Comstock Resources, Inc., an independent energy company, acquires, develops, explores, and produces oil and natural gas properties in the United States. Its oil and gas operations are primarily located in East Texas/North Louisiana and South Texas; and New Mexico and the Mid-Continent region. The company owns interests in 1,309 producing oil and natural gas wells. As of December 31, 2017, it had proved reserves of 1,162 billion cubic feet of natural gas equivalent. Comstock Resources, Inc. was founded in 1919 and is headquartered in Frisco, Texas.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:CRK
CUSIP20576820
Phone972-668-8800
Debt
Debt-to-Equity Ratio-2.76
Current Ratio1.24
Quick Ratio1.24
Price-To-Earnings
Trailing P/E Ratio-2.57
Forward P/E Ratio25.03
P/E GrowthN/A
Sales & Book Value
Annual Sales$255.33 million
Price / Sales0.63
Cash Flow$6.5855 per share
Price / Cash1.52
Book Value($23.94) per share
Price / Book-0.42
Profitability
EPS (Most Recent Fiscal Year)($3.90)
Net Income$-111,400,000.00
Net Margins-47.56%
Return on EquityN/A
Return on Assets-4.42%
Miscellaneous
Employees113
Outstanding Shares16,170,000
Comstock Resources (NYSE:CRK) Frequently Asked Questions
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 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 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 quarterly earnings results on Thursday, May, 10th. The oil and gas producer reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.68) by $0.45. The oil and gas producer earned $72.59 million during the quarter, compared to analysts' expectations of $76.10 million. View Comstock Resources' Earnings History.
When is Comstock Resources' next earnings date?
What price target have analysts set for CRK?
5 Wall Street analysts have issued 12-month price targets for Comstock Resources' stock. Their forecasts range from $6.00 to $12.00. On average, they expect Comstock Resources' share price to reach $9.2667 in the next twelve months. View Analyst Ratings for Comstock Resources.
Who are some of Comstock Resources' key competitors?
Some companies that are related to Comstock Resources include Dorchester Minerals (DMLP), Advantage Oil & Gas (AAV), Obsidian Energy (OBE), SandRidge Energy (SD), NOSTRUM OIL & G/ADR (NSTRY), TETRA Technologies (TTI), Hess Midstream Partners (HESM), Eclipse Resources (ECR), Earthstone Energy (ESTE), Legacy Reserves LP Unit (LGCY), Freedom (FRHC), Abraxas Petroleum (AXAS), Ultra Petroleum (UPL), Pengrowth Energy (PGH) and Pengrowth Energy (PGHEF).
Who are Comstock Resources' key executives?
Comstock Resources' management team includes the folowing people:
- Mr. Miles Jay Allison, CEO & Chairman (Age 62)
- Mr. Roland O. Burns, Pres, CFO, Sec. & Director (Age 58)
- Mr. Daniel S. Harrison, VP of Operations (Age 54)
- Mr. Daniel K. Presley, VP of Accounting, Controller & Treasurer (Age 58)
- Mr. D. Dale Gillette, VP of Legal & Gen. Counsel (Age 72)
Has Comstock Resources been receiving favorable news coverage?
Media stories about CRK stock have trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Comstock Resources earned a coverage optimism score of 0.14 on Accern's scale. They also assigned news articles about the oil and gas producer an impact score of 46.96 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Comstock Resources' major shareholders?
Comstock Resources' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Hodges Capital Management Inc. (8.61%), Millennium Management LLC (1.80%), Russell Investments Group Ltd. (0.67%), Hawk Ridge Capital Management LP (0.59%), Spark Investment Management LLC (0.35%) and Prime Capital Investment Advisors LLC (0.33%). Company insiders that own Comstock Resources stock include Cecil E Martin Jr and M Jay Allison. View Institutional Ownership Trends for Comstock Resources.
Which institutional investors are selling Comstock Resources stock?
Which institutional investors are buying Comstock Resources stock?
CRK stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Hodges Capital Management Inc., Hawk Ridge Capital Management LP, Spark Investment Management LLC, Dynamic Technology Lab Private Ltd, Russell Investments Group Ltd., Trexquant Investment LP and A.R.T. Advisors LLC. Company insiders that have bought Comstock Resources stock in the last two years include Cecil E Martin Jr and M Jay Allison. View Insider Buying and Selling for Comstock Resources.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Comstock Resources' stock price today?
One share of CRK stock can currently be purchased for approximately $10.01.
How big of a company is Comstock Resources?
Comstock Resources has a market capitalization of $163.18 million and generates $255.33 million in revenue each year. The oil and gas producer earns $-111,400,000.00 in net income (profit) each year or ($3.90) on an earnings per share basis. Comstock Resources employs 113 workers across the globe.
How can I contact Comstock Resources?
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]
MarketBeat Community Rating for Comstock Resources (CRK)
MarketBeat's community ratings are surveys of what our community members think about Comstock Resources and other stocks. Vote "Outperform" if you believe CRK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRK will underperform the S&P 500 over the long term. You may vote once every thirty days.
