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0.000129224652087527 0.00248508946322071 -0.00173956262425448 -0.00124254473161027 0.0241848906560636 0.0360337972166999 0.0288270377733598 0.0173956262425448
Stock impact report

COMSTOCK RESOURCES, INC. REPORTS FOURTH QUARTER 2024 FINANCIAL AND OPERATING RESULTS [Yahoo! Finance]

Comstock Resources, Inc. (CRK) 
Last comstock resources, inc. earnings: 2/26 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
reported financial and operating results for the quarter and year ended December 31, 2024. Highlights of 2024 's Fourth Quarter Natural gas and oil sales, including realized hedging gains, were $336 million. Operating cash flow was $223 million or $0.76 per share. Adjusted EBITDAX for the quarter was $252 million. Adjusted net income was $46.3 million or $0.16 per share for the quarter. Six successful wells were turned to sales in the Western Haynesville with an average daily initial production rate of 40 MMcf per well. Added over 64,000 net acres in the Western Haynesville, increasing total acreage in the play to 518,000 net acres. Financial Results for the Three Months Ended December 31, 2024 Comstock produced 124.2 Bcfe in the fourth quarter as compared to 140.6 Bcfe in the fourth quarter of 2023. The lower production in the quarter was related to the decision to drop two operated rigs in early 2024 and to defer completion activity in the third quarter of 2024. Co Show less Read more
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