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 - NEC
- Sub-Industry: Oil & Gas Exploration & Production
- Symbol: NYSE:CRK
- CUSIP: 20576820
- Web: www.crkfrisco.com
Capitalization:- Market Cap: $103.92 million
- Outstanding Shares: 15,372,000
Average Prices:- 50 Day Moving Avg: $6.95
- 200 Day Moving Avg: $8.82
- 52 Week Range: $2.64 - $13.42
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -1.75
- P/E Growth: -0.07
Sales & Book Value:- Annual Revenue: $188.5 million
- Price / Sales: 0.55
- Book Value: ($18.67) per share
- Price / Book: -0.36
Profitability:- EBIDTA: $128.07 million
- Net Margins: -52.49%
- Return on Assets: -15.56%
Debt:- Debt-to-Equity Ratio: -3.68%
- Current Ratio: 0.77%
- Quick Ratio: 0.77%
Misc:- Average Volume: 270,865 shs.
- Beta: -0.45
- 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?
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.
How were Comstock Resources' earnings last quarter?
Comstock Resources, Inc. (NYSE:CRK) issued its earnings results on Monday, May, 8th. The company reported ($1.75) EPS for the quarter, beating the consensus estimate of ($1.86) by $0.11. The company earned $53.80 million during the quarter, compared to analyst estimates of $57.96 million. During the same period last year, the firm earned ($1.14) EPS. 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 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 $12.75 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 Falcon Oil & Gas Ltd (FOG), Earthstone Energy (ESTE), Exillon Energy Plc (EXI), SandRidge Permian Trust (PER), Contango Oil & Gas Company (MCF), UK Oil & Gas Investments PLC (UKOG), Bellatrix Exploration Ltd (BXE), LRR Energy LP (LRE), Enduro Royalty Trust (NDRO), Aminex plc (AEX), Transglobe Energy Corp (TGA), Eland Oil & Gas PLC (ELA), Providence Resources PLC (PVR), Jones Energy (JONE), Savannah Petroleum PLC (SAVP), Lekoil Ltd (LEK), Rockhopper Exploration Plc (RKH) and Pantheon Resources Plc (PANR).
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
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 $6.76.
MarketBeat Community Rating for Comstock Resources (NYSE CRK)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?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 3 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $12.75 (88.61% upside) |
Analysts' Ratings History for Comstock Resources (NYSE:CRK)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 3/23/2017 | Stifel Nicolaus | Initiated Coverage | Buy -> Buy | $14.00 | 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 | |
| 9/9/2015 | Capital One Financial Corporation | Downgrade | Overweight -> Underweight | | N/A | |
| 7/22/2015 | Credit Suisse Group AG | Downgrade | Neutral -> Underperform | | N/A | |
(Data available from 7/22/2015 forward)
Earnings History 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 | Details |
|---|
| 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: ($5.82)
2018 EPS Consensus Estimate: ($2.96)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 5 | ($2.68) | ($0.83) | ($1.79) |
| Q2 2017 | 5 | ($2.05) | ($0.78) | ($1.61) |
| Q3 2017 | 5 | ($1.91) | ($0.45) | ($1.23) |
| Q4 2017 | 5 | ($1.78) | ($0.47) | ($1.20) |
| Q1 2018 | 3 | ($1.63) | ($0.19) | ($0.79) |
| Q2 2018 | 3 | ($1.85) | ($0.27) | ($0.89) |
| Q3 2018 | 3 | ($1.89) | ($0.25) | ($0.90) |
| Q4 2018 | 2 | ($0.55) | ($0.21) | ($0.38) |
(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 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: 49.99%
Insider Trades by Quarter for Comstock Resources (NYSE:CRK)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 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 |
|---|
 | -$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 |
| Comstock (CRK) Down 13.5% Since Earnings Report: Can It Rebound?
finance.yahoo.com - June 13 at 12:29 PM |
 | Are Options Traders Betting on a Big Move in Comstock Resources (CRK) Stock? - Nasdaq
www.nasdaq.com - June 10 at 4:40 PM |
| Comstock Resources Inc (CRK) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - June 9 at 5:32 PM |
| Are Options Traders Betting on a Big Move in Comstock Resources (CRK) Stock?
