Comstock Resources Inc.

Comstock Resources Inc. today announced it has closed on the sale of the previously announced divestiture of its Bakken shale non-operated properties for total consideration of $154 million, before selling expenses with an effective date of October 1, 2021. The properties sold include non-operated interests in 442 producing wells producing approximately 4,500 barrels of oil equivalent per day. Comstock expects to [...]

Comstock Resources Inc. today announced a partnership with MiQ to independently certify its natural gas production in North Louisiana and East Texas. Comstock will use the MiQ Standard, a framework that assesses and grades methane emissions intensity, enhanced monitoring technology deployment and operating practices that promote a culture of emissions management and continuous improvement, for its facilities in North [...]

Comstock Resources Inc. today reported financial and operating results for the quarter ended September 30, 2021. Highlights of 2021's Third Quarter Free cash flow of $84 million was generated in the quarter. Adjusted net income to common stockholders was $91 million for the quarter or $0.34 per diluted share. Production increased 25% to 1,424 MMcfe per day . Revenues, including realized hedging losses, were $394 million [...]

Comstock Resources Inc. announced today that it has entered into an asset purchase agreement with Northern Oil and Gas Inc. to sell its assets in the Bakken shale for $154 million in cash, subject to adjustment and customary closing conditions. The properties being sold include non-operated interests in over 400 producing wells with recent production of greater than 4,500 net barrels of oil equivalent per day . The sale [...]

Comstock Resources Inc. announces its plan to release third quarter 2021 results on November 2, 2021 after the market closes and host its quarterly conference call at 10:00 a.m. CT on November 3, 2021. Please dial in at least 15 minutes in advance to ensure a timely connection to the call. Dial-In: 844-776-7840 International Dial-In: 661-378-9538 Conference ID: 9128805 ~~~ The conference call will also be broadcast live [...]

Comstock Resources Inc. today reported financial and operating results for the quarter ended June 30, 2021. Highlights of 2021's Second Quarter Adjusted net income to common stockholders was $55 million for the quarter or $0.22 per diluted share. Production averaged 1,387 MMcfe per day, comprised of 98% natural gas, and was 8% higher than the first quarter of 2021 and 6% higher than the second quarter of 2020. Average [...]

Registration is Open for The Oil & Gas Conference®, August 15-18, 2021 in Denver, Colorado EnerCom Updates Panel Presenters on Day Three of the Oil & Gas Conference Institutional investors, portfolio managers, financial analysts, CIOs and other investment community professionals who invest in the energy space should register now for The Oil & Gas Conference® which will take place Aug. 15-18, 2021, at the Denver Downtown [...]

Comstock Resources Inc. announces its plan to release second quarter 2021 results on August 3, 2021 after the market closes and host its quarterly conference call at 10:00 a.m. CT on August 4, 2021. Please dial in at least 15 minutes in advance to ensure a timely connection to the call. Dial-In: 844-776-7840 International Dial-In: 661-378-9538 Conference ID: 9664203 ~~~ The conference call will also be broadcast live in [...]

Comstock Resources Inc. announced today the pricing of its private placement of new 5.875% senior unsecured notes due 2030 in the aggregate amount of $965 million, which was increased from the originally proposed $500 million offering . The notes were sold at par. The offering is expected to close on June 28, 2021, subject to customary closing conditions. The aggregate net proceeds from the sale of the Notes are expected [...]

Comstock Resources Inc. announced today that, subject to market conditions, it intends to offer a new series of senior notes due in 2030 in a private placement to eligible purchasers. Comstock intends to use the net proceeds from this offering to fund the redemption of a portion of the Company's 9.75% Senior Notes due 2026 and to pay related fees and expenses. The securities to be offered have not been registered under [...]