Why These Energy Stocks Are Gaining This Week

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

Share Price Gains Between May 1 – May 8: 19.61%

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) recently posted strong results for its Q1 2025, reporting an adjusted EPS of $0.18 against expectations of $0.17. The company’s revenue also grew by almost 53% YoY to $512.85 million and beat estimates by $93.51 million. The strong financial results were primarily attributed to the higher natural gas prices during the quarter. CRK also highlighted its successful drilling program, particularly in the Western Haynesville, which has positioned it well for continued growth.

It was also revealed this week that Comstock Resources, Inc. (NYSE:CRK) has entered into a non-binding agreement with BKV Corporation to develop carbon capture, utilization, and sequestration (CCUS) projects at two of Comstock’s natural gas processing facilities in its Western Haynesville operating area.