Comstock Resources, Inc. (CRK) News
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CRK News Highlights
- CRK's 30 day story count now stands at 3.
- Over the past 2 days, the trend for CRK's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about CRK are MCFE, BJ and MCF.
Latest CRK News From Around the Web
Below are the latest news stories about Comstock Resources Inc that investors may wish to consider to help them evaluate CRK as an investment opportunity.
Ladies and gentlemen, thank you for standing by and welcome to the Quarter One 2021 Comstock Resources Earnings Conference Call. You can view a slide presentation during or after this call by going to our website at www.comstockresources.com and downloading the quarterly results presentation.
Comstock (CRK) delivered earnings and revenue surprises of 92.31% and 15.62%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
FRISCO, TX, May 04, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended March 31, 2021. Highlights of 2021's First Quarter Adjusted net income to common stockholders was $63 million for the quarter or $0.25 per diluted share.Production averaged 1,281 MMcfe per day, comprised of 98% natural gas, and was 6% higher than the fourth quarter of 2020.Average realized price, including hedging, was $2.88 per Mcfe compared to $2.16 per Mcfe in 2020's first quarter.Revenues, including realized hedging losses, were $332 million, 22% higher than 2020's first quarter.Adjusted EBITDAX was $262 million, 30% higher than 2020's first quarter.Operating cash flow (excluding working capital changes) ...
Comstock Resources (CRK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
FRISCO, TX, March 29, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) announces its plan to release first quarter 2021 results on May 4, 2021 after the market closes and host its quarterly conference call at 10:00 a.m. CT on May 5, 2021. Please dial in at least 15 minutes in advance to ensure a timely connection to the call. Dial-In: 844-776-7840International Dial-In: 661-378-9538Conference ID: 6891538 ~~~ The conference call will also be broadcast live in listen-only mode and can be accessed via the website URL: https://edge.media-server.com/mmc/p/5pm5ttzm ~~~ A replay of the conference call will be available beginning at 1:00 p.m. CT May 5, 2021 and will continue until 1:00 p.m. CT May 12, 2021. Replay Dial-In: 855-859-2056International Dial-In: 404-537-3406Conference ID:...
We believe investing is smart because history shows that stock markets go higher in the long term. But if when you...
COMSTOCK RESOURCES, INC. ANNOUNCES EARLY TENDER RESULTS AND UPSIZE OF PREVIOUSLY ANNOUNCED CASH TENDER OFFERS
FRISCO, TX, March 04, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today the early results of Comstock's previously announced cash tender offers (the "Tender Offers") to purchase up to $1.0 billion aggregate purchase price (as such amount may be increased or decreased by the Company) (the "Aggregate Maximum Tender Amount") of its outstanding 7.50% senior notes due 2025 (the "2025 Notes") and 9.75% senior notes due 2026 (the "2026 Notes" and together with the 2025 Notes, the "Notes") in the priorities set forth in the table below. The Company has amended the Aggregate Maximum Tender Amount to increase the aggregate purchase price of Notes subject to the Tender Offers from $1.0 billion to $1.25 billion, and to increase the aggrega...
FRISCO, TX, March 03, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) ("Comstock" or the "Company") announced today the pricing of its private placement of 6.75% senior notes due 2029 in the aggregate principal amount of $250.0 million (the "Notes"). The Notes were sold at 103% of par. The offering is expected to close on March 4, 2021, subject to customary closing conditions. The aggregate net proceeds from the sale of the Notes are expected to be approximately $253.0 million, after deducting the initial purchasers' discount and other offering expenses, and the Company intends to use such proceeds to fund an anticipated increase in the aggregate maximum tender amount in the Company's existing tender offers for a portion of the Company's 7.5% Senior Notes due 2025 and 9.75%...
FRISCO, TX, March 03, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that, subject to market conditions, it intends to offer an additional $250.0 million aggregate principal amount of its 6.75% senior notes due in 2029 (the "Notes") in a private placement to eligible purchasers. The Notes are a further issuance of the 6.75% senior notes due 2029, of which $1.0 billion aggregate principal amount are expected, subject to customary closing conditions, to be issued on March 4, 2021 (the "2029 Notes"). The Notes will be treated as a single series with the 2029 Notes under the indenture governing the 2029 Notes and will have the same terms as the 2029 Notes (other than the initial offering price). The Notes will have the same CUSIP ...
“Obviously, this week is like hitting the jackpot,” said the chief executive of Comstock Resources, a shale drilling company, on an investor call. The post Fossil Fuel Executives Gloat About Profits, PR From Texas Winter Storm Crisis appeared first on The Intercept .