Saturday 17 October 2026
Export CRK’s income statement to Excel — free account
Comstock Resources, Inc.
CRK Energy Oil & Gas E&P
Comstock Resources, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.2 billion, up 77.0% from fiscal 2024. In the quarter to June 2026, revenue fell 24.9%, EPS fell 93.3%, free cash flow fell 7,691.9% and total debt rose 2.68%, each against the same quarter a year earlier.
14.01
0.51
+3.78%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 2.64 | 4.01 | 4.21 | 4.17 | 4.05 | 4.37 | 6.88 | 8.29 | 7.07 | 14.65 |
Analyst estimates 2026–2028 Powerpack |
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| High | 11.62 | 13.42 | 12.32 | 10.70 | 8.50 | 11.34 | 22.11 | 13.67 | 19.25 | 31.17 | |||||
| People | |||||||||||||||
| People | Employees | 117 | 113 | 113 | 207 | 204 | 205 | 244 | 251 | 256 | 252 | ||||
| Revenue/emp, $m | 1.50 | 2.26 | 3.45 | 3.71 | 4.21 | 9.03 | 14.87 | 6.24 | 4.90 | 8.81 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 176 | 255 | 390 | 769 | 858 | 1,851 | 3,628 | 1,565 | 1,254 | 2,220 | ||||
| Gross margin, % | 52.11 | 100.00 | 100.00 | 99.97 | 100.00 | 100.00 | 99.77 | 99.89 | 100.00 | 99.55 | |||||
| EBT | (128) | (129) | (9) | 125 | (62) | (230) | 1,402 | 247 | (368) | 509 | |||||
| EBT margin, % | (72.83) | (50.66) | (2.21) | 16.22 | (7.18) | (12.44) | 38.64 | 15.78 | (29.32) | 22.91 | |||||
| Net income | (135) | (111) | (29) | 97 | (52) | (242) | 1,141 | 212 | (219) | 420 | |||||
| Depreciation | 159 | 159 | 154 | 293 | 451 | 491 | 500 | 616 | 807 | 653 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 14.98 | 17.44 | 3.23 | 5.38 | 3.99 | 7.99 | 15.37 | 5.65 | 4.37 | 7.64 | ||||
| Earnings | (11.52) | (7.61) | (0.24) | 0.52 | (0.39) | (1.12) | 4.75 | 0.76 | (0.76) | 1.43 | |||||
| Cash flow | (2.02) | 11.92 | 1.56 | 3.16 | 2.68 | 3.72 | 7.20 | 3.67 | 2.16 | 3.09 | |||||
| Capex | (2.52) | (12.22) | (1.68) | (3.41) | (2.37) | (2.39) | (4.51) | (5.00) | (3.82) | (3.17) | |||||
| Free cash flow | (4.54) | (0.30) | (0.12) | (0.25) | 0.31 | 1.33 | 2.69 | (1.33) | (1.66) | (0.07) | |||||
| Book value | (23.13) | (25.22) | 4.72 | 8.01 | 5.89 | 4.37 | 9.65 | 8.61 | 8.13 | 10.19 | |||||
| Shares, m | 12 | 15 | 121 | 143 | 215 | 232 | 236 | 277 | 287 | 291 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 15.24 | 0.00 | 0.00 | 2.68 | 11.76 | 0.00 | 16.21 | ||||
| P/S | 0.64 | 0.52 | 1.40 | 1.53 | 1.10 | 1.01 | 0.81 | 1.58 | 4.17 | 3.04 | |||||
| P/B | 0.00 | 0.00 | 0.96 | 1.03 | 0.74 | 1.85 | 1.30 | 1.04 | 2.24 | 2.27 | |||||
| EV/Sales | 6.21 | 4.63 | 4.57 | 4.78 | 4.01 | 2.42 | 1.40 | 3.27 | 6.53 | 4.30 | |||||
| EV/FCF | (20.47) | (272.23) | (123.26) | (104.69) | 51.92 | 14.51 | 7.98 | (13.93) | (17.21) | (458.56) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (24) | 175 | 188 | 451 | 576 | 861 | 1,698 | 1,017 | 620 | 900 | ||||
| Capex | (30) | (179) | (203) | (486) | (509) | (553) | (1,064) | (1,384) | (1,096) | (920) | |||||
| Free cash flow | (53) | (4) | (14) | (35) | 66 | 308 | 635 | (367) | (476) | (21) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | (2) | 134 | (47) | (103) | (242) | (315) | (111) | (220) | (329) | (369) | ||||
