Comstock Holdings has transformed into a fee-based, asset-light model, driving consistent net income and margin growth since 2018. The company boasts robust recurring revenue, high insider ownership, and zero debt, but funds growth through share dilution rather than leverage. Valuation is compelling: Comstock trades at a steep discount to sector peers despite strong operational and financial performance.
Comstock Resources' Western Haynesville wells deliver 50% higher flow rates than legacy acreage. Lower land costs in Western Haynesville position Comstock as a potential low-cost gas producer. At $400 per acre, Western Haynesville land costs are negligible compared to the $60K per acre seen in the Permian.
CHCI reports a significant year-over-year surge in Q1 earnings per share, driven by fee-based revenue growth and strong leasing momentum, partly offset by rising costs.
Comstock Resources, Inc. reported an excellent Q1 due to a rally in natural gas prices. The well, drilled on newly acquired acreage, while exceeding average Haynesville production. Western Haynesville's strategic location offers excellent access to export facilities.
Upgrading Comstock Resources, Inc. from Sell to Buy due to higher natural gas prices and promising Western Haynesville acreage. Increased disclosure on the Western Haynesville acreage means it's no longer appropriate to value CRK based solely on current free cash flow. Western Haynesville acreage offers significant growth potential, making CRK an attractive investment for those bullish on LNG exports and gas demand.
CRK's first-quarter earnings are expected to have been bolstered by robust production from its lucrative assets, with effective cost management providing additional support.
CHCI reports strong Q4 earnings with 54% revenue growth, boosted by robust leasing activity and continued expansion of its ParkX Management subsidiary despite elevated operating costs.
Comstock Inc. (NYSE:LODE ) Q4 2024 Earnings Conference Call March 6, 2025 4:30 PM ET Company Participants Trevor Brucato - RB Milestone Group Corrado De Gasperis - Executive Chair Chief & Executive Officer Billy McCarthy - Chief Operating Officer Conference Call Participants Trevor Brucato Welcome, investors, analysts and other stakeholders to Comstock's 2024 Annual Results and Business Update. This is Trevor Brucato with RB Milestone Group, Comstock's US-based Investor Relations firm.
MPC partners with Comstock Fuels to advance biomass refining, unlocking sustainable fuel solutions for the future.
Comstock Inc. (LODE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Comstock Resources operates in the high-cost Haynesville dry gas basin. The company's earnings were impacted by unrealized derivative losses. Derivative contracts are an opportunity cost for guaranteed cash flow, with actual gains or losses determined upon contract settlement.
Comstock Resources benefits from low cash costs. Haynesville wells are very expensive to drill and complete. Comparatively high DD&A costs highlight the expensive nature of Haynesville wells.