See more : DEME Group NV (DEME.BR) 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
- Anebulo Pharmaceuticals, Inc. (ANEB) Income Statement Analysis – Financial Results
- A & S Group (Holdings) Limited (1737.HK) Income Statement Analysis – Financial Results
- Magnis Energy Technologies Limited (MNS.AX) Income Statement Analysis – Financial Results
- Seritage Growth Properties (SRG-PA) Income Statement Analysis – Financial Results
- Good Works Acquisition Corp. (GWAC) 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 |
Natural Gas Prices Tick Down 16% as Demand Worries Linger
With natural gas prices depreciating significantly in 2023, we advise focusing on fundamentally sound companies like CHK and LNG.
Last Week Was a Good One for Natural Gas Market: This Is Why
With natural gas prices depreciating significantly in 2023, we advise focusing on fundamentally sound companies like SBOW and LNG.
Comstock Has Laid The Groundwork For Strong Performance
Comstock's TSR over the last five years has trailed that of the S&P 500. However, with dividends restored, thanks to strong FCF growth, the company has the tools to close the gap.
Comstock Resources: Low Gas Prices A Drag, Nothing Remarkable In The Near Term
Comstock Resources, Inc. is an independent E&P that operates in the Haynesville Shale. The price of natural gas has fallen substantially this year due to a supply glut, and it does not appear that this is likely to change in...
Here's What Happened to the Natural Gas Market Last Week
With natural gas prices having depreciated significantly in 2023, we advise focusing on fundamentally sound companies like SBOW and LNG.
Natural Gas Prices Extend Losses for Yet Another Week
With natural gas prices having depreciated significantly in 2023, we advise focusing on fundamentally sound companies like SBOW and LNG.
COMSTOCK RESOURCES, INC. ANNOUNCES FIRST QUARTER 2023 EARNINGS DATE AND CONFERENCE CALL INFORMATION
FRISCO, TX, April 03, 2023 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release first quarter 2023 results on May 2, 2023 after the market closes and host its quarterly conference call at 10:00 a.m. CT on May 3,...
Natural Gas Slipped Below $2 Mark Last Week: Here's Why
With natural gas prices having depreciated significantly in 2023, we advise focusing on fundamentally sound companies like SBOW and LNG.
Bear of the Day: Comstock Resources (CRK)
Has natural gas bottomed?
Comstock Resources: 3.8% Dividend Yield And 7-10% Growth
3.8% dividend yield, with lowest-in-the-industry cost structure which helps generate >80% EBITDAX margins. 1,445 MMcfe/d of production with a 3-year-CAGR of 21%.
Source: https://incomestatements.info
Category: Stock Reports