Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
Comstock Resources Inc(CRK)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CRK
10/02/2026: CRK (1-star) is currently NOT-A-BUY. Pass it for now.
Comstock Resources is an independent energy producer primarily focused on natural gas extraction within the Haynesville shale. The company benefits from a strategic location near Gulf Coast LNG export terminals, which supports long-term growth prospects as global demand for natural gas rises. Key strengths include its specialized operational expertise and high-quality resource inventory. However, the company faces significant risks from volatile commodity prices and a substantial debt load that necessitates disciplined capital management. It is best suited for investors with a high risk tolerance who are looking for exposure to natural gas production cycles, with progress on debt reduction and production efficiency being key developments to monitor.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is largely dependent on successful capital deployment in a cyclical commodity market. |
| Momentum investor | Strong fit while signal remains positive | The stock tends to show high beta and volatility, reacting strongly to natural gas price movements. |
| Value investor | Mixed fit | Valuation is often tied to volatile reserve estimates and future commodity pricing, making intrinsic value difficult to anchor. |
| Dividend investor | Mixed fit | Dividend reliability is tied to the cyclical nature of energy cash flows. |
| Low-risk investor | Weak fit | The company's high leverage and exposure to commodity price volatility make it unsuitable for risk-averse investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Revenue and profitability are directly dictated by highly volatile global and regional natural gas prices. |
| Valuation risk | Medium / high | Market pricing of the stock often reflects speculative future gas prices rather than current tangible book value. |
| Competition risk (Natural Gas Producers) | Medium | The company competes with much larger players like EQT and CHK that benefit from economies of scale. |
| Business quality | Medium | While operating in high-quality basins, the business model is inherently cyclical and capital-intensive. |
| Dividend income | Medium | Dividend payouts are variable and depend on cyclical cash flow generation. |
| Execution risk | Medium | Operational success requires efficient drilling and completion of wells in complex geological environments. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit -8.58% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/02/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.77B USD | Price to earnings Ratio 6.9 | 1Y Target Price 16.18 |
Price to earnings Ratio 6.9 | 1Y Target Price 16.18 | ||
Volume (30-day avg) 2.8M shares | Beta 0.14 | 52 Weeks Range 12.12 - 28.10 | Updated Date 10/02/2026 |
52 Weeks Range 12.12 - 28.10 | Updated Date 10/02/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.86 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Natural Gas Production | Extraction and sale of natural gas from the Haynesville/Bossier shale formations. | The majority of revenue comes from selling natural gas; keep an eye on Henry Hub prices. |
| Oil and Condensate Sales | Sale of liquid hydrocarbons extracted during gas production operations. | Secondary revenue stream that provides some cushion during gas price downturns. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 6.9 | Forward PE 46.3 | Enterprise Value 7.08B | Price to Sales(TTM) 2 |
Enterprise Value 7.08B | Price to Sales(TTM) 2 | ||
Enterprise Value to Revenue 3.76 | Enterprise Value to EBITDA 4.79 | Shares Outstanding 293.62M | Shares Floating 63.47M |
Shares Outstanding 293.62M | Shares Floating 63.47M | ||
Percent Insiders 73.25 | Percent Institutions 31.12 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Comstock Resources Inc
Exchange NYSE | Headquarters Frisco, TX, United States | ||
IPO Launch date 1990-03-26 | Chairman of the Board & CEO Mr. Miles Jay Allison J.D. | ||
Sector Energy | Industry Oil & Gas E&P | Full time employees 252 | |
Full time employees 252 | |||
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. Its assets covering an area of approximately 1,069,991 acres are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. The company was incorporated in 1919 and is headquartered in Frisco, Texas.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.