Comstock Resources Company Profile (NYSE:CRK)

About Comstock Resources

Comstock Resources logoComstock Resources, Inc. is an energy company engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates in the segment of exploration and production of oil and natural gas. The Company's oil and gas operations are concentrated in Texas and Louisiana. Its operations are focused in two operating areas: East Texas/North Louisiana and South Texas. The Company's properties in the East Texas/North Louisiana region include approximately 80,660 acres in the Haynesville or Bossier shale formations. The Company's Eagleville field includes approximately 30,220 acres located in the oil window of the Eagle Ford shale in South Texas. The Company owns interests in over 1,575 producing oil and natural gas wells, and operates over 950 of these wells. The Company owns interests in over 20 wells in the Rosita field, located in Duval County, Texas.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NYSE
  • Symbol: CRK
  • CUSIP: 20576820
Key Metrics:
  • Previous Close: $10.31
  • 50 Day Moving Average: $11.06
  • 200 Day Moving Average: $8.95
  • 52-Week Range: $2.64 - $13.42
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -1.15
  • P/E Growth: -0.03
  • Market Cap: $138.72M
  • Outstanding Shares: 13,455,000
  • Beta: 0.19
Profitability:
  • Net Margins: -210.50%
  • Return on Assets: -17.10%
Debt:
  • Debt-to-Equity Ratio: -4.66%
  • Current Ratio: 1.32%
  • Quick Ratio: 1.32%
Additional Links:
Companies Related to Comstock Resources:

Analyst Ratings

Consensus Ratings for Comstock Resources (NYSE:CRK) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $11.38 (10.33% upside)

