Comstock Resources, Inc. engages in the acquisition, development, and exploration of oil and natural gas. The company is headquartered in Frisco, Texas and currently employs 256 full-time employees. The firm is engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The firm operates through the exploration and production of the North American natural gas and oil segment. Its primarily operates in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas, with economic and geographical proximity to the Gulf Coast natural gas markets. The firm is focused on the development of drilling opportunities in the Haynesville and Bossier shales and exploration activities in the Western Haynesville play. The company has over 1,099,090 acres (819,489 net) prospective for the Haynesville and Bossier shale plays, located in North Louisiana and East Texas, including its extension of the plays in its Western Haynesville area. The firm owns interests in over 2,427 producing natural gas and oil wells (1,542.6 net) and it operates 1,747 of these wells.
Follow-Up Questions
Who is the CEO of Comstock Resources Inc?
Mr. M. Jay Allison is the Chairman of the Board of Comstock Resources Inc, joining the firm since 1987.
What is the price performance of CRK stock?
The current price of CRK is $18.42, it has decreased 4.18% in the last trading day.
What are the primary business themes or industries for Comstock Resources Inc?
Comstock Resources Inc belongs to Energy industry and the sector is Energy
What is Comstock Resources Inc market cap?
Comstock Resources Inc's current market cap is $5.3B
Is Comstock Resources Inc a buy, sell, or hold?
According to wall street analysts, 16 analysts have made analyst ratings for Comstock Resources Inc, including 2 strong buy, 1 buy, 11 hold, 8 sell, and 2 strong sell
