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Comstock Resources, Inc. (CRK) [hlAlert]

Rating:
Hold CRK

Comstock Resources, Inc. (CRK) rated Hold with price target $51 by C.K. Cooper

Posted on: Thursday,  Dec 18, 2008  9:25 AM ET by C.K. Cooper

Comstock (CRK) rated Hold
with price target $51 by C.K. Cooper.

Comstock Resources, Inc. (Comstock) is engaged in the acquisition, development, production and exploration of oil and natural gas. The Company?s oil and gas operations are concentrated in east Texas/north Louisiana and south Texas regions. Its oil and natural gas properties have proved reserves of 581.7 billion cubic feet equivalent (Bcfe) as of December 31, 2008. Its consolidated proved oil and natural gas reserve base is 90% natural gas and 67% proved developed on a Bcfe basis as of December 31, 2008. In August 2008, Comstock divested its interests in its offshore oil and gas properties through the sale of Bois d?Arc Energy, Inc.

C. K. Cooper & Company has for over a decade provided insightful research ideas and commentary. As the firm identifies focus industries it brings together an analytical team to provide unique vision and insight to select investment ideas. In addition, leveraging on the expertise of the firm, the Research Team can evaluate opportunities against a wide database of industry and competitive trends.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2009 10:25 AM Buy
None
46.72 56.00
as of 12/24/2008
1 Week down  -29.04 %
1 Month   
3 Months   
1 YTD down  -29.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2008 9:25 AM Hold
None
45.90 51.00

(*) Stock Price at the time of the recommendation.
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