Comstock Resources, Inc. (NYSE:CRK)

CAPS Rating: 2 out of 5

The Company is engaged in the acquisition, development, production and exploration of oil and natural gas.

Recs

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Player Avatar aflitzy (34.22) Submitted: 9/10/2007 11:19:37 AM : Outperform Start Price: $27.43 CRK Score: -77.74

CRK has a major ownership in BDE. BDE is currently for sale and should close this fall. Once sold the cash inflow will substantially reduce CRK's debt. This will allow increased cash for new projects.

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