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5300 Town and Country Blvd., Ste. 500 Frisco, TX 75034 TX Tel. 972-668-8800 Fax 972-668-8812 |
Type: Public
On the web:
http://www.comstockresources.com
Employees:
127
Employee growth: (2.3%)
Comstock Resources' stock in trade is producing natural gas and oil. The midsized independent oil and gas company in 2010 reported proved reserves of more than 1 trillion cu. ft. of natural gas equivalent (98% in the form of natural gas) on its properties primarily located in two major areas -- East Texas/North Louisiana, and South Texas. Comstock Resources operates about 890 of the 1,590 producing wells in which it holds an interest. The company has grown through the drill bit (by exploiting existing reserves) and through complementary acquisitions.
Key numbers for fiscal year ending December, 2010:
Sales: $349.1M
One year growth: 19.9%
Net income: ($19.6)M
Officers:
Chairman, President, and CEO: M. Jay Allison
VP Operations: Mark A. Williams
SVP, CFO, Secretary, Treasurer, and Director: Roland O. Burns
Competitors:
Abraxas Petroleum
Apache
Chesapeake Energy
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