Comstock Resources Company Profile (NYSE:CRK)

About Comstock Resources (NYSE:CRK)

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:
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:CRK
  • CUSIP: 20576820
  • Web: crkfrisco.com
Capitalization:
  • Market Cap: $105.3 million
  • Outstanding Shares: 15,372,000
Average Prices:
  • 50 Day Moving Avg: $8.56
  • 200 Day Moving Avg: $9.54
  • 52 Week Range: $2.64 - $13.42
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -1.65
  • P/E Growth: -0.07
Sales & Book Value:
  • Annual Revenue: $188.5 million
  • Price / Sales: 0.56
  • Book Value: ($18.67) per share
  • Price / Book: -0.37
Profitability:
  • EBIDTA: $105.35 million
  • Net Margins: -210.50%
  • Return on Assets: -17.10%
Debt:
  • Debt-to-Equity Ratio: -4.66%
  • Current Ratio: 1.32%
  • Quick Ratio: 1.32%
Misc:
  • Average Volume: 379,977 shs.
  • Beta: 0.19
  • Short Ratio: 4.32
 

Frequently Asked Questions for Comstock Resources (NYSE:CRK)

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?

Comstock Resources's stock reverse split before market open on 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 closing bell 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.

How were Comstock Resources' earnings last quarter?

Comstock Resources Inc (NYSE:CRK) announced its quarterly earnings data on Monday, May, 8th. The company reported ($1.75) EPS for the quarter, topping the Zacks' consensus estimate of ($1.86) by $0.11. The firm earned $53.80 million during the quarter, compared to analysts' expectations of $57.96 million. During the same period last year, the business posted ($1.14) earnings per share. View Comstock Resources' Earnings History.

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

6 brokers have issued 1-year price objectives for Comstock Resources' stock. Their predictions range from $8.50 to $17.00. On average, they expect Comstock Resources' share price to reach $12.75 in the next twelve months. View Analyst Ratings for Comstock Resources.

Who are some of Comstock Resources' key competitors?

Who are Comstock Resources' key executives?

Comstock Resources' management team includes the folowing people:

  • M. Jay Allison, Chairman of the Board, Chief Executive Officer
  • Roland O. Burns, President, Chief Financial Officer, Secretary, Director
  • Mack D. Good, Chief Operating Officer
  • D. Dale Gillette, Vice President - Legal, General Counsel
  • Daniel K. Presley, Vice President - Accounting, Controller, Treasurer
  • Michael D. McBurney, Vice President - Marketing
  • Russell W. Romoser, Vice President - Reservoir Engineering
  • Larae Lynn Sanders, Vice President - Land
  • Richard D. Singer, Vice President - Financial Reporting
  • Blaine M. Stribling, Vice President - Corporate Development

Who owns Comstock Resources stock?

Comstock Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Hodges Capital Management Inc. (9.85%), WESTCOTT CARL H (7.47%), WESTCOTT CARL H (6.06%), Vanguard Group Inc. (2.94%), Goldman Sachs Group Inc. (1.10%) and Paloma Partners Management Co (0.71%). 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. View Institutional Ownership Trends for Comstock Resources.

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 Phoenix Investment Adviser LLC, California Public Employees Retirement System, EAM Investors LLC, Russell Investments Group Ltd. and Parkwood LLC. View Insider Buying and Selling for Comstock Resources.

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

Comstock Resources' stock was bought by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., Vanguard Group Inc., Goldman Sachs Group Inc., Paloma Partners Management Co, Hotchkis & Wiley Capital Management LLC, Bank of New York Mellon Corp, SG Americas Securities LLC and Segantii Capital Management Ltd. 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. View Insider Buying and Selling for Comstock Resources.

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.

What is Comstock Resources' stock price today?

One share of Comstock Resources stock can currently be purchased for approximately $6.85.


