Comstock Resources Stock Today
| CRK Stock | USD 12.06 0.33 2.81% |
Performance6 of 100
| Odds Of DistressLess than 30
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Comstock Resources is selling for 12.06 as of the 12th of October 2024. This is a 2.81 percent increase since the beginning of the trading day. The stock's last reported lowest price was 11.58. Comstock Resources has about a 30 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Comstock Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of September 2024 and ending today, the 12th of October 2024. Click here to learn more.
Business Domain Energy | IPO Date 26th of March 1990 |
Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. The company was incorporated in 1919 and is headquartered in Frisco, Texas. The company has 292.26 M outstanding shares of which 25.17 M shares are currently shorted by investors with about 10.17 days to cover. More on Comstock Resources
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Comstock Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | M Allison | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Petroleum and Natural Gas (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, NYSE Composite, SP Small-Cap 600, SP OIL GAS, Petroleum and Natural Gas, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsComstock Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Comstock Resources' financial leverage. It provides some insight into what part of Comstock Resources' total assets is financed by creditors.
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Comstock Resources (CRK) is traded on New York Stock Exchange in USA. It is located in Comstock Tower, Frisco, TX, United States, 75034 and employs 251 people. Comstock Resources is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.52 B. Comstock Resources runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 292.26 M outstanding shares of which 25.17 M shares are currently shorted by investors with about 10.17 days to cover.
Comstock Resources has about 54.65 M in cash with 1.02 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.
Check Comstock Resources Probability Of Bankruptcy
Ownership AllocationComstock Resources holds a total of 292.26 Million outstanding shares. Comstock Resources shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 74.47 percent of Comstock Resources outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Also note that nearly twenty-seven million eight hundred twenty-three thousand two hundred fourty-six invesors are currently shorting Comstock Resources expressing very little confidence in its future performance.
Check Comstock Ownership Details
Comstock Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Cooper Creek Partners Management Llc | 2024-06-30 | 2 M | |
| Charles Schwab Investment Management Inc | 2024-06-30 | 1.4 M | |
| Amundi | 2024-06-30 | 1.3 M | |
| Northern Trust Corp | 2024-06-30 | 1 M | |
| First Trust Advisors L.p. | 2024-06-30 | 879.2 K | |
| Millennium Management Llc | 2024-06-30 | 875.4 K | |
| Marshall Wace Asset Management Ltd | 2024-06-30 | 873.9 K | |
| Stifel Financial Corp | 2024-06-30 | 826.9 K | |
| Citadel Advisors Llc | 2024-06-30 | 748.8 K | |
| Blackrock Inc | 2024-06-30 | 15.1 M | |
| Key Group Holdings (cayman), Ltd. | 2024-06-30 | 12.1 M |
Comstock Resources Historical Income Statement
Comstock Stock Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Resources. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.79) | Dividend Share 0.25 | Earnings Share (0.06) | Revenue Per Share 4.885 | Quarterly Revenue Growth (0.14) |
The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.