Comstock Resources, Inc.

Equities

CRK

US2057683029

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:00:02 2024-04-18 pm EDT			5-day change	1st Jan Change
9.24 ^USD	+0.54%		-3.45%	+4.41%

Apr. 15	Mizuho Adjusts Price Target on Comstock Resources to $10 From $9, Maintains Underperform Rating	MT
Apr. 10	US natgas producers cut spending, output to cope with low prices	RE

COMSTOCK RESOURCES INC : Other Events (form 8-K)

November 30, 2022 at 04:42 pm EST

Item 8.01 Other Events

On November 30, 2022, Comstock Resources, Inc ("Comstock" or the "Company") announced that effective November 30, 2022, all outstanding shares of the Company's Series B Redeemable Convertible Preferred Stock have been converted into 43,750,000 shares of common stock of the Company. Following the conversion, the Company has 277,507,678 shares of common stock outstanding and no outstanding shares of preferred stock.

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Latest news about Comstock Resources, Inc.

Mizuho Adjusts Price Target on Comstock Resources to $10 From $9, Maintains Underperform Rating	Apr. 15	MT
US natgas producers cut spending, output to cope with low prices	Apr. 10	RE
Comstock Resources, Inc. Issues $400.0 Million Aggregate Principal Amount of its 6.75% Senior Notes Due 2029 in A Private Placement Offering	Apr. 09	CI
Sector Update: Energy Stocks Gain Pre-Bell Wednesday	Apr. 03	MT
Sector Update: Energy	Apr. 03	MT
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday as Bets Lean Towards Smaller Rate Cuts	Apr. 03	MT
Comstock Resources Prices $400 million of 6.75% Notes Due 2029	Apr. 02	MT
Goldman Sachs Raises Comstock Resources' Price Target to $9 From $8, Keeps Sell Rating	Apr. 02	MT
Comstock Resources Plans to Offer $375 Million of 6.75% Notes Due 2029	Apr. 02	MT
Comstock Resources, Inc. Announces Private Offering of 6.75% Senior Notes Due in 2029	Apr. 02	CI
Comstock Resources, Inc. announced that it has received $100.45 million in funding	Mar. 24	CI
Comstock Resources, Inc. announced that it expects to receive $100.45 million in funding	Mar. 19	CI
Mizuho Securities Trims Price Target on Comstock Resources to $9 From $10, Maintains Underperform Rating	Mar. 15	MT
US natgas producers cut spending, output to cope with low prices	Mar. 12	RE
Piper Sandler Trims Price Target on Comstock Resources to $8 From $9, Maintains Neutral Rating	Mar. 07	MT
US natgas producers cut spending, output to cope with low prices	Mar. 04	RE
US natgas producers cut spending, output to cope with low prices	Mar. 04	RE
US oilfield job losses could swell as natural gas prices plunge	Feb. 22	RE
Chesapeake says natgas market oversupplied, plans to cut output, spending	Feb. 21	RE
US natgas prices soar 10% from 3-1/2-year low as Chesapeake cuts output	Feb. 21	RE
Tumbling US natural gas prices prove unstoppable, hurting producers	Feb. 21	RE
US natgas drillers cut spending, reduce activity amid price crash	Feb. 15	RE
US natgas prices slide 2% to fresh 3-1/2-year low on small storage withdrawal	Feb. 15	RE
Sector Update: Energy Stocks Decline Late Afternoon	Feb. 14	MT
Sector Update: Energy	Feb. 14	MT

Chart Comstock Resources, Inc.

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Company Profile

Comstock Resources, Inc. is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates through the exploration and production of North American oil and natural gas segment. The Company primarily operates in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas, with economic and geographical proximity to the Gulf Coast markets. The Company is focused on the development of drilling opportunities in the Haynesville and Bossier shales and exploration activities in Western Haynesville play. The Company has approximately 2,959 drilling locations on its Haynesville/Bossier shale acreage, where the Company estimates to have 4.9 trillion cubic feet equivalent (TCFE) of reserve potential. The Company owns interests in approximately 2,478 producing oil and natural gas wells (1,516.7 net) and operates 1,703 of these wells.

Sector

Oil & Gas Exploration and Production

Calendar

2024-04-30 - Q1 2024 Earnings Release

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Russell 2000

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Ratings for Comstock Resources, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

D+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

9.24 USD

Average target price

9.833 USD

Spread / Average Target

+6.42%

Consensus

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