Comstock Resources Inc. (NYSE:CRK)’s traded shares stood at 2.87 million during the last session, with the company’s beta value hitting 1.35. At the close of trading, the stock’s price was $16.81, to imply a decrease of -2.21% or -$0.38 in intraday trading. The CRK share’s 52-week high remains $22.11, putting it -31.53% down since that … Boom Or Bust: Where Is Comstock Resources Inc. (NYSE: CRK) Stock Headed Next? Read More »
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Comstock Resources with ticker code (CRK) now have 11 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 38 and 12 and has a mean target at 22.95. Now with the previous closing price of 16.22 this indicates there is a potential upside of 41.5%. The 50 day moving average now sits at 17.42 and the 200 day MA is 13.53. The company has a market capitalisation of $3,661m. Company Website: https://www.comstockresources.com [stock_market_widget type="chart" template="basic" color="green" assets="CRK" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $5,180m based on the market concensus. Comstock Resources, an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves.
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Comstock Resources Inc. (NYSE:CRK) marked $15.70 per share on Monday, down from a previous closing price of $16.22. While Comstock Resources Inc. has underperformed by -3.21%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CRK rose by 72.91%, with highs and lows ranging from $22.11 to […]
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The share price of Comstock Resources Inc. (NYSE:CRK) rose to $19.05 per share on Monday from $18.95. While Comstock Resources Inc. has overperformed by 0.53%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CRK rose by 120.23%, with highs and lows ranging from $22.11 to $6.88, […]
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Comstock Resources Inc. (NYSE:CRK) has a beta value of 1.33 and has seen 2.96 million shares traded in the last trading session. The company, currently valued at $4.68B, closed the last trade at $19.05 per share which meant it gained $0.1 on the day or 0.53% during that session. The CRK stock price is -16.06% … Shares In Comstock Resources Inc. (CRK) 135.48% Up, YTD Read More »
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Comstock Resources Inc. (NYSE:CRK) shares, rose in value on Thursday, 09/15/22, with the stock price down by -5.93% to the previous day’s close as strong demand from buyers drove the stock to $19.97. Actively observing the price movement in the last trading, the stock closed the session at $21.23, falling within a range of $19.53 … Comstock Resources Inc. (NYSE: CRK): Blank Check For Growth? Read More »
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A share of Comstock Resources Inc. (NYSE:CRK) closed at $19.94 per share on Monday, up from $18.78 day before. While Comstock Resources Inc. has overperformed by 6.18%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CRK rose by 148.63%, with highs and lows ranging from $22.11 […]
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day''s top analyst upgrades and downgrades included Adobe, Agnico Eagle Mines, Amgen, Barrick Gold, Comstock Resources, Enphase Energy, Huntsman, JD.com, Kinder Morgan, Lucid, Newmont, Okta, Starbucks, Union Pacific and Vale.
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In the last trading session, 1.93 million shares of the Comstock Resources Inc. (NYSE:CRK) were traded, and its beta was 1.33. Most recently the company’s share price was $18.78, and it changed around $0.4 or 2.18% from the last close, which brings the market valuation of the company to $4.29B. CRK currently trades at a … Comstock Resources Inc. (NYSE: CRK) Stock Forecast: Bullish Signals Pointing To $38.00 In 2022 Read More »
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Comstock Resources Inc. (NYSE:CRK) price on Thursday, September 08, rose 4.67% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $18.38. A look at the stock’s price movement, the close in the last trading session was $17.56, moving within a range at $17.557 and $18.60. The beta value … Comstock Resources Inc. (CRK): An Important Analyst Insights Read More »
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As of Tuesday, Comstock Resources Inc.’s (NYSE:CRK) stock closed at $18.12, down from $19.19 the previous day. While Comstock Resources Inc. has underperformed by -5.58%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CRK rose by 156.66%, with highs and lows ranging from $22.11 to $6.59, […]
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Comstock Resources found using ticker (CRK) now have 11 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 38 and 12 calculating the average target price we see 19.05. Now with the previous closing price of 18.89 this now indicates there is a potential upside of .8%. There is a 50 day moving average of 15.58 and the 200 moving average now moves to 12.75. The company has a market cap of $4,474m. You can visit the company''s website by visiting: https://www.comstockresources.com [stock_market_widget type="chart" template="basic" color="green" assets="CRK" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,512m based on the market concensus. Comstock Resources, an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves.
