Comstock Resources Company Profile (NYSE:CRK)

About Comstock Resources (NYSE:CRK)

Comstock 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: Oil & Gas Exploration and Production
Sub-Industry: Oil & Gas Exploration & Production
Symbol: NYSE:CRK
CUSIP: 20576820
Web: www.crkfrisco.com

Capitalization:

Market Cap: $93.34 million
Outstanding Shares: 15,478,000

Average Prices:

50 Day Moving Avg: $6.36
200 Day Moving Avg: $7.51
52 Week Range: $5.52 - $13.42

P/E:

Trailing P/E Ratio: N/A
Foreward P/E Ratio: -2.02
P/E Growth: -0.06

Sales & Book Value:

Annual Revenue: $209.44 million
Price / Sales: 0.45
Book Value: ($19.72) per share
Price / Book: -0.31

Profitability:

EBIDTA: $166.92 million
Net Margins: -59.68%
Return on Assets: -12.70%

Debt:

Debt-to-Equity Ratio: -3.51%
Current Ratio: 0.68%
Quick Ratio: 0.68%

Misc:

Average Volume: 151,139 shs.
Beta: -0.43
Short Ratio: 7.63

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 shares 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.

How were Comstock Resources' earnings last quarter?

Comstock Resources, Inc. (NYSE:CRK) announced its earnings results on Monday, August, 7th. The company reported ($1.07) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($1.67) by $0.60. The business had revenue of $61.47 million for the quarter, compared to the consensus estimate of $63.93 million. During the same period in the prior year, the business posted $0.41 earnings per share. View Comstock Resources' Earnings History.

When will Comstock Resources make its next earnings announcement?

Comstock Resources is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Comstock Resources.

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

7 brokerages have issued 12-month target prices for Comstock Resources' shares. Their forecasts range from $8.50 to $17.00. On average, they expect Comstock Resources' share price to reach $12.42 in the next year. View Analyst Ratings for Comstock Resources.

Who are some of Comstock Resources' key competitors?

Some companies that are related to Comstock Resources include Exillon Energy Plc (EXI), Jones Energy (JONE), Bellatrix Exploration Ltd (BXE), Aminex plc (AEX), SandRidge Permian Trust (PER), Contango Oil & Gas Company (MCF), LRR Energy LP (LRE), Enduro Royalty Trust (NDRO), Rockhopper Exploration Plc (RKH), Pantheon Resources Plc (PANR), Eland Oil & Gas PLC (ELA), Savannah Petroleum PLC (SAVP), BowLeven PLC (BLVN), Lekoil Ltd (LEK), Transglobe Energy Corp (TGA), President Energy PLC (PPC), Chesapeake Granite Wash Trust (CHKR) and SandRidge Mississippian Trust II (SDR).

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
Daniel S. Harrison, Vice President - Operations
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

Who owns Comstock Resources stock?

Comstock Resources' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hodges Capital Management Inc. (10.30%), Vanguard Group Inc. (4.09%), Goldman Sachs Group Inc. (0.92%), Parkwood LLC (0.82%), First Washington CORP (0.73%) and California Public Employees Retirement System (0.65%). Company insiders that own Comstock Resources stock include Carl H Westcott, Cecil E Martin Jr, M Jay Allison 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 Goldman Sachs Group Inc. and Castleton Investment Management LLC. View Insider Buying and Selling for Comstock Resources.

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

Comstock Resources' stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., First Washington CORP, Hodges Capital Management Inc., Parkwood LLC, Bank of New York Mellon Corp, Russell Investments Group Ltd. and Northern Trust Corp. 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 $6.03.

MarketBeat Community Rating for Comstock Resources (NYSE CRK)

Community Ranking:		2.0 out of 5 ( )
Outperform Votes:		201 (Vote Outperform)
Underperform Votes:		300 (Vote Underperform)
Total Votes:		501

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.

