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 2023 Comstock Resources Inc Earnings Call Transcript

Feb 14, 2024 / 04:00PM GMT
Release Date Price: $7.28 (-0.95%)
Operator

Thank you for standing by, and welcome to the Comstock Resources Fourth Quarter 2023 Earnings Conference Call. (Operator Instructions) As a reminder, today's program is being recorded.

And now I'd like to introduce your host for today's program, Jay Allison, Chairman and CEO. Please go ahead, sir.

Miles Jay Allison
Comstock Resources, Inc. - Chairman of the Board of Directors & CEO

On behalf of (added by company after the call) our corporate team of 255 strong, I want to thank you for joining the call this morning, and we wish you a Happy Valentine's today. Being a pure-play natural gas company in a sub $2 natural gas market calls for decisive actions to weather the volatility and at the same time, continue positioning Comstock to benefit from the longer-term growth in natural gas demand in the foreseeable future. America will need to deliver an additional 10 billion cubic feet of natural gas per day to the LNG facilities currently under construction in the next few years.

Actions taken so far as we batten down the hatches to protect our

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