Michael Fitzsimmons
Oil & gas, dividend investing, research analyst

Comstock Resources: Fundamentals Finally Turn Bullish

Comstock Resources (NYSE:CRK) is a small-cap independent energy company which has certainly experienced the highs and lows of the natural gas revolution. As the 5-year chart shows, CRK traded at over $80/share back in 2008. A combination of the stock market dive and collapsing natural gas prices beat the stock down over 75% to under $20 by 2011. It has languished under $20 for most of the last two years now. But it's time for investors to consider a stake in Comstock because there are several recent catalysts providing a bullish tailwind for the company:

    Last month's closure of its $811 million Permian divestment. Natural gas prices have firmed. Accelerated drilling in the Eagle Ford showing excellent results. ...
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