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CRK

Comstock Resources Inc

CRK

8.89USD-0.17 (-1.88%)Delayed
Watchlist

Market Summary

USD8.89-0.17
Delayed
-1.88%

CRK Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

CRK Stock Price

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CRK RSI Chart

CRK Alerts

CRK Valuation

Market Cap

2.5B

Price/Earnings (Trailing)

3.97

Price/Sales (Trailing)

1.18

EV/EBITDA

1.69

Price/Free Cashflow

1.93

CRK Price/Sales (Trailing)

CRK Profitability

EBT Margin

34.95%

Return on Equity

27.31%

Return on Assets

10.34%

Free Cashflow Yield

51.81%

CRK Fundamentals

CRK Revenue

Revenue (TTM)

2.1B

Revenue Y/Y

-68.34%

Revenue Q/Q

30.72%

CRK Earnings

Earnings (TTM)

623.3M

Earnings Y/Y

-95.86%

Earnings Q/Q

132.21%

Price Action

Last 7 days

-12.0%

Last 30 days

-22.0%

Last 90 days

-28.0%

Trailing 12 Months

-37%

How does CRK drawdown profile look like?

CRK Financial Health

Current Ratio

0.5

CRK Investor Care

Dividend Yield

5.62%

Dividend/Share (TTM)

0.5

Shares Dilution (1Y)

19.11%

Diluted EPS (TTM)

2.29

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.6B2.9B2.1B0
20222.0B2.6B3.3B3.6B
2021972.8M1.1B1.5B1.9B
2020867.7M919.1M872.7M858.2M
2019455.7M478.6M632.9M768.7M
2018274.1M274.1M312.5M390.3M
2017193.3M214.1M230.6M255.3M
2016222.1M185.5M174.4M175.7M
2015479.8M401.4M317.8M252.4M
2014467.2M515.0M548.4M555.2M
2013407.1M404.4M418.8M420.3M
2012456.8M455.0M432.8M422.6M
2011331.1M352.9M392.6M434.4M
2010330.3M356.1M368.4M349.1M
2009515.9M441.4M367.0M292.6M
2008000590.3M
Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for CRK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 15, 2023
mcgough patrick
sold (taxes)
-875
10.68
-82.00
vice president of operations
Jun 15, 2023
harrison daniel s
acquired
-
-
1,277
chief operating officer
Jun 15, 2023
mills ronald eugene
sold (taxes)
-715
10.68
-67.00
vp of finance. and ir
Jun 15, 2023
mcgough patrick
acquired
-
-
338
vice president of operations
Jun 15, 2023
presley daniel k
acquired
-
-
335
vp of accounting
Jun 15, 2023
presley daniel k
sold (taxes)
-865
10.68
-81.00
vp of accounting
Jun 15, 2023
sanders larae lynn
acquired
-
-
316
vice president of land
Jun 15, 2023
sanders larae lynn
sold (taxes)
-811
10.68
-76.00
vice president of land
Jun 15, 2023
mills ronald eugene
acquired
-
-
276
vp of finance. and ir
Jun 15, 2023
harrison daniel s
sold (taxes)
-5,361
10.68
-502
chief operating officer

1–10 of 50

Which funds bought or sold CRK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-17.05
-2,065,580
7,712,120
 0.01%
Dec 04, 2023
TUCKER ASSET MANAGEMENT LLC
unchanged
-
-67.00
1,279
 -%
Dec 01, 2023
B. Riley Wealth Advisors, Inc.
sold off
-100
-136,830
-
 -%
Nov 30, 2023
Neo Ivy Capital Management
new
-
80,000
80,000
 0.04%
Nov 24, 2023
DEUTSCHE BANK AG\
added
13.06
36,058
516,843
 -%
Nov 22, 2023
Public Sector Pension Investment Board
reduced
-30.12
-632,761
1,252,850
 0.01%
Nov 22, 2023
KBC Group NV
unchanged
-
-
73,000
 -%
Nov 21, 2023
Walleye Capital LLC
new
-
869,043
869,043
 -%
Nov 21, 2023
COMERICA BANK
added
83,194
467,555
468,555
 -%
Nov 16, 2023
Creative Planning
sold off
-100
-142,868
-
 -%