Consensus Ratings for Comstock Resources (NYSE:CRK) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	1 Sell Rating, 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:	Hold (Score: 2.29)
Consensus Price Target:	$12.42 (105.91% upside)

Analysts' Ratings History for Comstock Resources (NYSE:CRK)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
8/14/2017	Stifel Nicolaus	Set Price Target	Buy	$14.00 -> $12.00	Medium
8/7/2017	Capital One Financial Corporation	Reiterated Rating	Underweight		High
3/9/2017	Seaport Global Securities	Reiterated Rating	Buy	$17.00	Low
2/1/2017	Barclays PLC	Reiterated Rating	Hold	$10.00	N/A
1/27/2017	Robert W. Baird	Upgrade	Neutral -> Outperform	$9.00 -> $17.00	N/A
1/11/2017	BMO Capital Markets	Reiterated Rating	Hold	$10.00	N/A
10/7/2016	Imperial Capital	Boost Price Target	In -> In-Line	$3.75 -> $8.50	N/A
2/12/2016	Ladenburg Thalmann Financial Services	Downgrade	Buy -> Neutral		N/A
1/19/2016	KLR Group	Downgrade	Accumulate -> Hold		N/A
12/15/2015	Scotiabank	Downgrade	Sector Perform		N/A
12/14/2015	Howard Weil	Downgrade	Sector Perform -> Sector Underperform		N/A
11/5/2015	Royal Bank Of Canada	Boost Price Target	Sector Perform	$15.00 -> $17.50	N/A

(Data available from 9/22/2015 forward)

Earnings History for Comstock Resources (NYSE:CRK)

Earnings by Quarter for Comstock Resources (NYSE:CRK)

Earnings History by Quarter for Comstock Resources (NYSE CRK)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/6/2017		($1.59)					N/A
8/7/2017	Q2 2017	($1.67)	($1.07)	$63.93 million	$61.47 million	View	Listen
5/8/2017	Q1 2017	($1.86)	($1.75)	$57.96 million	$53.80 million	View	Listen
2/24/2017	Q416	($2.57)	($2.58)	$48.40 million	$48.50 million	View	N/A
11/8/2016	Q316	($2.14)	($3.27)	$44.98 million	$50.33 million	View	Listen
8/1/2016	Q216	($0.66)	($4.05)	$39.16 million	$40.72 million	View	Listen
5/4/2016	Q116	($1.11)	($1.03)	$40.30 million	$37.20 million	View	Listen
2/24/2016	Q415	($1.22)	($0.91)	$50.55 million	$47.23 million	View	Listen
11/4/2015	Q315	($1.27)	($1.06)	$65.17 million	$61.36 million	View	Listen
8/5/2015	Q215	($1.14)	($1.11)	$75.80 million	$77.30 million	View	Listen
5/11/2015	Q1	($0.95)	($1.06)	$76.45 million	$66.50 million	View	Listen
2/9/2015	Q414	($0.21)	($0.19)	$126.60 million	$112.62 million	View	Listen
11/3/2014	Q314	$0.10	($0.05)	$154.66 million	$144.99 million	View	Listen
8/4/2014	Q2	$0.11	$0.12	$149.91 million	$155.72 million	View	Listen
5/5/2014	Q1	$0.06	$0.08	$136.92 million	$141.91 million	View	Listen
2/11/2014	Q4	($0.25)	($0.30)	$112.19 million		View	Listen
11/5/2013	Q313	($0.32)	($0.52)	$112.24 million	$111.59 million	View	Listen
7/29/2013	Q2 2013	($0.27)	($0.40)	$113.26 million	$107.90 million	View	Listen
4/29/2013	Q1 2013	($0.46)	($0.52)	$107.90 million	$95.02 million	View	Listen
2/11/2013	Q4 2012	($0.35)	($0.55)	$115.99 million	$106.60 million	View	Listen
10/29/2012	Q312	($0.26)	($0.50)	$122.20 million	$117.13 million	View	N/A
7/30/2012		($0.32)	($0.22)			View	N/A
4/30/2012		($0.16)	($0.34)			View	N/A
2/6/2012		($0.11)	($0.07)			View	N/A
10/31/2011		($0.06)	($0.01)			View	N/A
8/1/2011		($0.05)	($0.04)			View	N/A
5/2/2011		($0.12)	$0.05			View	N/A
2/7/2011		($0.22)	($0.45)			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Comstock Resources (NYSE:CRK)