MarketBeat Community Rating for Comstock Resources (NYSE CRK)
Community Ranking:  1.9 out of 5 ()
Outperform Votes:  165 (Vote Outperform)
Underperform Votes:  265 (Vote Underperform)
Total Votes:  430
MarketBeat's community ratings are surveys of what our community members think about Comstock Resources and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Comstock Resources (NYSE:CRK) (?)
Ratings Breakdown: 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $12.75 (86.13% upside)

Analysts' Ratings History for Comstock Resources (NYSE:CRK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/23/2017Stifel NicolausInitiated CoverageBuy -> Buy$14.00HighView Rating Details
3/9/2017Seaport Global SecuritiesReiterated RatingBuy$17.00LowView Rating Details
2/1/2017Barclays PLCReiterated RatingHold$10.00N/AView Rating Details
1/27/2017Robert W. BairdUpgradeNeutral -> Outperform$9.00 -> $17.00N/AView Rating Details
1/11/2017BMO Capital MarketsReiterated RatingHold$10.00N/AView Rating Details
10/7/2016Imperial CapitalBoost Price TargetIn -> In-Line$3.75 -> $8.50N/AView Rating Details
2/12/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> NeutralN/AView Rating Details
1/19/2016KLR GroupDowngradeAccumulate -> HoldN/AView Rating Details
12/15/2015ScotiabankDowngradeSector PerformN/AView Rating Details
12/14/2015Howard WeilDowngradeSector Perform -> Sector UnderperformN/AView Rating Details
11/5/2015Royal Bank of CanadaBoost Price TargetSector Perform$15.00 -> $17.50N/AView Rating Details
9/9/2015Capital One Financial Corp.DowngradeOverweight -> UnderweightN/AView Rating Details
7/22/2015Credit Suisse Group AGDowngradeNeutral -> UnderperformN/AView Rating Details
(Data available from 5/30/2015 forward)

Earnings

Earnings History for Comstock Resources (NYSE:CRK)
Earnings by Quarter for Comstock Resources (NYSE:CRK)
Earnings History by Quarter for Comstock Resources (NYSE CRK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017Q1 2017($1.86)($1.75)$57.96 million$53.80 millionViewListenView Earnings Details
2/24/2017Q416($2.57)($2.58)$48.40 million$48.50 millionViewN/AView Earnings Details
11/8/2016Q316($2.14)($3.27)$44.98 million$50.33 millionViewListenView Earnings Details
8/1/2016Q216($0.66)($4.05)$39.16 million$40.72 millionViewListenView Earnings Details
5/4/2016Q116($1.11)($1.03)$40.30 million$37.20 millionViewListenView Earnings Details
2/24/2016Q415($1.22)($0.91)$50.55 million$47.23 millionViewListenView Earnings Details
11/4/2015Q315($1.27)($1.06)$65.17 million$61.36 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$0.10($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
5/5/2014Q1$0.06$0.08$136.92 million$141.91 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)
2017 EPS Consensus Estimate: ($5.76)
2018 EPS Consensus Estimate: ($2.64)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175($2.68)($0.83)($1.79)
Q2 20175($2.21)($0.78)($1.64)
Q3 20175($1.91)($0.33)($1.20)
Q4 20175($1.78)($0.14)($1.13)
Q1 20183($1.63)($0.19)($0.73)
Q2 20183($1.85)($0.27)($0.82)
Q3 20183($1.89)($0.25)($0.83)
Q4 20182($0.31)($0.21)($0.26)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Comstock Resources (NYSE:CRK)
Most Recent Dividend:12/15/2014
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Comstock Resources (NYSE:CRK)

Dividend History by Quarter 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 and Institutional Ownership History for Comstock Resources (NYSE:CRK)
Insider Ownership Percentage: 7.50%
Institutional Ownership Percentage: 41.02%
Insider Trades by Quarter for Comstock Resources (NYSE:CRK)
Institutional Ownership by Quarter for Comstock Resources (NYSE:CRK)
Insider Trades by Quarter for Comstock Resources (NYSE:CRK)
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

