Added to YB: 2025-08-21
Pitch date: 2025-08-20
CRK [bullish]
Comstock Resources, Inc.
+40.44%
current return
Author Info
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Company Info
Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States.
Market Cap
$7.4B
Pitch Price
$15.43
Price Target
100.00 (+361%)
Dividend
N/A
EV/EBITDA
11.29
P/E
108.28
EV/Sales
6.00
Sector
Oil, Gas and Consumable Fuels
Category
N/A
Spicy #1 - Update 2, Ripping off the Financing Band-Aid - Comstock Resources, Inc.
CRK: Recent $30M raise at $2.25 (30% dilution) larger & cheaper than expected, but cleans balance sheet, funds first Metals plant, eliminates toxic financing cycle. Multiple new MSAs signed. Competitor SolarCycle struggling - market share opportunity. Despite dilution, 2030 valuation only drops 23% to $100/share. Still multi-bagger potential.
Read full article (6 min)