Reports Q2 revenue $246.83M, consensus $296.69M. The company said, “Comstock’s production cost per Mcfe in the second quarter averaged $0.84 per Mcfe, which was comprised of $0.38 for gathering and transportation costs, $0.27 for lease operating costs, $0.14 for production and other taxes and $0.05 for cash general and administrative expenses. Comstock’s unhedged operating margin was 50% in the second quarter of 2024 and 61% after hedging.”
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