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Comstock Resources: Operating In The Swing Basin
Seeking Alpha· 2025-01-13 04:33
I analyze oil and gas companies like Comstock Resources and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first, and they get analysis on some companies that is not published on the free site. Interested? Sign ...
Comstock Fuels Executes License Agreement With Gresham's Eastern Ltd
Newsfilter· 2024-12-30 21:30
VIRGINIA CITY, Nev., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") today announced the execution of a binding agreement between Comstock Fuels Corporation ("Comstock Fuels") and Gresham's Eastern (Pvt) Ltd ("Gresham's"), a leading sustainable energy engineering, equipment and construction company based in Pakistan, under which Comstock Fuels agreed to grant Gresham's exclusive project and site development rights in Pakistan to enable Gresham's to deploy Comstock ...
Comstock Fuels Executes License Agreement With Gresham's Eastern Ltd
GlobeNewswire News Room· 2024-12-30 21:30
VIRGINIA CITY, Nev., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced the execution of a binding agreement between Comstock Fuels Corporation (“Comstock Fuels”) and Gresham’s Eastern (Pvt) Ltd (“Gresham’s”), a leading sustainable energy engineering, equipment and construction company based in Pakistan, under which Comstock Fuels agreed to grant Gresham’s exclusive project and site development rights in Pakistan to enable Gresham’s to deploy Comstock ...
Comstock Fuels and Emerging Fuels Technology Advance SAF and Other Renewable Fuel Yields
Newsfilter· 2024-12-23 12:30
VIRGINIA CITY, Nev., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") announced today that its wholly-owned subsidiary, Comstock IP Holdings LLC, has executed a Technology Cooperation Agreement ("TCA") with Oklahoma-based Emerging Fuels Technology, Inc. ("EFT"). Under this agreement, Comstock and EFT will enter into a Master License Agreement, supported by ongoing EFT technical development, to integrate EFT's gas-to-liquids process ("GTL" and "EFT Process") into Com ...
Comstock Sells Northern Mining Targets to Mackay Precious Metals Inc.
Newsfilter· 2024-12-20 12:30
VIRGINIA CITY, Nev., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" and the "Company") today announced it has executed a Membership Interest Purchase Agreement (the "MIPA") to sell 100% of the northernmost patented and unpatented mining claims, mineral exploration rights and town lots (the "Northern Targets") currently owned by Comstock's wholly-owned subsidiary Comstock Northern Exploration, LLC., plus all of the 25% issued and outstanding membership interest that Comstock owns in ...
Comstock Fuels Awarded $3 Million Fuel Incentive from Oklahoma
Newsfilter· 2024-12-17 11:00
VIRGINIA CITY, Nev., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock" or the "Company") today announced that Comstock Fuels Corporation, ("Comstock Fuels"), an industry leader in extremely high yielding advanced lignocellulosic biomass refining solutions, including sustainable aviation fuel ("SAF"), renewable diesel, and other fuels, has been approved for a $3,000,000 incentive award from the Oklahoma Department of Commerce's Quick Action Closing Fund. Under the terms of the agreement ...
Comstock Resources Continues To Burn Cash
Seeking Alpha· 2024-11-01 12:23
Core Insights - The article promotes a free two-week trial for the investment group Distressed Value Investing, which provides exclusive research on various companies and investment opportunities [1] - The group focuses on value opportunities and distressed plays, particularly in the energy sector, led by analyst Aaron Chow, who has over 15 years of analytical experience [2] Group 1 - Distressed Value Investing offers access to a portfolio of historic research, including over 1,000 reports on more than 100 companies [1] - Aaron Chow, a top-rated analyst, co-founded a mobile gaming company that was acquired by PENN Entertainment and has experience in designing economic models for mobile apps with over 30 million installs [2] - The investment group emphasizes both value opportunities and distressed investments, with a significant focus on the energy sector [2]
Comstock Inc. (LODE) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-10-22 12:15
Comstock Inc. (LODE) came out with a quarterly loss of $0.03 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.06, delivering a surprise of -50%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Comstock Inc., which belongs to the Zacks ...
Comstock Announces Third Quarter 2024 Results and Corporate Updates
GlobeNewswire News Room· 2024-10-22 10:00
VIRGINIA CITY, Nev., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock,” “our,” and the “Company”) today announced its third quarter 2024 results, certain business and investment updates and an updated business outlook, with significant progress from each business, corporate and collectively across the system. “Our fuels and metals businesses have commercial validation of their plans,” stated Corrado De Gasperis, Comstock’s Executive Chairman and Chief Executive Officer. “Our business ...
Comstock to Add AI Materials to Its Portfolio With GenMat Buyout
ZACKS· 2024-10-08 15:55
Group 1: Acquisition and Strategic Goals - Comstock Inc. has acquired substantially all of Quantum Generative Materials LLC's equity, including its AI material discovery platform and related assets, aiming to decarbonize energy and enhance shareholder value through innovative energy solutions [1][2] - The acquisition allows Comstock to develop and commercialize GenMat's physics-based AI products and services, primarily focused on material discovery for energy decarbonization [2][4] Group 2: Technology and Development - GenMat's AI technology, similar to OpenAI's ChatGPT, produces atoms, molecules, and physical systems for materials applications, leveraging physics and chemistry knowledge, with a goal to advance from Technology Readiness Level 3 to TRL 6 [3] Group 3: Financial Performance - In Q2 2024, Comstock reported a loss of 6 cents per share, which is wider than the Zacks Consensus Estimate of a 4-cent loss, and compared to a loss of 5 cents per share in the same quarter last year [5] - Comstock's revenue for the quarter ended June 2024 was $0.44 million [5] Group 4: Stock Performance - Comstock's stock has increased by 13.9% over the past year, lagging behind the industry growth of 49.7% [6]