Stocks · Energy · Crude Petroleum & Natural Gas

COMSTOCK RESOURCES INC

CRK Clue Score37
United States Fiscal year ends December CIK 0000023194
$13.71 +0.00% Close, 9 Oct 2026
Price $13.71 +33.11% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Operating income−183.8Net income−135.1Fiscal year 2017Revenue255.3Operating income−0.2Net income−111.4Fiscal year 2019Revenue768.7 +201.1%Operating income274.9Net income96.9EPS, diluted0.52Fiscal year 2020Revenue858.2 +11.6%Operating income163.0Net income−52.4 −154.1%EPS, diluted−0.39Fiscal year 2021Revenue1,850.7 +115.7%Operating income900.8Net income−259.2EPS, diluted−1.12Fiscal year 2022Revenue3,628.4 +96.1%Operating income2,281.5Net income1,124.9EPS, diluted4.11Fiscal year 2023Revenue1,565.2 −56.9%Operating income226.6Net income211.1 −81.2%EPS, diluted0.76Fiscal year 2024Revenue1,254.5 −19.9%Operating income−168.6Net income−229.7 −208.8%EPS, diluted−0.76Fiscal year 2025Revenue2,220.3 +77.0%Operating income645.9Net income395.6EPS, diluted1.43
FY2016FY2017FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue n/a 255.3 768.7 858.2 1,850.7 3,628.4 1,565.2 1,254.5 2,220.3
Growth +201.1% +11.6% +115.7% +96.1% −56.9% −19.9% +77.0%
Operating income −183.8 −0.2 274.9 163.0 900.8 2,281.5 226.6 −168.6 645.9
Net income −135.1 −111.4 96.9 −52.4 −259.2 1,124.9 211.1 −229.7 395.6
Growth −154.1% −81.2% −208.8%
EPS, diluted n/a n/a 0.52 −0.39 −1.12 4.11 0.76 −0.76 1.43

