CRK Stock Analysis
CR
Uncovered
Comstock Resources Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Market cap $B
2.899
Dividend yield
4.97 %
Shares outstanding
277.51 B
Comstock Resources, Inc. engages in the acquisition, development, and exploration of oil and natural gas. The company is headquartered in Frisco, Texas and currently employs 244 full-time employees. The firm is engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The firm operates through one segment: the exploration and production of North American oil and natural gas. The firm primarily operates in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas, with economic and geographical proximity to the Gulf Coast markets. The firm is focused on the development of drilling opportunities in the Haynesville and Bossier shales. The firm has approximately 2,000 drilling locations on its Haynesville/Bossier shale acreage, where the Company estimates to have 19 trillion cubic feet equivalent (TCFE) of reserve potential. The firm owns interests in approximately 2,393 producing oil and natural gas wells (1,464.7 net) and operates 1,633 of these wells.