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Comstock Resources Inc   (CRK)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $10.8100 $-0.05 -0.460%
Day's High: $10.97 Week Perf: -4.76 %
Day's Low: $ 10.76 30 Day Perf: 4.95 %
Volume (M): 2,507 52 Wk High: $ 13.39
Volume (M$): $ 27,102 52 Wk Avg: $10.25
Open: $10.89 52 Wk Low: $7.07



 Market Capitalization (Millions $) 2,994
 Shares Outstanding (Millions) 277
 Employees 117
 Revenues (TTM) (Millions $) 2,121
 Net Income (TTM) (Millions $) 636
 Cash Flow (TTM) (Millions $) -19
 Capital Exp. (TTM) (Millions $) 1,068

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.


   Company Address: 5300 Town and Country Blvd. Frisco 75034 TX
   Company Phone Number: 668-8800   Stock Exchange / Ticker: NYSE CRK
   


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

-43.38 %

11.82 %

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


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CHKEW     
DVN   -3.74%    
EOG   -5.07%    
OXY   -2.55%    
PXD        0.28% 
SWN   -2.12%    
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Announcement

Comstock Resources Q1 2024: Navigating a Tough Revenue Landscape while Outpacing Competitors in Profitability.

Published Wed, May 1 2024 8:15 PM UTC

FERMONT, CA - May 2024: In a recent financial and operations announcement, Comstock Resources, Inc. (Comstock or the Company) (NYSE: CRK), detailed its performance for the first quarter of 2024. In comparison to their competitors, Comstock reported mixed results, with a marked decrease in Revenue but also higher profitability.For the third quarter of 2023, Comstock Resources...

Announcement

Comstock Resources Inc. Receives $100.5 Million Investment from Majority Shareholder Jerry Jones

Published Wed, Mar 20 2024 9:45 PM UTC

Comstock Resources Inc. has announced that its majority shareholder, Jerry Jones, will be making an additional equity investment of $100.5 million in the company. This investment will be made through two entities controlled by Jones and will result in an increase in his ownership stake to approximately 67% of the company's common shares outstanding. The transaction is subjec...

Comstock Resources Inc

Comstock Resources Inc Plunges into Deficit, Share Value Falls Sharply in the Fiscal Period Ending June 30, 2023!

As a stock market journalist, it is my duty to provide an objective and thorough analysis of the financial results of Comstock Resources Inc. Based on the given information, it is evident that the company's performance has taken a significant hit in the fiscal period closing June 30, 2023.
Starting with the earnings per share (EPS), we see a drastic decline from $1.36 per share in the prior year to a loss of $0.17 per share. This indicates a stark reversal of fortune for the company and raises concerns about its profitability. In addition, the preceding financial reporting period saw EPS at $0.49 per share, indicating a decline in performance.

Comstock Resources Inc

Again Positive Income at the company in most recent fiscal period

Comstock Resources Inc, a publicly traded oil and gas company, recently announced its first-quarter results for the 2023 fiscal year. While the company's return on equity (ROE) fell relative to the previous period, it was still above its average ROE and the overall industry average. Comstock Resources Inc's ROE for the quarter was an impressive 73.71%, signifying strong profitability and a healthy balance sheet.
The company's positive ROE was partly due to its improved net income, which turned positive at $0.49 per share compared to a negative $0.50 per share in the previous year. Additionally, the company showed impressive improvement in net income, rising from a net shortfall of $-115.739 million in the previous year to a net income of $134.503 million in the most recent fiscal period.






 

Comstock Resources Inc's Segments
 
 
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