Headline Trends for Comstock Resources (NYSE:CRK)
Latest Headlines for Comstock Resources (NYSE:CRK)
Source:
DateHeadline
finance.yahoo.com logoComstock Resources, Inc. (CRK)
finance.yahoo.com - May 28 at 4:47 PM
americanbankingnews.com logoComstock Resources Inc Forecasted to Post Q1 2018 Earnings of ($0.19) Per Share (CRK)
www.americanbankingnews.com - May 24 at 10:00 AM
finance.yahoo.com logoETFs with exposure to Comstock Resources, Inc. : May 23, 2017
finance.yahoo.com - May 23 at 3:34 PM
finance.yahoo.com logoHedge Fund Net Long Positions in Crude at Lowest since November
finance.yahoo.com - May 15 at 4:23 PM
americanbankingnews.com logoComstock Resources Inc (CRK) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 13 at 12:46 AM
finance.yahoo.com logoFall in US Refinery Demand and Imports Impacted Inventories
finance.yahoo.com - May 11 at 5:06 PM
finance.yahoo.com logoETFs with exposure to Comstock Resources, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 5:06 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Comstock Resources Inc (CRK) Boosted by Capital One Financial Corp.
www.americanbankingnews.com - May 11 at 9:10 AM
americanbankingnews.com logoEquities Analysts Issue Forecasts for Comstock Resources Inc's Q2 2017 Earnings (CRK)
www.americanbankingnews.com - May 11 at 9:09 AM
nasdaq.com logoComstock (CRK) Reports Narrower-than-Expected Loss in Q1 - Nasdaq
www.nasdaq.com - May 11 at 2:43 AM
finance.yahoo.com logoComstock (CRK) Reports Narrower-than-Expected Loss in Q1
finance.yahoo.com - May 10 at 4:41 PM
finance.yahoo.com logoComstock Resources, Inc. :CRK-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 4:41 PM
americanbankingnews.com logoQ3 2017 Earnings Estimate for Comstock Resources Inc (CRK) Issued By Capital One Financial Corp.
www.americanbankingnews.com - May 10 at 9:10 AM
nasdaq.com logoComstock Resources, Inc. Reports First Quarter 2017 Financial and Operating Results - Nasdaq
www.nasdaq.com - May 9 at 8:06 AM
finance.yahoo.com logoEdited Transcript of CRK earnings conference call or presentation 8-May-17 3:00pm GMT
finance.yahoo.com - May 9 at 8:06 AM
americanbankingnews.com logoComstock Resources Inc (CRK) Issues Earnings Results, Misses Expectations By $0.10 EPS
www.americanbankingnews.com - May 8 at 8:56 PM
seekingalpha.com logoComstock Resources (CRK) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 8 at 4:22 PM
americanbankingnews.com logoZacks: Analysts Anticipate Comstock Resources Inc (CRK) to Announce -$1.86 Earnings Per Share
www.americanbankingnews.com - May 8 at 1:12 PM
finance.yahoo.com logoComstock Resources, Inc. Reports First Quarter 2017 Financial and Operating Results
finance.yahoo.com - May 8 at 9:49 AM
marketbeat.com logoComstock reports 1Q loss
marketbeat.com - May 8 at 7:06 AM
finance.yahoo.com logoRussia’s Crude Oil Production Fell in April: What’s Next?
finance.yahoo.com - May 3 at 10:33 AM
americanbankingnews.com logoSomewhat Negative Press Coverage Very Likely to Impact Comstock Resources (CRK) Share Price
www.americanbankingnews.com - May 2 at 1:52 PM
americanbankingnews.com logoFavorable Media Coverage Very Likely to Affect Comstock Resources (CRK) Stock Price
www.americanbankingnews.com - April 29 at 4:46 PM
finance.yahoo.com logoComstock Resources, Inc. Announces First Quarter 2017 Earnings Date and Conference Call Information - Yahoo Finance
finance.yahoo.com - April 27 at 10:01 PM
americanbankingnews.com logoCapital One Financial Corp. Analysts Raise Earnings Estimates for Comstock Resources Inc (CRK)
www.americanbankingnews.com - April 27 at 1:38 PM
finance.yahoo.com logoComstock Resources, Inc. Announces First Quarter 2017 Earnings Date and Conference Call Information