| Total debt | 1,045 | 1,111 | 1,244 | 2,500 | 2,517 | 2,615 | 2,153 | 2,640 | 2,952 | 2,809 | |||||
| Net debt | 979 | 1,049 | 1,221 | 2,482 | 2,487 | 2,585 | 2,098 | 2,624 | 2,945 | 2,785 | |||||
| Shareholders’ equity | (271) | (369) | 570 | 1,143 | 1,267 | 1,013 | 2,278 | 2,383 | 2,334 | 2,963 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (12.96) | (12.24) | (1.84) | 2.17 | (1.80) | (5.58) | 21.71 | 3.53 | (3.63) | 5.91 | ||||
| ROIC | (16.24) | (0.02) | 4.43 | 4.74 | 2.71 | 15.65 | 32.58 | 2.83 | (2.00) | 7.02 | |||||
| ROE | 61.07 | 34.78 | (28.59) | 8.66 | (6.92) | (22.74) | 68.36 | 9.06 | (9.74) | 14.94 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Comstock Resources, Inc. vs peers in Oil & Gas E&P (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| MUR Murphy Oil Corporation | $5.7B | 20.4× | 10.3× | +33.46% (above 0%: growing) | +912.50% (above 0%: growing) | +265.13% (above 0%: growing) | 100.00% | 38.21% | Compare |
| CRGY Crescent Energy Company | $5.1B | 98.4× | 13.9× | +55.34% (above 0%: growing) | +144.26% (above 0%: growing) | +26.96% (above 0%: growing) | 100.00% | 41.65% | Compare |
| CNX CNX Resources Corporation. | $5.1B | 5.3× | 8.6× | −35.74% (below 0%: shrinking) | −54.64% (below 0%: shrinking) | −27.32% (below 0%: shrinking) | 81.33% | 44.91% | Compare |
| CRC California Resources Corporation | $4.7B | — (loss-making) | — (loss-making) | +32.62% (above 0%: growing) | +200.00% (above 0%: growing) | +4.59% (above 0%: growing) | 71.32% | 39.40% | Compare |
| CRK Comstock Resources, Inc. | $4.0B | 7.8× | 16.7× | −24.88% (below 0%: shrinking) | −93.33% (below 0%: shrinking) | −7,691.86% (below 0%: shrinking) | 98.75% | 6.39% | |
| BSM Black Stone Minerals, L.P. | $3.1B | 12.4× | 19.6× | −6.60% (below 0%: shrinking) | −11.32% (below 0%: shrinking) | +10.11% (above 0%: growing) | 100.00% | 73.89% | Compare |
| GPOR Gulfport Energy Corporation | $2.9B | 6.6× | 6.4× | −27.79% (below 0%: shrinking) | −47.12% (below 0%: shrinking) | −128.89% (below 0%: shrinking) | 93.86% | 39.31% | Compare |
| TALO Talos Energy Inc. | $2.8B | — (loss-making) | — (loss-making) | +56.53% (above 0%: growing) | n/m | −1.84% (below 0%: shrinking) | 100.00% | 29.82% | Compare |
| NOG Northern Oil and Gas, Inc. | $2.7B | — (loss-making) | — (loss-making) | +5.44% (above 0%: growing) | +119.61% (above 0%: growing) | −266.95% (below 0%: shrinking) | 76.81% | 47.31% | Compare |
| Median of peers | $3.9B | 12.4× | 10.3× | +19.03% | +119.61% | +1.38% | 96.93% | 40.53% |
Comstock Resources, Inc. (CRK) key facts
- Strength: Comstock Resources, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.2 billion, up 77.0% from fiscal 2024.
- Comstock Resources, Inc. (CRK) is an Oil & Gas E&P company in the Energy sector, listed on the New York Stock Exchange.
- As of October 16, 2026, CRK traded at $14.01, a market capitalization of $4.0 billion.
- Return on equity was 14.9% and debt-to-equity 0.98.
- Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 1.78 (distress zone) for fiscal 2025.