Why Comstock Resources (CRK) Stock Keeps Surging

Comstock shares have more than doubled since February 2022. Thanks to rising oil and gas prices which were caused by regional conflicts in Eastern Europe. As Europe needs more energy products American oil producers are planning to supply over one million tonnes of oil that must be transported by the Atlantic Ocean.

According to Barron’s magazine, some insiders are buying up the company’s shares by hoping it will keep rising after beating Q2 earnings estimates.

While oil and gas continue to be the most demanded energy products Comstock will go on with rising revenue and earnings. Retail investors have already spotted NYSE: CRK under their radars.

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