Comstock Resources is an independent natural gas producer operating primarily in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas. Co. is engaged in the acquisition, exploration, development and production of oil and natural gas. Co.'s operations are primarily focused on North Louisiana and East Texas. We show 30 historical shares outstanding datapoints in our CRK shares outstanding history coverage, used to compute CRK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CRK market cap history over the course of time is important for investors
interested in comparing CRK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CRK versus a peer is one thing; comparing
CRK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CRK can fluctuate over the course of history.
With this page we aim to empower investors researching CRK by allowing them to research the CRK market cap history. |
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Video: The Importance of Market Cap
