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

down 73.78 %

Comstock Resources, Inc. (CRK) rated Outperform with price target $25 by Oppenheimer

Posted on: Wednesday,  Feb 8, 2012  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Comstock Resources, Inc. (NYSE: CRK) on 02/08/2012, when the stock price was $12.59. Since
then, Comstock Resources, Inc. has lost 73.79% as of 12/14/2015's recent price of $3.30.
If you would have followed this Oppenheimer's recommendation on CRK, you would have lost 73.78% of your investment in 1405 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/8/2012 8:25 AM Buy
12.59 25.00
as of 12/31/2012
1 Week down  -3.01 %
1 Month down  -7.80 %
3 Months down  -17.73 %
1 YTD down  -1.17 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/7/2011 8:25 AM Buy
19.55 30.00
8/5/2010 8:25 AM None
1/8/2009 8:25 AM Buy
46.63 55.00
10/20/2008 8:25 AM Buy
36.37 45.00
8/6/2007 11:25 AM Hold

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