Comstock Resources, Inc. engages in the acquisition, exploration, development, and production of oil and natural gas in the United States. It has onshore operations in the east Texas, north Louisiana, and south Texas regions, as well as in Mississippi, New Mexico, Kentucky, Oklahoma, Kansas, and the Mid-Continent region. The company also holds interest in offshore producing oil and natural gas wells in the Gulf of Mexico. As of December 31, 2007, Comstock Resources’ total proved oil and natural gas reserves included 35,142 million barrels of oil and 837,852 million cubic feet of natural gas. As of the above date, it also owned interests in 1,024.4 net producing oil and natural gas wells. The company was founded in 1919 and is based in Frisco, Texas.
Analysts'
Recommendation: | Buy |
| 30 Days Ago: | Buy |
|
| Analysts' Target: | $80 |
| Analysts' Targets |
| Credit Suisse | $85 |
| Buy |
Wednesday, June 18, 2008
|
| Lehman Brothers | $66 |
| Underweight |
Monday, June 16, 2008
|
| BMO Capital Markets | $90 |
| Outperform |
Monday, June 16, 2008
|
$87.5 (07/02/08)
