Comstock Resources Management
Management criteria checks 3/4
Comstock Resources' CEO is Miles Allison, appointed in Jan 1988, has a tenure of 36.92 years. total yearly compensation is $9.92M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.8% of the company’s shares, worth $36.93M. The average tenure of the management team and the board of directors is 20.6 years and 10.9 years respectively.
Key information
Miles Allison
Chief executive officer
US$9.9m
Total compensation
| CEO salary percentage | 8.9% |
| CEO tenure | 36.9yrs |
| CEO ownership | 0.8% |
| Management average tenure | 20.6yrs |
| Board average tenure | 10.9yrs |
Recent management updates
Recent updates
Is Comstock Resources (NYSE:CRK) A Risky Investment?
Dec 18
CRK: High-Cost Gas Producer With Excess Debt
Nov 21There's Reason For Concern Over Comstock Resources, Inc.'s (NYSE:CRK) Massive 32% Price Jump
Nov 21Comstock Resources Continues To Burn Cash
Nov 01Comstock May Be Taken Private In A Gas Bear Market
Oct 21A Piece Of The Puzzle Missing From Comstock Resources, Inc.'s (NYSE:CRK) 28% Share Price Climb
Sep 01Earnings Update: Comstock Resources, Inc. (NYSE:CRK) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
Aug 04Comstock Resources: Investing In The Western Haynesville
Jul 17Comstock Resources, Inc. (NYSE:CRK) Not Lagging Industry On Growth Or Pricing
Jun 26Comstock Resources (NYSE:CRK) Seems To Be Using A Lot Of Debt
May 31Comstock Resources: Unexpected Downside Protection
May 06Comstock Resources: Another Jerry Jones 'Draft Pick'
Apr 29Comstock Resources: Increasing Liquidity Through Additional Notes And Equity Investments
Apr 21Comstock Resources: Ace In The Hole
Mar 15Comstock Resources: Dropping Rigs And Suspending Dividend To Reduce Cash Burn
Feb 14There Is A Reason Comstock Resources, Inc.'s (NYSE:CRK) Price Is Undemanding
Feb 11Comstock Resources: Serious Cash Flow, Debt And Dividend Headwinds Loom
Jan 22Comstock Resources: Betting On Jerry Jones
Jan 01Comstock Resources: The Race Is On
Dec 21Is Comstock Resources (NYSE:CRK) A Risky Investment?
Dec 12Comstock Resources: When The Market Gives You Lemons
Nov 19The Dividend Investor's Natural Gas Export Playbook - Part 5
Nov 11Comstock Resources (NYSE:CRK) Has Affirmed Its Dividend Of $0.125
Nov 03A Look At The Fair Value Of Comstock Resources, Inc. (NYSE:CRK)
Oct 25Comstock Resources: Upside Likely Requires $4 Long-Term Natural Gas
Oct 13Comstock Has A Strategic Advantage For Filling LNG Export Capacity
Oct 05These 4 Measures Indicate That Comstock Resources (NYSE:CRK) Is Using Debt Extensively
Aug 18Comstock Resources: Treading Water
Aug 08Here's Why We Think Comstock Resources (NYSE:CRK) Might Deserve Your Attention Today
Aug 05Comstock Resources: Dealing With Significantly Negative Near-Term Free Cash Flow
Aug 01Estimating The Fair Value Of Comstock Resources, Inc. (NYSE:CRK)
Jul 21Comstock Resources Stock: Now Or Never
Jul 20Comstock Resources: A Number Of Catalysts Over The Next Year
Jun 27Comstock Resources (NYSE:CRK) Has A Pretty Healthy Balance Sheet
Apr 27Calculating The Fair Value Of Comstock Resources, Inc. (NYSE:CRK)
Apr 06Comstock Resources: 3.8% Dividend Yield And 7-10% Growth
