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Comstock Resources Inc Issues Q4 2012 Charge Guidance-DJ


Tuesday, 22 Jan 2013 09:35am EST 

Dow Jones reported that Comstock Resources Inc expects to take a fourth quarter 2012 impairment charge of about $78.6 million, citing low natural gas prices. Comstock said the charge, which amounts to $51.1 million after tax or $1.10 a share, is related to unevaluated leases which are not expected to be developed prior to their expiration and certain developed natural gas properties. 

Company Quote

7.01
-0.2 -2.77%
24 Dec 2014