Comstock Resources, Inc.
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3 Diversified Stock Ideas for Your Watchlist
By Federico Zaldua - April 18, 2013 | Tickers: CRK, JAH, PX
I have been watching three sectors in the quest for promising mid-caps. With the S&P 500 up 9% so far this year, it makes sense to take a look at companies that might not usually be on investors' radar. Here, I will analyze three companies in three different sectors that might serve as useful equity ideas for your portfolio. Let's take a sector-by-sector look.
An idea from consumer more »
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Three Sectors, Three Ideas
By Federico Zaldua - April 15, 2013 | Tickers: CRK, JAH, PX
I have been watching three sectors in the quest for promising mid-caps. With the S&P500 up by 9% Year To Date (YTD), it does make sense to take a look at companies that might not usually be in investor's radar. Here I detected three companies in three different sectors that might serve as useful equity ideas for your portfolio. Let's take a sector-by-sector look.
- Consumer Goods: My more »
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What We Learned about the Haynesville Shale During Earnings Season
By Eric Fox - August 22, 2012 | Tickers: CRK, XCO, PXP, QEP
The Haynesville Shale is down but not out as a number of exploration and production companies continued development here or disclosed other information regarding the play during the second quarter of 2012.
Falling Rig Count
The Haynesville Shale rig count fell to a new low of 24 rigs in the week ending Aug. 10, as operators continued to shift development from this dry gas play to ones that produce oil more »
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Market Will Not Reward Chesapeake in Short-Term
By Maxwell Fisher - August 10, 2012 | Tickers: CHK, CRK, DVN, ECA, RRC
In its first earnings report since Carl Icahn came onstage and prompted a board overhaul in partnership with Southeastern Asset Management, Chesapeake (NYSE: CHK) reported second quarter net income of just $929 million against revenues of $3.4 billion, by including several gains that Chesapeake admits are not typically included by analysts. Excluding these line items, Chesapeake’s adjusted net income plummets to $3 million. At a glance, even using more »
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Decade-Low Natural Gas Prices Expose Gas Companies
By Tony Daltorio - April 12, 2012 | Tickers: BHI, BBG, CHK, CRK
Thanks to newer drilling technologies, what was a looming natural gas shortage in the United States a few short years ago has today turned into a natural gas glut. The glut has sent the price of the commodity into free-fall, hitting a two-decade low price of below $2 per million BTU. Natural gas has lost more than half its value from just a year ago.
This is not good news more »
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Comstock: A Solid Long-Term Play
By Helen Hagan - March 9, 2012 | Tickers: APC, APA, CHK, CRK, DVN
Comstock Resources (NYSE: CRK) is a domestic oil and natural gas exploration and production company operating primarily in Louisiana, Texas, and the Gulf of Mexico. It has interests in 1,589 producing wells, of which it operates 899. The vast majority—98%—of its proven reserves, totaling 1,051 billion cubic feet equivalent, consists of natural gas. That is a significant issue for Comstock given that natural gas is at more »