Comstock Resources (CRK) Expected to Release Earnings on Wednesday

Comstock Resources (NYSE:CRK) is projected to issue its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $419.2220 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning report 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 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.08). The business had revenue of $587.35 million during the quarter, compared to analysts’ expectations of $554.01 million. Comstock Resources had a net margin of 27.18% and a return on equity of 5.54%. Comstock Resources’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.18 EPS. 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 Stock Performance

Comstock Resources stock opened at $13.53 on Monday. The stock has a fifty day moving average price of $13.63 and a 200 day moving average price of $17.59. Comstock Resources has a 52 week low of $12.44 and a 52 week high of $28.10. The firm has a market capitalization of $3.97 billion, a P/E ratio of 6.18 and a beta of 0.10. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.96.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC acquired a new stake in shares of Comstock Resources in the third quarter worth $27,000. Kemnay Advisory Services Inc. purchased a new position in shares of Comstock Resources in the 4th quarter valued at $29,000. iSAM Funds UK Ltd acquired a new position in shares of Comstock Resources during the 3rd quarter valued at $38,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Comstock Resources during the 4th quarter valued at $62,000. Finally, EverSource Wealth Advisors LLC boosted its position in 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 worth $78,000 after purchasing an additional 2,606 shares during the period. 36.13% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on CRK. The Goldman Sachs Group lowered their price target on Comstock Resources from $13.00 to $10.00 and set a “sell” rating for the company in a report on Tuesday, June 30th. Williams Trading set a $16.00 target price on shares of Comstock Resources in a research report on Thursday, May 14th. Zacks Research downgraded shares of Comstock Resources from a “hold” rating to a “strong sell” rating in a report on Thursday, July 16th. UBS Group reaffirmed a “sell” rating and set a $13.00 price target (down from $17.00) on shares of Comstock Resources in a research report on Monday, May 11th. Finally, Citigroup cut their price target on shares of Comstock Resources from $19.00 to $16.00 and set a “neutral” rating on the stock in a research note on Monday, July 20th. Six equities research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price 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.