CRK Chart
About

Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. Its assets covering an area of approximately 1,069,991 acres are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. The company was incorporated in 1919 and is headquartered in Frisco, Texas.

Fundamentals
Scroll to Statements
Sector Energy Industry Oil & Gas E&P Market Cap 6.29B
Enterprise Value 9.48B Income 392.53M Sales 2.22B
Book/sh 9.03 Cash/sh 0.08 Dividend Yield —
Payout 0.00% Employees 252 IPO —
P/E 14.95 Forward P/E 16.41 PEG —
P/S 2.83 P/B 2.37 P/C —
EV/EBITDA 7.21 EV/Sales 4.27 Quick Ratio 0.39
Current Ratio 0.49 Debt/Eq 98.00 LT Debt/Eq —
EPS (ttm) 1.43 EPS next Y 1.30 EPS Growth —
Revenue Growth 114.30% Earnings 2026-04-29 ROA 6.03%
ROE 15.87% ROIC — Gross Margin 62.03%
Oper. Margin 47.95% Profit Margin 17.82% Shs Outstand 294.02M
Shs Float 63.80M Short Float 22.09% Short Ratio 7.02
Short Interest — 52W High 31.17 52W Low 14.65
Beta 0.42 Avg Volume 2.61M Volume 1.74M
Target Price $19.86 Recom Hold Prev Close $21.06
Price $21.38 Change 1.52%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$19.86
Mean price target
2. Current target
$21.38
Latest analyst target
3. DCF / Fair value
$-20.54
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$21.38
Low
$8.00
High
$29.00
Mean
$19.86

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-23 main Morgan Stanley Equal-Weight → Equal-Weight $20
2026-01-16 down B of A Securities Buy → Neutral $24
2026-01-14 main Citigroup Neutral → Neutral $25
2025-12-12 main UBS Sell → Sell $18
2025-12-12 main Mizuho Neutral → Neutral $29
2025-11-18 main Piper Sandler Underweight → Underweight $8
2025-11-06 main UBS Sell → Sell $16
2025-10-23 init Clear Street — → Buy $26
2025-10-21 main Piper Sandler Underweight → Underweight $9
2025-10-16 main Mizuho Neutral → Neutral $21
2025-09-15 main Mizuho Neutral → Neutral $22
2025-08-20 main UBS Sell → Sell $14
2025-08-18 down Roth Capital Neutral → Sell $12
2025-08-04 main Piper Sandler Underweight → Underweight $10
2025-08-04 main Morgan Stanley Equal-Weight → Equal-Weight $19
2025-07-31 main UBS Sell → Sell $18
2025-07-10 down UBS Neutral → Sell $20
2025-07-07 main Mizuho Neutral → Neutral $27
2025-06-17 up Wolfe Research Peer Perform → Outperform $34
2025-06-13 main Citigroup Neutral → Neutral $27
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 12365 277842.0 — Stock Award(Grant) at price 22.47 per share. PRESLEY DANIEL K Officer — 2026-01-27 00:00:00 D
1 16125 362329.0 — Stock Award(Grant) at price 22.47 per share. SANDERS LARAE LYNN Officer — 2026-01-27 00:00:00 D
2 50168 1127275.0 — Stock Award(Grant) at price 22.47 per share. HARRISON DANIEL S Chief Operating Officer — 2026-01-27 00:00:00 D
3 13606 305727.0 — Stock Award(Grant) at price 22.47 per share. MCGOUGH PATRICK Officer — 2026-01-27 00:00:00 D
