Comstock resources reports fourth quarter 2019 financial and operating results

Comstock resources, inc. reports fourth quarter 2019 financial and operating results.q4 earnings per share $0.19.q4 earnings per share estimate $0.22 -- refinitiv ibes data.q4 adjusted earnings per share $0.22 excluding items.qtrly total oil and gas sales $289.2 million versus $153.5 million.q4 revenue view $308.9 million -- refinitiv ibes data.comstock resources - produced 121.5 billion cubic feet of natural gas & 576,665 barrels of oil or 125.0 billion cubic feet of natural gas equivalent in q4.qtrly natural gas production averaged 1,321 million cubic feet per day, an increase of 293% yoy.comstock resources - oil production in q4 decreased to 6,268 barrels of oil per day from 9,155 barrels per day produced in q4 2018.comstock resources-q4 oil production decreased mainly due to expected production declines from bakken shale properties acquired in jones contribution.comstock resources- average realized natural gas price in q4, including hedging, decreased to $2.30 per mcf versus $3.28 per mcf realized in q4 2018.
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