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Comstock Resources, Inc. secures a natural gas supply agreement with NextEra Energy for data center power. Cost reduction efforts in Western Haynesville are ongoing. Low production and transportation costs support CRK's high margins relative to peers.

FRISCO, TX, March 23, 2026 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that the Western Haynesville will host the recently announced Texas Natural Gas-Fired Power Generation Hub in Anderson County Texas. The selection was announced on March 20, 2026, by the United States Department of Commerce in connection with Japan's $550 billion investment commitment to the United States as part of the U.S.- Japan trade deal.

Natural gas enters the spring shoulder season as mild weather cuts demand, but LNG exports and supply risks steady prices - keeping EQT, CRK and EE in focus.

Comstock (CRK) reported earnings 30 days ago. What's next for the stock?

Natural gas hovers below $3 as supply rises and storage tightens; CRK, EQT and AR offer tactical exposure in a volatile spring market.

Comstock is increasing its 2026 capex budget to around $1.45 billion to help rebuild production. Despite some cash burn in 2025, its production decreased by approximately 15% year-over-year. I now project $463 million in 2026 cash burn with a 5% year-over-year production increase (although exit rate production should increase significantly more).

Natural gas has plunged 60% to near $3, but tight storage and LNG demand keep WMB, CRK and EXE in focus for a potential rebound.