8.56 -0.15 (-1.71%)
After hours: 4:11PM EDT
|Bid||8.00 x 1300|
|Ask||8.75 x 1800|
|Day's Range||8.23 - 8.77|
|52 Week Range||4.01 - 12.32|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.73|
Comstock Resources, Inc. ("Comstock" or the "Company") (CRK) announced today that in connection with closing the recently completed contribution by Arkoma Drilling, L.P. and Williston Drilling, L.P., entities owned by Jerry Jones and his family, that its Board of Directors is being reduced from the current nine members to five members. M. Jay Allison, Roland O. Burns, Elizabeth B. Davis, Morris E. Foster and Jim L. Turner, will continue to serve on the Company`s Board of Directors. Cecil E. Martin, David W. Sledge, David K. Lockett and Frederic D. Sewell are retiring from the Board of Directors. Jay Allison will continue to serve as Chairman of the Board of Directors and Jim Turner will assume the role of Lead Director.
COMSTOCK RESOURCES, INC. ANNOUNCES CLOSING OF CONTRIBUTION AGREEMENT WITH JERRY JONES AND COMPREHENSIVE REFINANCING TRANSACTIONS FRISCO, TEXAS, AUGUST 14, 2018 - Comstock Resources, Inc. ("Comstock" ...
Comstock (CRK) delivered earnings and revenue surprises of 1.27% and -1.45%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, NY / ACCESSWIRE / August 8, 2018 / Comstock Resources, Inc. (NYSE: CRK ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 8, 2018 at 11:00 AM Eastern Time. ...
On a per-share basis, the Frisco, Texas-based company said it had a loss of $2.22. Losses, adjusted for non-recurring costs, came to 78 cents per share. The results surpassed Wall Street expectations. ...
Comstock Resources, Inc. ("Comstock" or the "Company") (CRK) announced today that it closed the previously announced acquisition of North Louisiana properties from Enduro Resource Partners LLC after the Final Sales Order was approved by the United States Bankruptcy Court for the District of Delaware. The North Louisiana properties consist of approximately 21,000 gross acres (9,900 net) primarily in Caddo and DeSoto Parishes in Louisiana and include 120 (26.2 net) producing natural gas wells, 49 (14.7 net) of which produce from the Haynesville shale. The final adjusted purchase price was $37 million which included costs of four (1.1 net) recently completed Haynesville shale wells incurred after the effective date of the sale of January 1, 2018. The acquired properties are producing approximately 26 million cubic feet per day of natural gas and have estimated proved reserves of 288 Bcfe.
Oil prices have recovered from three year lows recently amid dwindling supplies and higher export demand – and the outlook for the rest of the year is positive. Crude stocks, other than the U.S. Strategic Petroleum Reserve, are at two-year lows due to greater demand and an effort on the part of oil producers to limit supply. The International Energy Agency says oversupply appears to be ending and OPEC and 10 other producers cut a deal in December to extend production limits through the end of 2018.
Ahead of today's trading session, WallStEquities.com scans Gastar Exploration Inc. (NYSE AMER: GST), Gran Tierra Energy Inc. (NYSE AMER: GTE), Crescent Point Energy Corp. (NYSE: CPG), and Comstock Resources Inc. (NYSE: CRK). Houston, Texas-based Gastar Exploration Inc.'s shares recorded a trading volume of 52.15 million shares last Friday, which was above their three months average volume of 2.57 million shares.
NEW YORK, July 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Hormel ...
Comstock Resources, Inc. ("Comstock" or the "Company") (CRK) announced today that its wholly-owned subsidiary, Comstock Escrow Corporation (the "Escrow Issuer"), has priced its previously announced offering of $850 million in aggregate principal amount of 9.75% new senior unsecured notes due 2026 (the "Senior Notes"). Upon release of the funds from escrow, the Company intends to use the net proceeds from the sale of the Senior Notes, together with borrowings under the Company`s new senior secured revolving credit facility and cash on hand, to retire all of its existing debt as part of its refinancing plan and to pay fees and expenses in connection therewith.
COMSTOCK RESOURCES, INC. ANNOUNCES HAYNESVILLE SHALE ACQUISITION FRISCO, TEXAS, July 19, 2018 - Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that ...
COMSTOCK RESOURCES, INC. ANNOUNCES SECOND QUARTER 2018 EARNINGS DATE AND CONFERENCE CALL INFORMATION FRISCO, TEXAS, July 17, 2018 -- Comstock Resources, Inc. (NYSE:CRK) announces its plan to release second ...
Investors were spooked by forecasts of cooler-than-normal weather that could lead to decrease in natural gas demand for air-conditioning.
Moody's Investors Service (Moody's) upgraded Comstock Resources, Inc.'s (Comstock) Corporate Family Rating (CFR) to B3 from Caa2 and its Probability of Default Rating (PDR) to B3-PD from Caa2-PD. Concurrently, Moody's assigned a Caa1 rating to Comstock Escrow Corporation's proposed $850 million of senior unsecured notes due 2026. Comstock Escrow Corporation is issuing the new bonds in conjunction with Comstock's new $700 million borrowing base RBL revolving credit facility due 2023 (unrated).
Comstock Resources, Inc. ("Comstock" or the "Company") (CRK) announced today that it is commencing a tender offer (the "Tender Offer") with respect to any and all of its outstanding Senior Secured Toggle Notes due 2020 (the "Toggle Notes"), 7.75% Convertible Secured PIK Notes due 2019 (the "2019 Convertible Notes"), 9.50% Convertible Secured PIK Notes due 2020 (the "2020 Convertible Notes", and together with the 2019 Convertible Notes, the "Convertible Notes"), 10% Senior Secured Notes due 2020 (the "10% 2020 Notes"), 7.75% Senior Notes due 2019 (the "2019 Senior Notes") and 9.50% Senior Notes due 2020 (the "2020 Senior Notes", and together with the Toggle Notes, the Convertible Notes, the 10% 2020 Notes and the 2019 Senior Notes, the "Notes").
COMSTOCK RESOURCES, INC. ANNOUNCES PROPOSED $850 MILLION PRIVATE OFFERING OF SENIOR UNSECURED NOTES DUE 2026 FRISCO, TEXAS, July 13, 2018 - Comstock Resources, Inc. ("Comstock" or the "Company") ...
COMSTOCK RESOURCES, INC. ANNOUNCES COMMITMENT FOR NEW REVOLVING CREDIT FACILITY FRISCO, TEXAS, July 10, 2018 - Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced ...