Comstock Resources CRK

$12.78 -0.06 (-0.47%)

Valuation

Market cap
3,752,476,000
Revenue TTM
$2,220,290,000
Net income TTM
$395,610,000
PE ratio
29.86
Forward PE
48.76
Profit margin
17.82%
Debt to equity
0.98

Trading

Volume
2,100,800
Avg volume
2,534,668
Day's range
$12.67 – $13.07
Shares out
293,621,000
Stochastic %K
33%
Beta
0.52
Analysts
Hold
Price target
$16.73

Price

Company profile

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 covering an area of approximately 1,069,991 acres are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. Comstock Resources, Inc. has a strategic alliance with SOCAR. The company was incorp...

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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 covering an area of approximately 1,069,991 acres are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. Comstock Resources, Inc. has a strategic alliance with SOCAR. The company was incorporated in 1919 and is headquartered in Frisco, Texas.

Industry
Oil & Gas E&P
Sector
Energy
Phone
972 668 8800
Website
https://www.comstockresources.com
Address
Comstock Tower, Suite 500 5300 Town and Country Blvd., Frisco, United States

Latest news

Stocktwits

KryptonResearch14 Oct 5, 12:30 AM
$CRK Comstock Resources signed a framework agreement with Azerbaijan's state oil company SOCAR on Sept 28: a 1.65 billion investment in Comstock's Haynesville shale gas assets (company release). The structure is the read. SOCAR takes minority interests in the Legacy and Western Haynesville acreage plus a stake in Pinnacle Gas Services. Comstock keeps operating control, and plans to use the proceeds to cut pro forma net debt to about 1.5 billion from 3.1 billion. The other half is LNG: SOCAR gets to explore marketing Haynesville gas internationally, using its own LNG footprint. Framework, not a deal yet. Definitive agreement expected by Oct 31, close targeted by year end. The tension: Q2 revenue was 353.3 million, down 24.9% YoY and 15.7% below consensus; EPS 3 cents beat the 2 cent estimate. Fourteen analysts rate it Reduce (MarketBeat). The funding fixes the balance sheet. The gas has to do the rest.
0 replies
Aagshsg Oct 3, 12:24 PM
$CRK heavy accumulation between 12-13
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FunCoupons00 Oct 1, 10:59 AM
$CRK q4 watch this 🚀
0 replies
jackfrost21 Sep 30, 8:48 PM
$CRK Keep buying. They likely are pressing because they can.
0 replies
u2pitts Sep 30, 8:16 PM
$CRK 52 week low tomorrow. Not sure what turns the tide. They even signed framework on deal and still went lower. All these nat gas companies ramping drilling then wondering why nat gas prices are low and revenues suck…..smh
1 replies
wallstreet_gangsta2 Sep 30, 6:31 PM
$AR $CRK 🤓🤓🥸🥸😎😎🤘🤘
0 replies
wallstreet_gangsta2 Sep 30, 1:50 PM
$CRK $RRC sold at break even , $MU earning today , loaded it for earning play , now holding $META $NFLX $MU 😎😎🤓🤓🤘🤘
0 replies
wallstreet_gangsta2 Sep 29, 7:14 PM
$CRK $RRC so juice daddy has to get back in , loaded even more than last time , neck full on margin on these , let’s gooo 😎😎🥸🥸🤘🤘🤓🤓
0 replies