Comstock Resources, Inc. (CRK)Energy | Oil & Gas E&P | Frisco, United States | NYSE
14.29 USD
-0.33
(-2.257%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 14.40 +0.11 (0.770%) ⇧ (Aug. 28, 2026, 7:30 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:32 a.m. EDT
The investment case for Comstock Resources remains fundamentally compromised by severe operational and financial distress. While the stock has rallied nearly 180% over the last nine years, the most recent quarterly results reveal a catastrophic collapse in performance: revenue plummeted by 25.2% and earnings growth turned negative at a staggering 93%, driven by hedging failures that overshadowed any profitability beat. This deterioration is compounded by a precarious balance sheet with a debt-to-equity ratio exceeding 100% and a current ratio of just 0.48, leaving the company illiquid and reliant on borrowing to survive. Although the trailing P/E appears attractive at under 8, this is a classic value trap reflecting depressed expectations rather than undervalued quality, especially given the negative free cash flow and the market's pricing in of further operational struggles. The recent price action is likely a speculative bounce off lows rather than a reversal of the underlying business decline. Consequently, the security warrants a cautious hold for now, but investors should avoid adding to positions until there is clear evidence of stabilized production and a path to deleveraging. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.032271 |
| MSTL | 0.033921 |
| AutoTheta | 0.089660 |
| AutoARIMA | 0.291216 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 2.15 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.209 |
| Excess Kurtosis | 0.04 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Ex Dividend Date | 2023-11-29 |
| Last Dividend Date | 2023-11-29 |
| Debt to Equity Ratio | 100.201 |
| Revenue per Share | 6.463 |
| Market Cap | 4,195,837,440 |
| Trailing P/E | 8.21 |
| Forward P/E | 16.45 |
| Beta | 0.13 |
| Profit Margins | 27.00% |
| Website | https://www.comstockresources.com |
As of Aug. 22, 2026, 1:32 a.m. EDT: Speculators are positioning for a volatile range-bound scenario rather than a decisive breakout. Call volume is heavily concentrated at the money (14.0 strike) and slightly out-of-the-money (15.0), creating a dense wall of resistance that suggests traders expect the price to struggle to advance past current levels. Conversely, put open interest is significantly higher than call open interest across most expirations, particularly in the deep in-the-money strikes (below 12.0), indicating a defensive stance where sellers are betting on continued weakness or a failure to reclaim higher ground. The implied volatility skew shows elevated premiums for deep in-the-money puts, reinforcing the fear of downside gaps despite the recent price recovery.
| Date | Dividend | Yield % |
|---|---|---|
| 2023-11-30 | 0.125 | 1.266464 |
| 2023-08-31 | 0.125 | 1.019576 |
| 2023-05-31 | 0.125 | 1.341202 |
| 2023-02-28 | 0.125 | 1.029654 |
| 2022-11-30 | 0.125 | 0.681199 |
| 2014-12-03 | 0.625 | 1.636126 |
| 2014-09-03 | 0.625 | 0.529437 |
| 2014-06-04 | 0.625 | 0.481881 |
| 2014-03-05 | 0.625 | 0.637755 |
| 2013-12-04 | 0.625 | 0.756201 |
| 2013-09-04 | 0.625 | 0.862664 |
| 2013-05-29 | 0.625 | 0.730994 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.12706172 |
| Address1 | Comstock Tower |
| Address2 | Suite 500 5300 Town and Country Blvd. |
| All Time High | 453.05 |
| All Time Low | 2.64 |
| Ask | 14.35 |
| Ask Size | 700 |
| Audit Risk | 6 |
| Average Analyst Rating | 3.2 - Hold |
| Average Daily Volume10 Day | 2,058,110 |
| Average Daily Volume3 Month | 2,422,555 |
| Average Volume | 2,422,555 |
| Average Volume10Days | 2,058,110 |
| Beta | 0.132 |
| Bid | 14.34 |
| Bid Size | 200 |
| Board Risk | 7 |
| Book Value | 8.784 |
| City | Frisco |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 2 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 14.29 |
| Current Ratio | 0.476 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 14.87 |
| Day Low | 14.245 |
| Debt To Equity | 100.201 |
| Display Name | Comstock Resources |
| Dividend Date | 1,702,598,400 |
| Earnings Call Timestamp End | 1,785,423,600 |
| Earnings Call Timestamp Start | 1,785,423,600 |
| Earnings Growth | -0.93 |
| Earnings Quarterly Growth | -0.93 |
| Earnings Timestamp | 1,785,355,200 |
| Earnings Timestamp End | 1,793,649,600 |
