Comstock Resources Inc (NYSE:CRK)
$ 10.15 -0.15 (-1.46%) Market Cap: 2.97 Bil Enterprise Value: 5.81 Bil PE Ratio: 46.14 PB Ratio: 1.21 GF Score: 45/100
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Q3 2021 Comstock Resources Inc Earnings Call Transcript

Nov 03, 2021 / 03:00PM GMT
Release Date Price: $9.55 (-2.85%)
Operator

Today's conference is scheduled to begin shortly. Please continue to standby. Thank you for your patience.

Gooday. Thank you for standing by, and welcome to the Q3 2021 Comstock Resources, Inc. Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. (Operator Instructions) I would now like to hand the conference over to your speaker today, Mr. Jay Allison, Chairman and CEO. The floor is yours.

Jay Allison

Thank you, everyone. It's a little rainy outside of Frisco, Texas, I guess winter's in the air coming our way. What a great time to be in the natural gas business, especially in the Haynesville. I want to have a couple of opening statements before we start the actual third quarter of 2021 results.

With our Bakken properties under contract for that $154 million, which most of you are aware of, and closing expected in the coming weeks, we did preannounce that we would accelerate completion activity on the $9.4 net Haynesville wells this year to

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