Comstock Resources CRK
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Comstock Resources (CRK) Business Model and Operations Summary
Comstock Resources Inc is an independent natural gas producer operating in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas with superior economics given its geographical proximity to the Gulf Coast natural gas markets. The Company operates in one business segment, the exploration and production of North American natural gas and oil. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. Its oil and gas operations are concentrated in Louisiana and Texas.
Key Insights
Comstock Resources (CRK) Core Market Data and Business Metrics
Latest Closing Price
$20.35Market Cap
$5.93 BillionPrice-Earnings Ratio
-26.78Total Outstanding Shares
292.92 Million SharesTotal Employees
256Dividend
$0.13 Per Share QuarterlyIPO Date
March 22, 1995SIC Description
Crude Petroleum & Natural GasPrimary Exchange
New York Stock ExchangeHeadquarters
5300 Town And Country Blvd, Frisco, TX, 75034
Historical Stock Splits
If you bought 5 shares of CRK before August 1, 2016, you'd have 1 share today.
| Execution Date | Split Amount |
|---|---|
| August 1, 2016 | 1-for-5 (Reverse Split) |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow | $-9.87 Million |
| Net Cash Flow From Operating Activities, Continuing | $620.34 Million |
| Net Cash Flow From Financing Activities | $454.07 Million |
| Net Cash Flow From Investing Activities | $-1.08 Billion |
| Net Cash Flow, Continuing | $-9.87 Million |
| Net Cash Flow From Operating Activities | $620.34 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Income Tax Expense/Benefit | $-149.07 Million |
| Income/Loss From Continuing Operations Before Tax | $-367.83 Million |
| Net Income/Loss Attributable To Noncontrolling Interest | $10.90 Million |
| Income/Loss From Continuing Operations After Tax | $-218.75 Million |
| Net Income/Loss Attributable To Parent | $-229.65 Million |
| Net Income/Loss | $-218.75 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss | $-218.75 Million |
| Comprehensive Income/Loss Attributable To Parent | $-218.75 Million |
| Other Comprehensive Income/Loss | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Current Assets | $284.03 Million |
| Prepaid Expenses | $2.36 Million |
| Equity | $2.33 Billion |
| Fixed Assets | $5.69 Billion |
| Other Current Assets | $281.67 Million |
| Other Non-current Assets | $409.67 Million |
Historical Dividends
Current dividend: $0.13 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Oct 30, 2023 | Dec 15, 2023 | Dec 1, 2023 | $0.125 | Quarterly |
| Jul 31, 2023 | Sep 15, 2023 | Sep 1, 2023 | $0.125 | Quarterly |
| May 1, 2023 | Jun 15, 2023 | Jun 1, 2023 | $0.125 | Quarterly |
| Feb 13, 2023 | Mar 15, 2023 | Mar 1, 2023 | $0.125 | Quarterly |
| Nov 1, 2022 | Dec 15, 2022 | Dec 1, 2022 | $0.125 | Quarterly |
| Nov 18, 2014 | Dec 15, 2014 | Dec 5, 2014 | $0.125 | Quarterly |