Comstock Resources, Inc. (CRK)

Comstock Resources Statistics

Total Valuation

CRK has a market cap or net worth of $5.47 billion. The enterprise value is $8.48 billion.

Market Cap	5.47B
Enterprise Value	8.48B

Important Dates

The next estimated earnings date is Tuesday, February 11, 2025, after market close.

Earnings Date	Feb 11, 2025
Ex-Dividend Date	n/a

Share Statistics

CRK has 292.26 million shares outstanding. The number of shares has increased by 2.49% in one year.

Current Share Class	292.26M
Shares Outstanding	292.26M
Shares Change (YoY)	+2.49%
Shares Change (QoQ)	+0.17%
Owned by Insiders (%)	2.03%
Owned by Institutions (%)	32.30%
Float	78.02M

Valuation Ratios

PE Ratio	n/a
Forward PE	56.38
PS Ratio	4.09
Forward PS	3.37
PB Ratio	2.38
P/TBV Ratio	2.79
P/FCF Ratio	n/a
P/OCF Ratio	9.40
PEG Ratio	63.14

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	6.54
EV / EBITDA	12.81
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.60, with a Debt / Equity ratio of 1.28.

Current Ratio	0.60
Quick Ratio	0.36
Debt / Equity	1.28
Debt / EBITDA	4.55
Debt / FCF	n/a
Interest Coverage	-0.57

Financial Efficiency

Return on equity (ROE) is -2.37% and return on invested capital (ROIC) is -1.41%.

Return on Equity (ROE)	-2.37%
Return on Assets (ROA)	-1.18%
Return on Capital (ROIC)	-1.41%
Revenue Per Employee	$5.17M
Profits Per Employee	-$252,876
Employee Count	251
Asset Turnover	0.21
Inventory Turnover	n/a

Taxes

Income Tax	-62.88M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +109.38% in the last 52 weeks. The beta is 0.55, so CRK's price volatility has been lower than the market average.

Beta (5Y)	0.55
52-Week Price Change	+109.38%
50-Day Moving Average	14.60
200-Day Moving Average	11.46
Relative Strength Index (RSI)	68.30
Average Volume (20 Days)	2,064,964

Short Selling Information

The latest short interest is 25.48 million, so 8.72% of the outstanding shares have been sold short.

Short Interest	25.48M
Short Previous Month	27.84M
Short % of Shares Out	8.72%
Short % of Float	32.66%
Short Ratio (days to cover)	12.84

Income Statement

In the last 12 months, CRK had revenue of $1.30 billion and -$63.47 million in losses. Loss per share was -$0.22.

Revenue	1.30B
Gross Profit	699.48M
Operating Income	-116.81M
Pretax Income	-64.88M
Net Income	-63.47M
EBITDA	662.03M
EBIT	-116.81M
Loss Per Share	-$0.22

Balance Sheet

The company has $13.77 million in cash and $3.03 billion in debt, giving a net cash position of -$3.02 billion or -$10.32 per share.

Cash & Cash Equivalents	13.77M
Total Debt	3.03B
Net Cash	-3.02B
Net Cash Per Share	-$10.32
Equity (Book Value)	2.36B
Book Value Per Share	7.85
Working Capital	-200.05M

Cash Flow

In the last 12 months, operating cash flow was $581.49 million and capital expenditures -$1.17 billion, giving a free cash flow of -$591.60 million.

Operating Cash Flow	581.49M
Capital Expenditures	-1.17B
Free Cash Flow	-591.60M
FCF Per Share	-$2.02

Margins

Gross margin is 53.90%, with operating and profit margins of -9.00% and -4.87%.

Gross Margin	53.90%
Operating Margin	-9.00%
Pretax Margin	-9.09%
Profit Margin	-4.87%
EBITDA Margin	51.02%
EBIT Margin	-9.00%
FCF Margin	n/a

Dividends & Yields

CRK does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	1
Payout Ratio	n/a
Buyback Yield	-2.49%
Shareholder Yield	-2.49%
Earnings Yield	-1.16%
FCF Yield	-10.82%

Analyst Forecast

The average price target for CRK is $12.13, which is -35.13% lower than the current price. The consensus rating is "Hold".

Price Target	$12.13
Price Target Difference	-35.13%
Analyst Consensus	Hold
Analyst Count	11
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	7.90%

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

CRK has an Altman Z-Score of 0.71 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.71
Piotroski F-Score	3