1–10 of 38

Latest Funds Activity

Are funds buying CRK calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CRK
No. of Funds

Schedule 13G FIlings of Comstock Resources Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jun 08, 2021
covey park holdings llc
4.3%
10,013,186
SC 13D/A
Aug 28, 2020
covey park holdings llc
8.2%
19,013,186
SC 13D/A
Aug 27, 2020
jones jerral w.
49.8%
137,521,827
SC 13D/A
May 22, 2020
covey park holdings llc
72.2%
167,404,429
SC 13D/A
Feb 13, 2020
oaktree capital management lp
0.0%
0
SC 13G/A

Recent SEC filings of Comstock Resources Inc

View All Filings
Date Filed Form Type Document
Nov 02, 2023
10-Q
Quarterly Report
Oct 30, 2023
8-K
Current Report

Peers (Alternatives to Comstock Resources Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
XOM
394.5B
355.7B
 -3.29% -3.94%
9.59
1.11
 -11.79% -20.69%
CVX
269.5B
210.2B
 1.35% -16.10%
10.58
1.28
 -11.63% -25.47%
MRO
14.8B
6.6B
 -3.06% -9.92%
8.79
2.23
 -17.82% -54.98%
CHK
9.9B
10.9B
 -7.80% -19.02%
1.83
0.91
 37.84% 94.62%
OXY
-
29.7B
 -7.67% -10.94%
-
-
 -19.21% -57.99%
MID-CAP
RRC
7.2B
3.9B
 -10.24% 20.19%
5.21
1.83
 -12.27% 9.11%
HP
3.6B
2.9B
 -5.55% -22.16%
8.23
1.24
 39.51% 6143.35%
CNX
3.2B
3.4B
 -3.84% 25.88%
1.34
0.95
 197.39% 446.96%
KOS
2.9B
1.8B
 -3.50% 10.26%
37.6
1.66
 -23.88% -82.35%
CPE
2.0B
2.4B
 -7.33% -15.63%
3.69
0.83
 -7.39% -51.28%
SMALL-CAP
AMPY
230.9M
327.6M
 -1.50% -15.45%
0.61
0.7
 -27.62% 496.32%
AMTX
179.2M
-
 -0.66% 15.78%
-1.27
1.18
 21.03% -281.13%
BATL
83.1M
250.3M
 -17.62% -53.54%
-1.92
0.33
 -31.75% -183.24%
AE
67.7M
2.8B
 -16.17% -31.68%
-10.96
0.02
 -14.73% -145.53%
BRN
24.6M
26.8M
 2.07% -17.57%
-24.44
0.92
 8.21% -113.99%

Comstock Resources Inc News

Latest updates
Stocks Register • 09 Dec 2023 • 07:08 pm • 22 hours ago
Vital Energy Inc. (VTLE) Is A Good Investment At Current Valuations ...
MarketBeat • 07 Dec 2023 • 06:45 am • 3 days ago
Comstock Resources, Inc. (NYSE:CRK) Given Average ...
SETE News • 06 Dec 2023 • 02:48 pm • 4 days ago
Does Crown ElectroKinetics Corp (CRKN) offer a good opportunity ...
EnerCom Inc. • 01 Dec 2023 • 06:36 pm • 8 days ago
SilverBow Resources announces closing of Chesapeake acquisition ...
Defense World • 01 Dec 2023 • 09:43 am • 9 days ago
Swiss National Bank Buys 100200 Shares of Comstock Resources ...
Insider Monkey • 29 Nov 2023 • 08:42 pm • 10 days ago
Top 25 Natural Gas Producers in the US
Nasdaq • 28 Nov 2023 • 08:00 am • 12 days ago
Ex-Dividend Reminder: Golar LNG, Comstock Resources and ...
Simply Wall St • 24 Nov 2023 • 11:51 am • 16 days ago
Comstock Resources, Inc.'s (NYSE:CRK) top owners are private companies with 50% stake, while 34% is held by institutions
Stocks Register • 07 Nov 2023 • 02:00 pm • 33 days ago
No Stopping Nine Energy Service Inc (NYSE: NINE)'s Stock Plunged ...
Stocks Register • 07 Nov 2023 • 01:31 pm • 33 days ago
Invitae Corp (NYSE: NVTA) Investors Should Be Worried About This ...
Stocks Register • 07 Nov 2023 • 01:01 pm • 33 days ago
Is Arcutis Biotherapeutics Inc (NASDAQ: ARQT) Doomed From The ...
Defense World • 07 Nov 2023 • 10:20 am • 33 days ago
Bank of Montreal Can Buys New Shares in Takeda Pharmaceutical ...
O'Melveny & Myers • 07 Nov 2023 • 08:00 am • 33 days ago
O'Melveny Advises Comstock Resources on Midstream Partnership ...
InvestorsObserver • 06 Nov 2023 • 08:00 am • 34 days ago
Energy Stocks Making Moves Monday: BANL, TS, UGP, SHEL, REI, SWN, PFIE, CRK
Defense World • 04 Nov 2023 • 07:52 am • 36 days ago
Clorox (NYSE:CLX) Stock Rating Upgraded by Citigroup

