CRK News and Press, Comstock Resources Inc. From 03/12/24

2024-03-12 16:56:49 ET Summary Comstock Resources is facing challenges due to an oversaturated natural gas market and record-breaking warm winter temperatures. The company and other producers have responded to low natural gas prices by reducing production and implementing capex cu...

2024-02-22 17:44:06 ET Summary Chesapeake Energy Corporation is playing the role of OPEC with its capex reduction and production curtailment announcement. Chesapeake is, however, building up TILs giving it optionality to increase production when natural gas prices recover. At ...

2024-02-21 16:45:37 ET More on Chesapeake Energy Chesapeake Energy And Southwestern Energy: A Big Bet On Big Savings Chesapeake Energy Faces Near-Term Headwinds And May Have A Strong H2 2024 Chesapeake Energy: Maintaining A Sell Rating In Light Of Natural Gas Price E...

2024-02-21 14:00:28 ET More on Energy Select Sector SPDR ETF United States: Global Petroleum Superpower - So What's Ailing Exxon And Chevron? U.S. And Global Energy: Macro Themes, Tech And Infrastructure Why Buffett Keeps Buying Energy Hand Over Fist: XLE Implication...

2024-02-19 08:32:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-02-16 10:56:56 ET Summary EQT Corp. is a low-cost US natural gas producer and the largest independent producer in the country. The company exceeded expectations in Q4 2023, producing more natural gas than anticipated with CAPEX below expectations. EQT has a strong balance...

2024-02-15 21:15:32 ET More on Antero Resources and EQT Corp. Antero Resources: Let Us Talk About Natural Gas And Winter Antero Resources: Who Cares About A Mild Winter EQT Corp.: Recent Acquisitions Align With Its Long-Term Growth EQT Corp.: Surprise, It Is ...

2024-02-14 15:11:06 ET Comstock Resources, Inc. (CRK) Q4 2023 Earnings Conference Call February 14, 2024, 11:00 AM ET Company Participants Jay Allison - Chairman and Chief Executive Officer Roland Burns - President and Chief Financial Officer Daniel Harrison - Ch...

2024-02-14 12:59:05 ET Summary Comstock Resources, Inc. has suspended its dividend and is going from seven rigs to five rigs. This helps reduce its projected 2024 cash burn, but it still may end up with close to $200 million in cash burn at current strip prices. Comstock appea...

2024-02-14 08:00:00 ET Summary Comstock Resources reduces activity in response to poor natural gas pricing, dropping 2 rigs and 1 frac crew. The 2024 capital program is smaller than expected and we see as essentially free cash flow neutral on a $2.50 gas price deck. We view th...