comstock out

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

comstock out

Post by Fraser921 »

https://investors.comstockresources.com/static-files/0607660f-0fa8-4ef7-a2ba-e5822b454967

Negative FCF of -113.7 m


They lost 85,804 on their hedges >> How the hell did they do that? Answer they sold 2025 and use some of that to show better numbers in 2024

Total Net Debt / LTM EBITDAX (1) 3.4x. covenant violation at 3.5 x

9.61.x 10.00 in after hours, uber losses !! :o

4.1 m in stock compensation for all their hard work per qtr >>> WTF
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