Comstock Resources, Inc. (CRK): A Bull Case Theory

We came across a bullish thesis on Comstock Resources, Inc. (CRK) on Deep Value Capital’s Substack. In this article, we will summarize the bulls’ thesis on CRK. Comstock Resources, Inc. (CRK)'s share was trading at $23.94 as of 11^th June. CRK’s trailing and forward P/E were 48.73 and 34.84 respectively according to Yahoo Finance.

[caption id="attachment_1235297" align="aligncenter" width="768"] Aerial view of an oil and gas rig in the Permian Basin.[/caption]

Comstock Resources (CRK), a pure-play natural gas producer based in Texas, is quietly positioned at the heart of a...