Comstock Resources (CX91) AI Stock Analysis
Comstock Resources
(Frankfurt:CX91)
No summary available
Comstock Resources (CX91) vs. iShares MSCI Germany ETF (EWG)
- Market Cap
- EUR 4.06B
- Dividend Yield
- ―
- Average Volume (3M)
- 675
- Price to Earnings (P/E)
- 7.9
- Beta (1Y)
- -0.14
- Revenue Growth
- 9.27%
- EPS Growth
- ―
- Country
- Germany
- Employees
- 252
- Sector
- Energy
- Sector Strength
- 65
- Industry
- Oil & Gas Exploration & Production
Comstock Resources Business Overview & Revenue Model
Company Description
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. Its assets covering an area of approximately 1,069,991 acres are loc...
Comstock Resources Earnings Call Summary
The call presented a mix of operational progress and financial headwinds. Operationally, Comstock demonstrated strong production growth, high initial well productivity (~30–31 MMcf/d IPs), a large and delineated acreage and drilling inventory, technology-driven efficiency initiatives (big-hole laterals, higher-temp motors, insulated drill pipe, 10,000-psi rigs) and a transformational midstream minority sale that improved the balance sheet, eliminated Pinnacle debt and generated $600 million of proceeds. On the negative side, weak natural gas prices and basis differentials meaningfully pressured realized revenue and earnings in the quarter, Western Haynesville drilling and completion costs rose sequentially and some drilling efficiencies softened, and management signaled 2027 activity remains contingent on a stronger pricing/hedge environment. Taken together, the operational momentum and balance-sheet actions outweigh near-term price-driven financial weakness, but commodity price risk and some Western execution cost risks remain.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Comstock’s 2026 guidance focuses on accelerating Western Haynesville development with four operated rigs (plan to drill 22 wells and turn 21 to sales) while running five rigs in the legacy Haynesville (plan to drill and turn 48 wells to sales), targeting sequential growth into Q3/Q4 and an exit roughly back to early‑2024 production levels; the company enters this program off Q2 averages of ~1.2 Bcfe/d production, $332M oil & gas sales (after hedging), $245M EBITDAX, $189M operating cash flow ex‑WC ($0.65/share), $0.77/Mcfe operating cost and a 74% EBITDAX margin. Key financial/capital metrics supporting the plan include ~ $1.2B total liquidity, $545M outstanding on the upstream facility (borrowing base $2.0B, elective commitment $1.5B), ~3.0x LTM leverage, and a midstream recapitalization (Sixth Street $600M for 27% of Pinnacle implying $2.2B EV, Pinnacle now debt‑free and saving ~$40M/year in fixed charges); production economics assume ~63% hedging (Q2 realized gas price $2.93 vs unhedged $2.54) and Comstock expects continued D&C cost and productivity improvements from big‑hole laterals, higher‑temp motors, 10,000‑psi rigs and higher proppant loading to lift EURs.
Comstock Resources Risk Analysis
Comstock Resources disclosed 17 risk factors in its most recent earnings report. Comstock Resources reported the most risks in the "Finance & Corporate" category.
- Finance & Corporate5
- Tech & Innovation2
- Legal & Regulatory3
- Production5
- Macro & Political2
Latest Risks Added
0 New RisksComstock Resources Peers Comparison
Overall Rating
MTDR77Outperform
CNX73Outperform
GPOR73Outperform
NOG70Outperform
CRGY66Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| MTDR | 77Outperform | $6.90B | 9.36 | 12.76% | 2.76% | 1.84% | -14.76% |
| CNX | 73Outperform | $5.31B | 5.61 | 19.58% | ― | 7.88% | 196.46% |
| GPOR | 73Outperform | $2.96B | 6.61 | 27.20% | ― | 26.65% | ― |
| NOG | 70Outperform | $2.75B | -4.90 | -23.85% | 7.21% | -3.02% | -183.44% |
| CRGY | 66Neutral | $5.53B | 74.94 | 1.23% | 3.69% | 33.54% | ― |
| Sector * | 65Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
* Energy Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| DE:CX91 | Comstock Resources | 12.56 | -4.44 | -26.11% | |
| CNX | Cnx Resources | 36.58 | 2.55 | 7.49% | |
| MTDR | Matador Resources | 54.31 | 18.28 | 50.73% | |
| NOG | Northern Oil And Gas | 24.98 | 6.04 | 31.91% | |
| GPOR | Gulfport Energy Corp | 166.56 | -30.34 | -15.41% | |
| CRGY | Crescent Energy Company Class A | 13.01 | 5.26 | 67.98% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.