4 10629 238834.0 — Stock Award(Grant) at price 22.47 per share. MILLS RONALD EUGENE Officer — 2026-01-27 00:00:00 D
5 12455 279864.0 — Stock Award(Grant) at price 22.47 per share. CLAUNCH BRIAN CHRISTOPHER Officer — 2026-01-27 00:00:00 D
6 32776 736477.0 — Stock Award(Grant) at price 22.47 per share. NEWELL CLIFFORD DOYLE III Officer — 2026-01-27 00:00:00 D
7 353694 7947504.0 — Stock Award(Grant) at price 22.47 per share. ALLISON MILES JAY Chief Executive Officer — 2026-01-27 00:00:00 D
8 94805 2130268.0 — Stock Award(Grant) at price 22.47 per share. BURNS ROLAND O President — 2026-01-27 00:00:00 D
9 45406 1086112.0 — Stock Gift at price 23.92 per share. ALLISON MILES JAY Chief Executive Officer — 2025-12-29 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems60.11M2.32M26.66M-132.03M
TaxRateForCalcs0.170.210.140.19
NormalizedEBITDA1.03B627.12M836.15M2.77B
TotalUnusualItems345.40M11.07M187.76M-709.02M
TotalUnusualItemsExcludingGoodwill345.40M11.07M187.76M-709.02M
NetIncomeFromContinuingOperationNetMinorityInterest420.20M-218.75M211.89M1.14B
ReconciledDepreciation641.16M795.40M607.91M489.45M
ReconciledCostOfRevenue1.49B1.38B1.30B1.30B
EBITDA1.37B638.19M1.02B2.06B
EBIT731.53M-157.21M416.01M1.57B
NetInterestIncome-222.80M-210.62M-169.02M-171.09M
InterestExpense222.80M210.62M169.02M171.09M
NormalizedIncome134.91M-227.50M50.79M1.72B
NetIncomeFromContinuingAndDiscontinuedOperation420.20M-218.75M211.89M1.14B
TotalExpenses1.55B1.42B1.34B1.35B
TotalOperatingIncomeAsReported645.85M-168.62M226.60M2.28B
DilutedAverageShares287.01M276.81M277.46M231.63M
BasicAverageShares287.01M276.81M236.04M231.63M
DilutedEPS-0.760.764.11-1.12
BasicEPS-0.760.764.75-1.12
DilutedNIAvailtoComStockholders420.20M-218.75M211.57M1.14B
AverageDilutionEarnings3.08M0.000.0020.29M
NetIncomeCommonStockholders417.13M-218.75M211.57M1.12B
OtherunderPreferredStockDividend3.08M0.00327.00K4.28M
PreferredStockDividends16.01M17.50M
NetIncome420.20M-218.75M211.89M1.14B
NetIncomeIncludingNoncontrollingInterests420.20M-218.75M211.89M1.14B
NetIncomeContinuousOperations420.20M-218.75M211.89M1.14B
TaxProvision88.53M-149.07M35.09M261.06M
PretaxIncome508.74M-367.83M246.99M1.40B
OtherIncomeExpense348.55M12.28M189.53M-708.11M
OtherNonOperatingIncomeExpenses3.14M1.21M1.77M916.00K
SpecialIncomeCharges262.87M875.00K125.00K-46.50M
GainOnSaleOfPPE291.94M875.00K125.00K340.00K
OtherSpecialCharges46.84M352.60M
ImpairmentOfCapitalAssets29.07M0.000.00
RestructuringAndMergernAcquisition0.00
GainOnSaleOfSecurity82.54M10.20M187.64M-662.52M
NetNonOperatingInterestIncomeExpense-222.80M-210.62M-169.02M-171.09M
InterestExpenseNonOperating222.80M210.62M169.02M171.09M
OperatingIncome382.99M-169.49M226.47M2.28B
OperatingExpense58.76M39.44M39.77M47.69M
