Comstock Resources Inc
NYSE:CRK

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Comstock Resources Inc
NYSE:CRK
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Price: 15.78 USD -0.25%
Market Cap: 4.6B USD
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Comstock Resources Inc
Accounts Payable

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Comstock Resources Inc
Accounts Payable Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accounts Payable CAGR 3Y CAGR 5Y CAGR 10Y
Comstock Resources Inc
NYSE:CRK
Accounts Payable
$358.3m
CAGR 3-Years
3%
CAGR 5-Years
9%
CAGR 10-Years
11%
Hess Corp
NYSE:HES
Accounts Payable
$391m
CAGR 3-Years
23%
CAGR 5-Years
0%
CAGR 10-Years
-14%
EOG Resources Inc
NYSE:EOG
Accounts Payable
$2.3B
CAGR 3-Years
5%
CAGR 5-Years
-1%
CAGR 10-Years
-2%
Texas Pacific Land Corp
NYSE:TPL
Accounts Payable
$40.6m
CAGR 3-Years
31%
CAGR 5-Years
16%
CAGR 10-Years
44%
Diamondback Energy Inc
NASDAQ:FANG
Accounts Payable
$198m
CAGR 3-Years
111%
CAGR 5-Years
-3%
CAGR 10-Years
38%
Conocophillips
NYSE:COP
Accounts Payable
$5.2B
CAGR 3-Years
8%
CAGR 5-Years
10%
CAGR 10-Years
-5%
No Stocks Found

Comstock Resources Inc
Glance View

Market Cap
4.6B USD
Industry
Energy

Comstock Resources Inc., nestled in the heart of Texas, has carved out a formidable niche in the American energy landscape. This company, founded in 1919, has evolved over the decades from a diverse conglomerate to a focused and dynamic player in the oil and gas industry. Today, it primarily dedicates its efforts to the exploration and production of natural gas, with a particular emphasis on the Haynesville Shale in North Louisiana and East Texas. This strategic concentration allows Comstock to leverage the vast potential of one of the nation’s most prolific natural gas fields. By utilizing advanced drilling techniques and a deep understanding of geological formations, Comstock maximizes extraction efficiency and bolsters its reserves, ensuring a steady flow of resources to meet America's energy demands. The company’s financial well-being relies heavily on its ability to adeptly navigate the cyclical tides of the energy market. Comstock generates revenue by selling the natural gas extracted from its wells to marketers, utilities, and industrial users. Unlike many of its competitors, Comstock has chosen to hedge a significant portion of its production, mitigating the risks associated with volatile commodity prices. This strategy not only stabilizes cash flow but also positions the company to manage operational costs and reinvest in further exploration and development projects. By maintaining a sharp focus on cost management, efficiently deploying capital, and strategically managing its resource portfolio, Comstock Resources continues to strengthen its position as a resilient entity amidst the ever-changing currents of the energy sector.

CRK Intrinsic Value
12.19 USD
Overvaluation 23%
Intrinsic Value
Price

See Also

What is Comstock Resources Inc's Accounts Payable?
Accounts Payable
358.3m USD

Based on the financial report for Sep 30, 2024, Comstock Resources Inc's Accounts Payable amounts to 358.3m USD.

What is Comstock Resources Inc's Accounts Payable growth rate?
Accounts Payable CAGR 10Y
11%

Over the last year, the Accounts Payable growth was -29%. The average annual Accounts Payable growth rates for Comstock Resources Inc have been 3% over the past three years , 9% over the past five years , and 11% over the past ten years .

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