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Fiscal year 2017Operating margin−0.1%Net margin−43.6%Free cash flow margin−2.3%Fiscal year 2019Operating margin35.8%Net margin12.6%Free cash flow margin−4.6%Fiscal year 2020Operating margin19.0%Net margin−6.1%Free cash flow margin7.7%Fiscal year 2021Operating margin48.7%Net margin−14.0%Free cash flow margin9.2%Fiscal year 2022Operating margin62.9%Net margin31.0%Free cash flow margin17.4%Fiscal year 2023Operating margin14.5%Net margin13.5%Free cash flow margin−26.1%Fiscal year 2024Operating margin−13.4%Net margin−18.3%Free cash flow margin−38.0%Fiscal year 2025Operating margin29.1%Net margin17.8%Free cash flow margin−20.3%
FY2016FY2017FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin n/a −0.1% 35.8% 19.0% 48.7% 62.9% 14.5% −13.4% 29.1%
Net margin n/a −43.6% 12.6% −6.1% −14.0% 31.0% 13.5% −18.3% 17.8%
Free cash flow margin n/a −2.3% −4.6% 7.7% 9.2% 17.4% −26.1% −38.0% −20.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−23.7Capital expenditure−57.4Free cash flow−81.2Buybacks0.0Fiscal year 2017Operating cash flow174.6Capital expenditure−180.5Free cash flow−5.9Fiscal year 2019Operating cash flow451.2Capital expenditure−486.8Free cash flow−35.5Fiscal year 2020Operating cash flow575.7Capital expenditure−509.7Free cash flow66.0Dividends paid0.0Fiscal year 2021Operating cash flow860.9Capital expenditure−691.0Free cash flow169.9 +157.4%Dividends paid0.0Fiscal year 2022Operating cash flow1,698.4Capital expenditure−1,067.8Free cash flow630.6 +271.1%Dividends paid−34.7Fiscal year 2023Operating cash flow1,016.8Capital expenditure−1,425.1Free cash flow−408.2 −164.7%Dividends paid−139.0Fiscal year 2024Operating cash flow620.3Capital expenditure−1,097.5Free cash flow−477.1Dividends paid0.0Fiscal year 2025Operating cash flow899.6Capital expenditure−1,349.3Free cash flow−449.7Dividends paid0.0
FY2016FY2017FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −23.7 174.6 451.2 575.7 860.9 1,698.4 1,016.8 620.3 899.6
Capital expenditure −57.4 −180.5 −486.8 −509.7 −691.0 −1,067.8 −1,425.1 −1,097.5 −1,349.3
Free cash flow −81.2 −5.9 −35.5 66.0 169.9 630.6 −408.2 −477.1 −449.7
Growth +157.4% +271.1% −164.7%
Buybacks 0.0 n/a n/a n/a n/a n/a n/a n/a n/a
Dividends paid n/a n/a n/a 0.0 0.0 −34.7 −139.0 0.0 0.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash65.9Total debt1,044.5Net cash (debt)−978.6Shareholders’ equity−271.3Fiscal year 2017Cash61.3Total debt1,110.5Net cash (debt)−1,049.3Shareholders’ equity−369.3Fiscal year 2019Cash18.5Total debt2,500.1Net cash (debt)−2,481.6Shareholders’ equity1,143.0Debt to equity2.19Fiscal year 2020Cash30.3Total debt2,517.1Net cash (debt)−2,486.9Shareholders’ equity1,266.8Debt to equity1.99Fiscal year 2021Cash30.7Total debt2,615.2Net cash (debt)−2,584.6Shareholders’ equity1,012.8Debt to equity2.58Fiscal year 2022Cash54.7Total debt2,152.6Net cash (debt)−2,097.9Shareholders’ equity2,278.3Debt to equity0.94Fiscal year 2023Cash16.7Total debt2,640.4Net cash (debt)−2,623.7Shareholders’ equity2,358.4Debt to equity1.12Fiscal year 2024Cash6.8Total debt2,952.1Net cash (debt)−2,945.3Shareholders’ equity2,241.0Debt to equity1.32Fiscal year 2025Cash23.9Total debt2,809.1Net cash (debt)−2,785.1Shareholders’ equity2,646.8Debt to equity1.06
FY2016FY2017FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 65.9 61.3 18.5 30.3 30.7 54.7 16.7 6.8 23.9
Total debt 1,044.5 1,110.5 2,500.1 2,517.1 2,615.2 2,152.6 2,640.4 2,952.1 2,809.1
Net cash (debt) −978.6 −1,049.3 −2,481.6 −2,486.9 −2,584.6 −2,097.9 −2,623.7 −2,945.3 −2,785.1
Shareholders’ equity −271.3 −369.3 1,143.0 1,266.8 1,012.8 2,278.3 2,358.4 2,241.0 2,646.8
Debt to equity n/a n/a 2.19 1.99 2.58 0.94 1.12 1.32 1.06

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2019† 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
65.9 61.3 18.5 30.3 30.7 54.7 16.7 6.8 23.9
19.3 26.7 120.1 125.0 217.1 415.1 166.6 145.4 203.5
798.7 607.9 4,008.8 4,084.6 4,007.1 4,622.7 5,384.8 5,688.4 6,215.5
n/a n/a 335.9 335.9 335.9 335.9 335.9 335.9 335.9
889.9 930.4 4,657.1 4,624.0 4,668.2 5,694.3 6,253.6 6,382.1 7,007.1
Growth +4.6% +400.5% −0.7% +1.0% +22.0% +9.8% +2.1% +9.8%
Liabilities
1,044.5 1,110.5 2,500.1 2,517.1 2,615.2 2,152.6 2,640.4 2,952.1 2,809.1
calc 1,044.5 1,110.5 2,500.1 2,517.1 2,615.2 2,152.6 2,640.4 2,952.1 2,809.1
1,161.1 1,299.7 3,134.5 3,182.2 3,480.5 3,415.9 3,870.4 4,048.6 4,044.2
Equity
−815.8 −927.2 138.6 55.2 −204.0 886.1 958.3 728.6 1,124.2
−271.3 −369.3 1,143.0 1,266.8 1,012.8 2,278.3 2,358.4 2,241.0 2,646.8
Growth +10.8% −20.1% +125.0% +3.5% −5.0% +18.1%
Per share and net cash
calc −978.6 −1,049.3 −2,481.6 −2,486.9 −2,584.6 −2,097.9 −2,623.7 −2,945.3 −2,785.1
13.9 15.4 190.0 232.4 232.9 277.5 278.4 292.3 293.1
calc −19.46 −23.94 6.02 5.45 4.35 8.21 8.47 7.67 9.03

† The diluted share count jumps at 2019, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how.