See more : Kerry TJ Logistics Company Limited (2608.TW) Income Statement Analysis – Financial Results
Complete financial analysis of Comstock Resources, Inc. (CRK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Comstock Resources, Inc., a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
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Comstock Resources, Inc. (CRK)
Industry: Oil & Gas Exploration & Production
Sector: Energy
Website: https://www.comstockresources.com
About Comstock Resources, Inc.
Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves. It also owns interests in 2,557 producing oil and natural gas wells. The company was incorporated in 1919 and is headquartered in Frisco, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.57B | 3.63B | 1.85B | 858.20M | 768.69M | 255.33M | 255.33M | 175.71M | 252.42M | 555.23M | 420.29M | 456.19M | 434.37M | 349.14M | 291.08M | 590.31M | 687.07M | 511.93M | 303.34M | 261.65M | 235.10M | 150.17M | 168.40M | 169.38M | 90.10M | 93.00M | 88.60M | 68.90M | 75.40M | 32.30M | 22.00M | 6.50M | 3.10M | 3.90M | 7.60M | 4.90M | 400.00K | 400.00K |
| Cost of Revenue | 1.30B | 1.30B | 752.94M | 663.11M | 464.29M | 82.91M | 184.33M | 209.94M | 410.41M | 475.25M | 421.75M | 467.24M | 78.71M | 80.68M | 69.18M | 86.73M | 166.71M | 127.44M | 70.69M | 67.68M | 50.16M | 38.98M | 36.63M | 32.90M | 25.50M | 33.00M | 20.70M | 14.00M | 56.20M | 21.00M | 8.40M | 2.80M | 1.70M | 1.50M | 1.40M | 1.00M | 100.00K | 0.00 |
| Gross Profit | 266.24M | 2.33B | 1.10B | 195.08M | 304.40M | 172.42M | 71.00M | -34.23M | -157.99M | 79.98M | -1.46M | -11.05M | 355.65M | 268.47M | 221.90M | 503.58M | 520.36M | 384.49M | 232.65M | 193.97M | 184.95M | 111.20M | 131.77M | 136.48M | 64.60M | 60.00M | 67.90M | 54.90M | 19.20M | 11.30M | 13.60M | 3.70M | 1.40M | 2.40M | 6.20M | 3.90M | 300.00K | 400.00K |
| Gross Profit Ratio | 17.01% | 64.19% | 59.32% | 22.73% | 39.60% | 67.53% | 27.81% | -19.48% | -62.59% | 14.40% | -0.35% | -2.42% | 81.88% | 76.89% | 76.23% | 85.31% | 75.74% | 75.11% | 76.70% | 74.13% | 78.67% | 74.04% | 78.25% | 80.58% | 71.70% | 64.52% | 76.64% | 79.68% | 25.46% | 34.98% | 61.82% | 56.92% | 45.16% | 61.54% | 81.58% | 79.59% | 75.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 37.99M | 39.41M | 34.94M | 32.04M | 29.24M | 26.14M | 26.14M | 23.96M | 23.54M | 32.38M | 34.77M | 33.80M | 35.17M | 37.20M | 39.17M | 32.27M | 24.02M | 7.01M | 9.33M | 14.57M | 7.01M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 18.67M | 24.76M | 7.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 37.99M | 39.41M | 34.94M | 32.04M | 29.24M | 26.14M | 26.14M | 23.96M | 23.54M | 32.38M | 34.77M | 33.80M | 35.17M | 37.20M | 39.17M | 32.27M | 42.68M | 31.77M | 16.53M | 14.57M | 7.01M | 5.11M | 5.75M | 3.54M | 2.40M | 1.60M | 2.70M | 2.20M | 2.00M | 1.80M | 1.80M | 1.50M | 2.10M | 1.40M | 1.50M | 1.20M | 500.00K | 400.00K |
