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General information

Country: UNITED STATES

Sector: Oil and Gas E and P

Comstock Resources, Inc., an independent energy company, engage in the acquisition, exploration for, development, and production of oil and natural gas properties, primarily in Texas, Louisiana, and North Dakota. As of December 31, 2019, the company had 5.3 trillion cubic feet of natural gas equivalent and 16.7 million barrels of oil equivalent of proved reserves. It also owns an interest in 2,800 producing oil and natural gas wells. The company was founded in 1983 and is headquartered in Frisco, Texas.
  • Current market environment: negative. Prices of production are 63.3% lower compared to the last 12 months (LTM)
  • Prices of production are at 9.0% percentile over the past 5 years, adjusted for inflation (are close to minimun)
  • Dividend yield for the last twelve months 2.3%
  • Free cash flow yield 33.3% (LTM), projected -32.6%
  • Share price is 163.2% higher than minimum and 49.8% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (2.2x vs
    )
  • The company is overvalued by EV / projected EBITDA multiple compared to target level (
    vs
    )
  • For the last 3 months insiders bought company shares on $0.5 mln (0.019% of cap.)

Key Financials (Download financials)

Ticker: CRK
Share price, USD:  (+3.6%)10.79
year average price 15.52  


year start price 13.99 2022-04-02

max close price 21.48 2022-06-07

min close price 9.96 2023-03-23

current price 10.79 2023-04-01
Common stocks: 232 850 000

Dividend Yield:  2.3%
FCF Yield LTM / expected: 33.3% / -32.6%
EV / LTM EBITDA: 2.2x
EV / EBITDA annualized: 1.5x
Production prices change from LTM: -63.3%
EV / projected EBITDA:
Target EV / EBITDA (hist percentile):
Express share price potential:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 2 512
Net Debt ($m): 2 781
EV (Enterprise Value): 5 293
EBITDA LTM ($m): 2 385
EV / LTM EBITDA: 2.2x
Price to Book: 1.1x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF / Free Cash Flow ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 75% percentile

Potential dynamics

News


2023-02-16Seeking Alpha

Comstock Resources: 3.8% Dividend Yield And 7-10% Growth

2023-02-15Seeking Alpha

Comstock Resources, Inc. (CRK) Q4 2022 Earnings Call Transcript

2023-02-14Zacks Investment Research

Comstock Resources (CRK) Q4 Earnings and Revenues Surpass Estimates

2023-02-09Seeking Alpha

Comstock Resources: A Solid Way To Play A Potential Rebound In Natural Gas

2023-01-17GlobeNewsWire

COMSTOCK RESOURCES, INC. ANNOUNCES FOURTH QUARTER 2022 EARNINGS DATE AND CONFERENCE CALL INFORMATION

2023-01-12Seeking Alpha

Comstock Resources: Going For Low And Lower

2022-12-19Seeking Alpha

Comstock Resources May Generate Over $1 Billion In Positive Cash Flow In 2023

2022-12-01Investors Business Daily

Oil Firm Eyeing 3,755% Q4 Growth Leads 24 Fastest-Growing Stocks

2022-11-02Seeking Alpha

Comstock Resources, Inc. (CRK) Q3 2022 Earnings Call Transcript

2022-11-01Zacks Investment Research

Comstock Resources (CRK) Beats Q3 Earnings and Revenue Estimates
More information for subscribed users:
detailed calculation of Potential,
commodities and currency affecting the company