Comstock Resources Inc
NYSE:CRK

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Comstock Resources Inc
NYSE:CRK
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Price: 15.82 USD 2.2% Market Closed
Market Cap: 4.6B USD
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Comstock Resources Inc
Operating Expenses

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Comstock Resources Inc
Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
Comstock Resources Inc
NYSE:CRK
Operating Expenses
-$816.3m
CAGR 3-Years
-18%
CAGR 5-Years
-29%
CAGR 10-Years
-7%
Hess Corp
NYSE:HES
Operating Expenses
-$5.1B
CAGR 3-Years
-15%
CAGR 5-Years
-6%
CAGR 10-Years
3%
EOG Resources Inc
NYSE:EOG
Operating Expenses
-$6.1B
CAGR 3-Years
-6%
CAGR 5-Years
-4%
CAGR 10-Years
-2%
Texas Pacific Land Corp
NYSE:TPL
Operating Expenses
-$110.4m
CAGR 3-Years
-15%
CAGR 5-Years
-12%
CAGR 10-Years
-39%
Diamondback Energy Inc
NASDAQ:FANG
Operating Expenses
-$2.4B
CAGR 3-Years
-22%
CAGR 5-Years
-12%
CAGR 10-Years
-31%
Conocophillips
NYSE:COP
Operating Expenses
-$12.1B
CAGR 3-Years
-8%
CAGR 5-Years
-6%
CAGR 10-Years
1%
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 Operating Expenses?
Operating Expenses
-816.3m USD

Based on the financial report for Sep 30, 2024, Comstock Resources Inc's Operating Expenses amounts to -816.3m USD.

What is Comstock Resources Inc's Operating Expenses growth rate?
Operating Expenses CAGR 10Y
-7%

Over the last year, the Operating Expenses growth was -8%. The average annual Operating Expenses growth rates for Comstock Resources Inc have been -18% over the past three years , -29% over the past five years , and -7% over the past ten years .

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