| Other Expenses | 0.00 | 8.29M | 636.00K | 27.00K | 241.00K | 146.47M | 530.00K | 872.00K | 1.28M | 727.00K | 1.06M | 944.00K | 300.92M | 243.05M | 214.15M | 187.21M | 243.62M | 153.92M | 95.54M | 63.88M | 61.17M | 54.41M | 49.19M | 44.96M | 45.20M | 51.00M | 26.20M | 18.60M | 9.00M | 7.00M | 7.10M | 2.40M | 1.80M | 1.00M | 1.70M | 1.00M | 0.00 | 0.00 |
| Operating Expenses | 37.99M | 47.69M | 34.94M | 32.07M | 29.49M | 172.61M | 26.14M | 108.11M | 94.24M | 51.78M | 68.19M | 95.25M | 336.10M | 280.25M | 253.32M | 219.48M | 286.30M | 185.69M | 112.07M | 78.45M | 68.18M | 59.52M | 54.94M | 48.50M | 47.60M | 52.60M | 28.90M | 20.80M | 11.00M | 8.80M | 8.90M | 3.90M | 3.90M | 2.40M | 3.20M | 2.20M | 500.00K | 400.00K |
| Cost & Expenses | 1.34B | 1.35B | 787.88M | 695.18M | 493.78M | 255.51M | 210.46M | 318.05M | 504.64M | 527.03M | 489.94M | 562.49M | 414.81M | 360.92M | 322.50M | 306.21M | 453.01M | 313.13M | 182.76M | 146.13M | 118.33M | 98.50M | 91.57M | 81.39M | 73.10M | 85.60M | 49.60M | 34.80M | 67.20M | 29.80M | 17.30M | 6.70M | 5.60M | 3.90M | 4.60M | 3.20M | 600.00K | 400.00K |
| Interest Income | 0.00 | 171.09M | 216.25M | 237.29M | 161.54M | 144.81M | 0.00 | 0.00 | 0.00 | 0.00 | 1.06M | 0.00 | 790.00K | 263.00K | 245.00K | 1.54M | 1.39M | 1.01M | 1.60M | 1.21M | 73.00K | 62.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 169.02M | 171.09M | 218.49M | 234.83M | 161.54M | 0.00 | 146.45M | 128.74M | 118.59M | 58.63M | 73.24M | 64.58M | 42.69M | 29.46M | 16.09M | 25.34M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 607.91M | 489.45M | 469.39M | 417.11M | 276.53M | 121.98M | 123.56M | 141.49M | 321.32M | 378.28M | 337.13M | 365.29M | 290.78M | 213.81M | 213.24M | 182.18M | 244.78M | 155.57M | 63.34M | 63.88M | 61.17M | 54.41M | 49.19M | 44.96M | 45.20M | 51.00M | 26.20M | 18.60M | 9.00M | 7.00M | 7.10M | 2.40M | 1.80M | 1.00M | 1.70M | 1.00M | 0.00 | 0.00 |
| EBITDA | 1.02B | 2.06B | 457.55M | 590.31M | 562.76M | 258.16M | 140.66M | 142.27M | -689.93M | 366.91M | 247.50M | 282.45M | 285.37M | 218.83M | 182.08M | 304.34M | 478.84M | 354.37M | 179.90M | 158.27M | 177.94M | 99.24M | 126.02M | 132.95M | 62.30M | 58.40M | 65.20M | 52.70M | 17.20M | 9.50M | 11.80M | 2.20M | -700.00K | 100.00K | 4.70M | 2.70M | -200.00K | -200.00K |
| EBITDA Ratio | 65.42% | 76.39% | 82.83% | 67.72% | 71.82% | -45.57% | 66.17% | 0.01% | 27.88% | 73.34% | 63.90% | 56.98% | 71.63% | 57.94% | 62.55% | 74.75% | 69.83% | 71.06% | 47.16% | 85.70% | 79.21% | 68.39% | 74.83% | 78.30% | 66.81% | 99.03% | 72.69% | 71.26% | 99.87% | 28.17% | 51.82% | 30.77% | -58.06% | 2.56% | 55.26% | 55.10% | -50.00% | -50.00% |
| Operating Income | 226.47M | 2.28B | 900.77M | 163.03M | 274.89M | -183.00K | -183.00K | -183.79M | -1.17B | -32.07M | -72.33M | -131.66M | -41.32M | -12.00M | -31.54M | 283.18M | 233.24M | 188.36M | 149.37M | 93.02M | 112.51M | 49.35M | 76.83M | 87.99M | 17.00M | -9.60M | 39.00M | 35.60M | -21.00M | 2.50M | 4.70M | -200.00K | -2.50M | -900.00K | 3.00M | 1.70M | -200.00K | -200.00K |