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In last trading session, Comstock Resources Inc. (NYSE:CRK) saw 3.39 million shares changing hands with its beta currently measuring 1.42. Company’s recent per share price level of $18.89 trading at -$0.71 or -3.62% at ring of the bell on the day assigns it a market valuation of $4.35B. That closing price of CRK’s stock is … Comstock Resources Inc. (NYSE:CRK) Shares Plunges -5.88% In A Week – But Can It Keep Rising? Read More »
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Photronics, Inc. (NASDAQ: PLAB ) fell 23% to $16.76. Photronics posted upbeat Q3 results, but issued weak outlook for the current quarter. Cross Timbers Royalty Trust (NYSE: CRT ) fell 17.8% to $20.23. Shares of several energy companies traded lower as the sector pulls back from recent gains amid raised concerns of aggressive interest rates hikes, which could pressure oil demand. Indonesia Energy Corporation Limited (NASDAQ: INDO ) dropped 16.6% to $7.64. REX American Resources Corporation (NYSE: REX ) dropped 13.9% to $28.95. The company reported upbeat quarterly earnings. AMTD Digital Inc. (NYSE: HKD ) fell 13.4% to $120.00. Melco Resorts & Entertainment Limited (NASDAQ: MLCO ) fell 10.6% to $5.43. Comstock Resources, Inc. … Full story available on Benzinga.com
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Overall, Jerry Jones, the major shareholder, invested more than $1 billion in Comstock Resources (CRK). Read more about his investment here.
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Comstock is on track to incur massive realized hedging losses in H2 2022. See why we believe CRK stock may be able to generate over $2B in positive cash flow.
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Comstock Resources with ticker code (CRK) now have 11 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 27 and 12 and has a mean target at 18.05. Now with the previous closing price of 18.48 this would imply there is a potential downside of -2.3%. The 50 day moving average now sits at 14.96 and the 200 moving average now moves to 12.3. The company has a market cap of $4,561m. Company Website: https://www.comstockresources.com [stock_market_widget type="chart" template="basic" color="green" assets="CRK" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,455m based on the market concensus. Comstock Resources, an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves.
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Former Tory Backer John Armitage Makes Donation to Keir Starmer (The Times) A hedge-fund manager who gave £3.1 million to the Conservatives has now made a personal donation of £12,500 to Sir Keir Starmer. The Labour leader has succeeded in securing the financial backing of John Armitage, co-founder of the hedge fund Egerton Capital. Armitage, […]
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U.S. stocks traded higher this morning, following the release of PPI data. The Dow traded up 0.66% to 33,530.83 while the NASDAQ rose 0.72% to 12,947.86. The S&P also rose, gaining, 0.66% to 4,238.00. Also check this: Market Volatility Declines Sharply As Dow Jumps Over 500 Points Leading and Lagging Sectors Energy shares climbed 2.2% on Thursday. Meanwhile, top gainers in the sector included Comstock Resources Inc (NYSE: CRK ), up 6% and Crescent Energy Co (NYSE: CRGY ) up 7%. In trading on Thursday, health care shares fell by 0.1%. Top Headline Producer prices dropped 0.5% month-over-month in July, following a revised 1% increase in the previous month and versus market expectations of a 0.2% rise. It is the first drop in the index in more than two years. Equities Trading UP Veru Inc (NASDAQ: VERU ) shares shot up 44% to $16.92 after the company reported Q3 earnings results. Shares of Matterport, Inc. (NASDAQ: MTTR ) got a boost, shooting 41% to $7.32 after … Full story available on Benzinga.
