Comstock Resources poised to benefit from rising natural gas demand, stock price could double by 2027
From Yahoo Finance: 2025-06-24 11:50:00
Comstock Resources (CRK) is a low-cost gas producer positioned to benefit from rising demand for natural gas. With a disciplined focus on extraction and a strong production profile, the company is set to capitalize on favorable market conditions and could see its stock price double by 2027.
Led by Jay Allison, CRK operates over 2,400 wells and produces approximately 1,350 MMcf/day of dry gas. The company’s recent expansion into the Western Haynesville zone strengthens its long-term profile, while its lean cost structure and proximity to LNG terminals position it well for future growth in the natural gas market.
While CRK is not among the 30 Most Popular Stocks Among Hedge Funds, it presents a compelling investment opportunity. With 20 hedge fund portfolios holding the stock at the end of the first quarter, the company’s potential for high returns and limited downside risk make it an attractive option for investors seeking exposure to the natural gas sector.
Read more: Comstock Resources, Inc. (CRK): A Bull Case Theory