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Stock impact report

Why I Prefer Comstock Over CNX Resources [Seeking Alpha]

Comstock Resources, Inc. (CRK) 
Last comstock resources, inc. earnings: 2/26 04:30 pm Check Earnings Report
Company Research Source: Seeking Alpha
Management's preference for share repurchases over deleveraging leaves CNX with a 2.0 debt ratio, above the industry-preferred 1.6. Temporary industry tailwinds from higher gas prices and cold weather do not offset CNX's long-term risk profile. I prioritize companies with prudent balance sheets and proven management, such as Comstock Resources and Headwater Exploration. Comstock Resources has a likely long-term benefit from the Western Haynesville discovery that is in addition to higher anticipated natural gas prices. This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More » KJ Sullivan/iStock via Getty Images CNX Resources ( CNX ) has long been a company that I prefer to avoid. The whole situation began with the take-under of CNX Midstream years ago. As I noted in one of my past articles, CNXM More on my IG service I analyze oil and gas companies like CNX Resources & Comstock Resources and related com Show less Read more
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