comstock

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Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

comstock

Post by Fraser921 »

Absolute carnage. down 10.7 % today

If you like the Cowboys and NG outlook, might be time to consider it
dan_s
Posts: 37306
Joined: Fri Apr 23, 2010 8:22 am

Re: comstock

Post by dan_s »

Comstock is going to report very good Q4 results: Net income over $300 million and operating cash flow over $500 million.

Even if HH ngas averages $5.00 in 2023, Comstock should generate close to $2 billion ($7.00 per share) of operating cash flow next year.

It has a strong balance sheet and incredible "running room" in arguably the best natural gas field in the US due to its location and very high production rates.
Dan Steffens
Energy Prospectus Group
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