Edition:
India

Comstock Resources Inc (CRK.N)

CRK.N on New York Stock Exchange

5.07USD
23 May 2019
Change (% chg)

$-0.13 (-2.50%)
Prev Close
$5.20
Open
$5.14
Day's High
$5.14
Day's Low
$4.95
Volume
94,438
Avg. Vol
63,474
52-wk High
$12.32
52-wk Low
$4.21

Latest Key Developments (Source: Significant Developments)

Comstock Resources Announces Haynesville Shale Acreage Acquisition
Thursday, 20 Dec 2018 

Dec 19 (Reuters) - Comstock Resources Inc ::COMSTOCK RESOURCES, INC. ANNOUNCES HAYNESVILLE SHALE ACREAGE ACQUISITION.COMSTOCK RESOURCES INC - PROPOSED DEAL FOR $20.5 MILLION.COMSTOCK RESOURCES INC - WILL PAY PURCHASE PRICE OVER A FOUR YEAR PERIOD.COMSTOCK - TO ACQUIRE 88 PERCENT INTEREST IN 6,124 GROSS ACRES (6,023 NET) LIMITED TO SHELBY'S HAYNESVILLE SHALE RIGHTS IN HARRISON AND PANOLA COUNTIES.  Full Article

Comstock Resources Receives Letter From Knighthead Capital Management
Tuesday, 10 Apr 2018 

April 10 (Reuters) - Comstock Resources Inc ::SAYS ON APRIL 9, 2018, CO'S BOARD RECEIVED LETTER FROM KNIGHTHEAD CAPITAL MANAGEMENT, LLC.COMSTOCK RESOURCES ,IN RESPONSE TO KCM LETTER, SAYS HAS NO INTENTION OF MODIFYING TERMS OF OFFER TO PURCHASE & CONSENT SOLICITATION DATED APRIL 2,2018.SAYS LETTER FROM KNIGHTHEAD CAPITAL MANAGEMENT DISCUSSING MATTERS RELATED TO CO'S OFFER TO PURCHASE & CONSENT SOLICITATION DATED APRIL 2.SAYS NO INTENTION OF SEEKING SHAREHOLDER APPROVAL FOR ISSUANCE OF ADDITIONAL SHARES TO ISSUE TO HOLDERS OF THE NOTES AS SUGGESTED IN KCM LETTER.  Full Article

Comstock Resources Says On March 29, Co Entered Into A Securities Purchase Agreement With Arkoma Drilling
Monday, 2 Apr 2018 

April 2 (Reuters) - Comstock Resources Inc ::SEC FILING.WILL ISSUE & SELL TO ARKOMA 10 MILLION SHARES OF CO'S COMMON STOCK, $0.50 PAR VALUE/SHARE AT PRICE OF $7.50/SHARE.PURSUANT TO TERMS OF SECURITIES PURCHASE AGREEMENT, CO TO ENTER INTO STRATEGIC DRILLING VENTURE DEAL WITH ARKOMA.TO GIVE DRILLING OPPORTUNITIES IN HAYNESVILLE, EAGLE FORD SHALE TO ARKOMA OF AT LEAST $75 MILLION DURING FIRST 12 MONTHS OF VENTURE.TO PRESENT DRILLING OPPORTUNITIES TO ARKOMA OF AT LEAST $100 MILLION DURING SECOND YEAR OF VENTURE.ON MARCH 29 UNIT ENTERED INTO PURCHASE AND SALE AGREEMENT WITH USG PROPERTIES AUSTIN CHALK I, LLC.UNIT WOULD SELL TO USG CERTAIN OIL AND GAS LEASES AND ASSOCIATED ASSETS FOR A TOTAL PURCHASE PRICE OF $125 MILLION.  Full Article

Comstock Resources Q2 loss per share $1.45
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Comstock Resources Inc :Comstock Resources - produced 17.3 billion cubic feet of natural gas and 243,000 barrels of oil or 18.8 billion cubic feet of natural gas equivalent in q2.Comstock Resources qtrly natural gas production averaged 190 million cubic feet per day, growth of 37% from pro forma natural gas production in q2 2016.Comstock Resources Q2 loss per share $1.07 excluding items.Comstock Resources Q2 loss per share $1.45.Comstock Resources- oil production in q2 2017, averaged 2,674 barrels of oil per day, declined by 31% from 3,900 barrels per day produced in q2 2016.Q2 earnings per share view $-1.73 -- Thomson Reuters I/B/E/S.  Full Article