Why These Energy Stocks are Gaining This Week

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

Share Price Gains Between Jan. 16 – Jan. 23: 14.35%

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.

On January 23, Morgan Stanley slightly nudged up its price target on Comstock Resources, Inc. (NYSE:CRK) from $19 to $20, while keeping an ‘Equal Weight’ rating on the shares. Morgan Stanley marked its 2026-27 oil price forecasts as of January 7 in conjunction with its Q4 preview for E&P companies, oil majors, and Canadian oil producers. The firm expects Q4 operational updates to be ‘fairly clean’, but projects lighter cash flow from price realizations.

Comstock Resources, Inc. (NYSE:CRK) also received a lift from the recent rebound in natural gas prices. US natural gas futures rose by 70% over the last week, nearing a 3-year high they achieved in December 2025, as the market continued to brace for a historic winter storm.

Comstock Resources, Inc. (NYSE:CRK) posted gains of over 27% last year, putting it among the 11 Best Performing Energy Stocks in 2025.