Comstock Resources (CRK) to Release Quarterly Earnings on Tuesday

Comstock Resources (NYSE:CRK) will likely be announcing its Q1 2026 results after the market closes on Tuesday, May 5th. Analysts expect the company to announce earnings of $0.23 per share and revenue of $554.0150 million for the quarter. Investors may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Wednesday, May 6, 2026 at 11:00 AM ET.

Comstock Resources (NYSE:CRK) last released its quarterly earnings data on Wednesday, February 11th. The oil and gas producer reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.05. Comstock Resources had a return on equity of 6.30% and a net margin of 17.80%.The company had revenue of $787.32 million for the quarter, compared to the consensus estimate of $504.66 million. During the same period in the previous year, the business earned $0.16 earnings per share. The company’s quarterly revenue was up 115.5% on a year-over-year basis. 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 Stock Performance

NYSE:CRK opened at $17.34 on Monday. The stock has a market capitalization of $5.09 billion, a P/E ratio of 12.30 and a beta of 0.22. 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 1 year low of $14.65 and a 1 year high of $31.17. The firm has a 50 day moving average of $19.33 and a 200-day moving average of $21.17.

Wall Street Analysts Forecast Growth

CRK has been the subject of a number of research analyst reports. Morgan Stanley set a $19.00 target price on shares of Comstock Resources in a research note on Friday, February 13th. UBS Group set a $17.00 target price on shares of Comstock Resources in a research note on Friday, February 13th. Wall Street Zen lowered shares of Comstock Resources from a “hold” rating to a “sell” rating in a research note on Saturday, April 25th. Bank of America lowered shares of Comstock Resources from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $27.00 to $24.00 in a research note on Friday, January 16th. Finally, Citigroup reissued a “neutral” rating on shares of Comstock Resources in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Comstock Resources presently has a consensus rating of “Reduce” and an average price target of $20.88.

Insiders Place Their Bets

In other Comstock Resources news, VP Patrick Mcgough sold 48,915 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $21.20, for a total value of $1,036,998.00. Following 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. CreativeOne Wealth LLC raised its holdings in Comstock Resources by 3.7% in the 3rd quarter. CreativeOne Wealth LLC now owns 13,931 shares of the oil and gas producer’s stock valued at $276,000 after acquiring an additional 500 shares during the period. Natixis Advisors LLC raised its holdings in Comstock Resources by 2.0% in the 4th quarter. Natixis Advisors LLC now owns 29,703 shares of the oil and gas producer’s stock valued at $689,000 after acquiring an additional 572 shares during the period. Smartleaf Asset Management LLC raised its holdings in Comstock Resources by 27.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,942 shares of the oil and gas producer’s stock valued at $94,000 after acquiring an additional 857 shares during the period. Kemnay Advisory Services Inc. bought a new position in Comstock Resources in the 4th quarter valued at about $29,000. Finally, Advisory Services Network LLC bought a new position in Comstock Resources in the 3rd quarter valued at about $27,000. 36.13% of the stock is owned by institutional investors.

About Comstock Resources

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.