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Enter Symbol:
 
Comstock Resources, Inc. (CRK) [hlAlert]

Rating:
Outperform
CRK
down 42.34 %

Comstock Resources, Inc. (CRK) rated Outperform by Boenning & Scattergood

Posted on: Wednesday,  Jun 24, 2009  10:25 AM ET by Boenning & Scattergood

Boenning & Scattergood rated Outperform Comstock Resources, Inc. (NYSE: CRK) on 06/24/2009, when the stock price was $34.57.
Since then, Comstock Resources, Inc. has lost 42.35% as of 09/19/2014's recent price of $19.93.
If you would have followed this Boenning & Scattergood's recommendation on CRK, you would have lost 42.34% of your investment in 1913 days.

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.

Our equity research team concentrates on companies that aren’t widely covered in sectors such as water distribution/equipment/technology, financial services, business services, aerospace & defense technology, medical technology and retail.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2009 10:25 AM Buy
None
34.57
as of 12/31/2009
1 Week down  -42.09 %
1 Month down  -32.50 %
3 Months down  -37.47 %
1 YTD down  -27.50 %

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