Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Comstock ResourcesSTU:CX91 -2.95%73 Gross Margin % is 12.11% as of Jun. 2026, which is 47% below its 10-year median of 22.91. GuruFocus rates STU:CX91 with a GF Score™ of 73/100 and a GF Value™ of €13.90 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 876 Oil & Gas companies, Comstock Resources ranks worse than 53.77% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Comstock Resources had a gross margin of 12.11% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Comstock Resources Gross Margin % Related Terms
Comstock Resources Gross Margin % Historical Data
* Premium members only.
The historical data trend for Comstock Resources's Gross 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.
STU:CX91 vs CRGY, CRC, BSM: Gross Margin % Comparison
For the Oil & Gas E&P subindustry, Comstock Resources's Gross Margin %, along with its competitors' market caps and Gross 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 Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Comstock Resources's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Comstock Resources's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Comstock Resources (STU:CX91) has a Gross Margin % of 12.11% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Comstock Resources and its competitors. This is 47% below median its historical median of 22.91. According to the industry distribution chart, Comstock Resources ranks #471 out of 876 companies in the Oil & Gas industry, placing it in the top 53.8%.
Is Comstock Resources' Gross Margin % too high?
Comstock Resources' current Gross Margin % of 12.11% is 47% below median its 10-year median of 22.91. The Oil & Gas industry median Gross Margin % is 25.95. Comstock Resources' value of 12.11% is 53.3% below this industry median. Based on the distribution chart, Comstock Resources ranks #471 out of 876 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Comstock Resources has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Comstock Resources' Gross Margin % compare to CRGY and CRC?
According to the Oil & Gas industry distribution chart, Comstock Resources ranks #471 out of 876 companies for Gross Margin %. This places Comstock Resources in the lower half of its industry. The industry median Gross Margin % is 25.95. Comstock Resources' value of 12.11% is 53.3% below this benchmark. While the company's 10-year median is 22.91 vs. the industry median of 25.95, Comstock Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.95, based on 876 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Comstock Resources's current Gross Margin % of 12.11% is 53.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Comstock Resources and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comstock Resources's current Gross Margin % is 12.11%, which is 47% below median its own 10-year median of 22.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comstock Resources stock overvalued right now?
Based on GuruFocus' analysis, Comstock Resources (STU:CX91) is currently considered Modestly Undervalued. The stock's GF Value™ is €13.90, compared to a current price of €11.20 — trading 19.4% below its estimated fair value. The current Gross Margin % is 12.11%, which is 47% below median its 10-year median of 22.91 and 53.3% below the Oil & Gas industry median of 25.95. Comstock Resources' overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Comstock Resources (STU:CX91), the current Gross Margin % is 12.11% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Comstock Resources (STU:CX91) Overvalued in 2026?
Based on GuruFocus' analysis, Comstock Resources stock appears to be undervalued.
The current stock price of €11.20 is trading 19.4% below its estimated GF Value™ of €13.90.
GuruFocus considers Comstock Resources to be Modestly Undervalued.
Key valuation signals for STU:CX91:
Gross Margin %: 12.11% (47% below median its 10-year median of 22.91)
GF Value™: €13.90 vs. price of €11.20 (19.4% below fair value)
Industry Position: 53.3% below the Oil & Gas median (#471 of 876)
No single metric tells the full story. See the STU:CX91 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Comstock Resources Inc is an independent natural gas producer operating in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas with superior economics given its geographical proximity to the Gulf Coast natural gas markets. The Company operates in one business segment, the exploration and production of North American natural gas and oil. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. The company's oil and gas operations are concentrated in Louisiana and Texas.
73GF Score
Get the complete analysis for STU:CX91
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:CX91 has been successfully added to your 
