Guess Who Hit The ‘Jackpot’ Due To Texas Power Outage?

Videos by OutKick

Jerry Jones might not be able to win a Super Bowl in the 21st century, but the guy sure knows how to Hoover-vac the Benjamins during a historic weather event in Texas. Jerry the Businessman is said to have cashed in this week via his Comstock Resources Inc. company that has been selling gas from wells in East Texas and northern Louisiana at jacked up prices due to incredible demand, according to the Dallas Morning News.

The billionaire owner of the Dallas Cowboys is said to have sold gas via Comstock “for between $15 and $179 per thousand cubic feet.”

“This week is like hitting the jackpot with some of these incredible prices,” Comstock chief financial officer Roland Burns said Wednesday on an earnings call. “Frankly, we were able to sell at super premium prices for a material amount of production.”

While it’s unclear how much Comstock will profit off the gas sales, as of 2019 Jones had sunk $1.1 billion into the company. Reuters reported that same year that Jerry “has repeatedly stated that he ultimately hopes to sell Comstock to a larger integrated major, an exporter, or a utility, a person familiar with his plans said.”

CNBC and/or Fox Business will have to get to the bottom of Jerry’s financial haul this week, but it’s clear this genius had been preparing for his moment to strike. Let’s go back to what he told in November 2019.

“The gas in Haynesville is the best-cost hydrocarbons in the industry,” Jones told the site. “My immediate plan is to continue to aggregate long-term reserves to have the most efficient source of natural gas.”

Jerry might not be able to figure out how much he’s willing to pay Dak to stay around for the next 15 years, but he sure knows a gas play when he sees one.

Written by Joe Kinsey

Joe Kinsey is the Senior Director of Content of OutKick and the editor of the Morning Screencaps column that examines a variety of stories taking place in real America.

Kinsey is also the founder of OutKick’s Thursday Night Mowing League, America’s largest virtual mowing league.

Kinsey graduated from University of Toledo.


Leave a Reply
  1. That’s how the rich get richer…wait for some chaotic event. At least this one was more real than the rich getting richer from a fake pandemic.

    That said the whole energy situation in Texas seems to be a cluster now….but that’s what happena when a once in 100 year cold hits there.

  2. The rich get richer because they take risks. They put their own money on the line to invest in companies that may or may not succeed. He didn’t manipulate the gas prices, the market did.

    And yes, there are the Al Gore’s and the Fauci’s who manufacturer crisis to build mega wealth from their lies. THOSE people are despicable.

  3. This story was all over the sports sites yesterday to paint a picture of how evil Jones is far making money, yet they celebrate every mega contract signed by athletes…what a double standard. They are not fooling anyone, we know what their agenda is.

Leave a Reply