Head-To-Head Analysis: Comstock Resources (CRK) & The Competition

Comstock Resources (NYSE: CRK) is one of 229 public companies in the “Oil & Gas Exploration and Production” industry, but how does it contrast to its peers? We will compare Comstock Resources to similar companies based on the strength of its institutional ownership, valuation, profitability, risk, dividends, analyst recommendations and earnings.

Profitability

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

Net Margins Return on Equity Return on Assets
Comstock Resources -53.79% N/A -9.98%
Comstock Resources Competitors -438.73% 20.05% 5.90%

Insider and Institutional Ownership

53.1% of Comstock Resources shares are owned by institutional investors. Comparatively, 62.1% of shares of all “Oil & Gas Exploration and Production” companies are owned by institutional investors. 11.6% of Comstock Resources shares are owned by insiders. Comparatively, 12.1% of shares of all “Oil & Gas Exploration and Production” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares Comstock Resources and its peers top-line revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Comstock Resources $175.71 million -$135.13 million -0.63
Comstock Resources Competitors $1.86 billion -$439.03 million -35.59

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

Volatility & Risk

Comstock Resources has a beta of -0.59, indicating that its share price is 159% less volatile than the S&P 500. Comparatively, Comstock Resources’ peers have a beta of 1.42, indicating that their average share price is 42% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Comstock Resources and its peers, as provided 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 1468 7660 12351 259 2.52

Comstock Resources currently has a consensus price target of $12.40, indicating a potential upside of 114.53%. As a group, “Oil & Gas Exploration and Production” companies have a potential upside of 38.04%. Given Comstock Resources’ higher probable upside, analysts clearly believe Comstock Resources is more favorable than its peers.

Summary

Comstock Resources peers 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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