Comstock Resources: Operating In The Swing Basin
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Comstock Resources benefits from low cash costs, but faces high drilling and completion costs in the Haynesville basin, leading to high DD&A expenses.
January 13, 2025 | 4:45 am
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Comstock Resources benefits from low cash costs but faces high drilling and completion costs in the Haynesville basin, leading to high DD&A expenses.
The article highlights the financial dynamics of Comstock Resources, focusing on the cost structure in the Haynesville basin. While low cash costs are beneficial, the high drilling and completion costs, along with elevated DD&A expenses, could neutralize short-term stock price movements. Investors should monitor how the company manages these costs.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100