CRK Stock Analysis: Comstock Resources | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 4.366m USD | 12M Return: -19.9% | US2057683029 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 34.3M
Qual. Beats: 0
Rev. Trend: 39.2%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Comstock Resources, Inc. (NYSE: CRK) is an independent energy company engaged in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. The companys operations are concentrated in the Haynesville and Bossier shales of North Louisiana and East Texas, spanning approximately 1,069,991 acres. Headquartered in Frisco, Texas, Comstock was incorporated in 1919 and trades as a mid-cap stock with a market capitalization of roughly $3.9 billion.
As an upstream-focused exploration and production (E&P) operator, Comstocks core business involves locating, drilling, and extracting hydrocarbons, generating revenue primarily through the sale of produced natural gas and crude oil. The Haynesville Shale is one of the most prolific dry gas basins in the United States, and the play has gained strategic importance amid growing U.S. LNG export capacity and rising demand for natural gas in power generation. Comstocks concentrated acreage position in this region aligns its output largely with natural gas pricing dynamics rather than crude oil markets.
- Henry Hub natural gas prices swing on weather and storage data
- Haynesville production growth targets rising LNG export demand
- Debt reduction and disciplined capital returns support balance sheet
| Net Income: 532.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.10 > 0.02 and ΔFCF/TA -5.83 > 1.0 |
| NWC/Revenue: -19.83% < 20% (prev -28.97%; Δ 9.14% < -1%) |
| CFO/TA 0.11 > 3% & CFO 819.5m > Net Income 532.9m |
| Net Debt (3.20b) to EBITDA (1.48b): 2.17 < 3 |
| Current Ratio: 0.48 > 1.5 & < 3 |
| Outstanding Shares: last quarter (291.5m) vs 12m ago -0.95% < -2% |
| Gross Margin: 23.58% > 18% (prev 11.91%; Δ 11.66% > 0.5%) |
| Asset Turnover: 26.48% > 50% (prev 24.71%; Δ 1.77% > 0%) |
| Interest Coverage Ratio: 3.86 > 6 (EBIT TTM 852.7m / Interest Expense TTM 220.9m) |
| A: -0.05 (Total Current Assets 338.6m - Total Current Liabilities 711.9m) / Total Assets 7.52b |
| B: 0.16 (Retained Earnings 1.24b / Total Assets 7.52b) |
| C: 0.12 (EBIT TTM 852.7m / Avg Total Assets 7.11b) |
| D: 0.59 (Book Value of Equity 2.58b / Total Liabilities 4.36b) |
| Altman-Z'' = 1.64 = BB |
| DSRI: 0.85 (Receivables 177.4m/184.1m, Revenue 1.88b/1.65b) |
| GMI: 0.51 (GM 11.91% / 23.58%) |
| AQI: 1.14 (AQ_t 0.06 / AQ_t-1 0.05) |
| SGI: 1.14 (Revenue 1.88b / 1.65b) |
| TATA: -0.04 (NI 532.9m - CFO 819.5m) / TA 7.52b) |
| Beneish M = -3.42 (Cap -4..+1) = AA |
As of November 02, 2026, the stock is trading at USD 14.72 with a total of 1,815,405 shares traded. Over the past week, the price has changed by +4.18%, over one month by +17.67%, over three months by +15.91% and over the past year by -19.91%.
Current recommended Stop Loss: 13.70 (which is 6.9% or 1.8 ATR below the current price).
Comstock Resources has received a consensus analysts rating of 2.81. Therefore, it is recommended to hold CRK.
- StrongBuy: 1
- Buy: 0
- Hold: 12
- Sell: 1
- StrongSell: 2
| Analysts Target Price | 15.3 | 3.9% |
P/E Trailing = 8.1703
P/E Forward = 48.7805
P/S = 2.3194
P/B = 1.6963
P/EG = 4.6431
Revenue TTM = 1.88b USD
EBIT TTM = 852.7m USD
EBITDA TTM = 1.48b USD
Long Term Debt = 3.10b USD (from longTermDebt, last quarter)
Short Term Debt = 37.6m USD (from shortTermDebt, last quarter)
Debt = 3.24b USD (from shortLongTermDebtTotal, last quarter) + Leases 74.1m
Net Debt = 3.20b USD (calculated: Debt 3.24b - CCE 45.0m)
Enterprise Value = 7.57b USD (4.37b + Debt 3.24b - CCE 45.0m)
Interest Coverage Ratio = 3.86 (Ebit TTM 852.7m / Interest Expense TTM 220.9m)
EV/FCF = -10.29x (Enterprise Value 7.57b / FCF TTM -735.2m)
FCF Yield = -9.72% (FCF TTM -735.2m / Enterprise Value 7.57b)
FCF Margin = -39.06% (FCF TTM -735.2m / Revenue TTM 1.88b)
Net Margin = 28.31% (Net Income TTM 532.9m / Revenue TTM 1.88b)
Gross Margin = 23.58% ((Revenue TTM 1.88b - Cost of Revenue TTM 1.44b) / Revenue TTM)
Gross Margin QoQ = 12.11% (prev 34.27%)
Tobins Q-Ratio = 1.01 (Enterprise Value 7.57b / Total Assets 7.52b)
Interest Expense / Debt = 6.81% (Interest Expense 220.9m / Debt 3.24b)
Taxrate = 15.74% (99.5m / 631.8m)
NOPAT = 718.5m (EBIT 852.7m * (1 - 15.74%))
Current Ratio = 0.48 (Total Current Assets 338.6m / Total Current Liabilities 711.9m)
Debt / Equity = 1.26 (Debt 3.24b / totalStockholderEquity, last quarter 2.58b)
Debt / EBITDA = 2.17 (Net Debt 3.20b / EBITDA 1.48b)
Debt / FCF = -4.35 (negative FCF - burning cash) (Net Debt 3.20b / FCF TTM -735.2m)
Total Stockholder Equity = 2.59b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.49% (Net Income 532.9m / Total Assets 7.52b)
RoE = 20.61% (Net Income TTM 532.9m / Total Stockholder Equity 2.59b)
RoCE = 15.00% (EBIT 852.7m / Capital Employed (Equity 2.59b + L.T.Debt 3.10b))
RoIC = 10.56% (NOPAT 718.5m / Invested Capital 6.81b)
WACC = 6.31% (E(4.37b)/V(7.61b) * Re(6.74%) + D(3.24b)/V(7.61b) * Rd(6.81%) * (1-Tc(0.16)))
Discount Rate = 6.74% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 65.96 | Cagr: 2.13%
[DCF] Fair Price = unknown (Cash Flow -735.2m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.16 | # QB: 0
Revenue Correlation: 39.18 | Revenue CAGR: 8.05% | SUE: -1.05 | # QB: -1
EPS current Quarter (2026-09-30): EPS=0.04 | Chg30d=-22.93% | Revisions=-57% | Analysts=14
EPS current Year (2026-12-31): EPS=0.32 | Chg30d=-13.02% | Revisions=-12% | GrowthEPS=-40.8% | GrowthRev=-17.1%
EPS next Year (2027-12-31): EPS=0.46 | Chg30d=-28.16% | Revisions=-36% | GrowthEPS=+44.7% | GrowthRev=-6.3%
[Analyst] Revisions Ratio: -45% (up=4, down=13)