comstock out
Posted: Tue Jul 30, 2024 3:40 pm
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 !!
4.1 m in stock compensation for all their hard work per qtr >>> WTF
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 !!
4.1 m in stock compensation for all their hard work per qtr >>> WTF