Comstock Resources with ticker code (CRK) now have 12 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 19 and 7.5 with a mean TP of 12.48. Now with the previous closing price of 7.71 this would imply there is a potential upside of 61.9%. The 50 day MA is 8.18 while the 200 day moving average is 7.62. The market capitalisation for the company is $1,726m. You can visit the company’s website by visiting: https://www.comstockresources.com
The potential market cap would be $2,794m based on the market concensus.
Comstock Resources, an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves. It also owns interests in 2,557 producing oil and natural gas wells. The company was incorporated in 1919 and is headquartered in Frisco, Texas.
