Comstock Resources Inc. plans to release its first quarter 2025 results on April 30, 2025 after the market closes and host its quarterly conference call at 10:00 a.m. CT on May 1, 2025 to discuss the first quarter results. Parties interested in participating in the conference call telephonically will need to register at https://register-conf.media-server.com/register/BIe794f2ba5583499f970858176fd39094. Upon registering to [...]
Comstock Resources Inc. today reported financial and operating results for the quarter and year ended December 31, 2024. Highlights of 2024's Fourth Quarter Natural gas and oil sales, including realized hedging gains, were $336 million. Operating cash flow was $223 million or $0.76 per share. Adjusted EBITDAX for the quarter was $252 million. Adjusted net income was $46.3 million or $0.16 per share for the quarter. Six [...]
Comstock Resources Inc. plans to release its fourth quarter 2024 results on February 18, 2025 after the market closes and host its quarterly conference call at 10:00 a.m. CT on February 19, 2025 to discuss the fourth quarter results. Parties interested in participating in the conference call telephonically will need to register at https://register.vevent.com/register/BI6e0b4d6ba76e49049b0b8093ff4a87a6. Upon registering to [...]
Comstock Resources Inc. today reported financial and operating results for the quarter ended September 30, 2024. Highlights of 2024's Third Quarter Weak natural gas prices continued to weigh heavily on the third quarter financial results. Natural gas and oil sales, including realized hedging gains, were $305 million. Operating cash flow was $152 million or $0.52 per diluted share. Adjusted EBITDAX for the quarter was $202 [...]
Comstock Resources Inc. plans to release its third quarter 2024 results on October 30, 2024 after the market closes and host its quarterly conference call at 10:00 a.m. CT on October 31, 2024 to discuss the third quarter results. Parties interested in participating in the conference call telephonically will need to register at https://register.vevent.com/register/BI25940ff3de024e45b06512519e9e6a64. Upon registering to [...]
Comstock Resources Inc. today reported financial and operating results for the quarter ended June 30, 2024. Highlights of 2024's Second Quarter Very weak natural gas prices weighed heavily on the second quarter financial results. Natural gas and oil sales, including realized hedging gains, were $278 million. Operating cash flow was $118 million or $0.41 per diluted share. Adjusted EBITDAX for the quarter was $167 million [...]
Comstock Resources Inc. plans to release its second quarter 2024 results on July 30, 2024 after the market closes and host its quarterly conference call at 10:00 a.m. CT on July 31, 2024 to discuss the second quarter results. Parties interested in participating in the conference call telephonically will need to register at https://register.vevent.com/register/BI3dd152694a074bc28172df7314b38fa6. Upon registering to [...]
Comstock Resources Inc. today reported financial and operating results for the quarter ended March 31, 2024. Highlights of 2024's First Quarter Continued weak natural gas prices weighed heavily on the first quarter results. Natural gas and oil sales, including realized hedging gains, were $336 million. Operating cash flow was $182 million or $0.65 per diluted share. Adjusted EBITDAX for the quarter was $230 million [...]
Comstock Resources Inc. plans to release first quarter 2024 results on May 1, 2024 after the market closes and host its quarterly conference call at 10:00 a.m. CT on May 2, 2024 to discuss the first quarter results. Parties interested in participating in the conference call telephonically will need to register at https://register.vevent.com/register/BI8bd2e2b2cbc74630942006e39bfd6cb5. Upon registering to participate in [...]
Comstock Resources Inc. announced today the pricing of its private placement of new 6.75% senior unsecured notes due 2029 in the aggregate amount of $400.0 million, which was increased from the originally proposed $375.0 million . The Notes will be issued at 93% of par. The offering is expected to close on April 9, 2024, subject to customary closing conditions. The aggregate net proceeds from the sale of the Notes are [...]
Comstock Resources Inc. announced today that, subject to market conditions, it intends to offer $375.0 million principal amount of its 6.75% senior notes due in 2029 in a private placement to eligible purchasers. The New Notes are a mirror issue to the Company's existing 6.75% senior notes due 2029 , of which $1,223.9 million aggregate principal amount is currently outstanding. The New Notes will have substantially [...]
Comstock Resources Inc. announces that its majority shareholder, Jerry Jones, has agreed to make an additional $100,450,000 equity investment in the Company through two entities he controls. The Jones entities will acquire 12,500,000 shares of common stock in the private placement at a price of $8.036 per share, which represents the average of the closing prices for the five trading days ended March 20, 2024. Closing of [...]