2017 EPS Consensus Estimate: ($6.00)
2018 EPS Consensus Estimate: ($4.17)

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	5	($2.68)	($0.83)	($1.79)
Q2 2017	5	($1.86)	($0.78)	($1.57)
Q3 2017	5	($1.91)	($0.81)	($1.37)
Q4 2017	5	($1.78)	($0.74)	($1.28)
Q1 2018	4	($1.63)	($0.28)	($0.92)
Q2 2018	4	($1.85)	($0.27)	($1.20)
Q3 2018	4	($1.89)	($0.23)	($1.18)
Q4 2018	3	($1.50)	($0.21)	($0.87)

(Data provided by Zacks Investment Research)

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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
11/19/2014	quarterly	$0.13	4.58%	12/3/2014	12/5/2014	12/15/2014
8/21/2014	quarterly	$0.13	2.07%	9/3/2014	9/5/2014	9/15/2014
5/13/2014	quarterly	$0.13	1.91%	6/4/2014	6/6/2014	6/16/2014
2/24/2014	quarterly	$0.13	2.46%	3/5/2014	3/7/2014	3/17/2014
11/26/2013	quarterly	$0.13	2.98%	12/4/2013	12/6/2013	12/16/2013
8/22/2013	quarterly	$0.13	3.31%	9/4/2013	9/6/2013	9/16/2013
5/16/2013	special	$0.13		5/29/2013	5/31/2013	6/15/2013
5/15/2013	quarterly	$0.13			5/31/2013	6/15/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Comstock Resources (NYSE:CRK)

Insider Ownership Percentage: 11.60%
Institutional Ownership Percentage: 53.59%

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

Insider Trades by Quarter for Comstock Resources (NYSE:CRK)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
12/27/2016	M Jay Allison	CEO	Sell	8,000	$10.12	$80,960.00
11/15/2016	Cecil E Martin Jr	Director	Buy	5,500	$8.95	$49,225.00
5/26/2016	Carl H Westcott	Major Shareholder	Sell	28,500	$0.72	$20,520.00
12/22/2015	Russell W Romoser	VP	Sell	1,000	$1.86	$1,860.00
9/2/2015	Frederic D Sewell	Director	Buy	10,000	$2.80	$28,000.00
8/14/2015	Larae Lynn Sanders	VP	Buy	2,500	$3.12	$7,800.00
8/11/2015	Mack D Good	COO	Buy	10,000	$1.98	$19,800.00
12/10/2014	Daniel K Presley	VP	Buy	10,000	$5.71	$57,100.00
12/9/2014	Michael D Mcburney	VP	Buy	3,000	$5.77	$17,310.00
12/8/2014	Jim L Turner	Director	Buy	50,000	$5.70	$285,000.00
12/1/2014	Cecil E Martin Jr	Director	Buy	20,000	$8.87	$177,400.00
11/11/2014	David W Sledge	Director	Buy	5,000	$11.19	$55,950.00
11/10/2014	Richard Darius Singer	VP	Buy	4,000	$11.34	$45,360.00
11/7/2014	Elizabeth B Davis	Director	Buy	3,640	$11.00	$40,040.00
11/7/2014	M Jay Allison	CEO	Buy	10,000	$11.14	$111,400.00
11/7/2014	Roland O Burns	CFO	Buy	4,000	$11.26	$45,040.00
8/28/2014	Russell W Romoser	VP	Sell	2,500	$24.29	$60,725.00
5/29/2014	Mark A Williams	COO	Sell	22,320	$27.97	$624,290.40

