10 Best Energy Stocks to Buy Under $20 According to Billionaires

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6. Comstock Resources, Inc. (NYSE:CRK)

Share Price as of May 6: $15.75

Number of Billionaire Holders: 12 

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, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRK and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best Energy Stocks to Buy Under $20 According to Billionaires.

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