
Comstock Resources (CRK) Stock Forecast & Price Target
Comstock Resources (CRK) Analyst Ratings
Bulls say
Comstock Resources Inc. has increased its drilling activity in the Haynesville shale, operating four rigs and planning to bring online 32 operated wells in FY25, which reflects a commitment to boosting production capabilities. The company has set its development and completion capital expenditure guidance for FY25 at $1-1.1 billion, indicating a strategic investment in expanding its operational footprint in a highly economical region for natural gas. Despite challenges related to costs, Comstock's focus on efficient resource development and geographic advantages positions it well for potential growth in the natural gas market.
Bears say
Comstock Resources, Inc. has lowered its fiscal year 2025 production guidance by 6% to a midpoint of 1,275 mmcfe/d, marking a notable deviation from previous expectations of sequential growth in the latter half of the year. Additionally, the company’s third-quarter 2025 production guidance of 1,250 mmcfe/d is significantly below the prior forecasts and third-party estimates, suggesting a continued struggle in production stability. The maintenance of capital expenditure guidance amid these production challenges and delays in well timelines further underscores the difficulties facing the company in achieving operational efficiency and growth.
This aggregate rating is based on analysts' research of Comstock Resources and is not a guaranteed prediction by Public.com or investment advice.
Comstock Resources (CRK) Analyst Forecast & Price Prediction
Start investing in Comstock Resources (CRK)
Order type
Buy in
Order amount
Est. shares
0 shares