(Data available from 1/1/2013 forward)

Headline Trends for Comstock Resources (NYSE:CRK) Latest Headlines for Comstock Resources (NYSE:CRK)

Source:

Date	Headline
	$63.99 Million in Sales Expected for Comstock Resources, Inc. (CRK) This Quarter www.americanbankingnews.com - September 21 at 1:26 AM
	Zacks: Brokerages Expect Comstock Resources, Inc. (CRK) to Announce -$1.31 Earnings Per Share www.americanbankingnews.com - September 20 at 12:14 AM
	5 Stocks with Recent Rating Upgrades to Combat Uncertainties - Nasdaq www.nasdaq.com - September 15 at 10:58 PM
	Comstock Resources, Inc. (CRK) Given Consensus Recommendation of "Hold" by Brokerages www.americanbankingnews.com - September 15 at 2:32 AM
	Why US Crude Oil Production Rose Last Week finance.yahoo.com - September 14 at 6:20 PM
	Comstock Resources, Inc. (CRK) Downgraded by ValuEngine www.americanbankingnews.com - September 3 at 4:32 PM
	Comstock Resources, Inc. (CRK) Expected to Post Quarterly Sales of $65.04 Million www.americanbankingnews.com - September 3 at 7:58 AM
	Comstock Resources (CRK) Promotes Daniel Harrison to VP, Operation - StreetInsider.com www.streetinsider.com - September 2 at 4:55 PM
	Comstock Resources, Inc. Announces Management Changes - Nasdaq www.nasdaq.com - September 1 at 5:49 PM
	Comstock Resources, Inc. Announces Management Changes finance.yahoo.com - September 1 at 5:49 PM
	Comstock Resources, Inc. to Post Q3 2017 Earnings of ($1.48) Per Share, KeyCorp Forecasts (CRK) www.americanbankingnews.com - September 1 at 7:20 AM
	5 Broker-Friendly Stocks to Counter Market Uncertainties - Nasdaq www.nasdaq.com - August 31 at 5:24 PM
	5 Broker-Friendly Stocks to Counter Market Uncertainties finance.yahoo.com - August 31 at 5:24 PM
	Comstock Resources, Inc. (CRK) Expected to Post Earnings of -$1.50 Per Share www.americanbankingnews.com - August 29 at 2:28 PM
	Will US Natural Gas Futures Rise in September? finance.yahoo.com - August 28 at 5:24 PM
	ETFs with exposure to Comstock Resources, Inc. : August 25, 2017 finance.yahoo.com - August 25 at 9:01 PM
	Comstock Resources, Inc. (CRK) Given Average Rating of "Hold" by Analysts www.americanbankingnews.com - August 21 at 2:26 AM
	Head to Head Contrast: Comstock Resources (CRK) & Gulfport Energy Corporation (GPOR) www.americanbankingnews.com - August 21 at 12:10 AM
	Comstock Resources, Inc. (CRK) Lowered to Sell at ValuEngine www.americanbankingnews.com - August 20 at 7:32 PM
	Comstock Resources, Inc. :CRK-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017 finance.yahoo.com - August 16 at 5:54 PM
	$67.84 Million in Sales Expected for Comstock Resources, Inc. (CRK) This Quarter www.americanbankingnews.com - August 13 at 9:24 AM
	Analysts Expect Comstock Resources, Inc. (CRK) Will Announce Earnings of -$1.52 Per Share www.americanbankingnews.com - August 11 at 10:50 AM
	Q3 2017 EPS Estimates for Comstock Resources, Inc. Increased by Seaport Global Securities (NYSE:CRK) www.americanbankingnews.com - August 10 at 12:04 PM
	Q3 2017 Earnings Forecast for Comstock Resources, Inc. (NYSE:CRK) Issued By Capital One Financial Corporation www.americanbankingnews.com - August 10 at 12:04 PM