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U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping more than 100 points on Tuesday. The Dow traded down 0.34% to 32,720.07 while the NASDAQ fell 1.38% to 12,470.08. The S&P also fell, dropping, 0.62% to 4,114.40. Also check this: Tyson Foods, Take-Two Interactive And 3 Stocks To Watch Heading Into Monday Leading and Lagging Sectors Energy shares climbed 1.5% on Tuesday. Meanwhile, top gainers in the sector included Comstock Resources, Inc. (NYSE: CRK ), up 8% and Par Pacific Holdings, Inc. (NYSE: PARR ) up 8%. In trading on Tuesday, consumer discretionary shares fell by 1.7%. Top Headline U.S. non-farm labor productivity declined an annualized 4.6% in the second quarter compared to market estimates of a 4.7% decline. Unit labor costs in the US nonfarm business sector , meanwhile, jumped by 10.8% in the second quarter, following a revised 12.7% increase in the prior period and versus analysts’ estimates of a 9.5% increase. Equities Trading UP Verona Pharma plc (NASDAQ: VRNA ) shares shot up 37% to $9.51 after the company announced ensifentrine met its primary endpoint and secondary endpoints in …
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Gainers: Par Pacific Holdings (PARR) +10%. Comstock Resources (CRK) +9%. Range Resources Corporation (RRC) +8%. Losers: Vertex Energy (VTNR) -46%.
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U.S. stocks traded lower midway through trading, with the Nasdaq dropping around 1.5% on Tuesday. The Dow traded down 0.12% to 32,794.11 while the NASDAQ fell 1.54% to 12,450.29. The S&P also fell, dropping, 0.55% to 4,117.34. Also check this: Tyson Foods, Take-Two Interactive And 3 Stocks To Watch Heading Into Monday Leading and Lagging Sectors Energy shares climbed 1.4% on Tuesday. Meanwhile, top gainers in the sector included Comstock Resources, Inc. (NYSE: CRK ), up 8% and Par Pacific Holdings, Inc. (NYSE: PARR ) up 8%. In trading on Tuesday, consumer discretionary shares fell by 2%. Top Headline U.S. non-farm labor productivity declined an annualized 4.6% in the second quarter compared to market estimates of a 4.7% decline. Unit labor costs in the US nonfarm business sector , meanwhile, jumped by 10.8% in the second quarter, following a revised 12.7% increase in the prior period and versus analysts’ estimates of a 9.5% increase. Equities Trading UP Verona Pharma plc (NASDAQ: VRNA ) shares shot up 41% to $9.78 after the company announced ensifentrine met its primary endpoint and secondary endpoints in the Phase 3 ENHANCE-2 trial for COPD.
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Gainers: W&T Offshore (WTI) +19%. Amyris (AMRS) +15%. Losers: Permianville Royalty Trust (PVL) -7%. Comstock Resources (CRK) -6%.
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DENVER — U.S. oil producer Comstock Resources said it was facing about a 15% rise in oilfield costs, but was helping to offset inflation by switching to natural gas-powered equipment. The company activated a BJ Energy Solutions natural gas-powered frack fleet in April to offset higher costs for diesel used to power oilfield equipment. Comstock […]
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Wednesday’s top analyst upgrades and downgrades included Bluebird Bio, Caterpillar, Chesapeake Energy, Comstock Resources, Ford, Mosaic, On Semiconductor, Phillips 66, Plug Power, Ross Stores, Teva Pharmaceuticals, TJX Companies and Uber Technologies.
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CRK earnings call for the period ending June 30, 2022.
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The following slide deck was published by Comstock Resources, Inc.
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Comstock Resources, Inc. (NYSE:NYSE:CRK) Q2 2022 Earnings Conference Call August 2, 2022 11:00 AM ET Company Participants Jay Allison - Chairman & CEO Roland Burns - President & CFO…
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Comstock Resources with ticker code (CRK) now have 11 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 28 and 11.5 with the average target price sitting at 17.05. With the stocks previous close at 15.93 this now indicates there is a potential upside of 7.0%. The 50 day MA is 15.63 while the 200 day moving average is 11.76. The company has a market cap of $3,661m. Find out more information at: https://www.comstockresources.com [stock_market_widget type="chart" template="basic" color="green" assets="CRK" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,919m based on the market concensus. Comstock Resources, an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves.
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Comstock Resources press release (CRK): Q2 Non-GAAP EPS of $1.00 beats by $0.05.Revenue of $946.25M (+175.3% Y/Y) beats by $318.45M.Generated free cash flow from operations of…
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FRISCO, TX, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended June 30, 2022.