| Operating Income Ratio | 14.47% | 62.88% | 48.67% | 19.00% | 35.76% | -0.07% | -0.07% | -104.60% | -461.79% | -5.78% | -17.21% | -28.86% | -9.51% | -3.44% | -10.83% | 47.97% | 33.95% | 36.79% | 49.24% | 35.55% | 47.86% | 32.86% | 45.62% | 51.95% | 18.87% | -10.32% | 44.02% | 51.67% | -27.85% | 7.74% | 21.36% | -3.08% | -80.65% | -23.08% | 39.47% | 34.69% | -50.00% | -50.00% |
| Total Other Income/Expenses | 20.52M | -879.54M | -1.13B | -224.66M | -150.19M | -170.76M | -129.17M | 55.83M | -154.45M | -49.73M | -56.16M | -15.75M | -6.78M | -12.43M | -15.71M | -186.35M | -39.25M | -14.92M | -53.08M | -40.66M | -29.56M | -30.00M | -20.74M | -24.29M | -21.40M | -16.80M | -5.20M | 3.60M | 21.00M | 400.00K | 400.00K | 200.00K | -700.00K | 0.00 | 500.00K | 0.00 | 200.00K | 0.00 |
| Income Before Tax | 246.99M | 1.40B | -230.32M | -61.63M | 124.69M | -129.35M | -129.35M | -127.97M | -1.20B | -81.80M | -162.88M | -147.41M | -48.10M | -24.43M | -47.24M | 96.83M | 193.98M | 173.44M | 96.29M | 73.21M | 82.95M | 19.35M | 56.09M | 63.70M | -4.30M | -26.40M | 33.80M | 39.20M | -79.10M | 2.90M | 5.10M | 0.00 | -3.20M | 0.00 | 3.50M | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 15.78% | 38.64% | -12.44% | -7.18% | 16.22% | -50.66% | -50.66% | -72.83% | -476.01% | -14.73% | -38.75% | -32.31% | -11.07% | -7.00% | -16.23% | 16.40% | 28.23% | 33.88% | 31.74% | 27.98% | 35.28% | 12.89% | 33.31% | 37.61% | -4.77% | -28.39% | 38.15% | 56.89% | -104.91% | 8.98% | 23.18% | 0.00% | -103.23% | 0.00% | 46.05% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 35.10M | 261.06M | 11.40M | -9.21M | 27.80M | 17.94M | -17.94M | 7.17M | -154.45M | -24.69M | -56.16M | -47.35M | -14.62M | -4.85M | -10.77M | 38.61M | 85.18M | 74.34M | 35.82M | 26.34M | 29.68M | 6.77M | 19.63M | 22.29M | -1.50M | -9.20M | 11.60M | 6.10M | 34.40M | 3.20M | 2.20M | 400.00K | -700.00K | -100.00K | 1.90M | 1.50M | 500.00K | 200.00K |
| Net Income | 211.57M | 1.14B | -241.73M | -52.42M | 96.89M | -111.41M | -111.41M | -135.13M | -1.05B | -57.11M | 41.03M | -100.06M | -33.47M | -19.59M | -36.47M | 251.96M | 68.90M | 70.67M | 60.48M | 46.87M | 53.94M | 11.51M | 36.46M | 41.40M | -2.80M | -17.20M | 22.20M | 28.00M | -26.20M | -700.00K | 2.50M | -600.00K | -3.60M | 100.00K | 1.10M | 200.00K | -500.00K | -200.00K |
| Net Income Ratio | 13.52% | 31.45% | -13.06% | -6.11% | 12.60% | -43.63% | -43.63% | -76.91% | -414.82% | -10.29% | 9.76% | -21.93% | -7.71% | -5.61% | -12.53% | 42.68% | 10.03% | 13.80% | 19.94% | 17.91% | 22.94% | 7.66% | 21.65% | 24.44% | -3.11% | -18.49% | 25.06% | 40.64% | -34.75% | -2.17% | 11.36% | -9.23% | -116.13% | 2.56% | 14.47% | 4.08% | -125.00% | -50.00% |
| EPS | 0.76 | 4.75 | -1.04 | -0.24 | 0.52 | -0.78 | -7.61 | -11.52 | -113.54 | -6.13 | 4.25 | -10.78 | -3.64 | -2.15 | -4.05 | 27.50 | 7.95 | 8.35 | 7.70 | 6.85 | 8.35 | 1.70 | 6.00 | 7.40 | -0.57 | -3.54 | 4.50 | 7.90 | -10.44 | -0.28 | 1.10 | -0.39 | -2.55 | 0.10 | 9.40 | 1.60 | -1.47 | -0.59 |
