Comstock Resources Inc is an independent natural gas producer operating in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas with superior economics given its geographical proximity to the Gulf Coast natural gas markets. The Company operates in one business segment, the exploration and production of North American natural gas and oil. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. The company's oil and gas operations are concentrated in Louisiana and Texas.
The chart shows the growth of an initial investment of $10,000 in Comstock Resources, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Comstock Resources, Inc. (CRK) has returned -14.90% so far this year and 19.36% over the past 12 months. Looking at the last ten years, CRK has achieved an annualized return of 18.59%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Comstock Resources, Inc. (CRK) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.05% | -15.22% | 1.35% | -4.22% | ||||||||
| 2025 | -0.38% | -6.35% | 12.00% | -9.51% | 26.49% | 14.29% | -34.97% | -8.77% | 25.19% | -4.92% | 42.87% | -13.67% |
| 2024 | -13.13% | 8.64% | 8.54% | 6.91% | 17.69% | -12.70% | -9.38% | 12.01% | 7.54% | 6.25% | 33.08% | 19.08% |
| 2023 | -7.60% | 1.34% | -10.38% | 4.36% | -17.08% | 24.73% | 9.91% | 3.37% | -10.98% | 14.55% | -19.76% | -9.97% |
| 2022 | -3.35% | 7.79% | 54.44% | 31.10% | 15.22% | -38.77% | 29.93% | 26.21% | -9.99% | 4.33% | -2.91% | -26.61% |
| 2021 | 3.41% | 22.01% | -4.97% | -1.79% | 1.08% | 15.20% | -10.85% | -1.66% | 75.42% | -4.64% | -18.94% | -2.41% |
| 2020 | -33.21% | 9.31% | -10.17% | 50.49% | -28.15% | -19.04% | 23.22% | 5.88% | -23.96% | 21.79% | -8.97% | -11.90% |
| 2019 | 35.06% | 17.63% | -3.75% | -13.11% | -28.31% | 25.45% | 19.61% | -15.26% | 38.86% | -12.64% | -7.97% | 29.61% |
| 2018 | 14.32% | -30.28% | 6.56% | -8.09% | 65.95% | -9.00% | -11.99% | 6.61% | -13.43% | -14.20% | 4.67% | -42.51% |
| 2017 | 25.13% | -25.22% | -1.81% | -5.21% | -24.34% | 7.77% | 0.28% | -9.19% | -5.00% | -22.11% | 27.35% | 37.56% |
| 2016 | 2.09% | -19.51% | 27.82% | -7.48% | 77.06% | 13.19% | 27.75% | -3.27% | 2.28% |
The charts below present risk-adjusted performance metrics for Comstock Resources, Inc. (CRK) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of CRK compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Comstock Resources, Inc. volatility is 3.61%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 7.01B | 6.38B | 6.25B | 5.69B | 4.67B | 4.62B | 4.66B | 2.19B | 930.42M | 889.87M | 1.20B | 2.27B | 2.14B | 2.57B | 2.64B | 1.96B |
| Equity Attributable To Parent (USD) | 2.65B | 2.24B | 2.36B | 2.28B | 1.01B | 1.27B | 1.14B | 569.57M | -369.27M | -271.27M | -171.26M | 870.27M | 952.01M | 933.53M | 1.04B | 1.07B |
| Equity Attributable To Noncontrolling Interest (USD) | 316.09M | 92.52M | 24.78M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity (USD) | 2.96B | 2.33B | 2.38B | 2.28B | 1.01B | 1.27B | 1.14B | 569.57M | -369.27M | -271.27M | -171.26M | 870.27M | 952.01M | 933.53M | 1.04B | 1.07B |
| Other Non-current Liabilities (USD) | - | - | - | - | - | - | - | - | - | - | - | 171.45M | 193.70M | 170.17M | 218.14M | - |
| Long-term Debt (USD) | - | - | - | - | - | - | - | - | - | - | - | 1.07B | 798.70M | 1.32B | 1.20B | - |
| Noncurrent Liabilities (USD) | 3.31B | 3.44B | 3.19B | 2.66B | 2.85B | 2.74B | 2.74B | 1.41B | 1.13B | 1.07B | 1.27B | 1.24B | 992.40M | 1.49B | 1.42B | 740.62M |
| Other Current Liabilities (USD) | 212.90M | 176.96M | 151.53M | 214.63M | 307.10M | 174.79M | 130.73M | 62.04M | 36.01M | 40.10M | 38.44M | 44.84M | 93.12M | 52.71M | 93.17M | 31.79M |
| Wages (USD) | 14.93M | 14.08M | 6.70M | 11.31M | 12.32M | 7.52M | 8.65M | 6.05M | 6.45M | 6.29M | - | - | - | - | - | - |
| Accounts Payable (USD) | 501.70M | 421.81M | 523.26M | 530.20M | 314.57M | 259.28M | 252.99M | 138.77M | 126.03M | 45.31M | 57.28M | 117.33M | 101.87M | 86.35M | 94.04M | 123.28M |
| Current Liabilities (USD) | 729.52M | 612.85M | 681.49M | 756.14M | 633.98M | 441.59M | 392.38M | 206.85M | 168.49M | 91.71M | 95.72M | 162.17M | 195.00M | 139.06M | 187.21M | 155.06M |
| Liabilities (USD) | 4.04B | 4.05B | 3.87B | 3.42B | 3.48B | 3.18B | 3.13B | 1.62B | 1.30B | 1.16B | 1.37B | 1.40B | 1.19B | 1.63B | 1.60B | 895.68M |
| Other Non-current Assets (USD) | 430.63M | 409.67M | 407.36M | 426.61M | 342.35M | 339.62M | 358.63M | 360.43M | 19.99M | 1.04M | 1.19M | 14.95M | 15.53M | 19.94M | 16.95M | 12.24M |
| Fixed Assets (USD) | 6.22B | 5.69B | 5.38B | 4.62B | 4.01B | 4.08B | 4.01B | 1.67B | 607.93M | 798.66M | 1.04B | 2.20B | 2.07B | 2.47B | 2.51B | 1.82B |
| Noncurrent Assets (USD) | 6.65B | 6.10B | 5.79B | 5.05B | 4.35B | 4.42B | 4.37B | 2.03B | 627.91M | 799.70M | 1.04B | 2.21B | 2.08B | 2.49B | 2.53B | 1.83B |
| Other Current Assets (USD) | 357.97M | 281.67M | 459.06M | 642.53M | - | - | - | - | - | - | - | - | - | - | - | - |
| Prepaid Expenses (USD) | 2.97M | 2.36M | 2.44M | 2.46M | - | - | - | - | - | - | - | - | - | - | - | - |
