CRK's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.47 -- higher than only 6.11% of US-listed equities with positive expected earnings growth.
Of note is the ratio of Comstock Resources Inc's sales and general administrative expense to its total operating expenses; just 4.3% of US stocks have a lower such ratio.
Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for CRK comes in at -65.53% -- higher than that of only 5.46% of stocks in our set.
If you're looking for stocks that are quantitatively similar to Comstock Resources Inc, a group of peers worth examining would be NAT, NVGS, DHC, CMRE, and GLOG.
CRK's SEC filings can be seen here. And to visit Comstock Resources Inc's official web site, go to www.crkfrisco.com.
Comstock Resources, Inc. 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 was founded in 1919 and is based in Frisco, Texas.
CRK Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Comstock Resources Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Comstock Resources Inc ranked in the 92th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 2820.5% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for CRK, they are:
In the past 3.01 years, Comstock Resources Inc has a compound free cash flow growth rate of 1.89%; that's better than 89.03% of cash flow producing equities in the Energy sector, where it is classified.
31% of the company's capital comes from equity, which is greater than only 10.45% of stocks in our cash flow based forecasting set.
Comstock Resources Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CRK, try WMB, SND, BASX, PVAC, and CPG.
Comstock Resources (CRK) prices public offering of $300M million of 9.75% senior notes due 2026.The size of the offering was increased from the previously announced $200M to $300M.Company intends to use the net proceeds from the offering to repay a portion of the indebtedness outstanding under the Company’s bank credit facility. Offering...
EnerCom, Inc. is pleased to announce that the one-on-one meeting request process for The Oil & Gas Conference® is now open. Qualified members of the investment community are invited to request meetings with management teams from the conference's lineup. Meetings will take virtually August 17th to the 19th as companies present in The Oil & Gas Conference®.
Comstock Resources (NYSE: CRK ) shares are trading higher on Tuesday after Citigroup initiated coverage on the stock with a Buy rating and a price target of $8 per share. Comstock Resources is an independent energy company operating primarily in the Haynesville shale, a natural gas basin located in East Texas and North Louisiana with superior economics and geographical … Full story available on Benzinga.com