Comstock Resources Inc
NYSE:CRK
Net Margin
Comstock Resources Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Comstock Resources Inc
NYSE:CRK
|
5.8B USD |
-18%
|
|
| US |
|
Conocophillips
NYSE:COP
|
130.5B USD |
17%
|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
711.8B CNY |
33%
|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
69.3B USD |
27%
|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
92.8B CAD |
17%
|
|
| US |
|
Hess Corp
NYSE:HES
|
48.5B USD |
21%
|
|
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
25%
|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
46.1B USD |
30%
|
|
| US |
|
EQT Corp
NYSE:EQT
|
32.1B USD |
4%
|
|
| US |
|
Texas Pacific Land Corp
NYSE:TPL
|
31.5B USD |
64%
|
|
| US |
C
|
Continental Resources Inc
F:C5L
|
25.8B EUR |
40%
|
Comstock Resources Inc
Glance View
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.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Comstock Resources Inc's most recent financial statements, the company has Net Margin of -18.3%.
You don't have any saved screeners yet