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Comstock Resources (CRK)
:CRK
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CRK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$7.07 - $21.75
Previous CloseN/A
Volume948.21K
Average Volume (3M)2.39M
Market Cap
$6.29B
Enterprise Value$6.31B
Total Cash (Recent Filing)$65.90M
Total Debt (Recent Filing)$1.04B
Price to Earnings (P/E)―
Beta1.57
Next Earnings
Feb 18, 2025EPS Estimate
0.03Last Dividend Ex-Date
Nov 30, 2023Dividend Yield0.58%
Share Statistics
EPS (TTM)-0.20
Shares Outstanding292,260,650
10 Day Avg. Volume2,906,783
30 Day Avg. Volume2,385,181
Standard Deviation0.21
R-Squared0.02
Alpha0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.85
Price to Cash Flow (P/CF)16.00
P/FCF Ratio0.00
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue4.87
Enterprise Value/Gross Profit23.71
Enterprise Value/Ebitda6.63
Forecast
1Y Price Target
$15.50Price Target Upside-27.47% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering10
Comstock Resources News
PremiumCompany Announcements
Comstock Resources Reports Q3 2024 Financial Results
Bulls Say, Bears Say
Bulls Say
Financial PerformanceOperating costs came in below forecasts, contributing to an EBITDA beat.
Financial StrategyThe company has hedged 50% of its 2025 gas volumes at an average floor price to secure cash flows and debt reduction for the year.
Operational EfficiencyThe company has completed its targeted leasing activity in the Western Haynesville play and latest drilling and completion costs point to strong economics.
Bears Say
Financial PerformanceCash outspend is increasing, putting pressure on the balance sheet.
Market PositionCRK's trading metrics are lower compared to its gas-focused peers, indicating a less favorable market position.
ValuationAnalyst believes the current valuation has significantly outstripped fundamentals given the current natural gas macro, creating an unfavorable risk/reward profile.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CRK FAQ
What was Comstock Resources’s price range in the past 12 months?
Comstock Resources lowest stock price was $7.07 and its highest was $21.75 in the past 12 months.
What is Comstock Resources’s market cap?
Comstock Resources’s market cap is $6.29B.
When is Comstock Resources’s upcoming earnings report date?
Comstock Resources’s upcoming earnings report date is Feb 18, 2025 which is in 28 days.
How were Comstock Resources’s earnings last quarter?
Comstock Resources released its earnings results on Oct 30, 2024. The company reported -$0.17 earnings per share for the quarter, missing the consensus estimate of -$0.161 by -$0.009.
Is Comstock Resources overvalued?
According to Wall Street analysts Comstock Resources’s price is currently Overvalued.
Does Comstock Resources pay dividends?
Comstock Resources pays a Annually dividend of $0.125 which represents an annual dividend yield of 0.58%. See more information on Comstock Resources dividends here
What is Comstock Resources’s EPS estimate?
Comstock Resources’s EPS estimate is 0.03.
How many shares outstanding does Comstock Resources have?
Comstock Resources has 292,260,650 shares outstanding.
What happened to Comstock Resources’s price movement after its last earnings report?
Comstock Resources reported an EPS of -$0.17 in its last earnings report, missing expectations of -$0.161. Following the earnings report the stock price went down -6.999%.
Which hedge fund is a major shareholder of Comstock Resources?
Among the largest hedge funds holding Comstock Resources’s share is Royce & Associates LLC. It holds Comstock Resources’s shares valued at 8M.
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Comstock Resources Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Moderate Sell
Average Price Target:
$15.50 (-27.47% Downside)
$15.50 (-27.47% Downside)
Blogger Sentiment
Bullish
CRK Sentiment 70%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 293.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $898.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 2.5%
Last 30 Days ▲ 2.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
163.50%
12-Months-Change
Fundamentals
Return on Equity
-2.77%
Trailing 12-Months
Asset Growth
4.67%
Trailing 12-Months
Company Description
Comstock Resources
Comstock Resources, Inc. engages in the acquisition, development, and exploration of oil and natural gas. It focuses primarily on properties located in Texas and Louisiana. The company was founded in 1919 and is headquartered in Frisco, TX.
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CRK Company Deck
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CRK Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. Comstock highlighted significant achievements in the Western Haynesville and cost reductions in well drilling, alongside strategic hedging to mitigate low gas prices. However, financial performance was negatively impacted by weak natural gas prices, and production is expected to decline. The company is managing increased leverage, reflecting a cautious stance amid financial pressures.Read More>---
CRK Stock 12 Month Forecast
Average Price Target
$15.50
▼(-27.47% Downside)
Technical Analysis
Best Analysts Covering CRK
1 Year
1 Year Success Rate
9/18 ratings generated profit
1 Year Average Return
+34.33%
reiterated a buy rating 9 months ago
Copying Derrick Whitfield's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +34.33% per trade.
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