| Current Assets (USD) | 360.94M | 284.03M | 461.49M | 644.99M | 318.74M | 199.81M | 289.69M | 159.43M | 302.51M | 90.17M | 156.24M | 61.22M | 57.13M | 77.15M | 113.09M | 135.73M |
| Assets (USD) | 7.01B | 6.38B | 6.25B | 5.69B | 4.67B | 4.62B | 4.66B | 2.19B | 930.42M | 889.87M | 1.20B | 2.27B | 2.14B | 2.57B | 2.64B | 1.96B |
President Trump approved NextEra Energy's plan to develop up to 10 gigawatts of natural gas power in Texas and Pennsylvania, backed by Japan's $550 billion investment commitment. The projects aim to meet rising electricity demand from data centers and manufacturing while strengthening U.S. energy security. Despite the positive news, NEE shares declined 0.18% as the broader market sold off, with the stock trading near its 20-day moving average but maintaining constructive longer-term momentum.
Comstock Fuels has expanded its exclusive marketing agreement with SACL, a Singapore-based renewable fuel project developer, to facilitate the financing, construction, and operation of SACL's first planned site in Vietnam, in addition to three existing sites in Australia. The agreement aims to produce sustainable aviation fuel and other renewable fuels from lignocellulosic biomass.
The natural gas market continues to struggle with oversupply, leading producers to cut output further. Investors should focus on fundamentally strong stocks like Range Resources and Coterra Energy, while avoiding higher-risk options like Comstock Resources amid the prevailing market instability.
In the preceding three months, 5 analysts have released ratings for Comstock Resources (NYSE:CRK), presenting a wide array of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 0 2 2 Last 30D 0 0 0 0 0 1M Ago 0 0 0 0 1 2M Ago 0 0 0 1 0 3M Ago 1 0 0 1 1 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $10.7, a high estimate of $13.50, and a low estimate of $9.00. Witnessing a positive shift, the current average has risen by 7.0% from the previous average price target of $10.00. Understanding Analyst Ratings: A Comprehensive Breakdown An in-depth analysis of recent analyst actions unveils how financial experts perceive Comstock Resources. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Umang Choudhary Goldman Sachs Raises Sell $10.00 $9.00 Nitin Kumar Mizuho Raises Underperform $11.00 $10.00 Derrick Whitfield Stifel Lowers Buy $13.50 $14.00 Nitin Kumar Mizuho Raises Underperform $10.00 $9.00 Umang Choudhary Goldman Sachs Raises Sell $9.00 $8.00 Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related ...Full story available on Benzinga.com
Comstock Resources (CRK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Prompt-month natural gas futures have exceeded $3 per million British thermal units on Monday, marking the highest level since mid-January 2024 and hitting a potential four-day winning streak, spurred by forecasts predicting increased cooling demand due to anticipated warm weather in June. Last week, natural gas prices rose by 12.8%, and are currently eyeing the seventh week of gains out of last eight. “With a blanket of heat stalling over the southern part of the country, market bulls maintained control,” said Jodi Shafto, senior natural gas reporter at Natural Gas Intel. Chart: US Natural Gas Price Have Rallied 95% Since Late April’s Lows NatGasWeather highlighted that much of the country is expected to experience temperatures ranging from the upper 70s and 80s in the Midwest and Northeast to the upper 80s and 90s elsewhere, with extreme heat in California and Texas reaching ...Full story available on Benzinga.com
Ratings for Comstock Resources (NYSE:CRK) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 0 3 2 Last 30D 0 0 0 0 1 1M Ago 0 0 0 1 0 2M Ago 1 0 0 1 1 3M Ago 0 1 0 1 0 In the assessment of 12-month price targets, analysts unveil insights for Comstock Resources, presenting an average target of $10.07, a high estimate of $13.50, and a low estimate of $8.00. This current average has increased by 2.13% from the previous average price target of $9.86. Exploring Analyst Ratings: An In-Depth Overview A comprehensive examination of how financial experts perceive Comstock Resources is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Umang Choudhary Goldman Sachs Raises Sell $10.00 $9.00 Nitin Kumar Mizuho Raises Underperform $11.00 $10.00 Derrick Whitfield Stifel Lowers Buy $13.50 $14.00 Nitin Kumar Mizuho Raises Underperform $10.00 $9.00 Umang Choudhary Goldman Sachs Raises Sell $9.00 $8.00 Nitin Kumar Mizuho Lowers Underperform $9.00 $10.00 Mark Lear Piper Sandler Lowers Overweight $8.00 $9.00 Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Comstock Resources. This information ...Full story available on Benzinga.com
Comstock (CRK) delivered earnings and revenue surprises of 62.50% and 13.46%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
FRISCO, TX, May 01, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended March 31, 2024.
Comstock (CRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
