Comstock Resources Net Worth
Comstock Resources Net Worth Breakdown | CRK |
Comstock Resources Net Worth Analysis
Comstock Resources' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Comstock Resources' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Comstock Resources' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Comstock Resources' net worth analysis. One common approach is to calculate Comstock Resources' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Comstock Resources' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Comstock Resources' net worth. This approach calculates the present value of Comstock Resources' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Comstock Resources' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Comstock Resources' net worth. This involves comparing Comstock Resources' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Comstock Resources' net worth relative to its peers.
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To determine if Comstock Resources is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Comstock Resources' net worth research are outlined below:
| Comstock Resources appears to be risky and price may revert if volatility continues | |
| Comstock Resources has 2.71 B in debt with debt to equity (D/E) ratio of 1.81, which is OK given its current industry classification. Comstock Resources has a current ratio of 0.54, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Comstock to invest in growth at high rates of return. | |
| About 74.0% of Comstock Resources shares are held by company insiders | |
| Latest headline from news.google.com: Comstock Resources price target raised to 6 from 5 at Piper Sandler - TipRanks |
Comstock Resources uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Comstock Resources. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Comstock Resources' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Comstock Resources' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Comstock Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Comstock Resources backward and forwards among themselves. Comstock Resources' institutional investor refers to the entity that pools money to purchase Comstock Resources' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amundi | 2024-09-30 | 1.2 M | Wellington Management Company Llp | 2024-09-30 | 1.1 M | Northern Trust Corp | 2024-09-30 | 998.5 K | Bank Of New York Mellon Corp | 2024-09-30 | 902.3 K | Stifel Financial Corp | 2024-09-30 | 777.8 K | Amvescap Plc. | 2024-09-30 | 732.2 K | Goehring & Rozencwajg Associates Llc | 2024-09-30 | 727.4 K | Goldman Sachs Group Inc | 2024-09-30 | 720.3 K | Royce & Associates, Lp | 2024-09-30 | 689.8 K | Blackrock Inc | 2024-09-30 | 14.5 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 13.1 M |
Follow Comstock Resources' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 5.68 B.Market Cap |
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Project Comstock Resources' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.08 | 0.15 |
When accessing Comstock Resources' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Comstock Resources' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Comstock Resources' profitability and make more informed investment decisions.
Evaluate Comstock Resources' management efficiency
Comstock Resources has Return on Asset of (0.0118) % which means that on every $100 spent on assets, it lost $0.0118. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0237) %, meaning that it generated no profit with money invested by stockholders. Comstock Resources' management efficiency ratios could be used to measure how well Comstock Resources manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.04 this year. Return On Capital Employed is expected to rise to 0.05 this year. Total Current Liabilities is expected to rise to about 822.9 M this year. Liabilities And Stockholders Equity is expected to rise to about 7.6 B this year| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.75 | 7.36 | |
| Tangible Book Value Per Share | 6.66 | 6.32 | |
| Enterprise Value Over EBITDA | 4.52 | 5.00 | |
| Price Book Value Ratio | 1.19 | 1.22 | |
| Enterprise Value Multiple | 4.52 | 5.00 | |
| Price Fair Value | 1.19 | 1.22 | |
| Enterprise Value | 1.1 B | 1.1 B |
The strategic initiatives led by Comstock Resources' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Enterprise Value Revenue 6.6366 | Revenue | Quarterly Revenue Growth (0.19) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Comstock Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on Comstock Resources' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Comstock Resources insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Comstock Resources Corporate Filings
F4 | 3rd of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 12th of August 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Comstock Resources Earnings per Share Projection vs Actual
When determining whether Comstock Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Comstock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Comstock Resources Stock. Highlighted below are key reports to facilitate an investment decision about Comstock Resources Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Resources. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.79) | Earnings Share (0.18) | Revenue Per Share | Quarterly Revenue Growth (0.19) | Return On Assets |
The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.