Comstock Resources

Comstock Resources, Inc. engages in the acquisition, development, and exploration of oil and natural gas. The firm operations concentrated in the Haynesville shale, a premier natural gas basin located in East Texas. The company was founded in 1919 and is headquartered in Frisco, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Comstock Resources excels in Q4, eyes growth in Haynesville

Comstock Resources delivered robust financial performance in Q4 2022, driven by increased production and strategic balance sheet improvements. The company's focus on natural gas in the Haynesville region, coupled with operational efficiency, positions it well for future growth despite inflation uncertainties and operational challenges.

Comstock Resources reports Q1 growth amidst LNG market focus

Comstock Resources reported positive production growth and earnings in Q1 2023 despite challenges from low natural gas prices and rising operating costs.
The company's strategic focus on LNG markets, operational efficiencies, and environmental responsibility positions it for future growth and sustainability.
Analyst inquiries highlighted the need for effective financial and operational management to navigate market uncertainties and optimize performance.
Overall, Comstock Resources remains optimistic about its outlook for 2023, emphasizing responsible capital stewardship and long-term partnerships.

Comstock Resources reports solid Q2 performance amidst natural gas challenges

Comstock Resources had a solid performance in Q2 2023, with a focus on increasing natural gas production and optimizing operational efficiency. Despite challenges from market conditions, they are strategically positioned to capitalize on future natural gas demand and LNG export growth.

Comstock Resources posts profitable Q3, eyes growth amid operational challenges

Comstock Resources delivered a profitable Q3 with strong financial performance, operational growth, and efficient cost management, positioning the company for future success.
Strategic partnerships, focus on infrastructure development, and prudent financial management underscore Comstock's commitment to sustainable growth and stakeholder value.
Challenges in capital management, legacy production balancing, and debt control require careful navigation, while opportunities in expansion, acreage optimization, and operational enhancements pave the way for continued success.

Comstock Resources reports robust Q4 earnings amidst market challenges

Comstock Resources delivered solid financial results, implemented strategic measures to safeguard its financial position, and emphasized operational efficiency. Challenges include production timing alignment and leverage ratio monitoring, while opportunities exist in cost reductions and operational optimization.

Comstock Resources reports resilient Q1 performance amid market challenges

Comstock Resources delivered a solid performance in Q1 2024, showcasing financial strength and operational resilience amidst market challenges.
The company's strategic investments in asset acquisitions, drilling efficiencies, and cost management reflect a commitment to long-term value creation and growth.
With a focus on maximizing efficiencies, monitoring market conditions, and leveraging opportunities in the LNG market, Comstock Resources is poised for sustainable success.

Comstock Resources reports strong Q2 performance and eyes gas price appreciation for growth

Comstock Resources showcased strong financials and operational successes in Q2 2024, emphasizing their focus on the Western Haynesville play. While managing debt levels and monitoring gas prices pose challenges, opportunities lie in gas price appreciation, production growth, and LNG demand.

Comstock Resources optimizes operations in Western Haynesville for growth

Comstock Resources remains focused on maximizing acreage potential, optimizing operations, and adapting to market conditions for future growth.
Despite challenges in natural gas prices and operational complexities, the company is on the right path for growth in natural gas demand.
The earnings call highlighted strategic initiatives, successful drilling results, and financial support, positioning Comstock for future profitability.

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Antero Resources

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SilverBow Resources

Southwestern Energy

Considering natural gas' vulnerability to short-term weather models, investors are advised to hold onto stocks like Cabot Oil & Gas (COG), Comstock Resources (CRK) and Antero Resources (AR).

EIA Data Helps U.S. Natural Gas Price to Climb Above $3

Considering natural gas' vulnerability to short-term weather models, investors are advised to hold onto stocks like Range Resources (RRC), Antero Resources (AR) and Cabot Oil & Gas Corporation (COG).

Natural Gas Market Analysis in the Aftermath of the EIA Data

The free market still appears to be the best mechanism to regulate pricing. The winter freeze provided a financial windfall.

Comstock Resources: Hitting The Jackpot

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Comstock repurchased around 50% of its 2025 and 2026 note maturities and replaced that with new 2029 notes.

Comstock Resources: A Solid Path To Deleveraging After Extending Its Average Debt Maturity

Considering natural gas' vulnerability to short-term weather models, investors are advised to hold onto stocks like Comstock Resources (CRK), Antero Resources (AR) and Southwestern Energy Company (SWN).

Weekly Natural Gas Futures End Flat After In-Line EIA Data

Comstock Resources, Inc. (CRK) CEO Jay Allison on Q1 2021 Results - Earnings Call Transcript

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?

