Comstock Resources (CRK) – Expanding U.S. Natural Gas Dominance

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Company Overview:
Comstock Resources CRK is accelerating natural gas production, reinforcing its position in the Western Haynesville play, a key U.S. gas region.

Key Catalysts:

Production Expansion & Strategic Acquisitions ⛽

Increasing drilling rigs from 5 to 7 for higher output.

Acquired 64,000 net acres in Haynesville, boosting reserves & market share.

Investment in Drilling & Midstream Infrastructure 🏗️

$1.0-$1.1 billion planned for 46 horizontal wells in 2025.

$130-$150 million allocated to midstream development, optimizing gas transport & profitability.

Market Strength & Growth Outlook 📈

Positioned to capitalize on rising U.S. natural gas demand & global LNG expansion.

Investment Outlook:
Bullish Case: We are bullish on CRK above $15.50-$16.00, supported by production growth & infrastructure investment.
Upside Potential: Our price target is $30.00-$31.00, driven by expansion, operational efficiency, and market strength.

🔥 CRK – Fueling the Future of U.S. Natural Gas. #CRK #NaturalGas #EnergyStocks

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