Comstock Resources vs Viper Energy
Comstock Resources is the larger business, with $2.22bn of revenue in fiscal 2025 against $1.40bn for Viper Energy (1.6 times as much). Comstock Resources grew faster (77.0% against 62.0%). Comstock Resources kept more of each dollar of sales as profit: a net margin of 17.8% against -4.9%. Viper Energy carries less debt relative to equity (49.1% against 107.6%).
| Latest fiscal year | Comstock ResourcesCRK, 2025 | Viper EnergyVNOM, 2025 |
|---|---|---|
| Revenue | $2.22bn | $1.40bn |
| Revenue growth | 77.0% | 62.0% |
| Net income | $396m | −$68.0m |
| Operating margin | 29.1% | -10.0% |
| Net margin | 17.8% | -4.9% |
| Return on equity | 16.2% | -2.2% |
| Free cash flow | −$450m | — |
| Cash | $23.9m | $13.0m |
| Total debt | $2.85bn | $2.19bn |
| Debt to equity | 107.6% | 49.1% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 252 | — |
| Market value | $4.11bn | $8.66bn |
| Price vs our value range | — | — |
| Moat score | 25 (Weak) | — |
| Insider trades, 12 months | 0 buys, 1 sales | 0 buys, 0 sales |