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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Q4 2021 Comstock Resources Inc Earnings Call Transcript

Feb 16, 2022 / 04:00PM GMT
Release Date Price: $7.3
Operator

Thank you for standing by, and welcome to Comstock Resources Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. (Operator Instructions) Please be advised that today's conference may be recorded. Should you require any further assistance, please press star zero. I would now like to hand the conference over to your host, Chairman and CEO Jay Allison. Please go ahead.

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

Thanks for that introduction. On behalf of the 204-205 Comstock employees and the Board of Directors, I'll make a few opening comments, and then we'll go to the results. First, Comstock's shift, I think as Ron Mills has talked about to the analysts, I think Comstock's shift to longer laterals, the 10,500-foot laterals in 2022 versus the 8,800-foot laterals in 2021, you should all know that it's expected to create a great value on a per well basis going forward. We have better cost efficiencies. We should have a

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