Analysts' Ratings History for Comstock Resources (NYSE:CRK)
Show:
DateFirmActionRatingPrice TargetDetails
2/1/2017Barclays PLCReiterated RatingHold$10.00View Rating Details
1/27/2017Robert W. BairdUpgradeNeutral -> Outperform$9.00 -> $17.00View Rating Details
1/11/2017BMO Capital MarketsReiterated RatingHold$10.00View Rating Details
10/7/2016Imperial CapitalBoost Price TargetIn -> In-Line$3.75 -> $8.50View Rating Details
8/31/2016Stifel NicolausReiterated RatingHoldView Rating Details
2/12/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> NeutralView Rating Details
1/19/2016KLR GroupDowngradeAccumulate -> HoldView Rating Details
12/15/2015ScotiabankDowngradeSector PerformView Rating Details
12/14/2015Howard WeilDowngradeSector Perform -> Sector UnderperformView Rating Details
11/5/2015Royal Bank Of CanadaBoost Price TargetSector Perform$15.00 -> $17.50View Rating Details
9/9/2015Capital One Financial CorporationDowngradeOverweight -> UnderweightView Rating Details
7/22/2015Credit Suisse GroupDowngradeNeutral -> UnderperformView Rating Details
3/17/2015Seaport Global SecuritiesDowngradeNeutral -> SellView Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Comstock Resources (NYSE:CRK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/24/2017($2.57)N/AView Earnings Details
11/8/2016Q316($2.45)($3.27)$44.98 million$50.33 millionViewListenView Earnings Details
5/4/2016Q116($1.11)($1.14)$40.30 million$37.20 millionViewListenView Earnings Details
2/24/2016Q415($1.22)($0.91)$52.03 millionViewListenView Earnings Details
11/4/2015Q315($1.27)($1.06)$66.22 millionViewListenView Earnings Details
8/5/2015Q215($1.14)($1.11)$75.80 million$77.30 millionViewListenView Earnings Details
5/11/2015Q1($0.95)($1.06)$76.45 million$66.50 millionViewListenView Earnings Details
2/9/2015Q414($0.21)($0.19)$126.60 million$112.62 millionViewListenView Earnings Details
11/3/2014Q314$0.09($0.05)$154.66 million$144.99 millionViewListenView Earnings Details
8/4/2014Q2$0.11$0.12$149.91 million$155.72 millionViewListenView Earnings Details
5/6/2014Q1$0.05$0.08$135.52 millionViewListenView Earnings Details
2/11/2014Q4($0.25)($0.30)$112.19 millionViewListenView Earnings Details
11/5/2013Q313($0.32)($0.52)$112.24 million$111.59 millionViewListenView Earnings Details
7/29/2013Q2 2013($0.27)($0.40)$113.26 million$107.90 millionViewListenView Earnings Details
4/29/2013Q1 2013($0.46)($0.52)$107.90 million$95.02 millionViewListenView Earnings Details
2/11/2013Q4 2012($0.35)($0.55)$115.99 million$106.60 millionViewListenView Earnings Details
10/29/2012Q312($0.26)($0.50)$122.20 million$117.13 millionViewN/AView Earnings Details
7/30/2012($0.32)($0.22)ViewN/AView Earnings Details
4/30/2012($0.16)($0.34)ViewN/AView Earnings Details
2/6/2012($0.11)($0.07)ViewN/AView Earnings Details
10/31/2011($0.06)($0.01)ViewN/AView Earnings Details
8/1/2011($0.05)($0.04)ViewN/AView Earnings Details
5/2/2011($0.12)$0.05ViewN/AView Earnings Details
2/7/2011($0.22)($0.45)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Comstock Resources (NYSE:CRK)
Current Year EPS Consensus Estimate: $-15.85 EPS
Next Year EPS Consensus Estimate: $-8.96 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166($1.06)($0.89)($1.01)
Q2 20164($0.88)($0.58)($0.74)
Q3 20164($2.87)($1.92)($2.26)
Q4 20164($2.58)($0.45)($1.54)
Q1 20173($1.94)($0.83)($1.31)
Q2 20173($1.86)($0.78)($1.29)
Q3 20173($1.91)($0.73)($1.28)
Q4 20173($1.78)($0.67)($1.15)
Q1 20182($1.63)($0.11)($0.87)
Q2 20182($1.85)($0.18)($1.02)
Q3 20182($1.89)($0.18)($1.04)
Q4 20181($0.12)($0.12)($0.12)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Comstock Resources (NYSE:CRK)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Comstock Resources (NYSE:CRK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/19/2014quarterly$0.134.58%12/3/201412/5/201412/15/2014
8/21/2014quarterly$0.132.07%9/3/20149/5/20149/15/2014
5/13/2014quarterly$0.131.91%6/4/20146/6/20146/16/2014
2/24/2014quarterly$0.132.46%3/5/20143/7/20143/17/2014
11/26/2013quarterly$0.132.98%12/4/201312/6/201312/16/2013
8/22/2013quarterly$0.133.31%9/4/20139/6/20139/16/2013
5/16/2013special$0.135/29/20135/31/20136/15/2013
5/15/2013quarterly$0.135/31/20136/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Comstock Resources (NYSE:CRK)
Insider Ownership Percentage: 7.50%
