Comstock Resources $CRK Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up COMSTOCK RESOURCES, INC. ($CRK). Last filing: 8-K (7.01 Regulation FD Disclosure), 2026-09-01. 7 event filings (8-K) in the past twelve months.
🔖 Exposure: revenue $2.2B (FY2025), total debt $2.8B. Experience: revenue up 77.0% on the year, up 4.7% a year over 4 years; operating margin 29.1%, up from -13.4%. Soundness: equity 37.8% of assets, return on equity 15.9%, payout 0.0% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.3B and $6.2B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $745.1M to $10.8B. A statistical range, not company guidance. Against peers (45 filers, $50M+ revenue, crude petroleum & natural gas): operating margin 29.1% against a 16.8% median; growth 77.0% against 7.8%.
Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | $900M · −$915M · $33M · −$450M |
| Investment book (cash · short · long) | $24M · — · — · current ratio 0.49 |
| Revenue swing · equity of assets | 71.3% · 37.8% |
Comstock Resources is growing slower than its size class, with revenue that swings more. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-12-31 |
| Revenue | $2.2B |
| Revenue, on the year | 77.0% |
| Revenue, a year over the record | 4.7% |
| Operating margin | 29.1% |
| Operating margin, prior year | −13.4% |
| Net margin | 18.9% |
| Research and development | not filed separately |
| Total debt | $2.8B |
| Equity of assets | 37.8% |
| Return on equity | 15.9% |
| Payout of profit | 0.0% |
| Dividend per share | $0 |
| Earnings per share | $1.43 |
| Book value per share | $9.00 |
| Revenue per share | $7.55 |
| Shares outstanding | 294,131,000 |
| Audited years read | 5 |
Peers: the median of 45 filers with $50M+ revenue in crude petroleum & natural gas.
Health HarborComstock Resources sails as: Weathered boat
Health watch · 12 monthsquiet · none of the watched events filed
Sailing speed follows growth: -15.1% a year crosses the harbor in 120 seconds.
🌊 Visit the Bay →- slow and jumpy: growing slower than its size class, with revenue that swings more
- revenue is hard to predict: its 80% range is ±65%
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 8-K · 2026-09-01 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-07-30
- 8-K · 2026-07-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits
- 8-K · 2026-06-16 · 8.01 Other Events; 9.01 Financial Statements and Exhibits
- 8-K · 2026-06-03 · 5.07 Submission of Matters to a Vote of Security Holders
- 10-Q · 2026-05-06
Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company