Research analyst Doug Leggate reinstates Comstock Resources (NYSE:CRK) with a Peer Perform.

In the preceding three months, 5 analysts have released ratings for Comstock Resources (NYSE:CRK), presenting a wide array of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 0 2 2 Last 30D 0 0 0 0 0 1M Ago 0 0 0 0 1 2M Ago 0 0 0 1 0 3M Ago 1 0 0 1 1 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $10.7, a high estimate of $13.50, and a low estimate of $9.00. Witnessing

Keybanc analyst Tim Rezvan initiates coverage on Comstock Resources (NYSE:CRK) with a Sector Weight rating.

Prompt-month natural gas futures have exceeded $3 per million British thermal units on Monday, marking the highest level since mid-January 2024 and hitting a potential four-day winning streak, spurred by forecasts predicting increased cooling demand due to anticipated warm weather in June. Last week, natural gas prices rose by 12.8%, and are currently eyeing the seventh week of gains out of last eight. “With a blanket of heat stalling over the southern part of the country, market bulls maintained control,” said Jodi Shafto, senior natural gas reporter at Natural Gas Intel. Chart: US Natural Gas Price Have Rallied 95% Since Late April’s Lows NatGasWeather highlighted that much

Ratings for Comstock Resources (NYSE:CRK) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 0 3 2 Last 30D 0 0 0 0 1 1M Ago 0 0 0 1 0 2M Ago 1 0 0 1 1 3M Ago 0 1 0 1 0 In the assessment of 12-month price targets, analysts unveil insights for Comstock Resources, presenting an average target of $10.07, a high estimate of $13.50, and a low estimate of $8.00. This current average

Goldman Sachs analyst Umang Choudhary maintains Comstock Resources (NYSE:CRK) with a Sell and raises the price target from $9 to $10.

Mizuho analyst Nitin Kumar maintains Comstock Resources (NYSE:CRK) with a Underperform and raises the price target from $10 to $11.

FRISCO, TX, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE:CRK) today reported financial and operating results for the quarter ended September 30, 2024. Highlights of 2024's Third Quarter Weak natural gas prices continued to weigh heavily on the third quarter financial results.Natural gas and oil sales, including realized hedging gains, were $305 million.Operating cash flow was $152 million or $0.52 per diluted share.Adjusted EBITDAX for the quarter was $202 million.Adjusted net loss was $48.5 million or $0.17 per share for the quarter.Lower completion activity was planned for the quarter, resulting in eight (5.4 net) operated wells being t

FRISCO, TX, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release its third quarter 2024 results on October 30, 2024 after the market closes and host its quarterly conference call at 10:00 a.m. CT on October 31, 2024 to discuss the third quarter results.   Parties interested in participating in the conference call telephonically will need to register at https://register.vevent.com/register/BI25940ff3de024e45b06512519e9e6a64. Upon registering to participate in the conference call, participants will receive the dial-in number and a personal PIN number to access the conference call. On the day of the call, please dial in at least 15 minutes in advance to ens

WhiteHawk closes acquisition of additional Marcellus Shale natural gas mineral and royalty assets adding interests in approximately 435,000 gross unit acres Acquisition expands WhiteHawk's natural gas mineral and royalty ownership into West Virginia, adding Antero Resources as a key operator Acquisition generates cash flow from over 1,200 wells, more than 600 of which are new to WhiteHawk's ownership interest WhiteHawk now owns natural gas mineral and royalty interests across approximately 1,050,000 gross unit acres in the core of the Marcellus and Haynesville Shales with interests in over 3,400 producing wells WhiteHawk Energy, LLC ("WhiteHawk" or the "Company") announced today th

FRISCO, TX, July 30, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE:CRK) today reported financial and operating results for the quarter ended June 30, 2024. Highlights of 2024's Second Quarter Very weak natural gas prices weighed heavily on the second quarter financial results.Natural gas and oil sales, including realized hedging gains, were $278 million.Operating cash flow was $118 million or $0.41 per diluted share.Adjusted EBITDAX for the quarter was $167 million.Adjusted net loss was $58.2 million or $0.20 per share for the quarter.Enhanced liquidity with $400 million, 6.75% senior notes issuance.Steady results from the Haynesville shale drillin

FRISCO, TX, June 24, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release its second quarter 2024 results on July 30, 2024 after the market closes and host its quarterly conference call at 10:00 a.m. CT on July 31, 2024 to discuss the second quarter results.   Parties interested in participating in the conference call telephonically will need to register at https://register.vevent.com/register/BI3dd152694a074bc28172df7314b38fa6. Upon registering to participate in the conference call, participants will receive the dial-in number and a personal PIN number to access the conference call. On the day of the call, please dial in at least 15 minutes in advance to ensure a

FRISCO, TX, May 01, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE:CRK) today reported financial and operating results for the quarter ended March 31, 2024. Highlights of 2024's First Quarter Continued weak natural gas prices weighed heavily on the first quarter results.Natural gas and oil sales, including realized hedging gains, were $336 million.Operating cash flow was $182 million or $0.65 per diluted share.Adjusted EBITDAX for the quarter was $230 million.Adjusted net loss was $8.5 million for the quarter.Added $100.5 million of liquidity with a private placement equity offering to majority stockholder.Solid results from the Haynesville shale dr

FRISCO, TX, April 05, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release first quarter 2024 results on May 1, 2024 after the market closes and host its quarterly conference call at 10:00 a.m. CT on May 2, 2024 to discuss the first quarter results.   Parties interested in participating in the conference call telephonically will need to register at https://register.vevent.com/register/BI8bd2e2b2cbc74630942006e39bfd6cb5. Upon registering to participate in the conference call, participants will receive the dial-in number and a personal PIN number to access the conference call. On the day of the call, please dial in at least 15 minutes in advance to ensure a timely c

FRISCO, TX, April 02, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) ("Comstock" or the "Company") announced today the pricing of its private placement of new 6.75% senior unsecured notes due 2029 in the aggregate amount of $400.0 million, which was increased from the originally proposed $375.0 million (the "Notes"). The Notes will be issued at 93% of par. The offering is expected to close on April 9, 2024, subject to customary closing conditions. The aggregate net proceeds from the sale of the Notes are expected to be approximately $365.0 million, after deducting the initial purchasers' discounts and other offering expenses. The Company intends to use such proceeds to repay

FRISCO, TX, April 02, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE:CRK) announced today that, subject to market conditions, it intends to offer $375.0 million principal amount of its 6.75% senior notes due in 2029 (the "New Notes") in a private placement to eligible purchasers. The New Notes are a mirror issue to the Company's existing 6.75% senior notes due 2029 (the "Original Notes"), of which $1,223.9 million aggregate principal amount is currently outstanding. The New Notes will have substantially identical terms as the Original Notes; however, the New Notes will be issued under a separate indenture and have a different CUSIP number from the Or

FRISCO, TX, March 20, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE:CRK) announces that its majority shareholder, Jerry Jones, has agreed to make an additional $100,450,000 equity investment in the Company through two entities he controls. The Jones entities will acquire 12,500,000 shares of common stock in the private placement at a price of $8.036 per share, which represents the average of the closing prices for the five trading days ended March 20, 2024. Closing of the transaction is subject to customary closing conditions. Following the equity investment, Jerry Jones will own approximately 67% of the Company's common shares outstanding, up from 6