Company Overview:
Comstock Resources
CRK is accelerating natural gas production, reinforcing its position in the Western Haynesville play, a key U.S. gas region.
Key Catalysts:
Production Expansion & Strategic Acquisitions ⛽
Increasing drilling rigs from 5 to 7 for higher output.
Acquired 64,000 net acres in Haynesville, boosting reserves & market share.
Investment in Drilling & Midstream Infrastructure 🏗️
$1.0-$1.1 billion planned for 46 horizontal wells in 2025.
$130-$150 million allocated to midstream development, optimizing gas transport & profitability.
Market Strength & Growth Outlook 📈
Positioned to capitalize on rising U.S. natural gas demand & global LNG expansion.
Investment Outlook:
Bullish Case: We are bullish on CRK above $15.50-$16.00, supported by production growth & infrastructure investment.
Upside Potential: Our price target is $30.00-$31.00, driven by expansion, operational efficiency, and market strength.
🔥 CRK – Fueling the Future of U.S. Natural Gas. #CRK #NaturalGas #EnergyStocks
Comstock Resources
CRK is accelerating natural gas production, reinforcing its position in the Western Haynesville play, a key U.S. gas region.Key Catalysts:
Production Expansion & Strategic Acquisitions ⛽
Increasing drilling rigs from 5 to 7 for higher output.
Acquired 64,000 net acres in Haynesville, boosting reserves & market share.
Investment in Drilling & Midstream Infrastructure 🏗️
$1.0-$1.1 billion planned for 46 horizontal wells in 2025.
$130-$150 million allocated to midstream development, optimizing gas transport & profitability.
Market Strength & Growth Outlook 📈
Positioned to capitalize on rising U.S. natural gas demand & global LNG expansion.
Investment Outlook:
Bullish Case: We are bullish on CRK above $15.50-$16.00, supported by production growth & infrastructure investment.
Upside Potential: Our price target is $30.00-$31.00, driven by expansion, operational efficiency, and market strength.
🔥 CRK – Fueling the Future of U.S. Natural Gas. #CRK #NaturalGas #EnergyStocks
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.