Comstock Resources, Inc. and its subsidiaries engage in the acquisition, exploration for, development, and production of oil and natural gas properties, primarily in Texas, Louisiana, and North Dakota.
The last earnings update was 46 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Comstock Resources. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Comstock Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
Comstock Resources's earnings are expected to grow significantly at over 20% yearly.
Comstock Resources's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Comstock Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Comstock Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Comstock Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Comstock Resources's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Comstock Resources's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.1x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Miles Jay Allison Co-founded Midwood Petroleum Inc. in 1983. Mr. Allison has been the Chief Executive Officer of Comstock Resources Inc. since 1988 and served as its President from 1988 to May 8, 2013. From 1987 to 1988, Mr. Allison served as Vice President and Secretary of Comstock Resources Inc. From 1981 to 1987, he served as a Practicing oil and gas Attorney of Lynch, Chappell & Alsup in Midland, Texas. Midwood Petroleum Inc., was active in the acquisition and development of oil and gas properties from 1983 to 1987. He has been the Chairman of the Board of Comstock Resources Inc. since 1997. He serves as Chairman of Comstock Oil & Gas, LP. He served as Chairman of Bois d'Arc Energy Inc., (Previously, Bois D'arc Energy LLC) since July 2004. He has been a Director of Comstock Resources Inc. since June 1987. He served as a Director of Tidewater Inc. since September 21, 2006 until July 31, 2017. Mr. Allison served as Director of Bois d'Arc Energy Inc., since July 2004. He serves on the Board of Regents for Baylor University and on the Advisory Board of the Salvation Army in Dallas, Texas. Mr. Allison received B.B.A., M.S. and J.D. degrees from Baylor University in 1978, 1980 and 1981, respectively.
Insufficient data for Miles to compare compensation growth.
Insufficient data for Miles to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Comstock Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Chairman & CEO
Vice President of Operations
VP of Accounting
Vice President of Marketing
Vice President of Corporate Development
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Comstock Resources board of directors is about average.
Board of Directors
Chairman & CEO
Who owns this company?
Recent Insider Trading
No 3 month individual insider trading information.
Comstock Resources, Inc. and its subsidiaries engage in the acquisition, exploration for, development, and production of oil and natural gas properties, primarily in Texas, Louisiana, and North Dakota. The company is headquartered in Frisco, Texas.
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