Comstock Resources, Inc.

NYSE:CRK Stock Report

Market Cap: US$7.4b

Comstock Resources Valuation

Is CRK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CRK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

US$13.49
Fair Value
87.5% overvalued intrinsic discount
14
Number of Analysts

Below Fair Value: CRK ($25.3) is trading above our estimate of fair value ($13.49)

Significantly Below Fair Value: CRK is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CRK?

Key metric: As CRK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CRK. This is calculated by dividing CRK's market cap by their current earnings.
What is CRK's PE Ratio?
PE Ratio109.9x
EarningsUS$67.46m
Market CapUS$7.41b

Price to Earnings Ratio vs Peers

How does CRK's PE Ratio compare to its peers?

The above table shows the PE ratio for CRK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.2x
RRC Range Resources
15.8x14.44%US$9.1b
CNX CNX Resources
17x23.60%US$5.0b
AR Antero Resources
18x13.09%US$10.6b
OVV Ovintiv
42x68.22%US$9.9b
CRK Comstock Resources
109.9x60.27%US$7.4b

Price-To-Earnings vs Peers: CRK is expensive based on its Price-To-Earnings Ratio (109.9x) compared to the peer average (23.2x).

Price to Earnings Ratio vs Industry

How does CRK's PE Ratio compare vs other companies in the US Oil and Gas Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AXAS Abraxas Petroleum
0.09xn/aUS$10.27m
BYRO.F Byron Energy
0.03x-10.28%US$312.17k
NXTF.F Nextraction Energy
0.5xn/aUS$8.49k
AVAC.F Avance Gas Holding
0.00002xn/aUS$7.66k
CRK 109.9xIndustry Avg. 14.2xNo. of Companies21PE0816243240+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CRK is expensive based on its Price-To-Earnings Ratio (109.9x) compared to the US Oil and Gas industry average (13.9x).

Price to Earnings Ratio vs Fair Ratio

What is CRK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CRK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio109.9x
Fair PE Ratio29.7x

Price-To-Earnings vs Fair Ratio: CRK is expensive based on its Price-To-Earnings Ratio (109.9x) compared to the estimated Fair Price-To-Earnings Ratio (29.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CRK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$25.30
US$19.18
-24.20%
29.59%US$32.00US$9.00n/a14
Nov ’26US$18.75
US$18.32
-2.29%
31.18%US$32.00US$9.00n/a14
Oct ’26US$21.34
US$18.39
-13.81%
33.17%US$32.00US$10.00n/a14
Sep ’26US$16.13
US$19.57
+21.34%
34.31%US$32.00US$10.00n/a14
Aug ’26US$16.41
US$21.79
+32.76%
26.61%US$32.00US$12.00n/a14
Jul ’26US$25.26
US$21.79
-13.75%
25.74%US$34.00US$12.00n/a14
Jun ’26US$23.30
US$19.69
-15.48%
21.94%US$27.00US$12.00n/a13
May ’26US$18.87
US$17.92
-5.02%
28.32%US$25.00US$6.00n/a13
Apr ’26US$20.35
US$17.77
-12.68%
30.36%US$25.00US$6.00n/a13
Mar ’26US$17.98
US$16.77
-6.73%
31.39%US$24.00US$6.00n/a13
Feb ’26US$18.56
US$16.38
-11.72%
31.54%US$24.00US$6.00n/a13
Jan ’26US$18.22
US$11.54
-36.65%
29.25%US$17.00US$5.00n/a12
Dec ’25US$15.57
US$10.88
-30.15%
28.96%US$17.00US$5.00n/a12
Nov ’25US$11.15
US$10.14
-9.09%
26.11%US$14.00US$5.00US$18.7511
Oct ’25US$11.16
US$9.55
-14.47%
23.37%US$13.00US$5.00US$21.3411
Sep ’25US$10.63
US$10.09
-5.07%
20.02%US$13.00US$5.00US$16.1311
Aug ’25US$9.07
US$10.36
+14.26%
13.81%US$13.00US$8.00US$16.4111
Jul ’25US$10.23
US$10.09
-1.36%
14.30%US$12.00US$8.00US$25.2611
Jun ’25US$11.71
US$9.91
-15.38%
13.23%US$12.00US$8.00US$23.3011
May ’25US$9.77
US$9.79
+0.22%
18.58%US$13.50US$7.00US$18.8712
Apr ’25US$9.32
US$9.25
-0.75%
17.72%US$13.00US$7.00US$20.3512
Mar ’25US$8.54
US$9.75
+14.17%
20.99%US$14.00US$7.00US$17.9812
Feb ’25US$7.76
US$10.50
+35.31%
18.85%US$15.00US$8.00US$18.5612
Jan ’25US$8.85
US$11.89
+34.31%
18.01%US$15.00US$8.00US$18.2211
Dec ’24US$10.10
US$13.14
+30.06%
15.74%US$17.00US$9.50US$15.5711
Nov ’24US$12.66
US$13.18
+4.12%
16.44%US$17.00US$9.00US$11.1511
US$19.18
Fair Value
31.9% overvalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/16 09:20
End of Day Share Price 2025/11/14 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Comstock Resources, Inc. is covered by 29 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Phillip JungwirthBMO Capital Markets Equity Research
Randy OllenbergerBMO Capital Markets Equity Research
Kaleinoheaokealaula AkamineBofA Global Research