Why These Energy Stocks are Losing This Week

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

Share Price Decline Between Dec. 3 – Dec. 10: 13.67%

Topping our list of Energy Stocks that Lost This Week is Comstock Resources, Inc. (NYSE:CRK), 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) was among the natural gas stocks that tumbled over the last week due to a slump in natural gas prices. US natural gas futures fell to around $4.6/MMBtu this week, down over 13% from the three-year high of almost $5.3 MMBtu they hit last week, primarily due to milder weather forecasts through December 23rd, as well as near-record production and ample storage.

It is worth noting that, despite the recent pullback, natural gas prices have risen by over 25% since the beginning of 2025. At the same time, the share price of Comstock Resources, Inc. (NYSE:CRK) has also gained by over 23% since the beginning of the year, as of the writing of this piece.

In other news, a Bloomberg report on December 4 revealed that Comstock Resources, Inc. (NYSE:CRK) has agreed to sell its natural gas assets in Texas to Apex Natural Gas for around $430 million, with the deal set to close later this month. The company stated in its Q3 earnings call in November that it would divest its Shelby Trough assets, including interests in more than 70 producing wells and about 36,000 net acres that are primarily undeveloped.

While we acknowledge the potential of CRK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRK and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: Retirement Stock Portfolio: 11 Energy Stocks to Buy and 14 Best Utility Dividend Stocks to Buy Now.

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