| Earnings Timestamp Start | 1,793,649,600 |
| Ebitda | 985,299,968 |
| Ebitda Margins | 0.52341 |
| Enterprise To Ebitda | 8.023 |
| Enterprise To Revenue | 4.199 |
| Enterprise Value | 7,905,208,832 |
| Eps Current Year | 0.41313 |
| Eps Forward | 0.86872 |
| Eps Trailing Twelve Months | 1.74 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,701,302,400 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 972 668 8812 |
| Fifty Day Average | 13.6668 |
| Fifty Day Average Change | 0.6232004 |
| Fifty Day Average Change Percent | 0.045599587 |
| Fifty Two Week Change Percent | -12.706173 |
| Fifty Two Week High | 28.1 |
| Fifty Two Week High Change | -13.81 |
| Fifty Two Week High Change Percent | -0.49145907 |
| Fifty Two Week Low | 12.12 |
| Fifty Two Week Low Change | 2.17 |
| Fifty Two Week Low Change Percent | 0.1790429 |
| Fifty Two Week Range | 12.12 - 28.1 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 557,155,800,000 |
| Float Shares | 63,466,081 |
| Forward Eps | 0.86872 |
| Forward P E | 16.44949 |
| Free Cashflow | -868,676,608 |
| Full Exchange Name | NYSE |
| Full Time Employees | 252 |
| Fullday Change | -0.33 |
| Fullday Change Percent | -2.25718 |
| Fullday Price | 14.4 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.56847 |
| Gross Profits | 1,070,131,008 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.73252 |
| Held Percent Institutions | 0.31148002 |
| Implied Shares Outstanding | 293,620,548 |
| Industry | Oil & Gas E&P |
| Industry Disp | Oil & Gas E&P |
| Industry Key | oil-gas-e-p |
| Ir Website | http://phx.corporate-ir.net/phoenix.zhtml?c=101568&p=irol-IRhome |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,701,302,400 |
| Last Dividend Value | 0.125 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,470,009,600 |
| Last Split Factor | 1:5 |
| Long Business Summary | Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. Its assets covering an area of approximately 1,069,991 acres are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. The company was incorporated in 1919 and is headquartered in Frisco, Texas. |
| Long Name | Comstock Resources, Inc. |
| Market | us_market |
| Market Cap | 4,195,837,440 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_560592817 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 504,334,016 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 4,292,732,411 |
| Number Of Analyst Opinions | 12 |
| Open | 14.63 |
| Operating Cashflow | 819,467,008 |
| Operating Margins | 0.059710003 |
| Overall Risk | 4 |
| Payout Ratio | 0.0 |
| Peg Ratio | 4.64 |
| Phone | 972 668 8800 |
| Post Market Change | 0.10999966 |
| Post Market Change Percent | 0.7697667 |
| Post Market Price | 14.4 |
| Post Market Time | 1,787,959,804 |
| Previous Close | 14.62 |
| Price Eps Current Year | 34.589596 |
| Price Hint | 2 |
| Price To Book | 1.6268214 |
| Price To Sales Trailing12 Months | 2.2288988 |
| Profit Margins | 0.27 |
| Quick Ratio | 0.324 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 3.15385 |
| Region | US |
| Regular Market Change | -0.33 |
| Regular Market Change Percent | -2.25718 |
| Regular Market Day High | 14.87 |
| Regular Market Day Low | 14.245 |
| Regular Market Day Range | 14.245 - 14.87 |
| Regular Market Open | 14.63 |
| Regular Market Previous Close | 14.62 |
| Regular Market Price | 14.29 |
| Regular Market Time | 1,787,947,202 |
| Regular Market Volume | 1,356,294 |
| Return On Assets | 0.02922 |
| Return On Equity | 0.19018 |
| Revenue Growth | -0.252 |
| Revenue Per Share | 6.463 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 293,620,548 |
| Shares Percent Shares Out | 0.0837 |
| Shares Short | 24,575,628 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 24,068,525 |
| Short Name | Comstock Resources, Inc. |
| Short Percent Of Float | 0.313 |
| Short Ratio | 10.81 |
| Source Interval | 15 |
| State | TX |
| Symbol | CRK |
| Target High Price | 19.0 |
| Target Low Price | 9.0 |
| Target Mean Price | 14.875 |
| Target Median Price | 15.5 |
| Total Cash | 45,008,000 |
| Total Cash Per Share | 0.153 |
| Total Debt | 3,169,937,920 |
| Total Revenue | 1,882,471,040 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.74 |
| Trailing P E | 8.212644 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 18.3132 |
| Two Hundred Day Average Change | -4.0232 |
| Two Hundred Day Average Change Percent | -0.21968853 |
| Type Disp | Equity |
| Volume | 1,356,294 |
| Website | https://www.comstockresources.com |
| Zip | 75,034 |