Comstock Resources

Refined Western Haynesville Drilling Will Unlock Enduring Resource Potential

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

26 May 25

Updated

09 Dec 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

22.2%

7D

-19.9%

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1Y

22.2%

7D

-19.9%

You can edit this narrative until Dec 10 4:05 PM. Then, changes will post as Updates.

Author's Valuation

US$20.435.2% overvalued

AnalystConsensusTarget Fair Value

Shared on 09 Dec 25

Fair value Increased 4.95%

CRK: Secular Gas Demand Will Not Offset Weaker Returns Outlook

Analysts have nudged their fair value estimate for Comstock Resources higher, lifting the price target by nearly $1 to reflect slightly lower discount rates, stronger expected revenue growth and higher future valuation multiples, even as near term Street targets such as the recent move to $9 continue to embed caution around margins and capital efficiency. Analyst Commentary Street research remains divided on the appropriate risk premium and growth trajectory for Comstock Resources, with recent target changes highlighting both the potential upside from secular gas demand and the execution risks tied to capital deployment.

Shared on 25 Nov 25

Fair value Increased 3.42%

CRK: Weaker Margins And Sector Adjustments Will Pressure Returns Ahead

Analysts have slightly increased their price target for Comstock Resources from $18.82 to $19.46, citing stronger revenue growth projections. This comes despite some concerns over profit margins and sector-wide estimate adjustments ahead of Q3 earnings.

Shared on 06 Nov 25

Fair value Increased 1.93%

CRK: Persistent Natural Gas Oversupply Will Pressure Returns Through 2026

Comstock Resources' analyst price target has decreased substantially, with recent updates lowering expectations to a range of $9 to $14 per share. Analysts cite ongoing commodity headwinds and persistent oversupply, particularly in the natural gas sector, as key factors behind the adjustment.

Shared on 17 Sep 25

Fair value Decreased 3.00%

Comstock Resources' consensus price target has been revised down from $19.04 to $18.46, as analysts cite persistent weakness and oversupply in natural gas markets, disappointing Q2 results, and an elevated valuation relative to peers. Analyst Commentary Bearish analysts cite persistent commodity headwinds, especially weak and oversupplied natural gas markets, as a major factor dampening upside potential.

Shared on 27 Aug 25

Fair value Decreased 6.82%

Comstock Resources’ consensus price target was revised downward to $19.64 amid persistent natural gas price headwinds, oversupply concerns, weaker production outlook, and premium valuation relative to peers. Analyst Commentary Persistent commodity and natural gas price headwinds limiting upside potential.

AnalystConsensusTarget Fair Value

US$20.43

5.2% overvalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

13.26%

Oil and Gas revenue growth rate

1.22%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

7.05%

Calculation

US$376.49m

Earnings '28

x

19.46x

PE Ratio '28

=

US$7.32b

Market Cap '28

US$7.32b

Market Cap '28

/

293.46m

No. shares '28

=

US$24.96

Share Price '28

US$24.96 Share Price '28

Discounted to 2025 @ 6.96% p.a.

=

US$20.40

Fair Value '25