Financials Comstock Resources, Inc.

Equities

CRK

US2057683029

Oil & Gas Exploration and Production

Real-time Estimate Cboe BZX 18:13:49 10/05/2024 BST 5-day change 1st Jan Change
10.16 USD -1.41% Intraday chart for Comstock Resources, Inc. +2.05% +15.08%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,564 1,016 1,884 3,805 2,464 3,010 - -
Enterprise Value (EV) 1 4,045 3,506 4,469 5,903 5,088 5,763 5,578 5,390
P/E ratio 15.8 x -11.2 x -7.22 x 3.34 x 11.6 x -125 x 13 x 9.31 x
Yield - - - 0.91% 5.65% - 3.24% 2.43%
Capitalization / Revenue 2.03 x 1.18 x 1.02 x 1.05 x 1.57 x 2.17 x 1.58 x 1.46 x
EV / Revenue 5.26 x 4.08 x 2.41 x 1.63 x 3.25 x 4.15 x 2.94 x 2.61 x
EV / EBITDA 6.59 x 4.85 x 3.99 x 3.07 x 5.48 x 6.24 x 4.65 x 3.85 x
EV / FCF -154 x 54.6 x 19.4 x 8.86 x -9.99 x -32.7 x 79.1 x 65.3 x
FCF Yield -0.65% 1.83% 5.16% 11.3% -10% -3.06% 1.26% 1.53%
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 190,017 232,421 232,925 277,508 278,429 292,202 - -
Reference price 2 8.230 4.370 8.090 13.71 8.850 10.30 10.30 10.30
Announcement Date 26/02/20 16/02/21 15/02/22 14/02/23 13/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 768.7 858.2 1,851 3,628 1,565 1,390 1,899 2,066
EBITDA 1 613.6 722.2 1,120 1,924 928.1 923.6 1,199 1,400
EBIT 1 274.9 305.1 650.4 1,426 320.2 172.9 696.3 752.2
Operating Margin 35.76% 35.55% 35.14% 39.3% 20.46% 12.44% 36.66% 36.4%
Earnings before Tax (EBT) 1 124.7 -61.63 -230.3 1,402 247 -34.15 470.5 646.5
Net income 1 74.47 -83.41 -259.2 1,125 211.1 -30.42 236.2 330
Net margin 9.69% -9.72% -14.01% 31% 13.49% -2.19% 12.43% 15.97%
EPS 2 0.5200 -0.3900 -1.120 4.110 0.7600 -0.0825 0.7950 1.107
Free Cash Flow 1 -26.21 64.22 230.8 666.4 -509.5 -176.2 70.51 82.54
FCF margin -3.41% 7.48% 12.47% 18.37% -32.55% -12.68% 3.71% 3.99%
FCF Conversion (EBITDA) - 8.89% 20.61% 34.64% - - 5.88% 5.9%
FCF Conversion (Net income) - - - 59.24% - - 29.86% 25.01%
Dividend per Share 2 - - - 0.1250 0.5000 - 0.3333 0.2500
Announcement Date 26/02/20 16/02/21 15/02/22 14/02/23 13/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 655.4 524.8 946.3 1,190 922.4 489.6 288.2 376.7 410.6 335.8 291.5 342.7 426.5 457 414.5
EBITDA 1 296.7 333 515 597.6 478.1 293.5 182.2 208.9 243.6 229.6 184 222.8 283 296.8 275.2
EBIT 1 186.6 226.3 395.8 468.5 338.7 159.5 41.98 60.68 58.05 38.89 -3.24 36.3 117 148.1 96.8
Operating Margin 28.48% 43.11% 41.83% 39.37% 36.72% 32.58% 14.57% 16.11% 14.14% 11.58% -1.11% 10.59% 27.44% 32.41% 23.35%
Earnings before Tax (EBT) 1 446 -143 485.3 458.4 601.3 174.2 -60.15 18.33 114.6 -22.77 -58.36 -22.68 67.64 101.2 57.38
Net income 1 356 -115.7 372.5 351.2 516.9 134.5 -45.71 14.72 107.6 -16.32 -41.62 -8.55 41.62 61.57 42.42
Net margin 54.32% -22.05% 39.37% 29.51% 56.04% 27.47% -15.86% 3.91% 26.21% -4.86% -14.28% -2.49% 9.76% 13.47% 10.23%
EPS 2 1.300 -0.5000 1.360 1.280 1.870 0.4900 -0.1700 0.0500 0.3900 -0.0500 -0.1533 -0.0350 0.1300 0.2120 0.1420
Dividend per Share 2 - - - - - - - - 0.1250 - 0.1300 0.1300 0.1300 0.1300 0.1300
Announcement Date 15/02/22 03/05/22 01/08/22 01/11/22 14/02/23 02/05/23 31/07/23 30/10/23 13/02/24 01/05/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,482 2,490 2,585 2,098 2,624 2,753 2,568 2,380
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.044 x 3.448 x 2.308 x 1.091 x 2.827 x 2.981 x 2.142 x 1.7 x
Free Cash Flow 1 -26.2 64.2 231 666 -510 -176 70.5 82.5
ROE (net income / shareholders' equity) - - 23% 59% 5.72% 1.18% 26.7% 14.2%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share 2 2.410 2.680 3.710 6.120 3.670 2.490 3.480 4.080
Capex 1 477 511 628 1,032 1,308 869 992 1,118
Capex / Sales 62.11% 59.6% 33.94% 28.44% 83.57% 62.55% 52.23% 54.1%
Announcement Date 26/02/20 16/02/21 15/02/22 14/02/23 13/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
13
Last Close Price
10.3 USD
Average target price
9.792 USD
Spread / Average Target
-4.94%
Consensus
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  4. Financials Comstock Resources, Inc.