Previous close | 0.2000 |
Open | 0.2300 |
Bid | 0.1500 |
Ask | 0.2500 |
Strike | 17.00 |
Expiry date | 2025-01-17 |
Day's range | 0.2000 - 0.2300 |
Contract range | N/A |
Volume | |
Open interest | 220 |
Comstock (CRK) delivered earnings and revenue surprises of 62.50% and 13.46%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
CRK Reports a Net Loss in Q1, Despite Increased Production and Strategic Acquisitions
FRISCO, TX, May 01, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended March 31, 2024. Highlights of 2024's First Quarter Continued weak natural gas prices weighed heavily on the first quarter results.Natural gas and oil sales, including realized hedging gains, were $336 million.Operating cash flow was $182 million or $0.65 per diluted share.Adjusted EBITDAX for the quarter was $230 mill