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
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Q3 2019 Comstock Resources Inc Earnings Call Transcript

Nov 07, 2019 / 04:00PM GMT
Release Date Price: $7.54 (+7.10%)
Operator

Thank you for standing by, and welcome to the Comstock Resources, Inc. Third Quarter 2019 Earnings Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

I would now like to hand the conference to your speaker today, Jay Allison, Chief Executive Officer. Please go ahead, sir.

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

Thank you, Joelle. It's a rainy day in Dallas. So that's a good day to have an earnings call, start out like that. 21 months ago, when Jerry Jones reached out to Comstock, he saw something. Over the last 21 months, our goal has been to be the low-cost producer and have the highest margins at the same time, rightsizing the company up to be competitive in the new era of energy that we're in. The corporate report we gave you today is a good marker to where our 209 employees of Comstock have taken the company in a very short time frame. We will report today on a company that we bought for all stock during the last quarter, which is a nice positive

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