Financials for Comstock Resources Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue30.7%3772884909451,19094652565551134434027517818022628922412812715370.00
Operating Expenses7.9%32930534442241929718835721519718117216617618218814884.0074.0072.0036.00
  S&GA Expenses-4.5%10.0010.0012.0012.0010.009.008.0011.008.008.008.006.009.008.009.006.008.007.008.008.003.00
EBITDA Margin7.7%0.69*0.64*0.68*0.57*0.57*0.45*0.23*0.25*0.10*0.19*0.39*0.69*0.61*0.75*0.80*------
Interest Expenses11.3%44.0039.0038.0039.0041.0044.0046.0048.0050.0057.0064.0066.0064.0052.0053.0054.0051.0029.0028.0029.0015.00
Income Taxes125.0%4.00-14.4540.0081.00103108-31.6286.0024.00-68.18-29.9737.00-46.12-11.4411.0013.004.007.004.0015.004.00
Earnings Before Taxes130.5%18.00-60.15174601458485-143446-264-247-164119-172-61.3253.0068.0011.0029.0018.0065.0018.00
EBT Margin-13.3%0.35*0.40*0.48*0.39*0.38*0.20*-0.10*-0.12*-0.38*-0.41*-0.29*-0.07*-0.13*0.08*0.18*------
Net Income132.2%15.00-45.71135520356377-111360-288-179-13482.00-126-49.8842.0055.007.0021.0014.0050.0014.00
Net Income Margin-10.3%0.30*0.33*0.39*0.31*0.30*0.13*-0.11*-0.13*-0.35*-0.32*-0.23*-0.06*-0.09*0.06*0.14*------
Free Cashflow-78.7%71.00332119227-10071.0059.0064.0019.0028.009.0025.0026.007.00-9.61-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets3.3%6,0315,8375,7015,6945,5845,2884,7504,6684,8874,7644,7354,6244,5034,5334,6444,6574,5522,2832,2222,1882,094
  Current Assets16.0%327282423645709531268319310225244200150188268290268151134159131
    Cash Equivalents100.0%20.0010.0034.0055.0039.0032.0012.0031.0028.0020.0077.0030.0028.0012.0016.0019.0053.0047.0029.0023.0032.00
  Net PPE3.9%5,2205,0264,8604,6234,4404,3134,1294,0074,2344,1964,1444,0854,0124,0014,0294,0093,9171,7651,7231,6681,594
  Goodwill0.0%336336336336336336336336336336336336336336336336336350350336350
Liabilities6.0%3,7483,5373,3213,4163,7903,8423,6763,4804,0573,6423,4303,1823,1403,0413,0873,1353,1071,6771,6381,6181,573
  Current Liabilities-13.4%6607626287561,0929659386341,063656434442381291328392389229198207180
    LT Debt, Non Current15.0%2,5032,1762,1542,1532,2622,5102,5342,6152,8012,8472,8002,5172,5082,5022,5072,5002,5081,2671,2661,2441,243
Shareholder's Equity-0.8%2,2832,3002,3802,2781,6191,2718991,0136559471,1301,2671,1881,3181,1741,1431,070606584570521
  Retained Earnings-2.2%88590698688640453.00-319-204-560-267-83.2655.00-22.3410916913998.0099.0078.0064.0014.00
  Additional Paid-In Capital0.2%1,2581,2551,2551,2531,0991,1021,1021,1001,0991,0981,0971,0951,0941,093911909880454453453454
Accumulated Depreciation8.1%1,9621,8151,6791,5451,4121,2831,1641,0581,2611,1321,011902798700597486375295248211175
Shares Outstanding0.0%278278278278234232232233232231231232231209189190171105105106105
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-78.7%70,765,000331,510,000386,364,000493,905,000507,949,000410,916,000285,618,000240,452,000232,970,000192,311,000193,272,000185,746,000123,864,000115,972,000150,119,000168,431,000109,780,00098,311,00074,715,00098,693,0003,609,000
  Share Based Compensation15.2%2,655,0002,305,0002,046,0001,692,0001,842,0001,581,0001,495,0001,508,0001,802,0001,799,0001,690,0001,730,0001,752,0001,552,0001,430,0001,661,0001,088,000623,000648,000665,000329,000
Cashflow From Investing-3.7%-351,045,000-338,680,000-372,507,000-329,449,000-242,272,000-311,151,000-214,811,000-43,026,000-169,222,000-173,017,000-165,551,000-178,853,000-98,471,000-90,384,000-143,490,000-177,937,000-823,600,000-80,808,000-88,494,000-111,588,000-50,046,000
Cashflow From Financing1849.4%290,196,000-16,588,000-34,832,000-148,452,000-259,301,000-79,630,000-89,333,000-194,604,000-55,634,000-77,002,00019,442,000-4,889,000-8,720,000-29,520,000-9,634,000-25,205,000720,316,000-80,00019,910,0004,308,000-815,970,000
  Dividend Payments0.3%34,804,00034,689,00034,688,00034,688,000-----------------

CRK Income Statement

2023-09-30
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:    
Total natural gas and oil sales$ 376,737$ 1,190,005$ 1,154,526$ 2,705,673
Operating expenses:    
Production and ad valorem taxes25,38624,53159,89160,080
Gathering and transportation47,01244,740137,981113,797
Lease operating31,66428,608100,52579,873
Exploration001,7753,363
Depreciation, depletion and amortization148,190129,065422,350354,994
Gas services67,632181,818224,317305,271
General and administrative9,58610,16531,99227,451
Loss (gain) on sale of assets00(125)(21)
Total operating expenses329,470418,927978,706944,808
Operating income47,267771,078175,8201,760,865
Other income (expenses):    
Gain (loss) from derivative financial instruments14,276(271,335)76,190(781,654)
Other income409561,467506
Interest expense(43,624)(41,393)(121,082)(132,204)
Loss on early retirement of debt0(0)0(46,840)
Total other expenses(28,939)(312,672)(43,425)(960,192)
Income before income taxes18,328458,406132,395800,673
Provision for income taxes(3,608)(102,810)(28,878)(179,610)
Net income14,720355,596103,517621,063
Preferred stock dividends0(4,411)0(13,089)
Net income available to common stockholders$ 14,720$ 351,185$ 103,517$ 607,974
Net income per share:    
Basic (in dollars per share)$ 0.05$ 1.5$ 0.37$ 2.61
Diluted (in dollars per share)$ 0.05$ 1.28$ 0.37$ 2.24
Weighted average shares outstanding:    
Basic (in shares)276,999232,482276,741232,170
Diluted (in shares)276,999277,715276,741277,605
Common stock dividends declared (in dollars per share)$ 0.125$ 0$ 0.375$ 0
Total natural gas and oil sales    
Revenues:    
Total natural gas and oil sales$ 305,450$ 996,915$ 915,176$ 2,383,098
Natural gas sales    
Revenues:    
Total natural gas and oil sales304,141994,979911,0652,376,774
Oil sales    
Revenues:    
Total natural gas and oil sales1,3091,9364,1116,324
Gas services    
Revenues:    
Total natural gas and oil sales$ 71,287$ 193,090$ 239,350$ 322,575

