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Comstock Resources Inc (CRK.N)

CRK.N on New York Stock Exchange

8.85USD
4:02pm EDT
Change (% chg)

$-0.28 (-3.07%)
Prev Close
$9.13
Open
$9.06
Day's High
$9.14
Day's Low
$8.81
Volume
66,466
Avg. Vol
111,045
52-wk High
$13.40
52-wk Low
$2.65

Latest Key Developments (Source: Significant Developments)

Whitebox Advisors reports a 6.8 pct stake in Comstock Resources
Monday, 6 Feb 2017 06:07pm EST 

Comstock Resources Inc :Whitebox Advisors LLC reports a 6.8 percent passive stake in Comstock Resources Inc as of January 27, 2017 - SEC filing.  Full Article

Comstock Resources revises its capital budget for 2017 to $168.5 million
Monday, 9 Jan 2017 05:51pm EST 

Comstock Resources Inc - :Entered joint development venture that will target Haynesville Shale; revised its capital budget for 2017 to $168.5 million.  Full Article

Senator Investment Group reports 7.32 pct passive stake in Comstock Resources
Friday, 23 Sep 2016 04:10pm EDT 

Comstock Resources Inc ::.  Full Article

Carl Westcott reports 7.68 pct stake in Comstock Resources
Tuesday, 6 Sep 2016 05:26pm EDT 

Comstock Resources Inc :Carl Westcott reports 7.68 pct stake in Comstock Resources as of August-Sec filing.  Full Article

Comstock Resources posts Q2 earnings per share of $0.41
Monday, 1 Aug 2016 09:10am EDT 

Comstock Resources Inc : Q2 earnings per share $0.41; Q2 loss per share $4.05 excluding items; Q2 oil and gas sales $40.7 million versus $77.3 million . At current oil prices, operating cash flow not sufficient to cover fixed debt service costs; capex funded with asset sales or cash . Sees oil production in 2016 will be about 3,800-4,100 bpd and its natural gas production will average 130-145 mmcf per day . Produced 13.5 bcf of natural gas and 355,000 barrels of oil or 15.6 bcfe in Q2 .Oil and gas production in 2017 would continue to decline from 2016 to 2,800-3,100 bpd and 90 to 100 mmcf of natural gas per day.  Full Article

Comstock resources announces 1 for 5 reverse stock split
Wednesday, 20 Jul 2016 04:20pm EDT 

Comstock Resources Inc : Number of authorized shares of company's common stock will be decreased from 250 million to 50 million . Comstock Resources Inc says number of outstanding shares will be reduced from approximately 62.5 million to approximately 12.5 million .Comstock Resources, Inc. Announces 1 for 5 reverse stock split.  Full Article

Comstock Resources says continued listing plan accepted by NYSE
Friday, 27 May 2016 08:08am EDT 

Comstock Resources Inc :NYSE has notified company that it has accepted Comstock's business plan for continued listing on NYSE.  Full Article

Comstock Resources Inc announces divestiture of Burleson County Properties
Wednesday, 1 Jul 2015 08:00am EDT 

Comstock Resources Inc:Says deal for a sale price of about $115.0 million.Says currently intends to continue to add additional hedges as opportunities develop.Properties being sold are producing about 1,900 barrels of oil per day and 5.5 million cubic feet per day of natural gas.Says Comstock intends to use the proceeds from the sale to fund its 2015 drilling program.Revised 2015 oil production guidance to 9,000 to 9,500 barrels per day, natural gas production guidance to 125 to 150 mmcf per day.Says company expects to realize a pre-tax loss on the divestiture ranging from $100.0 to $110.0 million.Added about 10 mmcf per day of natural gas hedges at $3.20 per mmcf for the twelve months beginning on July 1, 2015.Company currently intends to continue to add additional hedges as opportunities develop.Purchase and sale agreement with a private company to sell comstock's oil and gas properties in and around burleson county.  Full Article

Comstock Resources, Inc revises FY 2015 oil production guidance
Wednesday, 1 Jul 2015 08:00am EDT 

Comstock Resources, Inc:Says that it revised its FY 2015 oil production guidance to 9,000 to 9,500 barrels per day and its natural gas production guidance to 125 to 150 MMcf per day.Additionally, the company announced that it has recently added about 10 MMcf per day of natural gas hedges at $3.20 per MMcf for the twelve months beginning on July 1, 2015.  Full Article

Comstock Resources announces divestiture of Burleson County Properties
Wednesday, 1 Jul 2015 08:00am EDT 

Comstock Resources Inc:Announces divestiture of Burleson County Properties.Says deal for a sale price of about $115.0 million.Says currently intends to continue to add additional hedges as opportunities develop.Properties being sold are producing about 1,900 barrels of oil per day and 5.5 million cubic feet per day of natural gas.Says Comstock intends to use the proceeds from the sale to fund its 2015 drilling program.  Full Article

More From Around the Web

BRIEF-Whitebox Advisors reports a 6.8 pct stake in Comstock Resources

* Whitebox Advisors LLC reports a 6.8 percent passive stake in Comstock Resources Inc as of January 27, 2017 - SEC filing Source text: (http://bit.ly/2kfskNV) Further company coverage: