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Last $1.26 USD
Change Today -0.08 / -5.97%
Volume 812.6K
CRK On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

comstock resources inc (CRK) Snapshot

Open
$1.34
Previous Close
$1.34
Day High
$1.34
Day Low
$1.25
52 Week High
08/11/14 - $25.68
52 Week Low
07/31/15 - $1.25
Market Cap
60.1M
Average Volume 10 Days
1.7M
EPS TTM
$-1.22
Shares Outstanding
47.7M
EX-Date
02/13/15
P/E TM
--
Dividend
--
Dividend Yield
19.84%
Current Stock Chart for COMSTOCK RESOURCES INC (CRK)

comstock resources inc (CRK) Related Businessweek News

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comstock resources inc (CRK) Details

Comstock Resources, Inc., an independent energy company, acquires, develops, explores, and produces oil and natural gas properties in the United States. Its oil and gas operations are primarily located in East Texas/North Louisiana and South Texas. The company owns interests in 1,596 producing oil and natural gas wells. As of December 31, 2014, it had proved reserves of 620 billion cubic feet of natural gas equivalent. The company was founded in 1919 and is headquartered in Frisco, Texas.

139 Employees
Last Reported Date: 02/25/15
Founded in 1919

comstock resources inc (CRK) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $802.0K
President, Chief Financial Officer, Principal...
Total Annual Compensation: $543.5K
Vice President of Legal and General Counsel
Total Annual Compensation: $346.0K
Vice President of Accounting, Treasurer and C...
Total Annual Compensation: $250.0K
Compensation as of Fiscal Year 2014.

comstock resources inc (CRK) Key Developments

Comstock Resources Inc.(NYSE:CRK) dropped from Russell 2000 Index

Comstock Resources Inc. will be removed from Russell 2000 Index

Comstock Resources Inc.(NYSE:CRK) dropped from Russell 3000 Index

Comstock Resources Inc. will be removed from Russell 3000 Index.

Comstock Resources Inc. Reports Earnings and Production Results for the First Quarter Ended March 31, 2015; Reports Impairment of Oil and Gas Properties for the Quarter Ended March 31, 2015; Provides Capital Expenditure and Production Guidance for the Year 2015

Comstock Resources Inc. reported earnings and production results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenues of $66,522,000 against $141,909,000 a year ago. Operating loss was $96,928,000 against operating income of $20,228,000 a year ago. Loss before income taxes was $120,130,000 against income before income taxes of $1,853,000 a year ago. Net loss was $78,502,000 against net income of $1,165,000 a year ago. Basic and diluted loss per share was $1.71 against basic and diluted earnings per share of $0.02 a year ago. Net cash provided by operating activities was $60,858,000 against $95,741,000 a year ago. Total EBITDAX was $39,772,000 against $110,319,000 a year ago. The company spent $121 million on development and exploration activities not including the $1.7 million the company spent on acreage. Cash flow from operations was $20 million or $0.43 per share. For the quarter, the company reported total production of 14,418 MMcfe against 16,589 MMcfe a year ago. Total oil and gas capital expenditures were $124,903,000 against $187,778,000 a year ago. Production in the first quarter of 2015 was adversely impacted by delays in timing of completions in the company's East Texas Eagle Ford shale wells and the first Haynesville shale well in the 2015 program. In addition, the company experienced greater than expected shut-in time for offset frac activity and artificial lift installation in the quarter. For the quarter, the company reported impairment of oil and gas properties of $403,000. The company estimates that the company will spend $238 million in 2015 for drilling and completion activities. For 2015, the company expected oil production to average between 9,500 to 10,500 barrels per day. The company expected its gas production will average 130 to 155 million cubic feet per day.

 

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