Comstock Resources (CRK) Tops Q1 Earnings and Revenue Estimates

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.

COMSTOCK RESOURCES, INC. REPORTS FIRST QUARTER 2021 FINANCIAL AND OPERATING RESULTS

Considering natural gas' vulnerability to short-term weather models, investors are advised to hold onto stocks like Range Resources (RRC), SilverBow Resources (SBOW) and Southwestern Energy (SWN).

Natural Gas Hits Its Highest Price in 5 Weeks: Here's Why

Considering the lingering uncertainty over natural gas, investors are advised to hold onto stocks like EQT (EQT), Comstock Resources (CRK) and Southwestern Energy (SWN).

Natural Gas Pulls Back as Mild Spring Weather Limits Demand

What Explains the Upward Move in Weekly Natural Gas Prices?

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.

COMSTOCK RESOURCES, INC. ANNOUNCES FIRST QUARTER 2021 EARNINGS DATE AND CONFERENCE CALL INFORMATION

Considering the lingering uncertainty over natural gas, investors are advised to hold onto stocks like EQT (EQT), Range Resources (RRC) and Southwestern Energy (SWN).

Here's How Last Week Turned Out for the Natural Gas Market

Natural Gas Loses 3.7% in One Week: Here's What Happened

The key takeaway from the earnings report is the low-cost structure of this dry gas producer. The location has considerable transportation cost advantages over other dry gas basins like the Marcellus.

Comstock Resources: Lowest Costs In The Industry

Comstock Resources produces natural gas in the Haynesville Shale field of Louisiana and Texas, a region that's located close to the US Gulf coast and LNG export infrastructure.

Comstock Resources: A Leveraged Play On Gas Upside

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.

COMSTOCK RESOURCES, INC. ANNOUNCES PRICING OF OFFERING OF $250 MILLION OF 6.75% SENIOR NOTES

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.

COMSTOCK RESOURCES, INC. ANNOUNCES PRIVATE OFFERING OF ADDITIONAL 6.75% SENIOR NOTES DUE IN 2029

FRISCO, TX, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that it has amended its previously announced cash tender offers (the "Tender Offers") to purchase up to $750.0 million aggregate purchase price  (the "Aggregate Maximum Tender Amount") of its outstanding 7.5% 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").

COMSTOCK RESOURCES, INC. ANNOUNCES UPSIZING OF CASH TENDER OFFERS

FRISCO, TX, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) ("Comstock" or the "Company") announced today the pricing of its private placement of new 6.75% senior notes due 2029 in the aggregate principal amount of $1.0 billion, which was increased from the originally proposed $750.0 million offering (the "Notes").  The Notes were sold at par.  The offering is expected to close on March 4, 2021, subject to customary closing conditions.

COMSTOCK RESOURCES, INC. ANNOUNCES PRICING OF $1.0 BILLION OFFERING OF NEW SENIOR NOTES DUE 2029

Comstock (CRK) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.

Comstock (CRK) Surges: Stock Moves 9.2% Higher

FRISCO, TX, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that, subject to market conditions, it intends to offer a new series of senior notes due in 2029 in a private placement to eligible purchasers.  Comstock intends to use the net proceeds from this offering to fund the repurchase of a portion of the Company's 7.5% Senior Notes due 2025 and 9.75% Senior Notes due 2026 and pay fees and expenses under concurrent tender offers for such Notes, which were launched today, and the excess, if any, for repayment of borrowings under Comstock's bank credit facility.

COMSTOCK RESOURCES, INC. ANNOUNCES PRIVATE OFFERING OF NEW SENIOR NOTES DUE IN 2029

FRISCO, TX, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today the commencement of cash tender offers (the "Tender Offers") to purchase up to $750.0 million aggregate purchase price (as such amount may be increased or decreased by the Company, the "Aggregate Maximum Tender Amount") of its outstanding 7.5% 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; provided that the Company will not accept for purchase more than $375.0 million aggregate principal amount (as such amount may be increased or decreased by the Company) of the 2025 Notes (the “2025 Series Cap”) and $325.0 million aggregate principal amount (as such amount may be increased or decreased by the Company) of the 2026 Notes (the “2026 Combined Cap”).

COMSTOCK RESOURCES, INC. ANNOUNCES CASH TENDER OFFER FOR UP TO $750.0 MILLION AGGREGATE PURCHASE PRICE OF OUTSTANDING SENIOR NOTES

Comstock Resources, Inc. (CRK) CEO Jay Allison on Q4 2020 Results - Earnings Call Transcript

News for Comstock Resources Stock (CRK)