
Comstock Resources (CRK) Stock Forecast & Price Target
Comstock Resources (CRK) Analyst Ratings
Bulls say
Comstock Resources Inc. has increased its operational activity in the Haynesville shale, now deploying four rigs with plans to turn in line (TIL) 32 operated wells in fiscal year 2025, indicating growth and commitment to its core areas. The company has maintained its development and capital expenditures guidance for FY25 at $1-1.1 billion, supporting its strategic objectives and resource development initiatives. Despite challenges related to costs and operational efficiency in the WHV, the overall asset base and geographic positioning offer potential for robust returns as market conditions evolve.
Bears say
Comstock Resources Inc. has revised its FY25 production guidance downward by 6% to a midpoint of 1,275 mmcfe/d, with the newly introduced third quarter guidance of 1,250 mmcfe/d indicating a lack of expected sequential growth in production for the latter half of the year. This reduction in production targets coincides with constraints faced during 2Q25, where several well timelines were delayed, indicating operational challenges and potential inefficiencies within its drilling schedule. Additionally, despite these setbacks, the company has chosen to maintain its capital expenditure guidance, raising concerns about its ability to successfully stabilize production declines in light of these headwinds.
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
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