(CRK) Comstock Resources - Overview
Stock: Natural Gas, Oil
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 61.9% |
| Relative Tail Risk | -4.94% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.52 |
| Alpha | -1.07 |
| Character TTM | |
|---|---|
| Beta | 1.056 |
| Beta Downside | 1.508 |
| Drawdowns 3y | |
|---|---|
| Max DD | 51.11% |
| CAGR/Max DD | 0.49 |
Description: CRK Comstock Resources January 08, 2026
Comstock Resources, Inc. (NYSE:CRK) is an independent U.S. energy firm focused on acquiring, exploring, developing, and producing natural gas and oil assets primarily in the Haynesville and Bossier shales of North Louisiana and East Texas, covering roughly 1.1 million acres. The company, incorporated in 1919, is headquartered in Frisco, Texas.
As of Q4 2023, Comstock reported average daily production of about 30 MMcf of natural gas and 1,800 boe of oil, generating adjusted EBITDA of $120 million and a cash-flow-to-debt ratio of 0.6×, indicating moderate leverage but sufficient liquidity to fund ongoing drilling programs.
Key economic drivers for Comstock include the regional natural-gas price spread (Haynesville Δ $0.30-$0.45 /MMBtu versus Henry Hub), the ongoing demand for LNG feedstock, and the company’s ability to maintain low-cost drilling rigs (average $12-$15 MM per well) that keep breakeven prices near $2.50 /MMBtu. A broader sector trend is the shift toward higher-margin liquids-rich gas plays, which could enhance the company’s oil-to-gas ratio.
For a deeper quantitative view of CRK’s valuation metrics and scenario analysis, you might find the ValueRay platform worth a quick look.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income: 67.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.05 > 0.02 and ΔFCF/TA 4.37 > 1.0 |
| NWC/Revenue: -21.17% < 20% (prev -15.42%; Δ -5.75% < -1%) |
| CFO/TA 0.14 > 3% & CFO 942.5m > Net Income 67.5m |
| Net Debt (3.18b) to EBITDA (812.4m): 3.92 < 3 |
| Current Ratio: 0.41 > 1.5 & < 3 |
| Outstanding Shares: last quarter (294.0m) vs 12m ago 1.30% < -2% |
| Gross Margin: 44.76% > 18% (prev -0.06%; Δ 4483 % > 0.5%) |
| Asset Turnover: 27.36% > 50% (prev 20.56%; Δ 6.80% > 0%) |
| Interest Coverage Ratio: 0.57 > 6 (EBITDA TTM 812.4m / Interest Expense TTM 221.4m) |
Altman Z'' 0.41
| A: -0.06 (Total Current Assets 268.9m - Total Current Liabilities 649.8m) / Total Assets 6.84b |
| B: 0.12 (Retained Earnings 843.3m / Total Assets 6.84b) |
| C: 0.02 (EBIT TTM 126.7m / Avg Total Assets 6.58b) |
| D: 0.23 (Book Value of Equity 989.8m / Total Liabilities 4.22b) |
| Altman-Z'' Score: 0.41 = B |
Beneish M -3.11
| DSRI: 0.78 (Receivables 184.9m/170.2m, Revenue 1.80b/1.30b) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 0.91 (AQ_t 0.05 / AQ_t-1 0.05) |
| SGI: 1.39 (Revenue 1.80b / 1.30b) |
| TATA: -0.13 (NI 67.5m - CFO 942.5m) / TA 6.84b) |
| Beneish M-Score: -3.11 (Cap -4..+1) = AA |
What is the price of CRK shares?
Over the past week, the price has changed by -3.88%, over one month by -4.52%, over three months by +7.43% and over the past year by +18.61%.
Is CRK a buy, sell or hold?
- StrongBuy: 2
- Buy: 0
- Hold: 10
- Sell: 2
- StrongSell: 1
What are the forecasts/targets for the CRK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 21 | -2.5% |
| Analysts Target Price | 21 | -2.5% |
| ValueRay Target Price | 24.7 | 14.6% |
CRK Fundamental Data Overview February 05, 2026
P/E Forward = 34.8432
P/S = 3.6577
P/B = 3.0233
P/EG = -0.04
Revenue TTM = 1.80b USD
EBIT TTM = 126.7m USD
EBITDA TTM = 812.4m USD
Long Term Debt = 3.13b USD (from longTermDebt, last quarter)
Short Term Debt = 48.3m USD (from shortTermDebt, last quarter)
Debt = 3.20b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.18b USD (from netDebt column, last quarter)
Enterprise Value = 9.77b USD (6.59b + Debt 3.20b - CCE 19.2m)
Interest Coverage Ratio = 0.57 (Ebit TTM 126.7m / Interest Expense TTM 221.4m)
EV/FCF = -30.40x (Enterprise Value 9.77b / FCF TTM -321.3m)
FCF Yield = -3.29% (FCF TTM -321.3m / Enterprise Value 9.77b)
FCF Margin = -17.86% (FCF TTM -321.3m / Revenue TTM 1.80b)
Net Margin = 3.75% (Net Income TTM 67.5m / Revenue TTM 1.80b)
Gross Margin = 44.76% ((Revenue TTM 1.80b - Cost of Revenue TTM 994.0m) / Revenue TTM)
Gross Margin QoQ = 50.87% (prev 21.64%)
Tobins Q-Ratio = 1.43 (Enterprise Value 9.77b / Total Assets 6.84b)
Interest Expense / Debt = 1.77% (Interest Expense 56.7m / Debt 3.20b)
Taxrate = 13.62% (18.6m / 136.7m)
NOPAT = 109.4m (EBIT 126.7m * (1 - 13.62%))
Current Ratio = 0.41 (Total Current Assets 268.9m / Total Current Liabilities 649.8m)
Debt / Equity = 1.36 (Debt 3.20b / totalStockholderEquity, last quarter 2.36b)
Debt / EBITDA = 3.92 (Net Debt 3.18b / EBITDA 812.4m)
Debt / FCF = -9.91 (negative FCF - burning cash) (Net Debt 3.18b / FCF TTM -321.3m)
Total Stockholder Equity = 2.24b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.03% (Net Income 67.5m / Total Assets 6.84b)
RoE = 3.01% (Net Income TTM 67.5m / Total Stockholder Equity 2.24b)
RoCE = 2.36% (EBIT 126.7m / Capital Employed (Equity 2.24b + L.T.Debt 3.13b))
RoIC = 2.07% (NOPAT 109.4m / Invested Capital 5.28b)
WACC = 7.10% (E(6.59b)/V(9.79b) * Re(9.81%) + D(3.20b)/V(9.79b) * Rd(1.77%) * (1-Tc(0.14)))
Discount Rate = 9.81% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 3.01%
Fair Price DCF = unknown (Cash Flow -321.3m)
EPS Correlation: -67.55 | EPS CAGR: -27.59% | SUE: -2.06 | # QB: 0
Revenue Correlation: -54.10 | Revenue CAGR: -9.55% | SUE: 0.82 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.23 | Chg30d=-0.053 | Revisions Net=-5 | Analysts=12
EPS next Year (2026-12-31): EPS=0.99 | Chg30d=-0.066 | Revisions Net=-2 | Growth EPS=+88.5% | Growth Revenue=+13.5%