	Comstock (CRK) Q2 Loss Narrower Than Expected, Sales Miss - Nasdaq www.nasdaq.com - August 9 at 10:47 PM
	Comstock Resources, Inc. (NYSE:CRK) Expected to Post FY2018 Earnings of ($8.97) Per Share www.americanbankingnews.com - August 9 at 1:42 PM
	Edited Transcript of CRK earnings conference call or presentation 7-Aug-17 3:00pm GMT finance.yahoo.com - August 8 at 3:56 AM
	Comstock Resources' (CRK) CEO Miles Allison on Q2 2017 Results - Earnings Call Transcript seekingalpha.com - August 7 at 10:56 PM
	Comstock Resources, Inc. Reports Second Quarter 2017 Financial and Operating Results - Nasdaq www.nasdaq.com - August 7 at 5:54 PM
	Investor Network: Comstock Resources, Inc. to Host Earnings Call finance.yahoo.com - August 7 at 5:54 PM
	Comstock Resources, Inc. Reports Second Quarter 2017 Financial and Operating Results finance.yahoo.com - August 7 at 5:54 PM
	Comstock reports 2Q loss finance.yahoo.com - August 7 at 5:54 PM
	Comstock Resources, Inc. (CRK) Announces Earnings Results www.americanbankingnews.com - August 7 at 8:50 AM
	Comstock Resources, Inc. Announces Second Quarter 2017 Earnings Date and Conference Call Information - Nasdaq www.nasdaq.com - July 27 at 5:48 PM
	Comstock Resources, Inc. Announces Second Quarter 2017 Earnings Date and Conference Call Information finance.yahoo.com - July 27 at 5:48 PM
	Comstock Resources, Inc. (NYSE:CRK) Receives Average Rating of "Hold" from Analysts www.americanbankingnews.com - July 27 at 2:42 PM
	Seaport Global Securities Weighs in on Comstock Resources, Inc.'s Q2 2017 Earnings (NYSE:CRK) www.americanbankingnews.com - July 27 at 8:24 AM
	Equities Analysts Offer Predictions for Comstock Resources, Inc.'s Q2 2017 Earnings (CRK) www.americanbankingnews.com - July 27 at 8:24 AM
	Hedge Funds’ Net Long Positions in US Crude Oil Rose Again finance.yahoo.com - July 25 at 5:32 PM
	Zacks: Analysts Expect Comstock Resources, Inc. (CRK) Will Announce Quarterly Sales of $65.43 Million www.americanbankingnews.com - July 23 at 7:24 AM
	-$1.66 EPS Expected for Comstock Resources, Inc. (NYSE:CRK) This Quarter www.americanbankingnews.com - July 22 at 12:08 AM
	US Distillate Inventories Rose for the 3rd Time in 5 Weeks finance.yahoo.com - July 13 at 6:45 PM
	Nigeria and Libya Might Cap Crude Oil Production finance.yahoo.com - July 11 at 6:36 PM
	Analyzing Hedge Funds’ Net Long Position on US Crude Oil finance.yahoo.com - July 11 at 6:36 PM
	US Distillate Inventories Fell for the Second Straight Week finance.yahoo.com - July 8 at 10:01 AM
	Russia’s Crude Oil Production Was Flat in June 2017: What’s Next? finance.yahoo.com - July 4 at 11:44 PM
	Zacks: Analysts Expect Comstock Resources, Inc. (CRK) Will Announce Quarterly Sales of $65.67 Million www.americanbankingnews.com - June 29 at 9:51 AM
	-$1.67 Earnings Per Share Expected for Comstock Resources, Inc. (CRK) This Quarter www.americanbankingnews.com - June 27 at 8:10 PM
	Brokers Set Expectations for Comstock Resources, Inc.'s Q2 2017 Earnings (CRK) www.americanbankingnews.com - June 23 at 8:06 AM
	Analyzing US Gasoline Inventories and Gasoline Demand finance.yahoo.com - June 15 at 6:25 PM