| EPS Diluted | 0.76 | 4.11 | -1.04 | -0.24 | 0.52 | -0.78 | -7.61 | -11.52 | -113.53 | -6.13 | 4.25 | -10.78 | -3.64 | -2.15 | -4.05 | 27.30 | 7.70 | 8.05 | 7.35 | 6.45 | 7.65 | 1.70 | 5.30 | 6.05 | -0.57 | -3.54 | 4.25 | 6.55 | -10.44 | -0.28 | 1.05 | -0.39 | -2.55 | 0.10 | 9.40 | 1.60 | -1.47 | -0.59 |
| Weighted Avg Shares Out | 276.81M | 236.05M | 231.63M | 215.19M | 142.75M | 142.75M | 14.64M | 11.73M | 9.22M | 9.31M | 9.31M | 9.28M | 9.20M | 9.11M | 9.00M | 8.90M | 8.68M | 8.44M | 7.84M | 6.84M | 6.39M | 5.75M | 5.81M | 5.26M | 4.95M | 4.86M | 4.84M | 3.27M | 2.51M | 2.50M | 2.27M | 1.56M | 1.41M | 1.00M | 526.20K | 246.60K | 339.20K | 339.20K |
| Weighted Avg Shares Out (Dil) | 276.81M | 277.47M | 231.63M | 215.19M | 187.38M | 142.75M | 14.64M | 11.73M | 9.22M | 9.31M | 9.31M | 9.28M | 9.20M | 9.11M | 9.00M | 8.96M | 8.88M | 8.71M | 8.23M | 7.25M | 7.06M | 6.78M | 6.91M | 6.84M | 4.95M | 4.86M | 5.20M | 4.28M | 2.51M | 2.50M | 2.38M | 1.56M | 1.41M | 1.00M | 526.20K | 246.60K | 339.20K | 339.20K |
Are Oils-Energy Stocks Lagging Comstock Resources (CRK) This Year?
Here is how Comstock Resources (CRK) and HF Sinclair (DINO) have performed compared to their sector so far this year.
Comstock Resources: Attractive Valuation And LNG Growth Potential
Comstock Resources is an independent E&P focusing on the production of natural gas in the Haynesville Shale. The high quality of the company's acreage allows it to produce natural gas for an incredibly cheap price and at very high margins.
Reevaluating Comstock Resources After The Decline In Near-Term Gas Prices
The natural gas strip for 2023 has gone from around $6.50 in late August to around $5 now. This reduces Comstock's projected 2023 cash flow by around $700 million to $750 million.
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Natural gas-oriented companies like EQT Corporation (EQT), Comstock Resources (CRK) and Range Resources (RRC) have seen solid gains in 2022.
COMSTOCK RESOURCES, INC. ANNOUNCES DATE CHANGE FOR THIRD QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL
FRISCO, TX, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) announces it has changed the date and time of its previously announced earnings release and conference call for the third quarter of 2022. The Company will now release...
Is the Options Market Predicting a Spike in Comstock (CRK) Stock?
Investors need to pay close attention to Comstock (CRK) stock based on the movements in the options market lately.
3 Reasons Growth Investors Will Love Comstock (CRK)
Comstock (CRK) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Are Investors Undervaluing Comstock Resources (CRK) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
COMSTOCK RESOURCES, INC. ANNOUNCES THIRD QUARTER 2022 EARNINGS DATE AND CONFERENCE CALL INFORMATION
FRISCO, TX, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release third quarter 2022 results on November 8, 2022 after the market closes and host its quarterly conference call at 10:00 a.m. CT on November 9,...
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