Head to Head Review: Comstock Resources (CRK) vs. Its Rivals

Comstock Resources (NYSE: CRK) is one of 246 public companies in the “Oil & Gas Exploration and Production” industry, but how does it compare to its competitors? We will compare Comstock Resources to similar companies based on the strength of its institutional ownership, earnings, dividends, risk, valuation, profitability and analyst recommendations.

Analyst Recommendations

This is a summary of recent ratings for Comstock Resources and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Comstock Resources 1 3 3 0 2.29
Comstock Resources Competitors 1449 7502 12168 258 2.53

Comstock Resources presently has a consensus price target of $12.40, suggesting a potential upside of 162.71%. As a group, “Oil & Gas Exploration and Production” companies have a potential upside of 33.54%. Given Comstock Resources’ higher possible upside, equities analysts plainly believe Comstock Resources is more favorable than its competitors.

Profitability

This table compares Comstock Resources and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Comstock Resources -59.68% N/A -12.70%
Comstock Resources Competitors -433.59% -1.66% 1.84%

Insider and Institutional Ownership

53.4% of Comstock Resources shares are held by institutional investors. Comparatively, 61.0% of shares of all “Oil & Gas Exploration and Production” companies are held by institutional investors. 11.6% of Comstock Resources shares are held by company insiders. Comparatively, 12.1% of shares of all “Oil & Gas Exploration and Production” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Risk and Volatility

Comstock Resources has a beta of -0.58, meaning that its stock price is 158% less volatile than the S&P 500. Comparatively, Comstock Resources’ competitors have a beta of 1.43, meaning that their average stock price is 43% more volatile than the S&P 500.

Earnings & Valuation

This table compares Comstock Resources and its competitors gross revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Comstock Resources $209.44 million $166.92 million -0.48
Comstock Resources Competitors $1.40 billion $601.51 million -1.01

Comstock Resources’ competitors have higher revenue and earnings than Comstock Resources. Comstock Resources is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Comstock Resources competitors beat Comstock Resources on 9 of the 12 factors compared.

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. Its operations are focused in two operating areas: East Texas/North Louisiana and South Texas. The Company’s properties in the East Texas/North Louisiana region include approximately 80,660 acres in the Haynesville or Bossier shale formations. The Company’s Eagleville field includes approximately 30,220 acres located in the oil window of the Eagle Ford shale in South Texas. The Company owns interests in over 1,575 producing oil and natural gas wells, and operates over 950 of these wells. The Company owns interests in over 20 wells in the Rosita field, located in Duval County, Texas.

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