comstock resources, inc., headquartered in frisco, texas is a growing independent energy company engaged in the acquisition, development, production and exploration of oil and natural gas. our operations are primarily focused in texas, louisiana and the mid-continent area. we are focused on growth, and we are active in tight gas sands, shale gas plays and conventional exploration.
![Comstock Resources logo](https://files.capedge.com/8-K/0000950123-19-005920/gpk4bubivvls000001.jpg)
Company profile
Ticker
CRK
Exchange
Website
CEO
M. Jay Allison
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Comstock Oil & Gas, LLC • Comstock Oil & Gas – Louisiana, LLC • Comstock Oil & Gas – Louisiana Holdings, LLC • Comstock Gas Services LLC • Pinnacle Gas Services LLC • Pinnacle Gas Treating LLC • (1)100% owned by Comstock Oil & Gas, LLC ...
IRS number
941667468
CRK stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
21 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
11 Jun 24
S-3
Shelf registration
10 Jun 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Results of Operations and Financial Condition
1 May 24
DEF 14A
Definitive proxy
29 Apr 24
ARS
2023 FY
Annual report to shareholders
29 Apr 24
8-K
Entry into a Material Definitive Agreement
9 Apr 24
8-K
Comstock Resources, Inc. Announces Upsize and Pricing
2 Apr 24
8-K
Comstock Resources, Inc. Announces Private Offering
2 Apr 24
Transcripts
CRK
Earnings call transcript
2024 Q1
2 May 24
CRK
Earnings call transcript
2023 Q4
14 Feb 24
CRK
Earnings call transcript
2023 Q3
31 Oct 23
CRK
Earnings call transcript
2023 Q2
1 Aug 23
CRK
Earnings call transcript
2023 Q2
1 Aug 23
CRK
Earnings call transcript
2023 Q1
3 May 23
CRK
Earnings call transcript
2022 Q4
15 Feb 23
CRK
Earnings call transcript
2022 Q3
2 Nov 22
CRK
Earnings call transcript
2022 Q2
2 Aug 22
CRK
Earnings call transcript
2022 Q1
5 May 22
Latest ownership filings
4
DANIEL K PRESLEY
17 Jun 24
4
Clifford Doyle Newell III
17 Jun 24
4
LaRae Lynn Sanders
17 Jun 24
4
Patrick McGough
17 Jun 24
4
ROLAND O BURNS
17 Jun 24
4
Ronald Eugene Mills
17 Jun 24
4
Daniel S Harrison
17 Jun 24
4
Brian Christopher Claunch
17 Jun 24
4
M JAY ALLISON
17 Jun 24
4
JIM L TURNER
12 Jun 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.42 mm | 6.42 mm | 6.42 mm | 6.42 mm | 6.42 mm | 6.42 mm |
Cash burn (monthly) | 3.42 mm | 2.27 mm | 7.59 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 13.21 mm | 8.78 mm | 29.34 mm | n/a | n/a | n/a |
Cash remaining | -6.79 mm | -2.36 mm | -22.92 mm | n/a | n/a | n/a |
Runway (months of cash) | -2.0 | -1.0 | -3.0 | n/a | n/a | n/a |
Institutional ownership, Q1 2024
13F holders | Current |
---|---|
Total holders | 245 |
Opened positions | 210 |
Closed positions | 6 |
Increased positions | 12 |
Reduced positions | 11 |
13F shares | Current |
---|---|
Total value | 907.18 bn |
Total shares | 305.83 mm |
Total puts | 1.21 mm |
Total calls | 1.99 mm |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Jones Jerral W. | 194.82 mm | $0.00 |
BLK Blackrock | 15.32 mm | $142.18 bn |
STT State Street | 11.76 mm | $109.17 bn |
Key | 11.15 mm | $103.47 bn |
Covey Park | 10.01 mm | $62.58 mm |
Vanguard | 9.65 mm | $89.51 bn |
Dimensional Fund Advisors | 9.26 mm | $85.92 bn |
Encompass Capital Advisors | 3.80 mm | $35.26 bn |
MS Morgan Stanley | 3.01 mm | $27.95 bn |
BK Bank Of New York Mellon | 2.64 mm | $24.52 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Jun 24 | Brian Christopher Claunch | Common Stock | Payment of exercise | Dispose F | No | No | 11.15 | 706 | 7.87 k | 77,197 |
14 Jun 24 | Allison M Jay | Common Stock | Payment of exercise | Dispose F | No | No | 11.15 | 28,516 | 317.95 k | 2,334,660 |
14 Jun 24 | Harrison Daniel S | Common Stock | Payment of exercise | Dispose F | No | No | 11.15 | 3,770 | 42.04 k | 713,341 |
14 Jun 24 | Mills Ronald Eugene | Common Stock | Payment of exercise | Dispose F | No | No | 11.15 | 675 | 7.53 k | 119,633 |
14 Jun 24 | Burns Roland O | Common Stock | Payment of exercise | Dispose F | No | No | 11.15 | 19,384 | 216.13 k | 1,310,215 |
News
Analyst Expectations For Comstock Resources's Future
22 Jul 24
Truist Securities Maintains Hold on Comstock Resources, Raises Price Target to $9
22 Jul 24
Wolfe Research Reinstates Peer Perform on Comstock Resources
18 Jul 24
US Natural Gas Prices Rise To 5-Month Highs On Hot Weather Forecasts: Energy Stocks On The Move Monday
10 Jun 24
Expert Outlook: Comstock Resources Through The Eyes Of 7 Analysts
28 May 24