Comstock Resources (CRK) Projected to Post Earnings on Tuesday

Key Points

• Comstock Resources (CRK) is expected to report Q1 2026 results after the market close on Tuesday, May 5, with analysts forecasting $0.2559 EPS and $520.26 million in revenue; an earnings call is scheduled for May 6 at 11:00 AM ET.
• In the prior quarter the company beat estimates, reporting $0.16 EPS and $787.32 million in revenue (a 115.5% year‑over‑year increase), and analysts now expect about $1.00 EPS for both the current and next fiscal year.
• Shares opened at $16.86 with a market cap of $4.95 billion and a PE of 11.95; insider VP Patrick McGough sold 48,915 shares (reducing his stake ~20.7%), institutional ownership is ~36.1%, and the analyst consensus is an average rating of "Reduce" with a $20.88 target.

Comstock Resources (NYSE:CRK - Get Free Report) is anticipated to post its Q1 2026 results after the market closes on Tuesday, May 5th. Analysts expect Comstock Resources to post earnings of $0.2559 per share and revenue of $520.26 million for the quarter. Individuals may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Wednesday, May 6, 2026 at 11:00 AM ET.

Comstock Resources (NYSE:CRK - Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The oil and gas producer reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.05. The business had revenue of $787.32 million during the quarter, compared to the consensus estimate of $504.66 million. Comstock Resources had a return on equity of 6.30% and a net margin of 17.80%.The firm's revenue was up 115.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.16 earnings per share. On average, analysts expect Comstock Resources to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Comstock Resources Trading Down 0.5%

NYSE CRK opened at $16.86 on Tuesday. The stock has a 50-day simple moving average of $19.42 and a 200 day simple moving average of $21.20. The company has a market capitalization of $4.95 billion, a PE ratio of 11.95 and a beta of 0.39. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.95. Comstock Resources has a 12 month low of $14.65 and a 12 month high of $31.17.

Insider Buying and Selling at Comstock Resources

In other news, VP Patrick Mcgough sold 48,915 shares of the company's stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $21.20, for a total transaction of $1,036,998.00. Following the completion of the transaction, the vice president directly owned 187,516 shares of the company's stock, valued at $3,975,339.20. This represents a 20.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CRK. AQR Capital Management LLC acquired a new position in shares of Comstock Resources during the first quarter worth about $627,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Comstock Resources by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 55,236 shares of the oil and gas producer's stock valued at $1,124,000 after purchasing an additional 2,697 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Comstock Resources by 67.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,086,868 shares of the oil and gas producer's stock valued at $22,107,000 after purchasing an additional 437,476 shares during the last quarter. Intech Investment Management LLC boosted its position in Comstock Resources by 26.0% during the first quarter. Intech Investment Management LLC now owns 65,289 shares of the oil and gas producer's stock valued at $1,328,000 after purchasing an additional 13,485 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in Comstock Resources during the second quarter valued at approximately $93,000. 36.13% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Citigroup reiterated a "neutral" rating on shares of Comstock Resources in a report on Wednesday, April 15th. Morgan Stanley set a $19.00 price target on Comstock Resources in a report on Friday, February 13th. UBS Group set a $17.00 price target on Comstock Resources in a report on Friday, February 13th. Wall Street Zen downgraded Comstock Resources from a "hold" rating to a "sell" rating in a report on Saturday. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Comstock Resources in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Reduce" and an average target price of $20.88.

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.

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