NYSE: CRK · Oil & Gas Exploration & Production
Comstock Resources (CRK) fair value and price range
As of 26 Sep 2026, Faircurve's model values Comstock Resources (CRK) at $8.46 a share. The stock last closed at $12.78, which puts the model's fair value 33.8% below the price. The model grades the evidence behind this valuation as low, so no verdict is shown. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It does not say how likely the fair value is to be right.
Revalued . Price is the close of 2 Oct 2026. Comstock Resources, Inc.
Faircurve Insights · 26 Sep 2026
Comstock Resources, Inc. is an independent energy company. It engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States.
Faircurve's model on 26 Sep 2026 found a fair value of $8.46 a share, the midpoint of 2,000 simulations. The previous run on 19 Sep 2026 gave $9.16, and the fair value moved -7.6%. The calibrated range over 63 trading days is $7.10 to $10.32, built from the fair value, since there is no live options data for the stock. Ranges built this way held the price 60% of the time at this horizon. The model grades the evidence behind this valuation as low, so no verdict is shown.
The company has an overall quality score of 31 out of 100 against comparable companies. The model compares it with Crescent Energy Company, California Resources Corp, Murphy Oil Corporation, Talos Energy Inc., Magnolia Oil & Gas Corporation, and Matador Resources Company. Around its last 8 earnings reports, the stock moved a median of 9.5% ignoring direction.
Written from the figures on this page for the 26 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give CRK?
The calibrated range for CRK over 63 trading days is $7.10 to $10.32. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The price is above this range. For names with fair value 15%+ below price, the calibrated range has held the price 40% of the time over 63 trading days, and 58% ended above it; the typical move was −0.1%.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $2.72 to $16.28. In 30% of the simulations the fair value came out above the price the model ran on.
How does CRK score on business quality?
Comstock Resources's overall quality score is 31 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 32 | 4.8%ROIC | 10.4% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 7 | -1.38xFCF / net income | 0.84x |
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analyst estimate revisions. | 68 | 53.8%Revenue growth, trailing | 5.1% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 0 | 0.0%Net buybacks / market value | 3.6% |
| Balance sheetNet debt to EBITDA and interest coverage. | 28 | 2.12xNet debt / EBITDA | 1.19x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 36 | 13.1 ptsEBITDA margin downside volatility, 5y | 10.9 pts |
How does CRK compare with similar companies?
The companies in oil & gas exploration & production closest to Comstock Resources in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| CRGY Crescent Energy Company | $13.39 | $14.07 | +5.1% | Fairly valued |
| CRC California Resources Corp | $52.43 | $50.02 | -4.6% | Fairly valued |
| CNX CNX Resources Corporation | $31.50 | $34.60 | +9.8% | Low evidence grade |
| MUR Murphy Oil Corporation | $37.66 | $37.11 | -1.5% | Fairly valued |
| TALO Talos Energy Inc. | $16.78 | $24.70 | +47.2% | Undervalued |
| MGY Magnolia Oil & Gas Corporation | $24.07 | $26.20 | +8.8% | Fairly valued |
| NOG Northern Oil and Gas, Inc. | $23.83 | $34.53 | +44.9% | Low evidence grade |
| MTDR Matador Resources Company | $53.50 | $73.80 | +37.9% | Undervalued |
All oil & gas exploration & production stocks ranked by gap to fair value
When does CRK report earnings, and how has the stock reacted?
Comstock Resources's next earnings report is scheduled for 2 Nov 2026. Companies can move their dates.
Options prices on 2 Oct 2026 imply a move of about 17.6% in either direction through the nearest expiry, about 48 days out, a window that includes the report. That is the size the market is pricing, not a direction.
How CRK moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 9.5%.
| Report date | Two session move |
|---|---|
| 29 Jul 2026 | +2.6% |
| 5 May 2026 | -15.6% |
| 11 Feb 2026 | -6.1% |
| 3 Nov 2025 | +6.9% |
| 30 Jul 2025 | -15.0% |
| 30 Apr 2025 | +60.3% |
| 18 Feb 2025 | +12.1% |
| 30 Oct 2024 | -3.3% |
Comstock Resources at a glance
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 value
- $3.9B
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Revenue expected, next twelve months
- $1.9B
- Consensus revenue growth, next fiscal year
- -1.4%
- Analysts with estimates
- 5
- Beta to the US market
- 0.02
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices Comstock Resources on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 19 Sep 2026 the model's fair value for CRK was $9.16. As of 26 Sep 2026 it is $8.46, a change of -7.6%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Comstock Resources's valuation
Is Comstock Resources stock undervalued or overvalued?
Faircurve's model puts CRK's fair value at $8.46 a share against a last close of $12.78, as of 26 Sep 2026. The model grades the evidence behind this valuation as low, so no verdict is shown. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It does not say how likely the fair value is to be right.
What is CRK's fair value?
$8.46 a share as of 26 Sep 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $2.72 to $16.28.
What price range does the model give CRK?
$7.10 to $10.32 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does Comstock Resources report earnings next?
The next report is scheduled for 2 Nov 2026. Companies can move their dates.
How much has CRK moved on past earnings reports?
Across its last 8 reports the median two session move was 9.5%, ignoring direction. The largest was +60.3% around the report of 30 Apr 2025.
How confident is the model in this valuation?
The model's evidence grade for CRK is low. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.