Professional
Added to YB: 2025-11-28
Pitch date: 2025-11-26
CRK [neutral]
Comstock Resources, Inc.
-15.48%
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
$25.64
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.29
P/E
108.28
EV/Sales
6.00
Sector
Oil, Gas and Consumable Fuels
Category
N/A
Pernas Research Passes On: Comstock Resources, Inc.
CRK (pass): Nat gas E&P w/ low-cost Haynesville production, $7.3B mkt cap, 11x EV/EBITDA. Bull case relies on AI datacenter demand driving gas prices higher, but even optimistic 50-100 GW incremental power need by 2030 = only ~10% US gas production. 200 GW new renewables expected, keeping aggregate gas demand flat.
Read full article (1 min)