OtherOperatingExpenses10.07M1.77M8.29M
SellingGeneralAndAdministration48.69M39.44M37.99M39.41M
GeneralAndAdministrativeExpense48.69M39.44M37.99M39.41M
OtherGandA48.69M39.44M37.99M39.41M
GrossProfit441.74M-130.06M266.24M2.33B
CostOfRevenue1.49B1.38B1.30B1.30B
TotalRevenue1.93B1.25B1.57B3.63B
OperatingRevenue1.93B1.25B1.57B3.63B
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber293.05M292.26M278.43M277.52M
ShareIssued293.05M292.26M278.43M277.52M
NetDebt2.79B2.95B2.62B2.10B
TotalDebt2.91B3.03B2.71B2.25B
TangibleBookValue2.31B1.91B2.02B1.94B
InvestedCapital5.46B5.19B5.00B4.43B
WorkingCapital-368.58M-328.82M-220.00M-111.15M
NetTangibleAssets2.31B1.91B2.02B1.94B
CapitalLeaseObligations98.37M76.30M73.81M93.21M
CommonStockEquity2.65B2.24B2.36B2.28B
PreferredStockEquity175.00M
TotalCapitalization5.46B5.19B5.00B4.43B
TotalEquityGrossMinorityInterest2.96B2.33B2.38B2.28B
MinorityInterest316.09M92.52M24.78M0.00
StockholdersEquity2.65B2.24B2.36B2.28B
RetainedEarnings1.12B728.62M958.27M886.14M
AdditionalPaidInCapital1.38B1.37B1.26B1.25B
CapitalStock146.53M146.13M139.21M138.76M
CommonStock146.53M146.13M139.21M138.76M
PreferredStock0.00175.00M
TotalLiabilitiesNetMinorityInterest4.04B4.05B3.87B3.42B
TotalNonCurrentLiabilitiesNetMinorityInterest3.31B3.44B3.19B2.66B
OtherNonCurrentLiabilities24.00K
DerivativeProductLiabilities0.0066.76M0.000.00
NonCurrentDeferredLiabilities437.10M345.12M470.04M425.73M
NonCurrentDeferredTaxesLiabilities437.10M345.12M470.04M425.73M
LongTermDebtAndCapitalLeaseObligation2.86B2.99B2.69B2.20B
LongTermCapitalLeaseObligation47.69M37.74M47.74M52.38M
LongTermDebt2.81B2.95B2.64B2.15B
LongTermProvisions20.79M34.00M30.77M29.11M
CurrentLiabilities729.52M612.85M681.49M756.14M
OtherCurrentLiabilities27.64M8.94M4.42M181.94M
CurrentDebtAndCapitalLeaseObligation50.68M38.56M26.06M40.82M
CurrentCapitalLeaseObligation50.68M38.56M26.06M40.82M
PensionandOtherPostRetirementBenefitPlansCurrent14.93M14.08M6.70M11.31M
PayablesAndAccruedExpenses636.27M551.28M648.73M699.59M
CurrentAccruedExpenses130.58M128.12M123.57M138.13M
InterestPayable64.04M64.04M54.91M54.87M
Payables505.69M423.16M525.15M561.45M
TotalTaxPayable4.00M1.35M1.89M31.26M
AccountsPayable501.69M421.81M523.26M530.20M
TotalAssets7.01B6.38B6.25B5.69B
TotalNonCurrentAssets6.65B6.10B5.79B5.05B
FinancialAssets0.00
GoodwillAndOtherIntangibleAssets335.90M335.90M335.90M335.90M
Goodwill335.90M335.90M335.90M335.90M
NetPPE6.31B5.76B5.46B4.71B
AccumulatedDepreciation-3.55B-2.94B-2.15B-1.55B
GrossPPE9.86B8.70B7.60B6.26B
OtherProperties481.39M223.80M133.84M117.19M
CurrentAssets360.94M284.03M461.49M644.99M
OtherCurrentAssets375.00K511.00K
HedgingAssetsCurrent19.21M4.87M126.78M23.88M
PrepaidAssets56.10M60.50M72.56M41.54M
Inventory34.82M5.01M
OtherInventories34.82M5.01M
Receivables261.32M211.87M245.49M524.40M
