CRK - NYSE
Comstock Resources, Inc.
$13.23
-0.90%Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves. It also owns interests in 2,557 producing oil and natural gas wells. The company was incorporated in 1919 and is headquartered in Frisco, Texas.
At a Glance
Live SnapshotComstock Resources, Inc. Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Historical Financial Data
Base year metrics used for projections
Projection Settings
Forecast period and terminal assumptions
DCF Valuation Summary
Calculation flow from present value to intrinsic value per share
Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $951.4M | $1.0B | $1.1B | $1.1B | $1.2B | $1.3B | $1.3B | $1.4B | $1.5B | $1.6B |
| Maintenance CapEx | -$285.4M | -$301.8M | -$319.2M | -$337.6M | -$357.0M | -$377.6M | -$399.3M | -$422.3M | -$446.6M | -$472.3M |
| Owner Earnings | $666.0M | $704.3M | $744.9M | $787.8M | $833.1M | $881.1M | $931.8M | $985.5M | $1.0B | $1.1B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $616.7M | $603.9M | $591.3M | $579.0M | $567.0M | $555.2M | $543.7M | $532.4M | $521.3M | $510.5M |
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Snapshot
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Value Model
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Statements
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Earnings Call
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Analyst Expectations
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