Feb 17Some Analysts Just Cut Their Comstock Resources, Inc. (NYSE:CRK) Estimates
Feb 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$63m |
| Jun 30 2024 | n/a | n/a | -US$20m |
| Mar 31 2024 | n/a | n/a | US$61m |
| Dec 31 2023 | US$10m | US$880k | US$212m |
| Sep 30 2023 | n/a | n/a | US$619m |
| Jun 30 2023 | n/a | n/a | US$954m |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$12m | US$880k | US$1b |
| Sep 30 2022 | n/a | n/a | US$962m |
| Jun 30 2022 | n/a | n/a | US$319m |
| Mar 31 2022 | n/a | n/a | -US$236m |
| Dec 31 2021 | US$9m | US$840k | -US$259m |
| Sep 30 2021 | n/a | n/a | -US$538m |
| Jun 30 2021 | n/a | n/a | -US$376m |
| Mar 31 2021 | n/a | n/a | -US$252m |
| Dec 31 2020 | US$5m | US$840k | -US$83m |
| Sep 30 2020 | n/a | n/a | -US$120m |
| Jun 30 2020 | n/a | n/a | US$9m |
| Mar 31 2020 | n/a | n/a | US$91m |
| Dec 31 2019 | US$9m | US$825k | US$74m |
| Sep 30 2019 | n/a | n/a | US$84m |
| Jun 30 2019 | n/a | n/a | US$82m |
| Mar 31 2019 | n/a | n/a | US$27m |
| Dec 31 2018 | US$8m | US$825k | -US$29m |
| Sep 30 2018 | n/a | n/a | -US$170m |
| Jun 30 2018 | n/a | n/a | -US$258m |
| Mar 31 2018 | n/a | n/a | -US$191m |
| Dec 31 2017 | US$6m | US$825k | -US$111m |
Compensation vs Market: Miles's total compensation ($USD9.92M) is above average for companies of similar size in the US market ($USD6.65M).
Compensation vs Earnings: Miles's compensation has been consistent with company performance over the past year.
CEO
Miles Allison (68 yo)
36.9yrs
Tenure
US$9,916,144
Compensation
Mr. Miles Jay Allison has been the Chief Executive Officer of Comstock Resources Inc. since 1988 and had been its President from 1988 to May 8, 2013. He has been the Chairman of the Board of Comstock Resou...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 36.9yrs | US$9.92m | 0.80% $ 36.9m | |
| President | 34.9yrs | US$5.77m | 0.45% $ 20.7m | |
| Chief Operating Officer | 7.3yrs | US$2.01m | 0.24% $ 11.3m | |
| VP of Accounting | 33.9yrs | US$929.58k | 0.082% $ 3.8m | |
| VP of Corporate Development & Chief Commercial Officer | 2yrs | US$1.01m | 0.024% $ 1.1m | |
| Vice President of Finance & Investor Relations | 5.3yrs | no data | 0.041% $ 1.9m | |
| Vice President of Operations | no data | no data | 0.071% $ 3.3m |
20.6yrs
Average Tenure
60yo
Average Age
Experienced Management: CRK's management team is seasoned and experienced (20.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 37.9yrs | US$9.92m | 0.80% $ 36.9m | |
| President | 25.9yrs | US$5.77m | 0.45% $ 20.7m | |
| Lead Independent Director | 10.9yrs | US$315.75k | 0.11% $ 5.0m | |
| Independent Director | 7.9yrs | US$271.75k | 0.075% $ 3.5m | |
| Independent Director | 10.6yrs | US$289.50k | 0.053% $ 2.4m |
10.9yrs
Average Tenure
68yo
Average Age
Experienced Board: CRK's board of directors are seasoned and experienced ( 10.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 05:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Comstock Resources, Inc. is covered by 27 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Phillip Jungwirth | BMO Capital Markets Equity Research |
| Randy Ollenberger | BMO Capital Markets Equity Research |
| Kaleinoheaokeala Akamine | BofA Global Research |