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17.07 (1y: +11%)
Market Cap 832.09 M P/E(ttm)
Enterprise Value 2.16 B P/B 0.88
CRK- NYSE (USA)
Comstock Resources, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$17.07
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 3/10

vs
industry		 vs
history
Cash to Debt 0.013
CRK's Cash to Debt is ranked lower than
77% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.38 vs. CRK: 0.013 )
CRK' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.4
Current: 0.01
0.01
0.4
Equity to Asset 0.364
CRK's Equity to Asset is ranked lower than
68% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.50 vs. CRK: 0.364 )
CRK' s 10-Year Equity to Asset Range
Min: 0.29   Max: 0.67
Current: 0.36
0.29
0.67
F-Score: 3
Z-Score: 0.55
M-Score: -2.59
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 2/10

vs
industry		 vs
history
Operating margin (%) -28.90
CRK's Operating margin (%) is ranked lower than
66% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. CRK: -28.90 )
CRK' s 10-Year Operating margin (%) Range
Min: -28.9   Max: 51.9
Current: -28.9
-28.9
51.9
Net-margin (%) -21.9
CRK's Net-margin (%) is ranked lower than
64% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. CRK: -21.9 )
CRK' s 10-Year Net-margin (%) Range
Min: -21.9   Max: 42.7
Current: -21.9
-21.9
42.7
ROE (%) -10.7
CRK's ROE (%) is ranked lower than
79% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. CRK: -10.7 )
CRK' s 10-Year ROE (%) Range
Min: -10.7   Max: 23.7
Current: -10.7
-10.7
23.7
ROA (%) -3.9
CRK's ROA (%) is ranked lower than
70% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. CRK: -3.9 )
CRK' s 10-Year ROA (%) Range
Min: -3.9   Max: 16
Current: -3.9
-3.9
16
ROC (Joel Greenblatt) (%) -5.50
CRK's ROC (Joel Greenblatt) (%) is ranked lower than
72% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. CRK: -5.50 )
CRK' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -5.5   Max: 21.6
Current: -5.5
-5.5
21.6
Revenue Growth (%) 11
CRK's Revenue Growth (%) is ranked higher than
73% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. CRK: 11 )
CRK' s 10-Year Revenue Growth (%) Range
Min: -16.1   Max: 21
Current: 11
-16.1
21
EBITDA Growth (%) 5.6
CRK's EBITDA Growth (%) is ranked higher than
72% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. CRK: 5.6 )
CRK' s 10-Year EBITDA Growth (%) Range
Min: -19.9   Max: 25.6
Current: 5.6
-19.9
25.6
EPS Growth (%) 27.8
CRK's EPS Growth (%) is ranked higher than
91% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. CRK: 27.8 )
CRK' s 10-Year EPS Growth (%) Range
Min: 0   Max: 44.2
Current: 27.8
0
44.2
ยป CRK's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

CRK Guru Trades in Q2 2012

Steven Cohen 241,275 sh (New)
Pioneer Investments 437,383 sh (+116%)
Jeremy Grantham 176,210 sh (+5.76%)
Chuck Royce 650 sh (unchged)
Jim Simons Sold Out
» More
Q3 2012

CRK Guru Trades in Q3 2012

Jim Simons 347,100 sh (New)
Steven Cohen Sold Out
Chuck Royce Sold Out
Pioneer Investments 437,155 sh (-0.05%)
Jeremy Grantham 155,510 sh (-11.75%)
» More
Q4 2012

CRK Guru Trades in Q4 2012

Pioneer Investments 399,402 sh (-8.64%)
Jim Simons 179,100 sh (-48.4%)
» More
Q1 2013

CRK Guru Trades in Q1 2013

Jim Simons 767,500 sh (+328.53%)
Pioneer Investments 317,502 sh (-20.51%)
» More
» Details

Insider Trades

Latest Guru Trades with CRK

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Keeley 2011-09-30 Sold Out 0.0141%$15.92 - $32.74 $ 17.07-29%0
John Keeley 2011-06-30 Reduce -92.37%0.18%$26.52 - $32.06 $ 17.07-40%30000
George Soros 2010-09-30 Sold Out 0.01%$19.88 - $27.5 $ 17.07-27%0
George Soros 2010-03-31 Add 73.17%$29.95 - $44 $ 17.07-54%14200
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/B 0.88
CRK's P/B is ranked higher than
57% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.10 vs. CRK: 0.88 )
CRK' s 10-Year P/B Range
Min: 0.52   Max: 4.35
Current: 0.88
0.52
4.35
P/S 1.72
CRK's P/S is ranked higher than
72% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.40 vs. CRK: 1.72 )
CRK' s 10-Year P/S Range
Min: 1.01   Max: 6.8
Current: 1.72
1.01
6.8
EV-to-EBIT -14.03
CRK's EV-to-EBIT is ranked lower than
95% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 5.96 vs. CRK: -14.03 )
CRK' s 10-Year EV-to-EBIT Range
Min: 2.9   Max: 654.3
Current: -14.03
2.9
654.3
Shiller P/E 44.38
CRK's Shiller P/E is ranked lower than
87% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. CRK: 44.38 )
CRK' s 10-Year Shiller P/E Range
Min: 9.53   Max: 47.37
Current: 44.38
9.53
47.37