CRK Balance Sheet

2023-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS  
Cash and cash equivalents$ 19,835$ 54,652
Accounts receivable:  
Natural gas and oil sales and gas services157,130415,079
Joint interest operations36,50676,521
From affiliates21,16818,527
Derivative financial instruments23,97323,884
Other current assets68,57256,324
Total current assets327,184644,987
Natural gas and oil properties, successful efforts method:  
Proved6,810,4405,843,409
Unproved323,666298,230
Other48,27326,475
Accumulated depreciation, depletion and amortization(1,962,418)(1,545,459)
Net property and equipment5,219,9614,622,655
Goodwill335,897335,897
Operating lease right-of-use assets148,06690,716
Total assets6,031,1085,694,255
LIABILITIES AND STOCKHOLDERS' EQUITY  
Accounts payable503,564530,195
Accrued costs103,666183,111
Operating leases52,73138,411
Derivative financial instruments04,420
Total current liabilities659,961756,137
Long-term debt2,503,4072,152,571
Deferred income taxes454,612425,734
Derivative financial instruments4,5400
Long-term operating leases95,39752,385
Reserve for future abandonment costs30,43429,114
Total liabilities3,748,3513,415,941
Commitments and contingencies
Stockholders' equity:  
Common stock - $0.50 par, 400,000,000 shares authorized, 278,429,463 and 277,517,087 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively139,214138,759
Additional paid-in capital1,258,0691,253,417
Accumulated earnings885,474886,138
Total stockholders' equity2,282,7572,278,314
Total liabilities and stockholders' equity$ 6,031,108$ 5,694,255

About Comstock Resources Inc

CRK
Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. The company was incorporated in 1919 and is based in Frisco, Texas.
 CEO
 WEBSITEwww.comstockresources.com
 EMPLOYEES244

Comstock Resources Inc Frequently Asked Questions

What is the ticker symbol for Comstock Resources Inc? What does CRK stand for in stocks?

CRK is the stock ticker symbol of Comstock Resources Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Comstock Resources Inc (CRK)?

As of Fri Dec 08 2023, market cap of Comstock Resources Inc is 2.48 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CRK stock?

You can check CRK's fair value in chart. The fair value of Comstock Resources Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Comstock Resources Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CRK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Comstock Resources Inc a good stock to buy?

The fair value guage provides a quick view whether CRK is over valued or under valued. Whether Comstock Resources Inc is cheap or expensive depends on the assumptions which impact Comstock Resources Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CRK.

What is Comstock Resources Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Dec 08 2023, CRK's PE ratio (Price to Earnings) is 3.97 and Price to Sales (PS) ratio is 1.18. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CRK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Comstock Resources Inc's stock?

In the past 10 years, Comstock Resources Inc has provided -0.2 (multiply by 100 for percentage) rate of return.