finance.yahoo.com - April 27 at 2:11 AM
americanbankingnews.com logoSomewhat Positive Media Coverage Very Likely to Impact Comstock Resources (CRK) Stock Price
www.americanbankingnews.com - April 26 at 10:36 PM
americanbankingnews.com logoCapital One Financial Corp. Weighs in on Comstock Resources Inc's Q1 2017 Earnings (CRK)
www.americanbankingnews.com - April 26 at 9:09 AM
americanbankingnews.com logoFY2017 EPS Estimates for Comstock Resources Inc Cut by Analyst (CRK)
www.americanbankingnews.com - April 24 at 9:16 AM
americanbankingnews.com logoComstock Resources (CRK) Earning Somewhat Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 23 at 5:07 PM
americanbankingnews.com logoQ1 2017 Earnings Estimate for Comstock Resources Inc (CRK) Issued By KeyCorp
www.americanbankingnews.com - April 21 at 8:35 AM
americanbankingnews.com logoSomewhat Critical News Coverage Very Likely to Impact Comstock Resources (CRK) Stock Price
www.americanbankingnews.com - April 20 at 5:51 PM
americanbankingnews.com logo Analysts Anticipate Comstock Resources Inc (CRK) Will Post Quarterly Sales of $59.24 Million
www.americanbankingnews.com - April 19 at 11:09 AM
americanbankingnews.com logoComstock Resources Inc (CRK) to Post Q1 2017 Earnings of ($2.68) Per Share, Seaport Global Securities Forecasts
www.americanbankingnews.com - April 19 at 7:30 AM
americanbankingnews.com logoComstock Resources Inc (CRK) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - April 18 at 12:52 AM
americanbankingnews.com logoComstock Resources Inc (CRK) Expected to Announce Earnings of -$1.82 Per Share
www.americanbankingnews.com - April 17 at 3:04 PM
americanbankingnews.com logoComstock Resources (CRK) Earning Somewhat Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 16 at 2:15 PM
americanbankingnews.com logoComstock Resources (CRK) Receives Daily Coverage Optimism Score of 0.02
www.americanbankingnews.com - April 13 at 3:52 PM
finance.yahoo.com logoETFs with exposure to Comstock Resources, Inc. : April 12, 2017
finance.yahoo.com - April 12 at 4:30 PM
finance.yahoo.com logoWhy Is Comstock (CRK) Down 13.1% Since the Last Earnings Report?
finance.yahoo.com - March 29 at 12:05 PM
finance.yahoo.com logoZacks Industry Outlook Highlights: Ultra Petroleum, Comstock Resources, ONEOK Partners, PBF Energy and Murphy USA
finance.yahoo.com - March 29 at 12:05 PM
americanbankingnews.com logoComstock Resources Inc (CRK) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 28 at 7:59 AM
americanbankingnews.com logoComstock Resources Inc (CRK) Now Covered by Stifel Nicolaus
www.americanbankingnews.com - March 23 at 3:56 PM
americanbankingnews.com logoComstock Resources Inc (CRK) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - March 23 at 12:38 PM
americanbankingnews.com logoComstock Resources Inc (CRK) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - March 22 at 11:43 AM
americanbankingnews.com logoKeyCorp Equities Analysts Decrease Earnings Estimates for Comstock Resources Inc (CRK)
www.americanbankingnews.com - March 22 at 9:02 AM
americanbankingnews.com logoComstock Resources’ (CRK) Buy Rating Reaffirmed at Seaport Global Securities
www.americanbankingnews.com - March 10 at 12:38 PM
prnewswire.com logoTechnical Roundup on Independent Oil & Gas Stocks -- VAALCO ... - PR Newswire (press release)
www.prnewswire.com - March 10 at 11:48 AM
investopedia.com logoComstock Recovers Losses from Previous Day
www.investopedia.com - March 9 at 10:07 PM
finance.yahoo.com logoCOMSTOCK RESOURCES INC Financials
finance.yahoo.com - March 2 at 4:45 PM

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Chart

Comstock Resources (CRK) Chart for Tuesday, May, 30, 2017

This page was last updated on 5/30/2017 by MarketBeat.com Staff