Comstock Resources

Comstock Resources and NextEra are developing a $16 billion gas-fired power hub in Anderson County, Texas, financed in part by Japanese capital to serve AI data centers and manufacturing. The project highlights growing competition between domestic data center demand and long-term LNG contracts by buyers like Mitsui, putting pressure on production and pipeline capacity. Analysts warn current output is sufficient for now but growth must keep pace with rising LNG exports and AI demand to avoid higher domestic prices or supply conflicts by 2030. » Plus sur forbes.com

Comstock Resources’ stock fell to a 52-week low of $12.44 and is down about 40.54% year-to-date and 42% over the past six months. The shares trade at a P/E of 5.94, and InvestingPro notes a significant debt burden. In Q1 2026 Comstock missed on EPS ($0.15 versus $0.2584 expected) but beat revenue estimates ($587.35 million versus $550.94 million). The company sold 27% of its midstream stake Pinnacle for $600 million. Mizuho rates the stock neutral with a $21.00 price target and expects weaker EBITDAx and free cash flow due to lower natural gas prices. » Plus sur de.investing.com

Mizuho lowered its price target on Comstock Resources to $21 from $25 and maintained a Neutral rating, citing a stronger oil-price outlook and wider U.S. refining cracks tied to the Iran crisis. Clear Street trimmed its target to $25 but kept a Buy rating, pointing to a Q1 EBITDA miss after excluding an unrealized derivative gain and higher net debt. Comstock reported Q1 adjusted EPS of $0.15 versus a $0.23 consensus and revenue of $419.03M, below estimates, with reported net income of $112.5M and operating cash flow of $191.9M. » Plus sur finance.yahoo.com