Q1 Earnings Forecast for CRK Issued By KeyCorp

Comstock Resources, Inc. (NYSE:CRK) – KeyCorp issued their Q1 2025 earnings per share estimates for Comstock Resources in a research report issued on Thursday, October 17th. KeyCorp analyst T. Rezvan forecasts that the oil and gas producer will post earnings per share of $0.09 for the quarter. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for Comstock Resources’ current full-year earnings is ($0.37) per share. KeyCorp also issued estimates for Comstock Resources’ Q2 2025 earnings at $0.02 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.15 EPS, FY2025 earnings at $0.34 EPS, Q1 2026 earnings at $0.35 EPS, Q2 2026 earnings at $0.06 EPS, Q3 2026 earnings at $0.07 EPS and FY2026 earnings at $0.85 EPS.

A number of other brokerages have also recently commented on CRK. Wolfe Research began coverage on Comstock Resources in a research report on Thursday, July 18th. They set a “peer perform” rating on the stock. Piper Sandler downgraded shares of Comstock Resources from a “neutral” rating to an “underweight” rating and dropped their price objective for the company from $8.00 to $5.00 in a report on Thursday, August 15th. Truist Financial lifted their target price on shares of Comstock Resources from $9.00 to $10.00 and gave the stock a “hold” rating in a research note on Monday, September 30th. Siebert Williams Shank lowered shares of Comstock Resources from a “hold” rating to a “sell” rating and set a $9.00 price target on the stock. in a research report on Tuesday, October 15th. Finally, Mizuho cut their price objective on shares of Comstock Resources from $11.00 to $10.00 and set an “underperform” rating for the company in a report on Monday, September 16th. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $9.79.

Comstock Resources Trading Down 1.4 %

Shares of Comstock Resources stock opened at $11.45 on Friday. The firm has a market cap of $3.35 billion, a PE ratio of 52.05 and a beta of 0.47. The stock has a fifty day moving average price of $10.82 and a 200-day moving average price of $10.53. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.59 and a quick ratio of 0.59. Comstock Resources has a 1 year low of $7.07 and a 1 year high of $13.39.

Comstock Resources (NYSE:CRK) last announced its earnings results on Tuesday, July 30th. The oil and gas producer reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.04). Comstock Resources had a negative net margin of 1.48% and a negative return on equity of 1.38%. The company had revenue of $246.80 million for the quarter, compared to analysts’ expectations of $296.02 million. The firm’s revenue for the quarter was down 14.4% compared to the same quarter last year.

Insider Buying and Selling at Comstock Resources

In other Comstock Resources news, major shareholder Star Exploration Corp Blue purchased 825,868 shares of the company’s stock in a transaction dated Wednesday, August 7th. The shares were acquired at an average price of $8.82 per share, for a total transaction of $7,284,155.76. Following the purchase, the insider now directly owns 197,298,165 shares of the company’s stock, valued at $1,740,169,815.30. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, major shareholder Drilling L.P. Arkoma bought 573,453 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The stock was purchased at an average price of $10.64 per share, for a total transaction of $6,101,539.92. Following the completion of the transaction, the insider now owns 203,450,946 shares in the company, valued at $2,164,718,065.44. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Star Exploration Corp Blue acquired 825,868 shares of the company’s stock in a transaction on Wednesday, August 7th. The shares were bought at an average cost of $8.82 per share, with a total value of $7,284,155.76. Following the acquisition, the insider now directly owns 197,298,165 shares in the company, valued at approximately $1,740,169,815.30. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 6,712,733 shares of company stock worth $67,816,851 in the last three months. 1.50% of the stock is currently owned by company insiders.

Institutional Trading of Comstock Resources

A number of large investors have recently made changes to their positions in the business. Blue Trust Inc. bought a new stake in Comstock Resources in the second quarter worth $32,000. EverSource Wealth Advisors LLC boosted its stake in shares of Comstock Resources by 2,533.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,582 shares of the oil and gas producer’s stock worth $34,000 after purchasing an additional 3,446 shares during the period. GAMMA Investing LLC boosted its stake in shares of Comstock Resources by 428.9% during the 1st quarter. GAMMA Investing LLC now owns 4,771 shares of the oil and gas producer’s stock worth $44,000 after purchasing an additional 3,869 shares during the period. Hexagon Capital Partners LLC grew its holdings in Comstock Resources by 2,161.0% during the 1st quarter. Hexagon Capital Partners LLC now owns 4,929 shares of the oil and gas producer’s stock valued at $46,000 after purchasing an additional 4,711 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new stake in Comstock Resources in the 1st quarter worth about $91,000. 36.13% of the stock is currently owned by institutional investors.

Comstock Resources Company Profile

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 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.