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$9.63 $0.16 (1.7%)

11:17 AM EDT on 10/22/21

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.

Current Price $9.63 Mkt Cap $2.2B
Open $9.55 P/E Ratio 0.00
Prev. Close $9.47 Div. (Yield) $0.00 (0.0%)
Daily Range $9.53 - $9.87 Volume 653,047
52-Wk Range $4.24 - $11.34 Avg. Daily Vol. 3,962,497

Caps

How do you think NYSE:CRK will perform against the market?

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All Players

292 Outperform
33 Underperform
 

All-Star Players

24 Outperform
11 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top NYSE:CRK Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

aflitzy (< 20)
Submitted September 10, 2007

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.

cjlee001 (< 20)
Submitted May 03, 2008

Great stock but it's way too high right now. Time for this to come back down to Earth.

Recent Community Commentary

Read the most recent pitches from players about CRK.

Recs

0
Member Avatar TheHeathen (51.62) Submitted: 10/13/2021 4:43:58 PM : Outperform Start Price: $9.54 NYSE:CRK Score: -1.69

Low cost gas in a high price gas world

Recs

0
Member Avatar marketshadow (21.51) Submitted: 3/25/2021 10:45:37 PM : Outperform Start Price: $6.00 NYSE:CRK Score: +45.22

Comstock Resources (CRK) sports the lowest costs for a dry gas producer in the industry among major producers. That is a successful strategy if you do not want to produce rich gas or crossover to being classified as an oil producer that also has large amounts of natural gas production.

Management reported operating expenses of $.56 per MCF, Administrative costs of $.04 MCF, and $.94 for depreciation. These base costs probably represent a significant competitive advantage that will last for years. Favorable geology combined with decent execution will be hard for industry competitors to overcome.

The company has a clear advantage in the current "low rig use" environment. The low costs mean that this company will be drilling first because it is the most profitable in the industry at many pricing levels. Therefore, this company will maximize the results of a pricing rally when compared to many competitors in the industry. Simply stated, this company will be able to produce more new production because it is more profitable for the company to do so when prices rise compared to many competitors.

Recs

0
Member Avatar JG5000 (42.81) Submitted: 4/12/2020 12:36:11 PM : Outperform Start Price: $6.37 NYSE:CRK Score: -13.30

HISTORY

Leaderboard

Find the members with the highest scoring picks in CRK.

Score Leader

tpulley

tpulley (37.86) Score: +505.72

The Score Leader is the player with the highest score across all their picks in CRK.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
tpulley 37.86 7/8/2009 Underperform NS $138.39 -93.02% +412.70% +505.72 0 Comment
schwah8 97.04 10/13/2008 Underperform NS $143.88 -93.29% +390.89% +484.18 0 Comment
Tphantom1 21.91 11/3/2008 Underperform 3W $224.63 -95.70% +378.71% +474.41 0 Comment
ZeroDotCom 24.55 10/15/2009 Underperform 5Y $227.09 -95.75% +315.55% +411.29 0 Comment
39272x6 42.20 11/13/2009 Underperform 5Y $184.73 -94.77% +313.53% +408.30 0 Comment
herbs814 < 20 7/15/2010 Underperform 3W $123.74 -92.19% +312.40% +404.59 0 Comment
Halmonster64 34.36 12/7/2009 Underperform 5Y $174.47 -94.46% +307.56% +402.03 0 Comment
GodlySage 95.54 9/9/2010 Underperform NS $101.61 -90.49% +304.86% +395.36 0 Comment
ajaskey 28.07 9/9/2010 Underperform NS $101.61 -90.49% +304.86% +395.36 0 Comment
jroren 97.88 6/21/2010 Underperform 3M $159.24 -93.93% +299.60% +393.54 0 Comment

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

There are no Wall Street tracker picks for CRK.