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.
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)
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
8-K
Entry into a Material Definitive Agreement
25 Mar 24
8-K
Comstock Resources, Inc. Announces
20 Mar 24
10-K
2023 FY
Annual report
16 Feb 24
8-K
Results of Operations and Financial Condition
13 Feb 24
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Results of Operations and Financial Condition
30 Oct 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
Transcripts
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 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
CRK
Earnings call transcript
2021 Q4
16 Feb 22
CRK
Earnings call transcript
2021 Q3
3 Nov 21
Latest ownership filings
SC 13D/A
Jones Jerral W.
25 Mar 24
4
Jerral W. Jones
25 Mar 24
4
Brian Christopher Claunch
21 Feb 24
4
Ronald Eugene Mills
21 Feb 24
4
LaRae Lynn Sanders
21 Feb 24
4
DANIEL K PRESLEY
21 Feb 24
4
Patrick McGough
21 Feb 24
4
Clifford Doyle Newell III
21 Feb 24
4
Daniel S Harrison
21 Feb 24
4
ROLAND O BURNS
21 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
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Operating income | |||||
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Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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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) | 19.84 mm | 19.84 mm | 19.84 mm | 19.84 mm | 19.84 mm | 19.84 mm |
Cash burn (monthly) | (no burn) | 1.57 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 10.78 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 9.05 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 5.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 244 |
Opened positions | 40 |
Closed positions | 35 |
Increased positions | 90 |
Reduced positions | 68 |
13F shares | Current |
---|---|
Total value | 1.03 tn |
Total shares | 285.72 mm |
Total puts | 1.79 mm |
Total calls | 1.55 mm |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
Jones Jerral W. | 182.32 mm | $1.13 bn |
BLK Blackrock | 15.35 mm | $169.27 bn |
Vanguard | 10.79 mm | $119.07 bn |
Covey Park | 10.01 mm | $62.58 mm |
Key | 8.59 mm | $94.70 bn |
STT State Street | 8.00 mm | $88.23 bn |
Dimensional Fund Advisors | 6.31 mm | $69.56 bn |
BK Bank Of New York Mellon | 3.30 mm | $36.35 bn |
Encompass Capital Advisors | 2.54 mm | $28.06 bn |
MS Morgan Stanley | 2.05 mm | $22.66 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Mar 24 | Blue Star Exploration | Common Stock | Buy | Acquire P | Yes | No | 8.036 | 12,500,000 | 100.45 mm | 194,821,429 |
19 Feb 24 | Allison M Jay | Common Stock | Grant | Acquire A | No | No | 0 | 463,220 | 0.00 | 2,399,054 |
19 Feb 24 | Harrison Daniel S | Common Stock | Grant | Acquire A | No | No | 0 | 90,105 | 0.00 | 644,989 |
19 Feb 24 | Burns Roland O | Common Stock | Grant | Acquire A | No | No | 0 | 237,564 | 0.00 | 1,353,862 |
19 Feb 24 | Clifford Doyle Newell III | Common Stock | Grant | Acquire A | No | No | 0 | 44,233 | 0.00 | 73,846 |
News
Cracking The Code: Understanding Analyst Reviews For Comstock Resources
23 Apr 24
Stifel Maintains Buy on Comstock Resources, Lowers Price Target to $13.5
23 Apr 24
Mizuho Maintains Underperform on Comstock Resources, Raises Price Target to $10
15 Apr 24
Mizuho Maintains Underperform on Comstock Resources, Lowers Price Target to $9
15 Apr 24
Decoding 7 Analyst Evaluations For Comstock Resources
2 Apr 24
Press releases
COMSTOCK RESOURCES, INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS DATE AND CONFERENCE CALL INFORMATION
5 Apr 24
COMSTOCK RESOURCES, INC. ANNOUNCES UPSIZE AND PRICING OF $400.0 MILLION OFFERING OF SENIOR NOTES DUE 2029
2 Apr 24
COMSTOCK RESOURCES, INC. ANNOUNCES PRIVATE OFFERING OF 6.75% SENIOR NOTES DUE IN 2029
2 Apr 24
COMSTOCK RESOURCES, INC. ANNOUNCES $100.5 MILLION INVESTMENT BY MAJORITY SHAREHOLDER
20 Mar 24
COMSTOCK RESOURCES, INC. REPORTS FOURTH QUARTER 2023 FINANCIAL AND OPERATING RESULTS
13 Feb 24