CRK vs GPOR: Correlation
How closely do Comstock Resources, Inc. (CRK) and Gulfport Energy Corporation (GPOR) trade together? Their weekly returns over three years give a correlation of 0.68, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRK and GPOR?
Over the past 3 years, CRK and GPOR moved with a correlation of 0.68, which is strong. Recent behaviour matches the longer record: 0.71 over 1 year against 0.68 over 3. Over 5 years the correlation is 0.69, and the annualized covariance of weekly returns is 1302.8 %².
Within CRK's tracked universe of 11 assets, GPOR comes in at #5 by 3-year correlation. The trailing year gives GPOR the advantage: -7.3% versus +2.1%, a 9.4-point spread. Note the risk asymmetry: CRK runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CRK vs GPOR: side by side
| CRK (Comstock Resources, Inc.) | GPOR (Gulfport Energy Corporation) | |
|---|---|---|
| 1-year return | -7.3% | +2.1% |
| 5-year return | +160.1% | +166.3% |
| Volatility (ann.) | 59.2% | 32.5% |
| Beta vs S&P 500 | 0.66 | 0.51 |
| Max drawdown (3Y) | -59.7% | -32.5% |
| Market cap | $4.3B | $3.1B |
| P/E (trailing) | 8.1 | 6.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRK | GPOR |
|---|---|---|
| 2022 | +70.6% | +2.2% |
| 2023 | -32.4% | +80.9% |
| 2024 | +105.9% | +38.3% |
| 2025 | +27.2% | +12.9% |
| 2026 | -36.9% | -15.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRK and GPOR good diversifiers for each other?
Only partially. A correlation of 0.68 means CRK and GPOR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CRK and GPOR?
Using weekly returns as of 2026-08-27: 0.68 over 3 years, with 0.71 over the last year and 0.69 over 5 years.
Is GPOR a good diversifier for CRK?
Only partially. A correlation of 0.68 means CRK and GPOR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.68 mean?
A reading of 0.68 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crk-vs-gpor.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crk-vs-gpor/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRK correlations · GPOR correlations
