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Stock impact report

Comstock Resources: Divestitures Boost Its Liquidity, But Production Performance Remains Underwhelming [Seeking Alpha]

Comstock Resources, Inc. (CRK) 
Last comstock resources, inc. earnings: 2/26 04:30 pm Check Earnings Report
Company Research Source: Seeking Alpha
Comstock announced $445 million in divestitures that boost its liquidity without giving up much current production. Unhedged corporate breakeven point is estimated at $4.25 NYMEX natural gas with a maintenance capex budget and a mixed Western Haynesville / legacy Haynesville development focus. halbergman/iStock via Getty Images Comstock Resources ( CRK ) has improved its liquidity through $445 million in recently announced divestitures . It is continuing to invest heavily in the Western Haynesville, although I believe it still needs to significantly improve capital More on my IG service Free Trial Offer We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies. Note: The free trial offer is valid only for people who have not subscribed Show less Read more
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