NYSE:CRKOil and Gas
Comstock Resources (CRK) Is Up 16.5% After Historic Winter Storm Lifts Natural Gas Prices – What’s Changed
In the past week, Comstock Resources, a pure natural gas producer concentrated in the Haynesville Shale, benefited from a rapid rebound in US natural gas futures as traders anticipated stronger heating demand from a historic winter storm.
This episode underscores how tightly Comstock’s prospects are tied to short-term commodity swings, making weather-driven demand shocks especially important for investors to monitor.
We’ll now examine how this weather-driven surge in natural gas prices...