Haynesville Shale pure-play Comstock Resources Inc. scored in the third quarter, lifted by strong natural gas prices and by selling 15% of output directly to LNG shippers on the Gulf Coast.

The Frisco, TX-based independent gained leverage with 70% of its natural gas sold in “high value” Gulf Coast markets, including the liquefied natural gas exporters, CEO Jay Allison said. 

The company “posted the greatest quarterly results in our 30-plus-year history as a public company, with our revenues almost exclusively coming from selling natural gas,” he told analysts. 

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Revenues after hedging came in at $692 million during 3Q2022, which was 76%...