Comstock Resources Inc.
We are a leading independent natural gas producer operating primarily in the Haynesville shale, a premier natural gas basin located in North Louisiana and East Texas with superior economics given its geographical proximity to the Gulf Coast natural gas markets. As of December 31, 2025, substantially all of our proved natural gas and oil reserves were in the Haynesville and Bossier shale plays.
$13.77
-$0.35 (-2.48%)
EOD Oct 21, 2026
29.09% operating margin is above average. ROIC at 10.30%.
Revenue up 77.0% YoY with margins expanding 42.5pp.
Negative free cash flow of -$450M. The business is consuming cash, not generating it.
7.6x earnings. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$2.18B
▲ +77.0% YoY
Net Income (TTM)
$496M
▲ +272.3% YoY
Op. Margin
28.82%
▲ +42.5pp YoY
ROIC
9.33%
▲ +12.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$735M
▲ +5.8% YoY
Op. Cash Flow (TTM)
$819M
▲ +45.0% YoY
Net Debt
$3.12B
Cash & Equiv.
$45M
5Y CAGR: +20.9%
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SourceComputed from the 10-Q filed 29 Jul 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 26 Sept 2026. How this is calculated.
Price from market data, last close as of 21 Oct 2026. Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is Comstock Resources (CRK) overvalued?
At a P/E of 7.6, Comstock Resources (CRK)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Comstock Resources scores 14/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is Comstock Resources a high-quality business?+
Comstock Resources scores 14 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 28.8% operating margin and a 9.3% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Comstock Resources a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh CRK's valuation and scores 14/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Crude Petroleum & Natural Gas
Spot a number that looks wrong? Check it in CRK's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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