Comstock Resources Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 61/120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 21.00.In the medium term, the stock price is expected to trend up.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Comstock Resources Inc's Score
Industry at a Glance
Industry Ranking
61 / 120
Overall Ranking
231 / 4582
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
17
analysts
Hold
Current Rating
21.000
Target Price
-15.32%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Comstock Resources Inc Highlights
StrengthsRisks
Comstock Resources, Inc. is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates through the exploration and production of the North American natural gas and oil segment. Its primarily operates in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas, with economic and geographical proximity to the Gulf Coast natural gas markets. The Company is focused on the development of drilling opportunities in the Haynesville and Bossier shales and exploration activities in the Western Haynesville play. It has over 1,099,090 acres (819,489 net) prospective for the Haynesville and Bossier shale plays, located in North Louisiana and East Texas, including its extension of the plays in its Western Haynesville area. The Company owns interests in over 2,427 producing natural gas and oil wells (1,542.6 net) and it operates 1,747 of these wells.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Overvalued
The company’s latest PB is 2.68, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 86.05M shares, increasing 0.03% quarter-over-quarter.
Comstock Resources, Inc. is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates through the exploration and production of the North American natural gas and oil segment. Its primarily operates in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas, with economic and geographical proximity to the Gulf Coast natural gas markets. The Company is focused on the development of drilling opportunities in the Haynesville and Bossier shales and exploration activities in the Western Haynesville play. It has over 1,099,090 acres (819,489 net) prospective for the Haynesville and Bossier shale plays, located in North Louisiana and East Texas, including its extension of the plays in its Western Haynesville area. The Company owns interests in over 2,427 producing natural gas and oil wells (1,542.6 net) and it operates 1,747 of these wells.
Ticker SymbolCRK
CompanyComstock Resources Inc
CEOAllison (M. Jay)
Websitehttps://www.comstockresources.com/
FAQs
What is the current price of Comstock Resources Inc (CRK)?
The current price of Comstock Resources Inc (CRK) is 21.550.
What is the symbol of Comstock Resources Inc?
The ticker symbol of Comstock Resources Inc is CRK.
What is the 52-week high of Comstock Resources Inc?
The 52-week high of Comstock Resources Inc is 31.174.
What is the 52-week low of Comstock Resources Inc?
The 52-week low of Comstock Resources Inc is 14.650.
What is the market capitalization of Comstock Resources Inc?
The market capitalization of Comstock Resources Inc is 6.32B.
What is the net income of Comstock Resources Inc?
The net income of Comstock Resources Inc is -229.65M.
Is Comstock Resources Inc (CRK) currently rated as Buy, Hold, or Sell?
According to analysts, Comstock Resources Inc (CRK) has an overall rating of Hold, with a price target of 21.000.
What is the Earnings Per Share (EPS TTM) of Comstock Resources Inc (CRK)?
The Earnings Per Share (EPS TTM) of Comstock Resources Inc (CRK) is 0.194.