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

We came across a bullish thesis on Comstock Resources, Inc. on DeepValue Capital’s Substack. In this article, we will summarize the bulls’ thesis on CRK.. Comstock Resources, Inc.'s share was trading at $16.08 as of August 7^th. CRK’s trailing and forward P/E were 48.73 and 26.81, respectively according to Yahoo Finance.

[caption id="attachment_940986" align="aligncenter" width="750"] Photo by american-public-power-association on Unsplash[/caption]

Comstock Resources (CRK), a natural gas pure-play based in Frisco, Texas, represents a classic deep-value setup: mispriced,...