Valuation & Return

vs
industry		 vs
history
Price/Tangible Book 0.9
CRK's Price/Tangible Book is ranked higher than
57% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.10 vs. CRK: 0.9 )
CRK' s 10-Year Price/Tangible Book Range
Min: 0.7   Max: 2.8
Current: 0.9
0.7
2.8
Price/Median PS Value 0.7
CRK's Price/Median PS Value is ranked higher than
53% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.70 vs. CRK: 0.7 )
CRK' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 2.4
Current: 0.7
0.6
2.4
Earnings Yield (Greenblatt) 0.90
CRK's Earnings Yield (Greenblatt) is ranked lower than
60% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 2.30 vs. CRK: 0.90 )
CRK' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 34.4
Current: 0.9
0.2
34.4
Forward Rate of Return (Yacktman) -40.07
CRK's Forward Rate of Return (Yacktman) is ranked lower than
83% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -1.04 vs. CRK: -40.07 )
CRK' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -15.7   Max: 25.9
Current: -40.07
-15.7
25.9

Business Description

Comstock Resources, Inc. is a Nevada corporation. It is an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company's oil and gas operations are concentrated in East Texas/North Louisiana, South Texas and West Texas. Its oil and natural gas properties are estimated to have proved reserves of 1.3 Tcfe with an estimated PV 10 Value of $1.5 billion as of December 31, 2011 and a standardized measure of discounted future net cash flows of $1.1 billion. The Company's consolidated proved oil and natural gas reserve base is 85% natural gas and 15% crude oil. Its properties have an average reserve life of approximately 13.7 years and have extensive development and exploration potential. The Company has a substantial acreage position in its East Texas/North Louisiana region in the Haynesville or Bossier shale resource play where it has identified 96,090 acres prospective for Haynesville or Bossier shale development. The Company also has 35,335 acres in South Texas which are prospective for development of the Eagle Ford shale. In December 29, 2011, it acquired interests in 70,036 acres in the Delaware Basin in West Texas that are prospective for the Bone Spring formation from depths of 10,000 to 10,300 feet and the Wolfcamp shale formation from depths of 10,300 to 11,500 feet. Included in this acquisition were 35 wells that were producing and four wells that were waiting on completion. The Company operates 974 of the 1,711 producing wells presented in the above table. As of December 31, 2011, it owned interests in 16 wells containing multiple completions, which means that a well is producing from more than one completed zone. It generally sells its oil and natural gas at current market prices at the point its wells connect to third party purchaser pipelines. The oil and gas industry is highly competitive. Competitors include major oil companies, other independent energy companies and individual producers and operators. The Company's operations and facilities are subject to extensive federal, state and local laws and regulations relating to the exploration for, and the development, production and transportation of, oil and natural gas, and operating safety.
Company Website
SEC Reports
Industry: Oil & Gas E&P
Compare:OJSCY, APC, APA, HRTPY, SGTZY
Traded in other countries:CX9.Germany
ยป More Articles for CRK

Headlines

Articles On GuruFocus.com
5 Oil & Gas Stocks with Positive Catalysts for Growth Feb 22 2012 
Comstock Resources Inc. Reports Operating Results (10-Q) Aug 05 2010 
Weekly Guru Bargains Highlights: Sandridge Energy, Comstock Resources , Brasil Telecom S.A, RRI Ener May 08 2010 
Comstock Resources Inc. Reports Operating Results (10-Q) May 05 2010 
Weekly CEO Sells Highlight: Anadarko Petroleum Corp., SMART Modular Technologies Inc., FedEx Corp., Apr 04 2010 
Comstock Resources Inc. (CRK) Chairman & CEO M Jay Allison sells 135,000 Shares Apr 01 2010 
Weekly Guru Bargains Highlights: Banco Bradesco SA, Comstock Resources Inc, EnCana Corp, SANDRIDGE E Mar 27 2010 
Comstock Resources Inc. (CRK) COO Mack D Good sells 4,252 Shares Dec 28 2009 
Comstock Resources Inc. (CRK) COO Mack D Good sells 4,250 Shares Dec 28 2009 
Comstock Resources Inc. Reports Operating Results (10-Q) Nov 04 2009 

More From Our Partners
Comstock to Pay 12.5-Cent Dividend - Analyst Blog May 20 2013 - ZACKS

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