Comstock Resources, Inc. (CRK)

NYSE: CRK · IEX Real-Time Price · USD
17.29
+0.48 (2.86%)
At close: Sep 30, 2022 4:00 PM
17.35
+0.06 (0.35%)
After-hours: Sep 30, 2022 7:04 PM EDT
2.86%
Market Cap 4.03B
Revenue (ttm) 2.64B
Net Income (ttm) 320.06M
Shares Out 233.17M
EPS (ttm) 1.10
PE Ratio 15.72
Forward PE 6.94
Dividend n/a
Ex-Dividend Date n/a
Volume 3,075,761
Open 16.53
Previous Close 16.81
Day's Range 16.46 - 17.59
52-Week Range 6.88 - 22.11
Beta 1.22
Analysts Buy
Price Target 22.39 (+29.5%)
Earnings Date Oct 31, 2022

About 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. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves. It also owns interests in 2,557 producing oil and natural gas wells. The company was incorporated in 1919 and is headquartered in Frisco, Texas. [Read more...]

Industry Oil, Gas & Consumable Fuels
Founded 1983
CEO M. Jay Allison
Employees 205
Stock Exchange NYSE
Ticker Symbol CRK
Full Company Profile

Financial Performance

In 2021, CRK's revenue was $1.85 billion, an increase of 115.65% compared to the previous year's $858.20 million. Losses were -$241.73 million, 361.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for CRK stock is "Buy." The 12-month stock price forecast is 22.39, which is an increase of 29.50% from the latest price.

Price Target
$22.39
(29.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

KeyBanc's Rezvan makes the bull case for oil stocks

Tim Rezvan, managing director of equity research at KeyBanc Capital Markets, joins 'The Exchange' to discuss opportunities for mid-cap growth in energy markets, U.S. oil production growth forecasts and ...

1 week ago - CNBC Television

Energy Stock Nears Buy Point In Resilient Action As Earnings Growth Surges

The energy stock is forming a base with a new buy point. The post Energy Stock Nears Buy Point In Resilient Action As Earnings Growth Surges appeared first on Investor's Business Daily.

1 month ago - Investors Business Daily

5 Best-Performing Stocks of the Top ETF of August

iShares U.S. Oil & Gas Exploration & Production ETF (IEO) topped the list of the best-performing U.S. equity ETFs in August, gaining about 15%. The rally was driven by a rise in oil price.

Other symbols: CIVIDENIEOKOS
1 month ago - Zacks Investment Research

Comstock Resources (CRK) Q2 Earnings and Revenues Surpass Estimates

Comstock (CRK) delivered earnings and revenue surprises of 7.53% and 41.37%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

COMSTOCK RESOURCES, INC. REPORTS SECOND QUARTER 2022 FINANCIAL AND OPERATING RESULTS

FRISCO, TX, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended June 30, 2022.

2 months ago - GlobeNewsWire

Oil Stocks Drive Market Rally; Earnings Due

Several oil stocks leapt Friday as oil prices rose. Occidental, New Fortress and Viper are due to report earnings within days.

Other symbols: EQNRMTDRNFEOXYVNOM
2 months ago - Investors Business Daily

Comstock (CRK) Headed for Strong Q2 Earnings: Know Why

Comstock Resources' (CRK) profit levels in the second quarter is set to have benefited from surging natural gas price realizations.

2 months ago - Zacks Investment Research

Comstock Resources (CRK) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Comstock (CRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Is Comstock Resources (CRK) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

Natural Gas Notched Its First Gain in Four Weeks: Here's Why

Natural gas-oriented companies like SilverBow Resources (SBOW), Cheniere Energy (LNG), Antero Resources (AR) and Comstock Resources (CRK) can make money even in a volatile environment.

Other symbols: ARLNGSBOW
2 months ago - Zacks Investment Research

Comstock (CRK) Upgraded to Buy: Here's What You Should Know

Comstock (CRK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

2 months ago - Zacks Investment Research

Is Comstock Resources (CRK) Outperforming Other Oils-Energy Stocks This Year?

Here is how Comstock Resources (CRK) and Range Resources (RRC) have performed compared to their sector so far this year.

2 months ago - Zacks Investment Research

COMSTOCK RESOURCES, INC. ANNOUNCES SECOND QUARTER 2022 EARNINGS DATE AND CONFERENCE CALL INFORMATION

FRISCO, TX, June 29, 2022 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release second quarter 2022 results on August 1, 2022 after the market closes and host its quarterly conference...

3 months ago - GlobeNewsWire

Buffett, Jones and Hamm: An Oil Wisdom Trifecta

Someone once said, “Better than being smart is knowing who is!” Over the last few weeks, three of the richest and most successful businessmen in the U.S. have let us know what they think about being in ...

Other symbols: CLRCOPCVXOXY
3 months ago - GuruFocus

Boost Your Portfolio With These 3 Natural Gas Explorers

With the high demand for natural gas, the pricing scenario for the commodity will likely continue to be favorable. Hence, investors can bet on Antero (AR), Comstock (CRK) & Southwestern (SWN).

Other symbols: ARSWN
3 months ago - Zacks Investment Research

Looking for a Growth Stock? 3 Reasons Why Comstock (CRK) is a Solid Choice

Comstock (CRK) possesses solid growth attributes, which could help it handily outperform the market.

3 months ago - Zacks Investment Research

Natural Gas Names Continue to Surge, Hits New 52-Week Highs

Natural gas stocks like CRK, SWN, CNX, AR and RRC are on a roll as soaring prices of the fuel push them to new highs.

Other symbols: ARCNXRRCSWN
3 months ago - Zacks Investment Research

Has Comstock Resources (CRK) Outpaced Other Oils-Energy Stocks This Year?

Here is how Comstock Resources (CRK) and Magnolia Oil & Gas Corp (MGY) have performed compared to their sector so far this year.

3 months ago - Zacks Investment Research

Earnings Estimates Rising for Comstock (CRK): Will It Gain?

Comstock (CRK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 months ago - Zacks Investment Research

Are Oils-Energy Stocks Lagging Comstock Resources (CRK) This Year?

Here is how Comstock Resources (CRK) and Genel Energy (GEGYY) have performed compared to their sector so far this year.

4 months ago - Zacks Investment Research

Is Comstock Resources (CRK) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Comstock Resources (CRK) and Diamondback Energy (FANG) have performed compared to their sector so far this year.

4 months ago - Zacks Investment Research

Comstock Resources (CRK) Q1 Earnings Meet Estimates

Comstock (CRK) delivered earnings and revenue surprises of 0% and 21.99%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

COMSTOCK RESOURCES, INC. REPORTS FIRST QUARTER 2022 FINANCIAL AND OPERATING RESULTS

FRISCO, TX, May 03, 2022 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended March 31, 2022.

4 months ago - GlobeNewsWire

Comstock Resources (CRK) Reports Next Week: Wall Street Expects Earnings Growth

Comstock (CRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Comstock (CRK) Moves to Strong Buy: Rationale Behind the Upgrade

Comstock (CRK) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

5 months ago - Zacks Investment Research