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Comstock Resources (CRK) is scheduled to announce Q2 earnings results on Monday, August 1st, after market close.The consensus EPS Estimate is $0.95 (+331.8% Y/Y) and the consensus…
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Comstock Resources (NYSE: CRK ) is set to give its latest quarterly earnings report on Monday, 2022-08-01. Here''s what investors need to know before the announcement. Analysts estimate that Comstock Resources will report an earnings per share (EPS) of $0.91. Comstock Resources bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for … Full story available on Benzinga.com
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Comstock Resources found using ticker (CRK) now have 10 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 28 and 12 and has a mean target at 18.2. Now with the previous closing price of 13.58 this would imply there is a potential upside of 34.0%. The 50 day moving average now sits at 15.59 and the 200 day moving average is 11.61. The company has a market capitalisation of $3,473m. Company Website: https://www.comstockresources.com [stock_market_widget type="chart" template="basic" color="green" assets="CRK" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,654m based on the market concensus. Comstock Resources, an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves.
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Upgrades For UDR Inc (NYSE: UDR ), Jefferies upgraded the previous rating of Hold to Buy. UDR earned $0.55 in the first quarter, compared to $0.47 in the year-ago quarter. At the moment, the stock has a 52-week-high of $61.06 and a 52-week-low of $42.00. UDR closed at $45.69 at the end of the last trading period. According to Raymond James, the prior rating for CBRE Group Inc (NYSE: CBRE ) was changed from Outperform to Strong Buy. In the first quarter, CBRE Group showed an EPS of $1.39, compared to $0.86 from the year-ago quarter. The stock has a 52-week-high of $111.00 and a 52-week-low of $67.68. At the end of the last trading period, CBRE Group closed at $81.26. Piper Sandler upgraded the previous rating for Comstock Resources Inc (NYSE: CRK ) from Underweight to Neutral. In the first quarter, Comstock Res showed an EPS of $0.51, compared to $0.25 from the year-ago quarter. The stock has a 52-week-high of $22.11 and a 52-week-low of $5.05. At the end of the last trading period, Comstock Res closed at $13.57.
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In last trading session, Comstock Resources Inc. (NYSE:CRK) saw 3.44 million shares changing hands with its beta currently measuring 1.33. Company’s recent per share price level of $13.57 trading at -$0.1 or -0.73% at ring of the bell on the day assigns it a market valuation of $3.05B. That closing price of CRK’s stock is … Comstock Resources Inc. (NYSE:CRK) Shares Surges 12.24% In A Week – But Can It Keep Rising? Read More »
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https://www.investing.com/news/pro/piper-sandler-downgrades-comstock-resources-to-underweight-432SI-2851496
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Thursday''s additional top analyst upgrades and downgrades included Compass, Comstock Resources, CSX, DHT, DocuSign, Ford and Palantir Technologies.
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https://www.investing.com/news/pro/update-citi-assumes-comstock-resources-at-buy-432SI-2850405
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Source: f11photo/Shutterstock.com We’re diving into all of the latest stock news on Monday with our breakdown of the biggest pre-market stock movers for today! Moving stocks this morning is FDA news, stock acquisition details, a clinical update, and more. Let’s get into that news below! Pre-Market Stock Movers: 10 Top Gainers Inpixon (NASDAQ: INPX ) stock is soaring more than 36% alongside heavy trading this morning. Nyxoah (NASDAQ: NYXH ) shares are surging over 27% due to positive news from the FDA . ComSovereign Holding (NASDAQ: COMS ) stock is gaining almost 26% despite a lack of news this morning. Phunware (NASDAQ: PHUN ) shares are climbing more than 24% following an update on a note sold to an investor . Digital World Acquisition (NASDAQ: DWAC ) stock is increasing over 18% following news that Elon Musk is no longer buying Twitter (NYSE: TWTR ). 9 Meters Biopharma (NASDAQ: NMTR ) shares are rising more than 12% on news of Blackrock (NYSE: BLK ) acquiring more of the company’s stock .
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On CNBC’s "Mad Money Lightning Round," Jim Cramer said Comstock Resources Inc (NYSE: CRK ) is a "very cheap stock." Cramer said Moderna Inc (NASDAQ: MRNA ) has now come down enough. "I would want to own Moderna. I do like Pfizer Inc (NYSE: Full story available on Benzinga.com
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Gainers: China Green Agriculture (CGA) +12%. Heliogen (HLGN) +10%. Fluence Energy (FLNC) +7%. TMC the metals company (TMC) +5%. Losers: Borr Drilling (BORR) -15%.