OtherReceivables9.93M4.14M3.12M
TaxesReceivable8.85M32.89M14.06M11.16M
AccountsReceivable242.54M174.85M231.43M510.13M
CashCashEquivalentsAndShortTermInvestments23.93M6.80M16.67M54.65M
CashAndCashEquivalents23.93M6.80M16.67M54.65M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-449.67M-477.14M-408.24M630.59M
RepurchaseOfCapitalStock0.000.00
RepaymentOfDebt-905.00M-710.00M-340.00M-1.26B
IssuanceOfDebt750.00M1.02B820.00M755.00M
IssuanceOfCapitalStock0.00100.45M0.000.00
CapitalExpenditure-1.35B-1.10B-1.43B-1.07B
InterestPaidSupplementalData210.82M190.02M161.01M166.28M
IncomeTaxPaidSupplementalData37.00K29.78M16.52M149.00K
EndCashPosition23.93M6.80M16.67M54.65M
BeginningCashPosition6.80M16.67M54.65M30.66M
ChangesInCash17.13M-9.87M-37.98M23.99M
FinancingCashFlow32.93M454.07M362.97M-576.72M
CashFlowFromContinuingFinancingActivities32.93M454.07M362.97M-576.72M
NetOtherFinancingCharges187.93M46.62M21.96M-17.09M
CashDividendsPaid0.000.00-138.99M-50.70M
PreferredStockDividendPaid0.000.00-16.01M-17.50M
CommonStockDividendPaid0.000.00-138.99M-34.69M
NetPreferredStockIssuance0.000.00
PreferredStockPayments0.000.00
PreferredStockIssuance0.00
NetCommonStockIssuance0.00100.45M0.000.00
CommonStockIssuance0.00100.45M0.000.00
NetIssuancePaymentsOfDebt-155.00M307.00M480.00M-508.92M
NetShortTermDebtIssuance-265.00M
ShortTermDebtPayments-820.00M
ShortTermDebtIssuance555.00M
NetLongTermDebtIssuance-155.00M307.00M480.00M-508.92M
LongTermDebtPayments-905.00M-710.00M-340.00M-1.26B
LongTermDebtIssuance750.00M1.02B820.00M755.00M
InvestingCashFlow-915.41M-1.08B-1.42B-1.10B
CashFlowFromContinuingInvestingActivities-915.41M-1.08B-1.42B-1.10B
NetOtherInvestingChanges433.87M13.20M7.29M-29.88M
NetBusinessPurchaseAndSale0.00
PurchaseOfBusiness0.00
CapitalExpenditureReported-1.35B-1.10B-1.43B-1.07B
OperatingCashFlow899.61M620.34M1.02B1.70B
CashFlowFromContinuingOperatingActivities899.61M620.34M1.02B1.70B
ChangeInWorkingCapital38.33M-54.86M242.35M-23.43M
ChangeInOtherCurrentAssets17.52M-22.89M745.00K-10.30M
ChangeInPayablesAndAccruedExpense81.31M-88.55M-37.09M229.25M
ChangeInReceivables-60.50M56.58M278.70M-242.39M
ChangesInAccountReceivables-60.50M56.58M278.70M-242.39M
OtherNonCashItems32.11M219.28M88.29M-852.46M
StockBasedCompensation21.22M15.26M9.87M6.61M
AssetImpairmentCharge29.07M0.000.00
DeferredTax91.98M-124.92M44.30M228.32M
DeferredIncomeTax91.98M-124.92M44.30M228.32M
DepreciationAmortizationDepletion641.16M795.40M607.91M489.45M
OperatingGainsLosses-374.48M-11.07M-187.76M709.02M
GainLossOnInvestmentSecurities-82.54M-10.20M-187.64M662.52M
GainLossOnSaleOfPPE162.08M
NetIncomeFromContinuingOperations420.20M-218.75M211.89M1.14B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for CRK
Date User Asset Broker Type Position Size Entry Price Patterns