How Jerry Jones’s $1 Billion Investment Will Impact Comstock Resources (CRK) Investors

Recently, Dallas Cowboys owner Jerry Jones invested over US$1 billion in Comstock Resources to finance a major natural gas exploration initiative in East Texas, taking his ownership stake to 71%. This backing comes as Comstock applies advanced drilling technology to access high-potential gas reserves, with growing demand from LNG exporters, data centers, and industry shaping the company's expansion efforts. We’ll now explore how Jerry Jones’s substantial financial commitment and operational support may influence Comstock’s investment narrative and growth outlook.

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Comstock Resources Investment Narrative Recap

To own Comstock Resources, an investor must believe in the long-term value of U.S. natural gas production, particularly from the Haynesville shale, and in the company’s ability to convert resource potential into growing sales and margins despite production challenges. Jerry Jones’s latest US$1 billion injection materially supports Comstock’s growth strategy and helps offset the risks associated with operational slowdowns, but concentration in Haynesville leaves the business exposed to gas price volatility, this news does not remove that central risk today. On the other hand, this vote of confidence adds momentum to the primary near-term catalyst: the ramp-up of high-potential Western Haynesville drilling, which could move the needle for revenue and earnings if execution improves and demand from power and LNG sectors holds up.

Among recent announcements, Comstock’s continued addition to several Russell growth indexes is particularly relevant, as it reflects the company’s increased market visibility and potential benchmarking by institutional investors, factors often linked to improved trading liquidity, which can support capital-raising or balance sheet initiatives vital to funding expansion in East Texas. However, inclusion in indices does not address the business’s ongoing need to manage well costs and deliver consistent production from complex assets, which remains the core challenge for the investment story.

Yet, despite the high-profile backing, investors should be aware that heavy geographic concentration still exposes Comstock to...

Read the full narrative on Comstock Resources (it's free!)

Comstock Resources' narrative projects $2.5 billion revenue and $733.2 million earnings by 2028. This requires 14.6% yearly revenue growth and a $805.8 million increase in earnings from the current level of -$72.6 million.

Story continues

Uncover how Comstock Resources' forecasts yield a $18.46 fair value, in line with its current price.

Exploring Other PerspectivesCRK Community Fair Values as at Oct 2025

Five Simply Wall St Community members see fair value for Comstock Resources ranging from US$6.97 to US$18.46 per share. As capital commitments rise, the company’s high exposure to commodity price swings remains crucial to future performance, explore how your own outlook compares with others.

Explore 5 other fair value estimates on Comstock Resources - why the stock might be worth as much as $18.46!

Build Your Own Comstock Resources Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

A great starting point for your Comstock Resources research is our analysis highlighting 1 key reward and 1 important warning sign that could impact your investment decision. Our free Comstock Resources research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Comstock Resources' overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include CRK.

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