Comstock Resources Inc
NYSE:CRK
Operating Margin
Comstock Resources Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Comstock Resources Inc
NYSE:CRK
|
5.8B USD |
-14%
|
|
| US |
|
Conocophillips
NYSE:COP
|
130.5B USD |
23%
|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
711.8B CNY |
44%
|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
69.3B USD |
36%
|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
92.8B CAD |
27%
|
|
| US |
|
Hess Corp
NYSE:HES
|
48.5B USD |
37%
|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
46.1B USD |
42%
|
|
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
34%
|
|
| US |
|
EQT Corp
NYSE:EQT
|
32.1B USD |
7%
|
|
| US |
|
Texas Pacific Land Corp
NYSE:TPL
|
31.5B USD |
76%
|
|
| US |
C
|
Continental Resources Inc
F:C5L
|
25.8B EUR |
58%
|
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
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Comstock Resources Inc's most recent financial statements, the company has Operating Margin of -13.5%.
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