Comstock Resources, Inc. (CRK)

NYSE: CRK · Real-Time Price · USD
15.00
+0.96 (6.84%)
Nov 20, 2024, 4:00 PM EST - Market closed
6.84%
Market Cap 4.38B
Revenue (ttm) 1.30B
Net Income (ttm) -63.47M
Shares Out 292.26M
EPS (ttm) -0.22
PE Ratio n/a
Forward PE 46.76
Dividend $0.50 (3.33%)
Ex-Dividend Date Nov 30, 2023
Volume 2,365,855
Open 14.18
Previous Close 14.04
Day's Range 14.18 - 15.07
52-Week Range 7.07 - 15.07
Beta 0.48
Analysts Hold
Price Target 10.50 (-30.0%)
Earnings Date Oct 30, 2024

About CRK

Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. Its assets are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. The company was incorporated in 1919 and is headquartered in Frisco, Texas. Comstock Resources, Inc. is a subsidiary of Arkoma Drilling, L.P. [Read more]

Sector Energy
Founded 1983
Employees 251
Stock Exchange NYSE
Ticker Symbol CRK
Full Company Profile

Financial Performance

In 2023, Comstock Resources's revenue was $1.57 billion, a decrease of -56.86% compared to the previous year's $3.63 billion. Earnings were $211.57 million, a decrease of -81.12%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for CRK stock is "Hold." The 12-month stock price forecast is $10.5, which is a decrease of -30.00% from the latest price.

Price Target
$10.5
(-30.00% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Comstock Resources Continues To Burn Cash

Comstock reported negative $52 million in Q3 2024 FCF, bringing its YTD FCF to negative $308 million. It has made improvements with Western Haynesville D&C costs, but I believe it still requires a fur...

19 days ago - Seeking Alpha

Comstock Resources, Inc. (CRK) Q3 2024 Earnings Call Transcript

Comstock Resources, Inc. (NYSE:CRK) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Jay Allison - Chairman and CEO Roland Burns - President and CFO Daniel Harrison ...

20 days ago - Seeking Alpha

COMSTOCK RESOURCES, INC. REPORTS THIRD QUARTER 2024 FINANCIAL AND OPERATING RESULTS

FRISCO, TX, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended September 30, 2024...

21 days ago - GlobeNewsWire

Top 2 Energy Stocks You May Want To Dump In Q4

As of Oct. 8, 2024, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: RES
6 weeks ago - Benzinga

Comstock Resources: A Speculative Play On The Western Haynesville

Comstock Resources, Inc., an E&P company focused on natural gas in the Haynesville and Bossier shales, faces challenges due to weak natural gas prices. Despite operational efficiency and cost manageme...

3 months ago - Seeking Alpha

Over $34M Bet On Comstock Resources? Check Out These 3 Stocks Executives Are Buying

Although U.S. stocks closed lower on Thursday, there were a few notable insider trades.

Other symbols: APEIMSGE
3 months ago - Benzinga

Comstock Resources, Inc. (CRK) Q2 2024 Earnings Call Transcript

Comstock Resources, Inc. (NYSE:CRK) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Jay Allison - Chairman and CEO Roland Burns - President and CFO Dan Harrison - COO ...

4 months ago - Seeking Alpha

COMSTOCK RESOURCES, INC. REPORTS SECOND QUARTER 2024 FINANCIAL AND OPERATING RESULTS

FRISCO, TX, July 30, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended June 30, 2024.

4 months ago - GlobeNewsWire

Oil Mergers Are Taking Off. These Stocks Stand to Win or Lose.

Small and midsize oil and gas companies could be winners as they attract attention from acquirers. Oil field service companies, by contrast, could be hurt by fewer customers.

Other symbols: ARHPKMTDRPRRRC
6 months ago - Barrons

Comstock Resources, Inc. (CRK) Q1 2024 Earnings Call Transcript

Comstock Resources, Inc. (NYSE:CRK) Q1 2024 Earnings Conference Call May 2, 2024 12:00 PM ET Company Participants Jay Allison - Chairman and Chief Executive Officer Roland Burns - President and Chief...

