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Upturn AI SWOT - About
Comstock Resources Inc (CRK)
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Upturn Advisory Summary
07/09/2025: CRK (5-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Number of Analysts
15 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $21.79
1 Year Target Price $21.79
| 2 | Strong Buy |
| 0 | Buy |
| 10 | Hold |
| 2 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 57.81% | Avg. Invested days 49 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 07/09/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.96B USD | Price to earnings Ratio - | 1Y Target Price 21.79 |
Price to earnings Ratio - | 1Y Target Price 21.79 | ||
Volume (30-day avg) 15 | Beta 0.33 | 52 Weeks Range 7.74 - 31.17 | Updated Date 07/9/2025 |
52 Weeks Range 7.74 - 31.17 | Updated Date 07/9/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.13 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -22.61% | Operating Margin (TTM) 24.6% |
Management Effectiveness
Return on Assets (TTM) -0.29% | Return on Equity (TTM) -13.44% |
Valuation
Trailing PE - | Forward PE 34.25 | Enterprise Value 10081806296 | Price to Sales(TTM) 4.86 |
Enterprise Value 10081806296 | Price to Sales(TTM) 4.86 | ||
Enterprise Value to Revenue 7.05 | Enterprise Value to EBITDA 26.2 | Shares Outstanding 292918016 | Shares Floating 86463479 |
Shares Outstanding 292918016 | Shares Floating 86463479 | ||
Percent Insiders 75.08 | Percent Institutions 30.69 |
Upturn AI SWOT
Comstock Resources Inc
Company Overview
History and Background
Comstock Resources Inc. was founded in 1983. Initially focused on oil and gas exploration, it has evolved to become a leading independent natural gas producer with operations primarily in the Haynesville Shale in Louisiana and Texas. Significant milestones include strategic acquisitions of acreage in the Haynesville and advancements in drilling technologies.
Core Business Areas
- Natural Gas Production: Comstock Resources primarily focuses on the exploration, development, production, and acquisition of natural gas and oil properties. The company's core activities revolve around drilling and operating wells in the Haynesville Shale region.
- Haynesville Shale Operations: The Haynesville Shale is the company's main operating area. They explore and extract natural gas. This segment represents a substantial majority of Comstock's overall production and revenue.
Leadership and Structure
Jay Allison serves as Chairman and Chief Executive Officer. Roland Burns is the President and Chief Financial Officer. The organizational structure is typical of an independent oil and gas exploration and production company, with departments focusing on geology, engineering, operations, finance, and legal.
Top Products and Market Share
Key Offerings
- Natural Gas: Comstock's primary product is natural gas extracted from the Haynesville Shale. Revenue from natural gas sales constitutes the vast majority of the company's total revenue. Competitors include Southwestern Energy (SWN), Chesapeake Energy (CHK), and BP (BP).
Market Dynamics
Industry Overview
The natural gas industry is driven by demand for energy, geopolitical events, and technological advancements in extraction. Recent trends include increased LNG exports and focus on environmental sustainability.
Positioning
Comstock is a pure-play Haynesville Shale operator, positioning itself as a leader in this region. Their competitive advantage lies in their concentrated acreage and operational efficiency.
Total Addressable Market (TAM)
The global natural gas market is valued in the trillions of USD. Comstock, as a focused Haynesville producer, aims to capture a significant portion of the North American natural gas market, worth billions of dollars annually.
Upturn SWOT Analysis
Strengths
- Concentrated acreage in the Haynesville Shale
- Proven drilling expertise
- Experienced management team
- High natural gas production rates
Weaknesses
- Reliance on natural gas prices
- Geographic concentration (Haynesville Shale)
- Debt levels
- Sensitivity to regulatory changes
Opportunities
- Increased demand for natural gas (LNG exports)
- Technological advancements in drilling
- Potential acquisitions of additional acreage
- Development of carbon capture and storage projects
Threats
- Fluctuations in natural gas prices
- Increased competition from other shale producers
- Environmental regulations
- Geopolitical risks affecting energy markets
Competitors and Market Share
Key Competitors
- SWN
- CHK
- BP
Competitive Landscape
Comstock's competitive advantage lies in its Haynesville Shale focus. Disadvantages include its smaller size compared to major integrated oil and gas companies. CRK's market share is estimated based on Hayneville production vs. larger players.
Major Acquisitions
Covey Park Energy
- Year: 2019
- Acquisition Price (USD millions): 2200
- Strategic Rationale: The strategic rationale was to expand Comstock's acreage and production in the Haynesville Shale.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been tied to acquisitions and increased drilling activity in the Haynesville Shale.
Future Projections: Future growth depends on natural gas demand, LNG export increases, and successful drilling programs. Analyst estimates vary based on price forecasts.
Recent Initiatives: Recent initiatives include expanding acreage in the Haynesville Shale and optimizing drilling techniques to improve production rates.
Summary
Comstock Resources is a focused natural gas producer with a strong presence in the Haynesville Shale. Its success is highly dependent on natural gas prices and efficient drilling operations. The company carries significant debt, which presents a risk. However, increased demand for natural gas and successful drilling programs offer potential for future growth and profitability.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Investor Relations
- MarketWatch
- Yahoo Finance
- Third party equity analysis from various investment banking research portals
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market data can change rapidly, and accuracy is not guaranteed.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Comstock Resources Inc
Exchange NYSE | Headquaters Frisco, TX, United States | ||
IPO Launch date 1990-03-26 | Chairman of the Board & CEO Mr. Miles Jay Allison J.D. | ||
Sector Energy | Industry Oil & Gas E&P | Full time employees 256 | |
Full time employees 256 | |||
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 1,099,090 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.
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