Comstock Resources, Inc. (NYSE:CRK)
CAPS Rating:
The Company is engaged in the acquisition, development, production and exploration of oil and natural gas.
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The Company is engaged in the acquisition, development, production and exploration of oil and natural gas.
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CRK is a debt free oil and gas producer, mainly natural gas. They are in some of the main plays with Chesapeake, but CRK doesn't have bank debt (and they don't issue stocks to speculate on emerging plays). This company has been around for a long time, and they do only one thing - Oil and Gas exploration and production. I'm still bullish on natural gas producers, and I'm also rating XTO and EOG as outperform.