Institutional Ownership Percentage: 41.02%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/27/2016M Jay AllisonCEOSell8,000$10.12$80,960.00View SEC Filing  
11/15/2016Cecil E Martin JrDirectorBuy5,500$8.95$49,225.00View SEC Filing  
5/26/2016Carl H WestcottMajor ShareholderSell28,500$0.72$20,520.00View SEC Filing  
12/22/2015Russell W RomoserVPSell1,000$1.86$1,860.00View SEC Filing  
9/2/2015Frederic D SewellDirectorBuy10,000$2.80$28,000.00View SEC Filing  
8/14/2015Larae Lynn SandersVPBuy2,500$3.12$7,800.00View SEC Filing  
8/11/2015Mack D GoodCOOBuy10,000$1.98$19,800.00View SEC Filing  
12/10/2014Daniel K PresleyVPBuy10,000$5.71$57,100.00View SEC Filing  
12/9/2014Michael D McburneyVPBuy3,000$5.77$17,310.00View SEC Filing  
12/8/2014Jim L TurnerDirectorBuy50,000$5.70$285,000.00View SEC Filing  
12/1/2014Cecil E Martin JrDirectorBuy20,000$8.87$177,400.00View SEC Filing  
11/11/2014David W SledgeDirectorBuy5,000$11.19$55,950.00View SEC Filing  
11/10/2014Richard Darius SingerVPBuy4,000$11.34$45,360.00View SEC Filing  
11/7/2014Elizabeth B DavisDirectorBuy3,640$11.00$40,040.00View SEC Filing  
11/7/2014M Jay AllisonCEOBuy10,000$11.14$111,400.00View SEC Filing  
11/7/2014Roland O BurnsCFOBuy4,000$11.26$45,040.00View SEC Filing  
8/28/2014Russell W RomoserVPSell2,500$24.29$60,725.00View SEC Filing  
5/29/2014Mark A WilliamsCOOSell22,320$27.97$624,290.40View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Comstock Resources (NYSE:CRK)
DateHeadline
News IconTechnical Roundup on Shares of Comstock Resources Inc (CRK) - Sherwood Daily (NYSE:CRK)
sherwooddaily.com - February 22 at 9:43 PM
News IconStock Price of Comstock Resources, Inc. (CRK) Decreases -15.9% - Highland Mirror (NYSE:CRK)
www.highlandmirror.com - February 22 at 9:43 PM
seekingalpha.com logoComstock Resources set to "go terminal," Friendly Bear says (NYSE:CRK)
seekingalpha.com - February 21 at 1:03 PM
finance.yahoo.com logo5 Energy Stocks Likely to Beat Q4 Earnings Estimates (NYSE:CRK)
finance.yahoo.com - February 13 at 5:09 PM
News IconComstock Resources, Inc. (NYSE:CRK) Quarterly EPS Projection At $-1.37 - Stock Observer (NYSE:CRK)
www.thestockobserver.com - February 11 at 4:34 PM
News IconTrading Watch for Comstock Resources, Inc. (NYSE:CRK) - Benton Bulletin (NYSE:CRK)
bentonbulletin.com - February 11 at 4:34 PM
investopedia.com logoHow to Read Comstock Resources Stock Price Dip (NYSE:CRK)
www.investopedia.com - February 9 at 9:54 PM
finance.yahoo.com logoHoward Marks Buys Texas Oil and Gas Company on Jump in Proved Reserves (NYSE:CRK)
finance.yahoo.com - February 7 at 5:36 PM
News IconABR Of Comstock Resources, Inc. (NYSE:CRK) At 3 - Stock Observer (NYSE:CRK)
www.thestockobserver.com - February 1 at 9:53 PM
finance.yahoo.com logoComstock Resources, Inc. Announces Fourth Quarter 2016 Earnings Date and Conference Call Information (NYSE:CRK)
finance.yahoo.com - February 1 at 4:51 PM
News IconHigh Volatility Moving the Needle For Shares of Comstock Resources, Inc. (NYSE:CRK) - Wall Street Beacon (NYSE:CRK)
wsbeacon.com - January 30 at 10:24 PM
News IconStock Hits Tipping Point on the RSI Reading: Comstock Resources, Inc. (NYSE:CRK) - Wall Street Beacon (NYSE:CRK)
wsbeacon.com - January 30 at 10:24 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Comstock Resources, Inc. (NYSE:CRK)? - Wall Street Beacon (NYSE:CRK)
wsbeacon.com - January 30 at 10:24 PM
News IconUpward Mounting Stock Reaches New Heights: Comstock Resources, Inc. (NYSE:CRK) - Wall Street Beacon (NYSE:CRK)
wsbeacon.com - January 30 at 10:24 PM
investopedia.com logoComstock Resources Pauses After Breakout (CRK) (NYSE:CRK)
www.investopedia.com - January 30 at 5:24 PM
investopedia.com logoComstock Resources Breakout Still Intact (NYSE:CRK)
www.investopedia.com - January 30 at 5:24 PM
News IconWatching the Numbers for Comstock Resources, Inc. (NYSE:CRK) - Gilbert Daily (NYSE:CRK)
gilbertdaily.com - January 30 at 8:36 AM
finance.yahoo.com logoComstock (CRK) Reports 47% Increase in 2016 Proved Reserves (NYSE:CRK)
finance.yahoo.com - January 30 at 8:36 AM
News IconRobert W. Baird Just Issued " Outperform" Rating on Comstock Resources Inc (CRK) (NYSE:CRK)
perspectivabetica.com - January 28 at 9:45 PM
News IconBarclays PLC Boosts Comstock Resources, Inc. (CRK) Price Target to $10.00 (NYSE:CRK)
larampadinapoli.com - January 28 at 9:45 PM