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FRISCO, TX, June 29, 2022 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release second quarter 2022 results on August 1, 2022 after the market closes and host its quarterly conference call at 10:00 a.m. CT on August 2, 2022 to discuss the second quarter results.
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The trading price of Comstock Resources Inc. (NYSE:CRK) floating higher at last check on Tuesday, June 21, closing at $15.24, 0.99% higher than its previous close. >> 5 Best Growth Stocks for 2022 << >> 5 Best Growth Stocks for 2022 << Traders who pay close attention to intraday price movement should know that it … Would I Consider Comstock Resources Inc. (NYSE: CRK) Stock Any Time In The Future? Read More »
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Comstock Resources found using ticker (CRK) have now 10 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 36 and 13 with the average target price sitting at 20. Given that the stocks previous close was at 16.33 this is indicating there is a potential upside of 22.5%. There is a 50 day moving average of 17.25 while the 200 day moving average is 11.14. The market capitalisation for the company is $3,515m. Find out more information at: https://www.comstockresources.com [stock_market_widget type="chart" template="basic" color="green" assets="CRK" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,304m based on the market concensus. Comstock Resources, an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves.
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Comstock Resources, Inc. (CRK) shares closed this week 24.8% lower than it did at the end of last week. The stock is currently up 86.5% year-to-date, up 135.8% over the past 12 months, and up 120.0% over the past five years. This week, the Dow Jones Industrial Average fell 4.8%, and the S&P 500 fell 5.7%. Trading Activity Shares traded as high as $19.39 and as low as $14.62 this week.Shares closed 31.8% below its 52-week high and 198.8% above its 52-week low.Trading volume this week was 3.7% higher than the 10-day average and 20.4% higher than the 30-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 9.6% lower than its 5-day moving average, 19.9% lower than its 20-day moving average, and 8.2% higher than its 90-day moving average.
Market Comparative Performance The company's share price lags the S&P 500 Index this week, beats it on a 1-year basis, and beats it on a 5-year basis The company's share price lags the Dow Jones Industrial Average this week, beats it on a 1-year basis, and beats it on a 5-year basis The company share price lags the performance of its peers in the Energy industry sector this week, beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 147.4% The company's stock price performance over the past 12 months beats the peer average by 301.1%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
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Comstock''s (CRK) finances improved significantly in 1Q due to high natural gas prices. See why I think it might be worth building a position in CRK stock.
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Comstock Resources found using ticker (CRK) now have 10 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 36 and 13 and has a mean target at 20.2. Now with the previous closing price of 20.06 this indicates there is a potential upside of .7%. The 50 day moving average now sits at 16.95 while the 200 day moving average is 10.87. The company has a market capitalisation of $4,260m. Visit the company website at: https://www.comstockresources.com [stock_market_widget type="chart" template="basic" color="green" assets="CRK" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,290m based on the market concensus. Comstock Resources, an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves.
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Over the past 3 months, 4 analysts have published their opinion on Comstock Res (NYSE: CRK ) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company''s business to predict how a stock will trade over the upcoming year. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 1 1 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 1 0 2M Ago 1 0 1 0 0 3M Ago 0 0 0 0 0 These 4 analysts have an average price target of $19.5 versus the current price of Comstock Res at $20.32, implying downside. Below … Full story available on Benzinga.com
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Comstock Resources found using ticker (CRK) now have 10 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 36 and 13 calculating the mean target price we have 20.2. Given that the stocks previous close was at 19.7 this would indicate that there is a potential upside of 2.5%. The day 50 moving average is 15.35 and the 200 day moving average is 10.19. The market capitalisation for the company is $4,810m. You can visit the company''s website by visiting: https://www.comstockresources.com [stock_market_widget type="chart" template="basic" color="green" assets="CRK" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,932m based on the market concensus. Comstock Resources, an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. As of December 31, 2021, the company had 6.1 trillion cubic feet of the natural gas equivalent of proved reserves.
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