Natural gas prices continue to slide in the quarter, as shown on Slide 6. Our average gas price decreased 9% in the fourth quarter to $3.40 per Mcf, as compared to $3.73 in the fourth quarter of 2010. For all of 2011, our average gas price decreased 10% to $3.91 per Mcf, as compared to $4.35 per Mcf in 2010. Our realized gas price is averaging 96% to 97% of the average NYMEX Henry Hub gas price index.Read the rest of this transcript for free on seekingalpha.com
Comstock Resources' CEO Discusses Q4 2011 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.