Comstock Resources (CRK) to Release Quarterly Earnings on Thursday

Comstock Resources (NYSE:CRK) is set to post its quarterly earnings results before the market opens on Thursday, February 22nd. Analysts expect Comstock Resources to post earnings of ($0.91) per share for the quarter.

Shares of Comstock Resources (CRK) opened at $6.95 on Wednesday. The stock has a market capitalization of $107.22, a PE ratio of -0.78 and a beta of -0.30. The company has a debt-to-equity ratio of -3.32, a quick ratio of 0.58 and a current ratio of 0.58. Comstock Resources has a 1-year low of $4.01 and a 1-year high of $11.14.

In other news, CEO M Jay Allison purchased 41,000 shares of Comstock Resources stock in a transaction dated Monday, December 4th. The stock was acquired at an average cost of $6.17 per share, for a total transaction of $252,970.00. Following the acquisition, the chief executive officer now directly owns 520,130 shares in the company, valued at $3,209,202.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last quarter, insiders have bought 173,500 shares of company stock valued at $1,136,570. 11.60% of the stock is owned by corporate insiders.

An institutional investor recently raised its position in Comstock Resources stock. Northern Trust Corp increased its stake in Comstock Resources Inc (NYSE:CRK) by 3.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 31,745 shares of the oil and gas producer’s stock after purchasing an additional 1,055 shares during the quarter. Northern Trust Corp owned approximately 0.21% of Comstock Resources worth $225,000 at the end of the most recent reporting period. 53.77% of the stock is owned by institutional investors.

Several equities research analysts have recently issued reports on the company. KeyCorp reiterated a “hold” rating on shares of Comstock Resources in a report on Friday, November 24th. Robert W. Baird set a $12.00 price target on Comstock Resources and gave the company a “buy” rating in a report on Friday, November 17th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $11.75.

TRADEMARK VIOLATION WARNING: “Comstock Resources (CRK) to Release Quarterly Earnings on Thursday” was first published by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this article on another domain, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The correct version of this article can be read at

Comstock Resources Company Profile

Comstock Resources, Inc is an energy company engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates in the segment of exploration and production of oil and natural gas. The Company’s oil and gas operations are concentrated in Texas and Louisiana.

Earnings History for Comstock Resources (NYSE:CRK)

Receive News & Ratings for Comstock Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comstock Resources and related companies with's FREE daily email newsletter.

Leave a Reply