CRK Stock Recent News
CRK LATEST HEADLINES
Comstock's TSR over the last five years has trailed that of the S&P 500. However, with dividends restored, thanks to strong FCF growth, the company has the tools to close the gap.
Comstock Resources, Inc. is an independent E&P that operates in the Haynesville Shale. The price of natural gas has fallen substantially this year due to a supply glut, and it does not appear that this is likely to change in the near term.
FRISCO, TX, April 03, 2023 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release first quarter 2023 results on May 2, 2023 after the market closes and host its quarterly conference call at 10:00 a.m. CT on May 3, 2023 to discuss the first quarter results.
Has natural gas bottomed?
3.8% dividend yield, with lowest-in-the-industry cost structure which helps generate >80% EBITDAX margins. 1,445 MMcfe/d of production with a 3-year-CAGR of 21%.
Comstock Resources, Inc. (NYSE:CRK ) Q4 2022 Earnings Conference Call February 15, 2023 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 Derrick Whitfield - Stifel Charles Meade - Johnson Rice Umang Choudhary - Goldman Sachs Bertrand Donnes - Truist Jacob Roberts - Tudor Pickering Holt & Company Leo Mariani - MKM Partners Paul Diamond - Citi Operator Thank you for standing by, and welcome to Comstock Resources Fourth Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.
Comstock (CRK) delivered earnings and revenue surprises of 25% and 27.17%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
The price of natural gas is down significantly to start 2023 and down almost 70% in the last six months. Comstock has a very attractive cost structure and easy access to export facilities in the Gulf.
COMSTOCK RESOURCES, INC. ANNOUNCES FOURTH QUARTER 2022 EARNINGS DATE AND CONFERENCE CALL INFORMATION
FRISCO, TX, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release fourth quarter and annual 2022 results on February 14, 2023 after the market closes and host its quarterly conference call at 10:00 a.m. CT on February 15, 2023 to discuss the fourth quarter results.
Comstock Resources, Inc.'s industry-leading low costs are likely to be just that for the foreseeable future. The close location to exporting facilities is a huge transportation cost advantage.