5 Stocks to Buy on a Pullback

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

On April 15, 2026, Citi analyst Scott Gruber lowered the price target on Comstock Resources, Inc. (NYSE:CRK) to $19 from $24 previously and maintained a Neutral rating on the shares. The firm updated its model ahead of earnings, projecting a discretionary cash flow of about $230.1M, slightly below the roughly $244.8M consensus, primarily due to more conservative commodity price assumptions. Citi also expects production to come in around the midpoint of guidance, with a modest sequential increase.

Last month, Comstock Resources, Inc. (NYSE:CRK) announced that its Western Haynesville operations will support the newly designated Texas Natural Gas-Fired Power Generation Hub in Anderson County, Texas. The project was selected by the U.S. Department of Commerce as part of Japan’s $550B investment commitment tied to the U.S.-Japan trade agreement. The development is a collaboration between Comstock and NextEra Energy (NYSE:NEE), which will build and operate the facility. The project is expected to deliver up to 5.2 GW of natural gas-fired capacity, capable of supporting roughly 5 GW of large-scale demand. Comstock is positioned to supply natural gas to the facility, with volumes potentially approaching 1 Bcf per day by 2031. The total project cost is estimated at $16B and remains subject to final agreements and development milestones.

Comstock Resources, Inc. (NYSE:CRK) explores, develops, and produces natural gas and oil assets in the United States.