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Comstock Resources Inc
Comstock Resources, Inc. is an independent energy company based in the United States, engaged in the exploration and production of oil and natural gas. The company primarily focuses on the development of tight gas reserves in northwest Louisiana and the Eagle Ford Shale trend in South Texas.
Comstock Resources was founded in 1968 and is headquartered in Frisco, Texas. Its stock trades on the NASDAQ Stock Exchange under the ticker symbol "CRK". As with any public company, its stock price can fluctuate based on various market and company-specific factors. Interested investors should conduct their own research and due diligence before making any investment decisions.
Comstock Resources reported net production of 7.0 billion cubic feet of natural gas equivalent (Bcfe) in 2020. The company's total estimated proved reserves as of December 31, 2020 were 4.1 trillion cubic feet of natural gas equivalent (Tcfe), according to its annual report. Comstock Resources focuses on the acquisition of properties that have potential for improved recovery and operates in the Haynesville Shale, Cotton Valley, and Eagle Ford Shale formations.