Comstock Resources, Inc. (CRK) rated Outperform 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 51.95% as of 12/06/2013's recent price of $16.61. If you would have followed this Boenning & Scattergood's recommendation on CRK, you would have lost 51.95% of your investment in 1626 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.
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