News IconStock Tracker: Looking at the Numbers for Comstock Resources, Inc. (NYSE:CRK) - The Tribune (NYSE:CRK)
lakecitytribune.com - January 28 at 4:45 PM
News IconEye on Technicals for Comstock Resources Inc. (CRK) - Sherwood Daily (NYSE:CRK)
sherwooddaily.com - January 28 at 4:45 PM
investopedia.com logoComstock Resources Soars on News of Reserves (CRK) (NYSE:CRK)
www.investopedia.com - January 27 at 5:58 PM
finance.yahoo.com logoComstock upgraded by Robert W. Baird (NYSE:CRK)
finance.yahoo.com - January 27 at 5:58 PM
investopedia.com logoComstock Resources Breaks Out on Oil Reserves News (NYSE:CRK)
www.investopedia.com - January 27 at 5:58 PM
biz.yahoo.com logoCOMSTOCK RESOURCES INC Files SEC form 8-K, Regulation FD Disclosure (NYSE:CRK)
biz.yahoo.com - January 27 at 5:58 PM
News IconLooking Ahead for Comstock Resources, Inc. (NYSE:CRK); Are These Shares Ready to Go Higher? - Aiken Advocate (NYSE:CRK)
aikenadvocate.com - January 27 at 3:42 AM
News IconStock Review: Checking in on Share of Comstock Resources, Inc. (NYSE:CRK) - The Tribune (NYSE:CRK)
lakecitytribune.com - January 26 at 5:39 PM
News IconStock Seesawing as Volatility Sweeps in on Comstock Resources, Inc. (NYSE:CRK) - Wall Street Beacon (NYSE:CRK)
wsbeacon.com - January 26 at 5:39 PM
finance.yahoo.com logoComstock Resources, Inc. Announces 47% Increase in Proved Oil and Gas Reserves (NYSE:CRK)
finance.yahoo.com - January 26 at 5:39 PM
News IconEarnings in Full Force, Analysts Take Aim at Comstock Resources, Inc. (NYSE:CRK) - Wall Street Beacon (NYSE:CRK)
wsbeacon.com - January 25 at 10:38 PM
investopedia.com logoComstock Resources Stock Is Forming a Base (NYSE:CRK)
www.investopedia.com - January 25 at 5:37 PM
thestreet.com logoGM and Comstock Resources Put the 'Value' in Value Investing (NYSE:CRK)
realmoney.thestreet.com - January 25 at 5:37 PM
News IconComstock Resources, Inc. (NYSE:CRK) Broker Price Targets For The Coming Week (NYSE:CRK)
xboxonezone.com - January 24 at 2:48 AM
News IconTrading Scope: Following Levels on Shares of Comstock Resources Inc. (CRK) - Sherwood Daily (NYSE:CRK)
sherwooddaily.com - January 23 at 5:56 AM
News IconTrend Strength Monitor on Shares of Comstock Resources Inc. (CRK) - Sherwood Daily (NYSE:CRK)
sherwooddaily.com - January 19 at 2:52 AM
News IconShooting From the Hip, Stock Reaches Most Volatile List: Comstock Resources, Inc. (NYSE:CRK) - Wall Street Beacon (NYSE:CRK)
wsbeacon.com - January 19 at 2:52 AM
bizjournals.com logo​Trump Commerce pick Ross to step down from Dallas' Exco if confirmed (NYSE:CRK)
www.bizjournals.com - January 18 at 4:50 PM
News IconWill The Needle Move For Comstock Resources, Inc. (NYSE:CRK) Shares This Earnings Season? - Wall Street Beacon (NYSE:CRK)
wsbeacon.com - January 18 at 3:26 AM
News IconTechnical Action Update on Shares of Comstock Resources Inc. (CRK) - Springdale Times (NYSE:CRK)
springdaletimes.com - January 18 at 3:26 AM
News IconInvestor Box: Viewing Levels on Shares of Comstock Resources Inc. (CRK) - Springdale Times (NYSE:CRK)
springdaletimes.com - January 16 at 9:31 PM
finance.yahoo.com logoWhy Comstock Resources (CRK) Could Be a Potential Winner (NYSE:CRK)
finance.yahoo.com - January 16 at 10:25 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Comstock Resources, Inc. (NYSE:CRK) - Wall Street Beacon (NYSE:CRK)
wsbeacon.com - January 14 at 3:17 AM
News IconShares Skittish Ahead of The Bell: Comstock Resources, Inc. (NYSE:CRK) - Wall Street Beacon (NYSE:CRK)
wsbeacon.com - January 14 at 3:17 AM
finance.yahoo.com logoComstock Resources (CRK) on Growth Track: Time to Invest? (NYSE:CRK)
finance.yahoo.com - January 13 at 5:13 PM
investopedia.com logoComstock Acquires New Acreage in Joint Venture (NYSE:CRK)
www.investopedia.com - January 12 at 9:53 PM
marketexclusive.com logoCOMSTOCK RESOURCES, INC. (NYSE:CRK) Files An 8-K Other Events - Market Exclusive (NYSE:CRK)
marketexclusive.com - January 10 at 5:19 PM
finance.yahoo.com logoU.S. Rig Count Increases for 8th Consecutive Week (NYSE:CRK)
finance.yahoo.com - January 9 at 10:39 PM
News IconComstock Resources Boosts Haynesville Acreage With JV (NYSE:CRK)
www.oilandgasinvestor.com - January 9 at 5:38 PM
us.rd.yahoo.com logoComstock Resources, Inc. Adds to Haynesville Acreage with Joint Development Venture (NYSE:CRK)
us.rd.yahoo.com - January 9 at 5:38 PM

