Comstock Resources, Inc. (CRK)
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]
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 StatementsAnalyst 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.
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...
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 ...
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...
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.
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...
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.
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 ...
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.
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...
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.
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 ...
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...
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...
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...
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...
Comstock Resources, Inc. (CRK) Q4 2023 Earnings Call Transcript
Comstock Resources, Inc. (CRK) Q4 2023 Earnings Call Transcript
Comstock Resources: Dropping Rigs And Suspending Dividend To Reduce Cash Burn
Comstock Resources: Dropping Rigs And Suspending Dividend To Reduce Cash Burn
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 ...
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...
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...
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...
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 ...
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...
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...