Comstock Resources Inc. ADOPTS RIGHTS PLAN TO PROTECT NET OPERATING LOSS CARRYFORWARDS FRISCO, TEXAS, October 1, 2015 - Comstock Resources Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that its Board of Directors (the "Board") has adopted a net operating loss carryforwards ("NOLs") rights plan (the "Rights Plan") in a measure to prevent the imposition of significant limitations under Section 382 of the [...]
Comstock Resources Inc. REPORTS SECOND QUARTER 2015 FINANCIAL AND OPERATING RESULTS FRISCO, TEXAS, August 5, 2015 - Comstock Resources Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the three months and six months ended June 30, 2015. Financial Results for the Three Months and Six Months Ended June 30, 2015 Comstock reported a net loss of $135.1 million or $2.93 per [...]
Comstock Resources Inc. ANNOUNCES DIVESTITURE OF BURLESON COUNTY PROPERTIES FRISCO, TEXAS, July 1, 2015 -- Comstock Resources Inc. ("Comstock" or the "Company") (NYSE: CRK) announced that it has entered into a definitive purchase and sale agreement with a private company to sell Comstock's oil and gas properties in and around Burleson County, Texas for a sale price of approximately $115.0 million, subject to customary [...]
Comstock Resources Inc. REPORTS FIRST QUARTER 2015 FINANCIAL AND OPERATING RESULTS FRISCO, TEXAS, May 11, 2015 - Comstock Resources Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the three months ended March 31, 2015. Financial Results for the Three Months Ended March 31, 2015 Comstock reported a net loss of $78.5 million or $1.71 per share for the first quarter of [...]
Comstock Resources Inc. ANNOUNCES REDUCED 2015 CAPITAL BUDGET AND PROVIDES UPDATE ON HAYNESVILLE SHALE PROGRAM FRISCO, TEXAS, March 23, 2015 - Comstock Resources Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that it will reduce its 2015 capital spending plan by approximately 22% to $248 million, a savings of over $69 million versus its previously announced budget on December 18, 2014. In addition to [...]
Comstock Resospanrces Inc. ANNOspanNCES PRICING OF$700 MILLION OF 10% SENIOR SECspanRED NOTES DspanE 2020 FRISCO, TEXAS, March 4, 2015 - Comstock Resospanrces Inc. ("Comstock" or the "Company") (NYSE: CRK) annospannced today that it has priced $700 million in aggregate principal amospannt of its 10% senior secspanred notes dspane 2020 to be sold to pspanrchasers in a private offering. The notes and the related [...]
Comstock Resources Inc. ANNOUNCES SENIOR SECURED NOTES OFFERING FRISCO, TEXAS, February 25, 2015 - Comstock Resources Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that it intends to offer $700 million in aggregate principal amount of senior secured notes due 2020 in a private offering, subject to market and other conditions. The notes will be guaranteed by each of Comstock's subsidiaries. The notes and [...]
Comstock Resources Inc. REVISESFOURTH QUARTER AND ANNUAL 2014 FINANCIAL RESULTS FRISCO, TEXAS, February 24, 2015 - Comstock Resources Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported revised financial results for the quarter and year ended December 31, 2014. Financial Results for the Three Months and Year ended December 31, 2014 Comstock revised the loss it previously announced to $58.3 million or $1.26 per [...]
Comstock Resources Inc. ANNOUNCESMANAGEMENT CHANGES FRISCO, TEXAS, February 17, 2015 - Comstock Resources Inc. ("Comstock" or the "Company") (NYSE: CRK) announced the appointment of Mr. Mack D. Good as Chief Operating Officer. Mr. Good is returning to Comstock after a brief retirement. Mack previously served as our Chief Operating Officer from 2004 through March 2011 and served the Company in various other capacities [...]
Comstock Resources Inc. ANNOUNCES SUSPENSION OF COMMON STOCK DIVIDEND FRISCO, TEXAS, February 13, 2015 - Comstock Resources Inc. ("Comstock" or the "Company") (NYSE: CRK) today announced that its Board of Directors has determined that its quarterly dividend will be temporarily suspended. "Due to the significant declines in oil and natural gas prices and the uncertainty of future prices for both commodities, the Board of [...]
Comstock Resources Inc. REPORTSFOURTH QUARTER AND ANNUAL 2014 FINANCIAL AND OPERATING RESULTS FRISCO, TEXAS, February 9, 2015 - Comstock Resources Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter and year ended December 31, 2014. Financial Results for the Three Months and Year ended December 31, 2014 Comstock reported a loss from continuing operations of [...]
Comstock Resources Inc. ANNOUNCESPROVED OIL AND GAS RESERVESAS OF DECEMBER 31, 2014 FRISCO, TEXAS, January 22, 2015 -- Comstock Resources Inc. ("Comstock" or the "Company") (NYSE:CRK) announced today that its proved oil and natural gas reserves as of December 31, 2014 were estimated at 20.9 million barrels of crude oil and 495 billion cubic feet ("Bcf") of natural gas or 620.4 billion cubic feet of natural gas equivalent [...]