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Comstock Resources vs Northern OIL & GAS

Comstock Resources and Northern OIL & GAS are similar in size: $2.22bn and $2.48bn of revenue in their latest fiscal years. Comstock Resources grew faster (77.0% against 11.2%). Comstock Resources kept more of each dollar of sales as profit: a net margin of 17.8% against 1.6%. Comstock Resources carries less debt relative to equity (107.6% against 114.0%).

Latest fiscal yearComstock ResourcesCRK, 2025Northern OIL & GASNOG, 2025
Revenue $2.22bn $2.48bn
Revenue growth 77.0% 11.2%
Net income $396m $38.8m
Operating margin 29.1% 9.9%
Net margin 17.8% 1.6%
Return on equity 16.2% 1.7%
Free cash flow −$450m $1.50bn
Cash $23.9m $14.3m
Total debt $2.85bn $2.42bn
Debt to equity 107.6% 114.0%
Dividend per share — —
Dividend yield — 6.5%
Share buybacks — $57.0m
Employees 252 64
Market value $4.11bn $2.69bn
Price vs our value range — Below our value range
Moat score 25 (Weak) 55 (Moderate)
Insider trades, 12 months 0 buys, 1 sales 3 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.