Comstock Resources (CRK) Projected to Announce Earnings on Wednesday

Comstock Resources (NYSE:CRK) is expected to issue its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Comstock Resources to post earnings of $0.02 per share and revenue of $418.8590 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 11:00 AM ET.

Comstock Resources (NYSE:CRK) last announced its quarterly earnings data on Tuesday, May 5th. The oil and gas producer reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.08). Comstock Resources had a net margin of 27.18% and a return on equity of 5.54%. The firm had revenue of $587.35 million during the quarter, compared to analysts’ expectations of $554.01 million. During the same quarter in the previous year, the business posted $0.18 EPS. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. On average, analysts expect Comstock Resources to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Comstock Resources Trading Up 3.0%

Shares of CRK opened at $13.28 on Wednesday. Comstock Resources has a 52-week low of $12.44 and a 52-week high of $28.10. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.96. The firm’s fifty day moving average is $13.69 and its two-hundred day moving average is $17.79. The stock has a market cap of $3.90 billion, a PE ratio of 6.06 and a beta of 0.10.

Institutional Investors Weigh In On Comstock Resources

Several hedge funds and other institutional investors have recently bought and sold shares of CRK. Advisory Services Network LLC purchased a new position in Comstock Resources during the third quarter worth about $27,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Comstock Resources in the 4th quarter valued at approximately $29,000. iSAM Funds UK Ltd acquired a new stake in shares of Comstock Resources during the 3rd quarter worth approximately $38,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Comstock Resources during the 4th quarter worth approximately $62,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Comstock Resources by 1,190.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,825 shares of the oil and gas producer’s stock valued at $78,000 after buying an additional 2,606 shares during the period. 36.13% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on CRK shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Comstock Resources in a research report on Wednesday, May 20th. Zacks Research lowered shares of Comstock Resources from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 16th. Citigroup dropped their price objective on shares of Comstock Resources from $19.00 to $16.00 and set a “neutral” rating for the company in a research note on Monday. The Goldman Sachs Group cut their price objective on shares of Comstock Resources from $13.00 to $10.00 and set a “sell” rating for the company in a report on Tuesday, June 30th. Finally, Mizuho decreased their target price on shares of Comstock Resources from $25.00 to $21.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 27th. Six investment analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $15.22.

Comstock Resources Company Profile

Comstock Resources, Inc is an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties in the United States. The company focuses on generating long-term value through the efficient development of unconventional resource plays and conventional prospects. Its activities encompass drilling, completion and production operations, as well as the marketing of natural gas, natural gas liquids and crude oil.

Comstock holds a core position in the Haynesville Shale of Northwest Louisiana, one of the most active natural gas plays in North America, and has built a complementary portfolio in the Delaware Basin of West Texas.