Social

What is Comstock Resources' stock symbol?

Comstock Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRK."

When did Comstock Resources' stock split? How did Comstock Resources' stock split work?

Shares of Comstock Resources reverse split on the morning of Monday, August 1st 2016. The 1-5 reverse split was announced on Wednesday, July 20th 2016. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 29th 2016. An investor that had 100 shares of Comstock Resources stock prior to the reverse split would have 20 shares after the split.

Where is Comstock Resources' stock going? Where will Comstock Resources' stock price be in 2017?

5 brokerages have issued 12-month price objectives for Comstock Resources' shares. Their forecasts range from $8.50 to $17.00. On average, they expect Comstock Resources' share price to reach $11.38 in the next twelve months.

When will Comstock Resources announce their earnings?

Comstock Resources is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 2017.

Who owns Comstock Resources stock?

Comstock Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include Hodges Capital Management Inc. (9.03%), Carl H Westcott (7.08%), Russell Investments Group Ltd. (0.97%), Marshall Wace LLP (0.83%), GeoSphere Capital Management (0.56%) and Texas Yale Capital Corp. (0.37%). Company insiders that own Comstock Resources stock include Carl H Westcott, Cecil E Martin Jr, Frederic D Sewell, Larae Lynn Sanders, M Jay Allison, Mack D Good and Russell W Romoser.

Who sold Comstock Resources stock? Who is selling Comstock Resources stock?

Comstock Resources' stock was sold by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc.. Company insiders that have sold Comstock Resources stock in the last year include Carl H Westcott and M Jay Allison.

Who bought Comstock Resources stock? Who is buying Comstock Resources stock?

Comstock Resources' stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Marshall Wace LLP, GeoSphere Capital Management, AidennLair Capital Management LP and GSA Capital Partners LLP. Company insiders that have bought Comstock Resources stock in the last two years include Cecil E Martin Jr, Frederic D Sewell, Larae Lynn Sanders and Mack D Good.

How do I buy Comstock Resources stock?

Shares of Comstock Resources can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Comstock Resources stock cost?

One share of Comstock Resources stock can currently be purchased for approximately $10.31.

Comstock Resources (NYSE:CRK) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Comstock Resources (NYSE:CRK)

Earnings History Chart

Earnings by Quarter for Comstock Resources (NYSE:CRK)

Dividend History Chart

Dividend Payments by Quarter for Comstock Resources (NYSE:CRK)

Last Updated on 2/22/2017 by MarketBeat.com Staff