Comstock Resources, Inc. (CRK) Income Statement Analysis

See more : Quotient Limited (QTNT) 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.

You may be interested

Katapult Holdings, Inc. (KPLT) Income Statement Analysis – Financial Results
Zhejiang Huahai Pharmaceutical Co., Ltd. (600521.SS) Income Statement Analysis – Financial Results
Thyrocare Technologies Limited (THYROCARE.NS) Income Statement Analysis – Financial Results
PT. Pool Advista Indonesia Tbk (POOL.JK) Income Statement Analysis – Financial Results
CN Energy Group. Inc. (CNEY) Income Statement Analysis – Financial Results

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

Earnings Preview: Comstock Resources (CRK) Q1 Earnings Expected to Decline

April 24, 2024zacks.com

Comstock (CRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

COMSTOCK RESOURCES, INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS DATE AND CONFERENCE CALL INFORMATION

April 5, 2024globenewswire.com

FRISCO, TX, April 05, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release first quarter 2024 results on May 1, 2024 after the market closes and host its quarterly conference call at 10:00 a.m. CT on May 2,...

COMSTOCK RESOURCES, INC. ANNOUNCES UPSIZE AND PRICING OF $400.0 MILLION OFFERING OF SENIOR NOTES DUE 2029

April 2, 2024globenewswire.com

FRISCO, TX, April 02, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) ("Comstock" or the "Company") announced today the pricing of its private placement of new 6.75% senior unsecured notes due 2029 in the aggregate amount of $400.0 million, which...

COMSTOCK RESOURCES, INC. ANNOUNCES PRIVATE OFFERING OF 6.75% SENIOR NOTES DUE IN 2029

April 2, 2024globenewswire.com

FRISCO, TX, April 02, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that, subject to market conditions, it intends to offer $375.0 million principal amount of its 6.75% senior notes due in 2029...

Huge Insider Buying From Buffett, an NFL Team Owner, a New CEO

March 31, 2024247wallst.com

Yet again, the Oracle of Omaha has bolstered his stake in a media giant's tracking stocks.

Why Comstock Resources Stock Scored a Touchdown This Week

March 29, 2024fool.com

Its majority owner, Jerry Jones, has injected more than $100 million into the company. This strengthens his already considerable Comstock equity holding.

COMSTOCK RESOURCES, INC. ANNOUNCES $100.5 MILLION INVESTMENT BY MAJORITY SHAREHOLDER

March 20, 2024globenewswire.com

FRISCO, TX, March 20, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) announces that its majority shareholder, Jerry Jones, has agreed to make an additional $100,450,000 equity investment in the Company through two entities he...

Comstock Resources: Ace In The Hole

March 15, 2024seekingalpha.com

Comstock Resources operates in a "swing basin" with low location costs, giving them a competitive advantage over latecomers to the Haynesville Basin. The rig count in the Haynesville dry gas production is declining. The rig count will continue to decline...