Comstock Resources Inc (NYSE:CRK)
$ 10.15 -0.15 (-1.46%) Market Cap: 2.97 Bil Enterprise Value: 5.76 Bil PE Ratio: 46.14 PB Ratio: 1.21 GF Score: 45/100

Q4 2018 Comstock Resources Inc Earnings Call Transcript

Feb 21, 2019 / 04:00PM GMT
Release Date Price: $6.86 (+3.00%)
Operator

Good day, ladies and gentlemen, and welcome to the Fourth Quarter 2018 Comstock Resources Earnings Conference Call. (Operator Instructions) As a reminder, this call is being recorded.

I would now like to introduce your host for today's conference, Mr. Jay Allison, Chief Executive Officer. Please go ahead.

Miles Jay Allison
Comstock Resources, Inc. - Chairman & CEO

Perfect. And thank you, Christy. And what a day. What a -- we waited a long time for a day like today.

Before I start the formal presentation, I'd like to kind of go over a little bit why we have these numbers. One year ago yesterday, Comstock Resources had its first detailed conversation with Jerry Jones' family that resulted really to many iterations into what is today the new Comstock with Jerry Jones owning 84% of Comstock Resources. When Jerry Jones' family, along with his longtime oil and gas partners, Mike Mccoy and [Bob Roth], looked at Comstock, they discovered we had high-quality drill site locations in the Haynesville/Bossier, but we needed cash to drill the

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot