Comstock Resources Inc.: The Winning Streak Continues (CRK)

May 27, 2022 14:01:58

Shares of Comstock Resources Inc. (NYSE:CRK) traded at a new 52-week high today of $20.42. This new high was reached on below average trading volume as 1.9 million shares traded hands, while the average 30-day volume is approximately 4.2 million shares.

In the past 52 weeks, shares of Comstock Resources Inc. have traded between a low of $5.05 and a high of $20.42 and is now at $20.41, which is 304% above that low price.

There is potential upside of 5.9% for shares of Comstock Resources Inc. based on a current price of $20.41 and an average consensus analyst price target of $21.62.

Comstock Resources Inc is an independent energy company operating primarily in the Haynesville shale, a natural gas basin located in East Texas and North Louisiana with superior economics and geographical proximity to the Gulf Coast markets. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. Its oil and gas operations are primarily concentrated in Louisiana, Texas and North Dakota.

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