Comstock Resources (CRK) Gross Margin (2009 - 2018)
Comstock Resources (CRK) posted Gross Margin of 94.03% for Q1 2018, up 1.08% on a QoQ basis from 93.02% in Q4 2017, and up 170.0% year-over-year from 34.83% in Q1 2017.
Analysis
Comstock Resources (CRK) Gross Margin (2009 - 2018) Analysis & Trends
Comstock Resources has reported Gross Margin for 10 years, with the latest figure at 94.03% in Q1 2018.
- On a quarterly basis, Gross Margin rose 170.0% year-over-year to 94.03% in Q1 2018; TTM through Mar 2018 was 93.53%, a 159.0% increase from a year earlier, with the FY2017 full-year figure at 93.13%, up 214.0% from the prior year.
- Gross Margin was 94.03% for Q1 2018 at Comstock Resources, up from 93.02% in the prior quarter.
- The five-year high for Gross Margin was 97.98% in Q2 2014, with the low at 87.93% in Q1 2016.
- Average Gross Margin over 5 years is 93.89%, with a median of 93.92% recorded in 2015.
- The sharpest annual moves came in 2016 and 2017: Gross Margin tumbled 778 bps in 2016, then surged 440 bps in 2017.
- Over 5 years, Gross Margin stood at 97.46% in 2014, then fell by 7 bps to 90.56% in 2015, then climbed by 2 bps to 92.57% in 2016, then advanced by 0 bps to 93.02% in 2017, then gained by 1 bps to 94.03% in 2018.
- The last three Gross Margin figures came in at 94.03% (Q1 2018), 93.02% (Q4 2017), and 92.88% (Q3 2017), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 82.99% |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | - |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 81.22% |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 78.58% |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | - |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 93.93% |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 94.91% |
| 10 | Comstock Resources | 4.36 Bn | 4.26 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2018 | 94.03% |
| Dec 31, 2017 | 93.02% |
| Sep 30, 2017 | 92.88% |
| Jun 30, 2017 | 94.23% |
| Mar 31, 2017 | 92.33% |
| Dec 31, 2016 | 92.57% |
| Sep 30, 2016 | 92.39% |
| Jun 30, 2016 | 90.11% |
| Mar 31, 2016 | 87.93% |
| Dec 31, 2015 | 90.56% |
| Sep 30, 2015 | 93.92% |
| Jun 30, 2015 | 95.78% |
| Mar 31, 2015 | 95.71% |
| Dec 31, 2014 | 97.46% |
| Sep 30, 2014 | 97.84% |
| Jun 30, 2014 | 97.98% |
| Mar 31, 2014 | 97.34% |
| Dec 31, 2013 | 96.02% |
| Sep 30, 2013 | 95.99% |
| Jun 30, 2013 | 95.96% |