NYSE:CRK - Comstock Resources Stock Price, News & Analysis

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

Comstock Resources shares 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.

Comstock Resources Inc (NYSE:CRK) posted its earnings results on Wednesday, August, 7th. The oil and gas producer reported $0.12 EPS for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.10. The oil and gas producer earned $128.12 million during the quarter, compared to analysts' expectations of $127.90 million. Comstock Resources had a net margin of 16.09% and a return on equity of 12.24%. View Comstock Resources' Earnings History.

Comstock Resources is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Comstock Resources.

3 equities research analysts have issued 12 month price objectives for Comstock Resources' stock. Their forecasts range from $6.50 to $11.00. On average, they expect Comstock Resources' share price to reach $8.75 in the next twelve months. This suggests that the stock has a possible downside of 6.9%. View Analyst Price Targets for Comstock Resources.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comstock Resources in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Comstock Resources.

News stories about CRK stock have been trending negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Comstock Resources earned a news impact score of -2.9 on InfoTrie's scale. They also gave news stories about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Comstock Resources.

Comstock Resources saw a increase in short interest in August. As of August 31st, there was short interest totalling 3,236,200 shares, an increase of 5.9% from the July 31st total of 3,054,800 shares. Based on an average daily volume of 518,700 shares, the days-to-cover ratio is currently 6.2 days. Currently, 23.9% of the shares of the company are sold short. View Comstock Resources' Current Options Chain.

Some companies that are related to Comstock Resources include Encana (ECA), Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), Viper Energy Partners (VNOM), Murphy Oil (MUR), Black Stone Minerals (BSM), Magnolia Oil & Gas (MGY), EQT (EQT), Vermilion Energy (VET), Kosmos Energy (KOS), Chesapeake Energy (CHK), Crescent Point Energy (CPG), PDC Energy (PDCE) and Tellurian (TELL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Comstock Resources investors own include Chesapeake Energy (CHK), Micron Technology (MU), Avid Bioservices (CDMO), AT&T (T), Boeing (BA), Chevron (CVX), Energy Transfer LP Unit (ET), Prospect Capital (PSEC), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

Comstock Resources' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.03%), Hodges Capital Management Inc. (0.50%), Vanguard Group Inc. (0.60%), ACR Alpine Capital Research LLC (0.52%), Renaissance Technologies LLC (0.31%) and Marshall Wace LLP (0.13%). Company insiders that own Comstock Resources stock include M Jay Allison and Star Exploration Corp Blue. View Institutional Ownership Trends for Comstock Resources.

CRK stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Renaissance Technologies LLC, First Trust Advisors LP, TCG Advisors LP, Hodges Capital Management Inc., Morgan Stanley and First Dallas Securities Inc.. View Insider Buying and Selling for Comstock Resources.

CRK stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Marshall Wace LLP, Vanguard Group Inc., BNP Paribas Arbitrage SA, ACR Alpine Capital Research LLC, Panagora Asset Management Inc., Charles Schwab Investment Management Inc. and Howard Financial Services LTD.. Company insiders that have bought Comstock Resources stock in the last two years include M Jay Allison and Star Exploration Corp Blue. View Insider Buying and Selling for Comstock Resources.

Shares of CRK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CRK stock can currently be purchased for approximately $9.40.

Comstock Resources has a market capitalization of $1.74 billion and generates $390.25 million in revenue each year. Comstock Resources employs 113 workers across the globe.View Additional Information About Comstock Resources.

The official website for Comstock Resources is http://www.crkfrisco.com/.

Comstock Resources' mailing address is 5300 TOWN AND COUNTRY BLVD STE 500, FRISCO TX, 75034. The oil and gas producer can be reached via phone at 972-668-8800 or via email at [email protected]