Comstock Resources Inc   (CRK)
Other Ticker:  
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
Price: $9.7000 $-0.38 -3.770%
Day's High: $10.15 Week Perf: -7.27 %
Day's Low: $ 9.65 30 Day Perf: -12.85 %
Volume (M): 3,002 52 Wk High: $ 22.11
Volume (M$): $ 29,121 52 Wk Avg: $14.62
Open: $10.14 52 Wk Low: $9.21

 Market Capitalization (Millions $) 2,683
 Shares Outstanding (Millions) 277
 Employees 117
 Revenues (TTM) (Millions $) 3,593
 Net Income (TTM) (Millions $) 1,391
 Cash Flow (TTM) (Millions $) 22
 Capital Exp. (TTM) (Millions $) 855

Comstock Resources Inc

We are engaged in the acquisition, development, production and exploration of oil and natural gas. Our common stock is listed and traded on the New York Stock Exchange under the symbol "CRK". Our oil and gas operations are primarily concentrated in Texas and Louisiana. Our operations are principally focused in two operating areas: East Texas/North Louisiana and South Texas. Our properties have an average reserve life of approximately 14.8 years and have extensive development and exploration potential. Our properties in the East Texas/North Louisiana region, which are primarily prospective for natural gas, include 78,437 acres (66,172 net to us) in the Haynesville or Bossier shale formations. Advances in drilling and completion technology have allowed us to increase the reserves recovered through longer horizontal lateral length and substantially larger well stimulation. As a result of the improved economic returns that we achieved with our Haynesville shale natural gas wells, and continued low oil prices, our 2015 and 2016 drilling activity primarily targeted natural gas in the Haynesville shale. In our South Texas region, our Eagleville field includes 25,949 acres (19,046 net to us) located in the oil window of the Eagle Ford shale. In addition to our acreage in the Eagle Ford shale, we have 71,813 acres (66,698 net to us) in Mississippi and Louisiana that are prospective for oil development in the Tuscaloosa Marine shale. We currently have no plans to develop the Tuscaloosa Marine shale properties prior to the expiration of the leases unless oil prices improve significantly in the near term.

Grow Oil and Natural Gas Reserves and Production. Each year, we conduct exploration and development activities to grow our reserve base and to replace our production. In 2016, we focused on our Haynesville shale properties in North Louisiana as these properties provide us the highest returns within our opportunity set. We deferred further development of our oil and other natural gas properties given the low oil and natural gas prices.

Exploit Existing Reserves. We seek to maximize the value of our oil and natural gas properties by increasing production and recoverable reserves through development drilling and workover, recompletion and exploitation activities. We utilize advanced industry technology, including horizontal drilling, enhanced logging and steering tools, and formation stimulation techniques.

The Logansport field located in DeSoto Parish, Louisiana primarily produces from the Haynesville and Bossier shale formations at a depth of 11,100 to 11,500 feet and from multiple sands in the Cotton Valley and Hosston formations at an average depth of 8,000 feet. Our proved reserves of 739.0 Bcfe in the Logansport field represent approximately 81% of our proved reserves. We own interests in 252 wells (173.8 net to us) and operate 187 of these wells in this field. Most of our drilling activities have been focused on our Logansport field where we drilled 9 wells (8.6 net to us) and 11 wells (7.8 net to us) in 2015 and 2016, respectively. We plan to drill 16 wells in Logansport in 2017 targeting the Haynesville shale formation.

   Company Address: 5300 Town and Country Blvd. Frisco 75034 TX
   Company Phone Number: 668-8800   Stock Exchange / Ticker: NYSE CRK
   CRK is expected to report next financial results on August 03, 2023.

Customers Net Income grew by CRK's Customers Net Profit Margin grew to

30.63 %

15.48 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

5 Days Decrease / Increase
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FANG        0.59% 
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PXD   -0.48%    
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Norris Industries Inc

Very steep Decline at the company during the fiscal fourth quarter of 2023

Norris Industries Inc has reported their financial results for the fourth quarter of 2023, and the figures paint a bleak picture for the company. The company reached zero gain per share, the same as the previous year but down from the preceding reporting period. This means that the company did not generate any profit for shareholders during the fourth quarter of 2023.
Furthermore, the company's revenue has dropped significantly by -58.955% to $0.06 million compared to $0.15 million in the same reporting period a year ago. Sequentially, revenue tumbled by -41.956% from $0.11 million. This sharp decline in revenue could indicate that the company is struggling and needs to take measures to turn things around.

Spindletop Oil And Gas Co

revenue have tumbled at Spindletop Oil And Gas Co during the first quarter of 2023

In the world of finance, the first fiscal quarter of 2023 for Spindletop Oil and Gas Co has been marked by both positives and negatives. The company experienced an improvement in their Income per Share, which rose from $-0.39 per share to -$0.01 per share, representing 97.4% growth in terms of profitability. However, the revenue faded by -36.02 %, indicating that Spindletop Oil and Gas Co recorded only $1.17 million in revenue, down from the $1.82 million it made in the same reporting period last year. Additionally, the revenue tumbled by -36.679 % from $1.84 million, indicating a decrease in the financial performance of the company.
The greatest concern for Spindletop Oil and Gas Co stakeholders is the net shortfall, which has not been experienced since the year before. Spindletop Oil and Gas Co logged a net shortfall of $-0.097 million in the first fiscal quarter of 2023, instead of 0 in the corresponding financial reporting period a year before.

Primeenergy Resources Corporation

Confronting the difficulties, the Primeenergy Resources Corporation in the most recent fiscal period

Despite the sharp drop in Primeenergy Resources Corporation's income and revenue for the fiscal span ending March 31, 2023, there is still reason to be optimistic about the company's future in the stock market.
The financial results may not be as strong as they were a year ago, but with a solid operating and net margin of 8.18% and 6.23%, respectively, there is a promising foundation for future growth and profitability. Additionally, the company's earnings fell by 87.35%, but still managed to maintain a positive figure of $1.410 million.

Sustainable Projects Group Inc

The company disclosed operating loss in the first quarter of 2023

The oil and gas production sector has long been dominated by the big players, but it's time to take a closer look at the overlooked entities making their mark. One such entity is Sustainable Projects Group Inc, which has just reported its Q1 2023 earnings.
While the operating loss of $-0.41389 million might seem discouraging at first glance, it's important to note that this is an improvement over the operating loss of $-0.02971 million in the same period last year. In fact, Sustainable Projects Group Inc has been making steady progress in reducing its losses, which is a positive sign for investors.

Royale Energy Inc

An Outstanding 60.406%, rise in revenue at the Oil And Gas Production company over the October to December 31 2022 time-frame

Royale Energy Inc announced net profit per share of $0.02 and Revenue of $0.55 million in the most recent fiscal period, company's net profit per share plummeted $0.02 per share, versus $0.04 eps, earned in the fiscal period ending December 31 2021, although Royale Energy Inc saw its Revenue rise by 60.406 % in the same period.


Comstock Resources Inc's Segments
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