Comstock Resources Inc. today announced that its Board of Directors approved the reinstatement of a quarterly cash dividend on its common stock for the fourth quarter at an annual dividend rate of $0.50 per share. A dividend of $0.125 per common share will be paid on December 15, 2022 to stockholders of record at the close of business on December 1, 2022. This press release may contain "forward-looking statements" as that [...]
Comstock Resources Inc. today reported financial and operating results for the quarter ended September 30, 2022. Highlights of 2022's Third Quarter Generated highest quarterly operating cash flow in the Company's history of $533 million or $1.92 per diluted share. Free cash flow from operations was $286 million in the quarter. Retired $250 million of debt in the third quarter and reduced leverage to under 1x. Adjusted net [...]
Comstock Resources Inc. announces it has changed the date and time of its previously announced earnings release and conference call for the third quarter of 2022. The Company will now release the third quarter 2022 results on November 1, 2022 after the market closes and host its quarterly conference call at 9:00 a.m. CT on November 2, 2022 to discuss the third quarter results. Parties interested in participating in the [...]
Comstock Resources Inc. plans to release third quarter 2022 results on November 8, 2022 after the market closes and host its quarterly conference call at 10:00 a.m. CT on November 9, 2022 to discuss the second quarter results. Parties interested in participating in the conference call telephonically will need to register at https://register.vevent.com/register/BI39ce5cb8026c4144ae9a888f217e28ae. Upon registering to [...]
Lunch Keynote Presentations Feature BPX Energy, Vivek Ramaswamy with Strive Wealth Management and Petrie Partners Panels include discussions on Capital Allocation, Responsibly Sourced Gas, Private Capital, Carbon Capture, Renewable Natural Gas, ESG, Private Companies and Commodity Market Outlook EnerCom, Inc. announced today that the EnerCom Denver investment conference will feature management team presentations, breakout [...]
Preliminary Presentation Times and Schedule for Participating Companies at EnerCom Denver Now Posted on the Conference Website EnerCom, Inc. announced today that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for the EnerCom Denver conference can now request One-on-One meetings with the senior management teams of participating companies on the [...]
Comstock Resources Inc. today reported financial and operating results for the quarter ended March 31, 2022. Highlights of 2022's First Quarter Generated free cash flow from operations of $68 million in the quarter. Paid down $85 million of debt in the quarter. Adjusted EBITDAX increased 27% to $333 million. Operating cash flow increased 44% to $297 million or $1.07 per diluted share. Revenues, after realized hedging [...]
Comstock Resources Inc. announced today the early redemption of all of its outstanding 7.50% Senior Notes due 2025 . The 2025 Senior Notes have an outstanding aggregate principal amount of $244.4 million and will be redeemed in full on May 15, 2022 . In accordance with the terms and conditions set forth in the indenture governing the 2025 Senior Notes, the Company will pay the redemption price of 101.875% of the principal [...]
Comstock Resources Inc. announces its plan to release first quarter 2022 results on May 3, 2022 after the market closes and host its quarterly conference call at 10:00 a.m. CT on May 4, 2022. Please dial in at least 15 minutes in advance to ensure a timely connection to the call. Dial-In: 844-776-7840 International Dial-In: 661-378-9538 Conference ID: 2547726 ~~~ The conference call will also be broadcast live in [...]
Comstock Resources Inc. today reported financial and operating results for the quarter and year ended December 31, 2021. Highlights of 2021's Fourth Quarter Generated free cash flow from operations of $105 million in the quarter and $262 million for the year. Generated free cash flow including acquisition and divestiture activity of $204 million in the quarter and $343 million for the year. Paid down $190 million of debt [...]
Comstock Resources Inc. announced today that its proved oil and natural gas reserves as of December 31, 2021 were estimated at 6.1 trillion cubic feet equivalent as compared to total proved oil and gas reserves of 5.6 Tcfe as of December 31, 2020. The reserve estimates were determined under the SEC guidelines and were audited by the Company's independent reserve engineering firm. The 6.1 Tcfe of proved reserves at [...]
Comstock Resources Inc. announces its plan to release fourth quarter 2021 results on February 15, 2022 after the market closes and host its quarterly conference call at 10:00 a.m. CT on February 16, 2022. Please dial in at least 15 minutes in advance to ensure a timely connection to the call. Dial-In: 844-776-7840 International Dial-In: 661-378-9538 Conference ID: 7758087 ~~~ The conference call will also be broadcast [...]