Comstock Resources, Inc. Stock News

U.S. natural gas prices are trading around two-year highs as cold temperatures and potentially more LNG exports are boosting the commodity. The post This Commodity Rallied 67% In 2 Months.

Comstock reported negative $52 million in Q3 2024 FCF, bringing its YTD FCF to negative $308 million. It has made improvements with Western Haynesville D&C costs, but I believe it still requires a further 15% to 20% reduction to be competitive with legacy Haynesville wells. Comstock's 2024 production results are trending to be a bit lower than its guidance midpoint.

Comstock Resources, Inc. (NYSE:CRK ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Jay Allison - Chairman and CEO Roland Burns - President and CFO Daniel Harrison - COO Ronald Mills - VP of Finance and IR Conference Call Participants Carlos Escalante - Wolfe Research Charles Meade - Johnson Rice Jacob Roberts - TPH & Co Noel Parks - Tuohy Brothers Investment...

FRISCO, TX, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended September 30, 2024.

Comstock Resources, Inc., an E&P company focused on natural gas in the Haynesville and Bossier shales, faces challenges due to weak natural gas prices. Despite operational efficiency and cost management in its legacy Haynesville assets, Comstock's financials suffered in Q2 2024, with lower realized sales prices and reduced capital expenditures. Comstock's high debt load and inadequate hedging s...

24/7 Wall St. Insights An NFL team owner continues to boost a stake in an energy stock.

24/7 Wall St. Insights There were notable insider purchases in a handful of energy companies last week, as well as at a leading fintech firm and a casino operator.

Comstock Resources, Inc. (NYSE:CRK ) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Jay Allison - Chairman and CEO Roland Burns - President and CFO Dan Harrison - COO Ron Mills - VP of Finance and IR Conference Call Participants Carlos Escalante - Wolfe Research Jacob Roberts - TPH & Company Charles Meade - Johnson Rice Bertrand Donnes - Truist Kevin McCurdy - P...