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24x7Report > Blog > Finance > Comstock Resources (CRK) Misses Profit Expectations in Q1 Report
Finance

Comstock Resources (CRK) Misses Profit Expectations in Q1 Report

Last updated: 2026/05/09 at 1:33 PM
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Comstock Resources (CRK) Misses Profit Expectations in Q1 Report
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Comstock Resources, Inc. (NYSE:CRK) is included among the 10 Best Energy Stocks to Buy Under $20 According to Billionaires.

Comstock Resources (CRK) Misses Profit Expectations in Q1 Report
Comstock Resources (CRK) Misses Profit Expectations in Q1 Report

Comstock Resources, Inc. (NYSE:CRK) is a leading independent natural gas producer with operations focused on the development of the Haynesville shale in North Louisiana and East Texas.

Comstock Resources, Inc. (NYSE:CRK) fell after reporting mixed results for its Q1 2026 on May 5. The company’s adjusted EPS of $0.15 missed expectations by $0.08, but its revenue of $587.3 million was up 14.5% YoY and comfortably topped estimates by $101 million.

Comstock Resources, Inc. (NYSE:CRK)’s natural gas and oil sales, including unrealized hedging losses, were $338.6 million in the first quarter. The company reported an adjusted EBITDAX of $251 million, while its adjusted net income for the quarter came in at $44 million or $0.15 per share. Meanwhile, it generated an operating cash flow of $192 million, or $0.66 per share.

Comstock Resources, Inc. (NYSE:CRK) was also recently included in our list of the 10 Stocks to Buy on a Pullback.

While we acknowledge the potential of CRK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

See also  SoundHound AI (SOUN) Wins Big Contracts, DA Davidson Boosts Price Target to $15

READ NEXT: 10 Best Electrical Infrastructure Stocks to Buy According to Hedge Funds and 10 Best Fortune 500 Stocks to Buy According to Analysts

Disclosure: None. Follow Insider Monkey on Google News.

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TAGGED: Comstock, CRK, Expectations, misses, profit, Report, Resources

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