STOCK TITAN

Comstock Resources, Inc. - CRK STOCK NEWS

Welcome to our dedicated news page for Comstock Resources (Ticker: CRK), a resource for investors and traders seeking the latest updates and insights on Comstock Resources.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Comstock Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Comstock Resources's position in the market.

Rhea-AI Summary
Comstock Resources, Inc. (CRK) will announce its first quarter 2024 results on May 1, 2024, with a conference call scheduled for May 2, 2024. Participants can register for the call and access it via dial-in or online. A replay will be available for twelve months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
-
Rhea-AI Summary
Comstock Resources, Inc. (CRK) announces the pricing of $400.0 million senior unsecured notes due 2029, increasing from the initially proposed $375.0 million. The offering is expected to close on April 9, 2024, with net proceeds of approximately $365.0 million. The company plans to use the proceeds to repay borrowings under its bank credit facility and pay related fees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
Tags
-
Rhea-AI Summary
Comstock Resources, Inc. (CRK) plans to offer $375.0 million in 6.75% senior notes due 2029 to repay borrowings and expenses. The New Notes mirror the existing Original Notes with similar terms but a different CUSIP number.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
Tags
Rhea-AI Summary
Comstock Resources, Inc. announces a $100.45 million equity investment by majority shareholder Jerry Jones, acquiring 12.5 million shares at $8.036 per share. The investment will increase Jones' ownership to 67% of the company's common shares. Proceeds will be used to pay down bank debt and fund recent acquisitions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.59%
Tags
none
-
Rhea-AI Summary
Comstock Resources, Inc. reported financial results for Q4 2023 with natural gas prices impacting earnings. The company's operating cash flow was $207 million, and net income available to common stockholders was $108.4 million. Comstock added 23,000 net acres in the Western Haynesville, increasing acreage to over 250,000 net acres. The company's proved reserves decreased to 4.9 Tcfe due to lower natural gas prices, with a PV-10 Value of approximately $2.5 billion. Comstock plans to suspend its dividend and reduce operating drilling rigs in response to weak natural gas prices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
-
Rhea-AI Summary
Comstock Resources, Inc. (CRK) will release its fourth quarter 2023 results on February 13, 2024, and host a conference call on February 14, 2024, to discuss the results. Interested parties can register to participate in the call and access it via dial-in or live webcast. A replay of the call will be available for twelve months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
Comstock Resources, Inc. reported weak Q3 results due to low natural gas prices. Natural gas and oil sales were $316 million, operating cash flow was $167 million, and adjusted EBITDAX was $209 million. The company had solid results from the Haynesville shale drilling program. Comstock is entering into a new venture to fund the midstream build-out for Western Haynesville development. The company declared a quarterly dividend of $0.125 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.56%
Tags
-
Rhea-AI Summary
Comstock Resources, Inc. (NYSE:CRK) to release Q3 2023 results on October 30, 2023. Conference call scheduled for October 31, 2023 at 10:00 a.m. CT. Replay available for 12 months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
Tags
-
Rhea-AI Summary
Comstock Resources, Inc. reported weak second-quarter results due to low natural gas prices. Natural gas and oil sales were $285 million, and operating cash flow was $145 million. Adjusted net income was just over break even. The company had success in its Haynesville shale drilling program with 15 operated wells turned to sales. Comstock declared a quarterly dividend of $0.125 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.61%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.18%
Tags
Comstock Resources, Inc.

NYSE:CRK

CRK Rankings

CRK Stock Data

2.79B
87.12M
69.05%
35.54%
8.67%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Frisco

About CRK

comstock resources, inc., headquartered in frisco, texas is a growing independent energy company engaged in the acquisition, development, production and exploration of oil and natural gas. our operations are primarily focused in texas, louisiana and the mid-continent area. we are focused on growth, and we are active in tight gas sands, shale gas plays and conventional exploration.