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 2019 Comstock Resources Inc Earnings Call Transcript

Feb 27, 2020 / 04:00PM GMT
Release Date Price: $5.39 (-3.06%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Q4 2019 Comstock Resources Earnings Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

I would now like to hand the call over to Jay Allison, Chairman and CEO. Please go ahead.

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

Michelle, thank you, and -- when we announced the Covey Park consolidation with Comstock on June 10, 2019, I'll tell you, we were anxious for today, a day where we could show you what the consolidation of the 2 asset bases looks like and really what the craftsmanship and the management of this group of 207 collective employees at Comstock, from top to bottom, plus the Comstock Board, can create in this extremely soft energy market. Our results that we'll show you today are really strong. We are profitable. We have free cash flow. I think we have the lowest G&A in this sector. We also have industry-leading margins and industry-leading low costs that created the strong

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