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: 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?

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 (star star)
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.

Analyst Ratings

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:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/14/2017Stifel NicolausSet Price TargetBuy$14.00 -> $12.00MediumView Rating Details
8/7/2017Capital One Financial CorporationReiterated RatingUnderweightHighView 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
(Data available from 9/22/2015 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
11/6/2017($1.59)N/AView Earnings Details
8/7/2017Q2 2017($1.67)($1.07)$63.93 million$61.47 millionViewListenView Earnings Details
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: ($6.00)
2018 EPS Consensus Estimate: ($4.17)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175($2.68)($0.83)($1.79)
Q2 20175($1.86)($0.78)($1.57)
Q3 20175($1.91)($0.81)($1.37)
Q4 20175($1.78)($0.74)($1.28)
Q1 20184($1.63)($0.28)($0.92)
Q2 20184($1.85)($0.27)($1.20)
Q3 20184($1.89)($0.23)($1.18)
Q4 20183($1.50)($0.21)($0.87)
(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: 11.60%
Institutional Ownership Percentage: 53.59%
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
americanbankingnews.com logo$63.99 Million in Sales Expected for Comstock Resources, Inc. (CRK) This Quarter
www.americanbankingnews.com - September 21 at 1:26 AM
americanbankingnews.com logoZacks: Brokerages Expect Comstock Resources, Inc. (CRK) to Announce -$1.31 Earnings Per Share
www.americanbankingnews.com - September 20 at 12:14 AM
nasdaq.com logo5 Stocks with Recent Rating Upgrades to Combat Uncertainties - Nasdaq
www.nasdaq.com - September 15 at 10:58 PM
americanbankingnews.com logoComstock Resources, Inc. (CRK) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 15 at 2:32 AM
finance.yahoo.com logoWhy US Crude Oil Production Rose Last Week
finance.yahoo.com - September 14 at 6:20 PM
americanbankingnews.com logoComstock Resources, Inc. (CRK) Downgraded by ValuEngine
www.americanbankingnews.com - September 3 at 4:32 PM
americanbankingnews.com logoComstock Resources, Inc. (CRK) Expected to Post Quarterly Sales of $65.04 Million
www.americanbankingnews.com - September 3 at 7:58 AM
streetinsider.com logoComstock Resources (CRK) Promotes Daniel Harrison to VP, Operation - StreetInsider.com
www.streetinsider.com - September 2 at 4:55 PM
nasdaq.com logoComstock Resources, Inc. Announces Management Changes - Nasdaq
www.nasdaq.com - September 1 at 5:49 PM
finance.yahoo.com logoComstock Resources, Inc. Announces Management Changes
finance.yahoo.com - September 1 at 5:49 PM
americanbankingnews.com logoComstock Resources, Inc. to Post Q3 2017 Earnings of ($1.48) Per Share, KeyCorp Forecasts (CRK)
www.americanbankingnews.com - September 1 at 7:20 AM
nasdaq.com logo5 Broker-Friendly Stocks to Counter Market Uncertainties - Nasdaq
www.nasdaq.com - August 31 at 5:24 PM
finance.yahoo.com logo5 Broker-Friendly Stocks to Counter Market Uncertainties
finance.yahoo.com - August 31 at 5:24 PM
americanbankingnews.com logoComstock Resources, Inc. (CRK) Expected to Post Earnings of -$1.50 Per Share
www.americanbankingnews.com - August 29 at 2:28 PM
finance.yahoo.com logoWill US Natural Gas Futures Rise in September?
finance.yahoo.com - August 28 at 5:24 PM
finance.yahoo.com logoETFs with exposure to Comstock Resources, Inc. : August 25, 2017
finance.yahoo.com - August 25 at 9:01 PM
americanbankingnews.com logoComstock Resources, Inc. (CRK) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - August 21 at 2:26 AM
americanbankingnews.com logoHead to Head Contrast: Comstock Resources (CRK) & Gulfport Energy Corporation (GPOR)
www.americanbankingnews.com - August 21 at 12:10 AM
americanbankingnews.com logoComstock Resources, Inc. (CRK) Lowered to Sell at ValuEngine
www.americanbankingnews.com - August 20 at 7:32 PM
finance.yahoo.com logoComstock Resources, Inc. :CRK-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017
finance.yahoo.com - August 16 at 5:54 PM
americanbankingnews.com logo$67.84 Million in Sales Expected for Comstock Resources, Inc. (CRK) This Quarter
www.americanbankingnews.com - August 13 at 9:24 AM
americanbankingnews.com logo Analysts Expect Comstock Resources, Inc. (CRK) Will Announce Earnings of -$1.52 Per Share
www.americanbankingnews.com - August 11 at 10:50 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for Comstock Resources, Inc. Increased by Seaport Global Securities (NYSE:CRK)
www.americanbankingnews.com - August 10 at 12:04 PM
americanbankingnews.com logoQ3 2017 Earnings Forecast for Comstock Resources, Inc. (NYSE:CRK) Issued By Capital One Financial Corporation
www.americanbankingnews.com - August 10 at 12:04 PM
nasdaq.com logoComstock (CRK) Q2 Loss Narrower Than Expected, Sales Miss - Nasdaq
www.nasdaq.com - August 9 at 10:47 PM
americanbankingnews.com logoComstock Resources, Inc. (NYSE:CRK) Expected to Post FY2018 Earnings of ($8.97) Per Share
www.americanbankingnews.com - August 9 at 1:42 PM
finance.yahoo.com logoEdited Transcript of CRK earnings conference call or presentation 7-Aug-17 3:00pm GMT
finance.yahoo.com - August 8 at 3:56 AM
seekingalpha.com logoComstock Resources' (CRK) CEO Miles Allison on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 7 at 10:56 PM
nasdaq.com logoComstock Resources, Inc. Reports Second Quarter 2017 Financial and Operating Results - Nasdaq
www.nasdaq.com - August 7 at 5:54 PM
finance.yahoo.com logoInvestor Network: Comstock Resources, Inc. to Host Earnings Call
finance.yahoo.com - August 7 at 5:54 PM
finance.yahoo.com logoComstock Resources, Inc. Reports Second Quarter 2017 Financial and Operating Results
finance.yahoo.com - August 7 at 5:54 PM
finance.yahoo.com logoComstock reports 2Q loss
finance.yahoo.com - August 7 at 5:54 PM
americanbankingnews.com logoComstock Resources, Inc. (CRK) Announces Earnings Results
www.americanbankingnews.com - August 7 at 8:50 AM
nasdaq.com logoComstock Resources, Inc. Announces Second Quarter 2017 Earnings Date and Conference Call Information - Nasdaq
www.nasdaq.com - July 27 at 5:48 PM
finance.yahoo.com logoComstock Resources, Inc. Announces Second Quarter 2017 Earnings Date and Conference Call Information
finance.yahoo.com - July 27 at 5:48 PM
americanbankingnews.com logoComstock Resources, Inc. (NYSE:CRK) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - July 27 at 2:42 PM
americanbankingnews.com logoSeaport Global Securities Weighs in on Comstock Resources, Inc.'s Q2 2017 Earnings (NYSE:CRK)
www.americanbankingnews.com - July 27 at 8:24 AM
americanbankingnews.com logoEquities Analysts Offer Predictions for Comstock Resources, Inc.'s Q2 2017 Earnings (CRK)
www.americanbankingnews.com - July 27 at 8:24 AM
finance.yahoo.com logoHedge Funds’ Net Long Positions in US Crude Oil Rose Again
finance.yahoo.com - July 25 at 5:32 PM
americanbankingnews.com logoZacks: Analysts Expect Comstock Resources, Inc. (CRK) Will Announce Quarterly Sales of $65.43 Million
www.americanbankingnews.com - July 23 at 7:24 AM
americanbankingnews.com logo-$1.66 EPS Expected for Comstock Resources, Inc. (NYSE:CRK) This Quarter
www.americanbankingnews.com - July 22 at 12:08 AM
finance.yahoo.com logoUS Distillate Inventories Rose for the 3rd Time in 5 Weeks
finance.yahoo.com - July 13 at 6:45 PM
finance.yahoo.com logoNigeria and Libya Might Cap Crude Oil Production
finance.yahoo.com - July 11 at 6:36 PM
finance.yahoo.com logoAnalyzing Hedge Funds’ Net Long Position on US Crude Oil
finance.yahoo.com - July 11 at 6:36 PM
finance.yahoo.com logoUS Distillate Inventories Fell for the Second Straight Week
finance.yahoo.com - July 8 at 10:01 AM
finance.yahoo.com logoRussia’s Crude Oil Production Was Flat in June 2017: What’s Next?
finance.yahoo.com - July 4 at 11:44 PM
americanbankingnews.com logoZacks: Analysts Expect Comstock Resources, Inc. (CRK) Will Announce Quarterly Sales of $65.67 Million
www.americanbankingnews.com - June 29 at 9:51 AM
americanbankingnews.com logo-$1.67 Earnings Per Share Expected for Comstock Resources, Inc. (CRK) This Quarter
www.americanbankingnews.com - June 27 at 8:10 PM
americanbankingnews.com logoBrokers Set Expectations for Comstock Resources, Inc.'s Q2 2017 Earnings (CRK)
www.americanbankingnews.com - June 23 at 8:06 AM
finance.yahoo.com logoAnalyzing US Gasoline Inventories and Gasoline Demand
finance.yahoo.com - June 15 at 6:25 PM

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Chart

Comstock Resources (CRK) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff