FRISCO, TX, April 05, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) 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 the conference cal

FRISCO, TX, April 02, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) ("Comstock" or the "Company") 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"). 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 th

FRISCO, TX, April 02, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) 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 (the “New Notes”) 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 (the “Original Notes”), of which $1,223.9 million aggregate principal amount is currently ou

There's nothing like having a major shareholder who believes in a company and is ready to provide a pile of cash to prove it.

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Dallas Cowboys owner Jerry Jones beefed up his investment in natural-gas producer Comstock Resources, paying about $100.5 million for another 12.5 million shares in the Frisco, Texas firm. The private placement lifts Jones' stake to about 67%, from 65%, and will help Comstock go on the offensive at a time when natural gas is cheaper than its been in decades. Comstock said it will use the cash to pay down bank debt, some of which was incurred buying more drilling land in the western Haynesville...

FRISCO, TX, March 20, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) 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, 202

Dallas Cowboys owner and Comstock Resources majority shareholder Jerry Jones is investing another $100 million in the company.

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