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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Q1 2020 Comstock Resources Inc Earnings Call Transcript

May 07, 2020 / 03:00PM GMT
Release Date Price: $7.3 (-2.67%)
Operator

Thank you for standing by, and welcome to the Q1 2020 Comstock Resources Incorporated Earnings Conference Call.

(Operator Instructions)

Please advised that today's conference is being recorded.

(Operator Instructions)

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

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

Tina, thank you, and good morning, everyone. We know it's a crowded morning. The docket is crowded, lots of earnings reports came out last night. And this is a prime time slot. So those of you that are participating right now, we thank you. I have a few comments before we start the formal presentation.

The last 60 days has stress tested every business in the world, especially the oil and gas business. We, as an industry, are managing the ripple effect of the initial increased oil supply from the Saudi Arabia, Russian Oil feud, which has been dialed back as of this month, coupled with the coronavirus

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