finance.yahoo.com - June 9 at 4:05 PM |
| ETFs with exposure to Comstock Resources, Inc. : June 8, 2017
finance.yahoo.com - June 8 at 5:32 PM |
| Zacks: Analysts Anticipate Comstock Resources Inc (CRK) Will Post Quarterly Sales of $65.77 Million
www.americanbankingnews.com - June 3 at 7:56 AM |
| Comstock Resources Inc (CRK) Expected to Announce Earnings of -$1.82 Per Share
www.americanbankingnews.com - June 1 at 6:30 PM |
| Comstock Resources, Inc. (CRK)
finance.yahoo.com - May 28 at 4:47 PM |
| Comstock Resources Inc Forecasted to Post Q1 2018 Earnings of ($0.19) Per Share (CRK)
www.americanbankingnews.com - May 24 at 10:00 AM |
| ETFs with exposure to Comstock Resources, Inc. : May 23, 2017
finance.yahoo.com - May 23 at 3:34 PM |
| Hedge Fund Net Long Positions in Crude at Lowest since November
finance.yahoo.com - May 15 at 4:23 PM |
| Comstock Resources Inc (CRK) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 13 at 12:46 AM |
| Fall in US Refinery Demand and Imports Impacted Inventories
finance.yahoo.com - May 11 at 5:06 PM |
| ETFs with exposure to Comstock Resources, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 5:06 PM |
| Q2 2017 EPS Estimates for Comstock Resources Inc (CRK) Boosted by Capital One Financial Corp.
www.americanbankingnews.com - May 11 at 9:10 AM |
| Equities Analysts Issue Forecasts for Comstock Resources Inc's Q2 2017 Earnings (CRK)
www.americanbankingnews.com - May 11 at 9:09 AM |
| Comstock (CRK) Reports Narrower-than-Expected Loss in Q1 - Nasdaq
www.nasdaq.com - May 11 at 2:43 AM |
| Comstock (CRK) Reports Narrower-than-Expected Loss in Q1
finance.yahoo.com - May 10 at 4:41 PM |
| Comstock Resources, Inc. :CRK-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 4:41 PM |
| Q3 2017 Earnings Estimate for Comstock Resources Inc (CRK) Issued By Capital One Financial Corp.
www.americanbankingnews.com - May 10 at 9:10 AM |
| Comstock Resources, Inc. Reports First Quarter 2017 Financial and Operating Results - Nasdaq
www.nasdaq.com - May 9 at 8:06 AM |
| Edited Transcript of CRK earnings conference call or presentation 8-May-17 3:00pm GMT
finance.yahoo.com - May 9 at 8:06 AM |
| Comstock Resources Inc (CRK) Issues Earnings Results, Misses Expectations By $0.10 EPS
www.americanbankingnews.com - May 8 at 8:56 PM |
 | Comstock Resources (CRK) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 8 at 4:22 PM |
| Zacks: Analysts Anticipate Comstock Resources Inc (CRK) to Announce -$1.86 Earnings Per Share
www.americanbankingnews.com - May 8 at 1:12 PM |
| Comstock Resources, Inc. Reports First Quarter 2017 Financial and Operating Results
finance.yahoo.com - May 8 at 9:49 AM |
 | Comstock reports 1Q loss
marketbeat.com - May 8 at 7:06 AM |
| Russia’s Crude Oil Production Fell in April: What’s Next?
finance.yahoo.com - May 3 at 10:33 AM |
| Somewhat Negative Press Coverage Very Likely to Impact Comstock Resources (CRK) Share Price
www.americanbankingnews.com - May 2 at 1:52 PM |
| Favorable Media Coverage Very Likely to Affect Comstock Resources (CRK) Stock Price
www.americanbankingnews.com - April 29 at 4:46 PM |
| Comstock Resources, Inc. Announces First Quarter 2017 Earnings Date and Conference Call Information - Yahoo Finance
finance.yahoo.com - April 27 at 10:01 PM |
| Capital One Financial Corp. Analysts Raise Earnings Estimates for Comstock Resources Inc (CRK)
www.americanbankingnews.com - April 27 at 1:38 PM |
| Comstock Resources, Inc. Announces First Quarter 2017 Earnings Date and Conference Call Information
finance.yahoo.com - April 27 at 2:11 AM |
| Somewhat Positive Media Coverage Very Likely to Impact Comstock Resources (CRK) Stock Price
www.americanbankingnews.com - April 26 at 10:36 PM |
| Capital One Financial Corp. Weighs in on Comstock Resources Inc's Q1 2017 Earnings (CRK)
www.americanbankingnews.com - April 26 at 9:09 AM |
| FY2017 EPS Estimates for Comstock Resources Inc Cut by Analyst (CRK)
www.americanbankingnews.com - April 24 at 9:16 AM |
| Comstock Resources (CRK) Earning Somewhat Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 23 at 5:07 PM |
| Q1 2017 Earnings Estimate for Comstock Resources Inc (CRK) Issued By KeyCorp
www.americanbankingnews.com - April 21 at 8:35 AM |
| Somewhat Critical News Coverage Very Likely to Impact Comstock Resources (CRK) Stock Price
www.americanbankingnews.com - April 20 at 5:51 PM |
| Analysts Anticipate Comstock Resources Inc (CRK) Will Post Quarterly Sales of $59.24 Million
www.americanbankingnews.com - April 19 at 11:09 AM |
Comstock Resources (CRK) Chart for Saturday, July, 22, 2017