7 months ago - Seeking Alpha

COMSTOCK RESOURCES, INC. REPORTS FIRST QUARTER 2024 FINANCIAL AND OPERATING RESULTS

FRISCO, TX, May 01, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended March 31, 2024.

7 months ago - GlobeNewsWire

COMSTOCK RESOURCES, INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS DATE AND CONFERENCE CALL INFORMATION

FRISCO, TX, April 05, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release first quarter 2024 results on May 1, 2024 after the market closes and host its quarterly conference ...

8 months ago - GlobeNewsWire

COMSTOCK RESOURCES, INC. ANNOUNCES UPSIZE AND PRICING OF $400.0 MILLION OFFERING OF SENIOR NOTES DUE 2029

FRISCO, TX, April 02, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) ("Comstock" or the "Company") announced today the pricing of its private placement of new 6.75% senior unsecured note...

8 months ago - GlobeNewsWire

COMSTOCK RESOURCES, INC. ANNOUNCES PRIVATE OFFERING OF 6.75% SENIOR NOTES DUE IN 2029

FRISCO, TX, April 02, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that, subject to market conditions, it intends to offer $375.0 million...

8 months ago - GlobeNewsWire

COMSTOCK RESOURCES, INC. ANNOUNCES $100.5 MILLION INVESTMENT BY MAJORITY SHAREHOLDER

FRISCO, TX, March 20, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) announces that its majority shareholder, Jerry Jones, has agreed to make an additional...

8 months ago - GlobeNewsWire

Comstock Resources: Ace In The Hole

Comstock Resources operates in a "swing basin" with low location costs, giving them a competitive advantage over latecomers to the Haynesville Basin. The rig count in the Haynesville dry gas productio...

8 months ago - Seeking Alpha

Comstock Resources, Inc. (CRK) Q4 2023 Earnings Call Transcript

Comstock Resources, Inc. (CRK) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Comstock Resources: Dropping Rigs And Suspending Dividend To Reduce Cash Burn

Comstock Resources: Dropping Rigs And Suspending Dividend To Reduce Cash Burn

10 months ago - Seeking Alpha

COMSTOCK RESOURCES, INC. REPORTS FOURTH QUARTER 2023 FINANCIAL AND OPERATING RESULTS

FRISCO, TX, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter and year ended December ...

10 months ago - GlobeNewsWire

COMSTOCK RESOURCES, INC. ANNOUNCES FOURTH QUARTER 2023 EARNINGS DATE AND CONFERENCE CALL INFORMATION

FRISCO, TX, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release fourth quarter 2023 results on February 13, 2024 after the market closes and host its quarterly confe...

11 months ago - GlobeNewsWire

Comstock Resources: Betting On Jerry Jones

Jerry Jones owns enough stock to control Comstock Resources. Demand for natural gas is still growing, as indicated by bullish forecasts from gas handling equipment suppliers. Supply growth is moderati...

11 months ago - Seeking Alpha

Comstock Resources: The Race Is On

Haynesville pure play E&P companies face challenges in 2024 due to falling natural gas prices, rising supply and stable demand. Comstock will see cash burn through 2024 as a result of lower natural ga...

1 year ago - Seeking Alpha

Comstock Resources: When The Market Gives You Lemons

Comstock Resources stock is down 20% due to warmer weather and high gas storage levels. New LNG plants set to open in 2024-2026 will create new demand for gas. The future investment case for Comstock ...

1 year ago - Seeking Alpha

The Dividend Investor's Natural Gas Export Playbook - Part 5

The final edition of my natural gas export playbook has analyzed two companies that didn't make the cut but still poses opportunity to capitalize on LNG exports. Comstock Resources and USA Compression...

Other symbols: USAC
1 year ago - Seeking Alpha

Comstock Resources, Inc. (CRK) Q3 2023 Earnings Call Transcript

Comstock Resources, Inc. (NYSE:CRK) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants Miles Allison - Chairman & CEO Roland Burns - President, CFO, Secretary & Direct...

1 year ago - Seeking Alpha