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Comstock Resources (Comstock Resources) Net Margin %

: 26.40% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Comstock Resources's Net Income for the three months ended in Dec. 2023 was $108 Mil. Comstock Resources's Revenue for the three months ended in Dec. 2023 was $411 Mil. Therefore, Comstock Resources's net margin for the quarter that ended in Dec. 2023 was 26.40%.

The historical rank and industry rank for Comstock Resources's Net Margin % or its related term are showing as below:

CRK' s Net Margin % Range Over the Past 10 Years
Min: -414.82   Med: -10.29   Max: 31.45
Current: 13.54


CRK's Net Margin % is ranked better than
69.71% of 974 companies
in the Oil & Gas industry
Industry Median: 4.145 vs CRK: 13.54

Comstock Resources Net Margin % Historical Data

The historical data trend for Comstock Resources's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Comstock Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.60 -6.11 -13.06 31.45 13.54

Comstock Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.36 27.47 -15.86 3.91 26.40

Competitive Comparison

For the Oil & Gas E&P subindustry, Comstock Resources's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Comstock Resources Net Margin % Distribution

For the Oil & Gas industry and Energy sector, Comstock Resources's Net Margin % distribution charts can be found below:

* The bar in red indicates where Comstock Resources's Net Margin % falls into.



Comstock Resources Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Comstock Resources's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=211.894/1565.109
=13.54 %

Comstock Resources's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=108.377/410.583
=26.40 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Comstock Resources  (NYSE:CRK) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Comstock Resources Net Margin % Related Terms

Thank you for viewing the detailed overview of Comstock Resources's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Comstock Resources (Comstock Resources) Business Description

Traded in Other Exchanges
Address
5300 Town and Country Boulevard, Suite 500, Comstock Tower, Frisco, TX, USA, 75034
Comstock Resources Inc is an independent energy company operating in the Haynesville shale, a natural gas basin located in East Texas and North Louisiana with superior economics and geographical proximity to the Gulf Coast markets. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. Its oil and gas operations are concentrated in Louisiana, Texas and North Dakota.
Executives
Roland O Burns director, officer: Sr. VP & CFO 5300 TOWN AND COUNTY BLVD SUITE 500, FRISCO TX 75034
Brian Christopher Claunch officer: VP of Financial Reporting 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Patrick Mcgough officer: Vice President of Operations 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Jim L Turner director DEAN FOODS COMPANY, 2711 N. HASKELL AVE., SUITE 3400, DALLAS TX 75204
Morris E Foster director C/O EXXON MOBIL CORP, 5959 LAS COLINAS BLVD., IRVING TX 75039-2298
Newell Clifford Doyle Iii officer: VP of Corporate Development 5300 TOWN & COUNTRY BLVD., SUITE 500, FRISCO TX 75034
M Jay Allison director, officer: Chairman & CEO 5300 TOWN AND COUNTY BLVD SUITE 500, FRISCO TX 75034
Kanaman Lori Ann Arendt officer: VP of Marketing 5300 TOWN & COUNTRY BLVD., SUITE 500, FRISCO TX 75034
Stuart D Porter director, 10 percent owner 200 CLARENDON ST, 25TH FLOOR, BOSTON MA 02116
Russell W Romoser officer: VP of Reservoir Engineering 5300 TOWN AND COUNTRY BLVD., SUITE 500, FRISCO TX 75034
Ronald Eugene Mills officer: VP of Finance. and IR 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
John David Jacobi director 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
David John Terry officer: Sr. VP of Corporate Dev. 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Covey Park Holdings Llc director, 10 percent owner 8401 N. CENTRAL EXPRESSWAY, SUITE 700, DALLAS TX 75225
Jordan Tatum Marye director 700 LOUISIANA STREET, SUITE 3700, HOUSTON TX 77002

Comstock Resources (Comstock Resources) Headlines