Welcome to our dedicated page for Comstock Rscs news (Ticker: CRK), a resource for investors and traders seeking the latest updates and insights on Comstock Rscs stock.
Comstock Resources, Inc. (NYSE: CRK) is an independent natural gas producer focused on the development of the Haynesville shale in North Louisiana and East Texas. This news page aggregates company announcements, earnings releases, operational updates, and collaboration news so readers can follow how Comstock’s Haynesville-focused strategy evolves over time.
Visitors can review quarterly financial and operating results, where Comstock reports natural gas and oil sales, production volumes, production costs per unit, and non-GAAP measures such as adjusted net income, adjusted EBITDAX, and operating cash flow. These releases often include detailed drilling and completion updates for Haynesville and Bossier shale wells in both the Legacy Haynesville and Western Haynesville areas, with information on lateral lengths and initial production rates.
In addition to earnings coverage, the news feed includes announcements about conference call schedules, webcasts, and slide presentations that accompany results, as well as items such as the company’s dual listing on NYSE Texas. Readers can also find news on asset divestitures in East Texas and North Louisiana, agreements to sell properties, and portfolio adjustments that reflect Comstock’s focus on its Haynesville position.
Comstock’s news flow also features updates on collaborations and infrastructure-related initiatives, such as its exclusive, non-binding agreement with BKV Corporation to explore CCUS projects at Comstock’s natural gas processing facilities in its Western Haynesville area, and its collaboration with NextEra Energy Resources, LLC on potential power generation assets. For investors, analysts, and industry observers, this page offers a centralized view of Comstock’s latest disclosures and operational milestones. Bookmark this feed to quickly access new CRK announcements and historical press releases related to the company’s Haynesville-centered natural gas operations.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Comstock Resources (NYSE:CRK) will release its first quarter 2023 results on May 2, 2023, post-market close. A conference call to discuss these results is scheduled for 10:00 a.m. CT on May 3, 2023. Interested parties can register to participate via a dedicated link, receiving a dial-in number and PIN for access. The call will also be available in listen-only mode on the company's website. A replay will be accessible for twelve months starting from 1:00 p.m. CT on May 3, 2023. Comstock Resources focuses on natural gas production, particularly in the Haynesville Shale region.
Comstock Resources reported strong financial results for fiscal 2022, generating $673 million in free cash flow, with production increasing 7% in Q4 2022 to 1,445 MMcfe per day. Annual oil and gas sales reached $2.3 billion, a 58% increase from 2021. Adjusted net income for 2022 was $1.0 billion, or $3.73 per diluted share. The company successfully drilled 73 operated wells and plans to allocate $950 million to $1.15 billion for drilling and completion in 2023. Comstock declared a $0.125 per share quarterly dividend, to be paid on March 15, 2023. A conference call is scheduled for February 15, 2023, to discuss results further.
FAQ
What is the current stock price of Comstock Rscs (CRK)?
What is the market cap of Comstock Rscs (CRK)?
