Comstock Resources (CRK)
Producer of Haynesville and Bossier natural gas with integrated gathering and treating.
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Produces and sells natural gas from Haynesville and Bossier shale acreage in Louisiana and Texas, supplemented by third-party gas resale and gathering and treating fees. Nearly all proved reserves are concentrated in those plays, and Jones-controlled entities hold majority voting power.
Explores for, develops and produces natural gas from the Haynesville and Bossier shales in North Louisiana and East Texas, including the deeper Western Haynesville extension. Revenue comes primarily from selling produced gas, alongside third-party gas resale and gathering and treating fees; oil output is immaterial.
Drills long horizontal and horseshoe wells, expands inventory through direct leasing and undeveloped-acreage purchases, and operates nearly all of its proved reserve base. Pinnacle Gas Services supplies pipelines and treating plants for Western Haynesville, with the parent retaining control after selling a minority interest.
Results depend heavily on natural-gas prices and Gulf Coast market access, while drilling, emissions, wastewater, well-plugging and pipeline operations remain subject to federal and state regulation. Jerry Jones-controlled entities own a majority of the shares.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 17, 2026 | Truist Financial | Target | Target: $10 | Target: $16 |
| Sep 9, 2026 | UBS | Reiterate | Rating: —Target: $13 | Target: $14 |
| Sep 2, 2026 | BMO Capital | Reiterate | Rating: —Target: $11 | Target: $17 |
| Sep 1, 2026 | Roth Capital | Reiterate | Rating: —Target: $13 | Target: $14 |
| Sep 1, 2026 | Mizuho Securities | Target | Target: $19 | Target: $20 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $45.0M · Total debt $3.17B · Total assets $7.52B · Shareholders' equity $2.58B
- Revenue
- $351.7M
- Operating income
- $21.0M
- Net income
- $8.8M
HistoryDividendAnnual yield
| Institutions | 25.46% | 74.75M shares | |
|---|---|---|---|
| 339 holders · as of Jun 30, 2026 | |||
| Insiders | 2.31% | 6.78M shares | |
| 12 holders · as of Jun 8, 2026 | |||
| Other | 72.23% | 212.09M shares | |
| remainder | |||
293.62M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Key Group Long Term Investments LPInstitution | 5.12% | 15.04M | filed Dec 3, 2025 |
BlackRock, Inc.Institution | 4.03% | 11.84M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 3.98% | 11.68M | as of Jun 30, 2026 |
State Street CorpInstitution | 1.82% | 5.34M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 1.63% | 4.78M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 5, 2026 | Patrick McGough | officer: Vice President of Operations | −48,915 | $21.21 |
- Expand Energy
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Comstock Resources | $13.62 | +4.61% | $3.82B | 7.5 | 36.6 | 2.0 | −24.9% |
| Expand Energy | $87.93 | +0.32% | $20.29B | 7.6 | 11.1 | 1.5 | −19.8% |
| EQT | $50.77 | +1.27% | $31.36B | 11.0 | 15.4 | 3.4 | −29.2% |
| Antero Resources | $34.82 | +2.53% | $10.44B | 9.8 | 8.2 | 1.9 | +29.6% |
| Range Resources | $38.74 | +2.43% | $8.84B | 10.4 | 10.6 | 2.7 | +19.1% |
| CNX Resources | $33.07 | +0.88% | $4.85B | 5.4 | 9.9 | 2.0 | −35.7% |
| Gulfport Energy | $158.71 | +1.63% | $2.81B | 6.2 | 6.4 | 1.9 | +3.8% |
| BKV | $23.10 | +0.65% | $2.51B | 8.4 | 14.7 | 2.0 | +127.9% |
| Median | 8.4 | 10.6 | 2.0 | +3.8% |