Comstock ResourcesNYSE: CRK

Comstock Resources, Inc. (NYSE:CRK ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Jay Allison - Chairman and CEO Roland Burns - President and CFO Daniel Harrison - COO Ronald Mills - VP of Finance and IR Conference Call Participants Carlos Escalante - Wolfe Research Charles Meade - Johnson Rice Jacob Roberts - TPH & Co Noel Parks - Tuohy Brothers Investment Research Bertrand Donnes - Truist Geoff Jay - Daniel Energy Partners Paul Diamond - Citi Operator Good day, and thank you for standing by. Welcome to the Third Quarter 2024 Comstock Resources Earnings Call.

Comstock Resources (CRK) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to earnings of $0.04 per share a year ago.

24/7 Wall St. Insights There were notable insider purchases in a handful of energy companies last week, as well as at a leading fintech firm and a casino operator.

Comstock Resources, Inc. (NYSE:CRK ) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Jay Allison - Chairman and CEO Roland Burns - President and CFO Dan Harrison - COO Ron Mills - VP of Finance and IR Conference Call Participants Carlos Escalante - Wolfe Research Jacob Roberts - TPH & Company Charles Meade - Johnson Rice Bertrand Donnes - Truist Kevin McCurdy - Pickering Energy Partners Leo Mariani - ROTH Neil Mehta - Goldman Sachs Phillips Johnston - Capital One Securities Noel Parks - Tuohy Brothers Investment Research Paul Diamond - Citi Gregg Brody - Bank of America Geoff Jay - Daniel Energy Partners Operator Thank you for standing by and welcome to Comstock Resources Second Quarter 2024 Earnings Conference Call. [Operator Instructions] I would now like to hand the call over to Jay Allison, Chairman and CEO.

Comstock Resources (CRK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Comstock Resources (CRK) reported a quarterly loss of $0.03 per share, which was better than the expected loss of $0.08 per share according to the Zacks Consensus Estimate. This is a decrease from earnings of $0.33 per share in the same quarter last year.

Yet again, the Oracle of Omaha has bolstered his stake in a media giant's tracking stocks.

Its majority owner, Jerry Jones, has injected more than $100 million into the company. This strengthens his already considerable Comstock equity holding.

This natural gas producer recently suspended its dividend.