CNX or CRK: Which Is the Better Value Stock Right Now?
- Investors with an interest in Oil and Gas - Exploration and Production - United States stocks have likely encountered both CNX Resources Corporation. (CNX) and Comstock Resources (CRK).
- 01/31/2025
|
Comstock (CRK) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
- Comstock (CRK) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
- 01/29/2025
|
Why Natural Gas Demand is Soaring (and Why That Will Continue)
- AI data center power needs, extreme cold weather, and the untangling of capacity constraints are all reasons natural gas demand is soaring. These bullish demand trends should support growth in natural gas markets.
- 01/23/2025
|
What Makes Comstock Resources (CRK) a Strong Momentum Stock: Buy Now?
- Does Comstock Resources (CRK) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 01/16/2025
|
Is Comstock Resources (CRK) Outperforming Other Oils-Energy Stocks This Year?
- Here is how Comstock Resources (CRK) and Kolibri Global Energy Inc. (KGEI) have performed compared to their sector so far this year.
- 01/16/2025
|
CNX vs. CRK: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Oil and Gas - Exploration and Production - United States sector might want to consider either CNX Resources Corporation. (CNX) or Comstock Resources (CRK).
- 01/15/2025
|
Comstock Resources: Operating In The Swing Basin
- Comstock Resources benefits from low cash costs. Haynesville wells are very expensive to drill and complete. Comparatively high DD&A costs highlight the expensive nature of Haynesville wells.
- 01/12/2025
|
Comstock (CRK) Stock Jumps 10.7%: Will It Continue to Soar?
- Comstock (CRK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
- 12/31/2024
|
This Is Why Natural Gas Stocks Have Been Surging Lately
- Natural gas names like CRK, AR, EQT and RRC are having a strong month, helped by the commodity's upward march.
- 11/13/2024
|
Winter to Be Colder: RRC, AR, CRK Stocks to Gain From Gas Demand?
- Higher prices of natural gas are highly beneficial for companies like Range Resources Corporation, Antero Resources Corporation and Comstock Resources Inc.
- 11/13/2024
|
Comstock Resources Continues To Burn Cash
- Comstock reported negative $52 million in Q3 2024 FCF, bringing its YTD FCF to negative $308 million. It has made improvements with Western Haynesville D&C costs, but I believe it still requires a further 15% to 20% reduction to be competitive with legacy Haynesville wells. Comstock's 2024 production results are trending to be a bit lower than its guidance midpoint.
- 11/01/2024
|
Comstock Resources, Inc. (CRK) Q3 2024 Earnings Call Transcript
- Comstock Resources, Inc. (NYSE:CRK ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Jay Allison - Chairman and CEO Roland Burns - President and CFO Daniel Harrison - COO Ronald Mills - VP of Finance and IR Conference Call Participants Carlos Escalante - Wolfe Research Charles Meade - Johnson Rice Jacob Roberts - TPH & Co Noel Parks - Tuohy Brothers Investment Research Bertrand Donnes - Truist Geoff Jay - Daniel Energy Partners Paul Diamond - Citi Operator Good day, and thank you for standing by. Welcome to the Third Quarter 2024 Comstock Resources Earnings Call.
- 10/31/2024
|
Comstock Resources (CRK) Reports Q3 Loss, Lags Revenue Estimates
- Comstock Resources (CRK) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to earnings of $0.04 per share a year ago.
- 10/30/2024
|
COMSTOCK RESOURCES, INC. REPORTS THIRD QUARTER 2024 FINANCIAL AND OPERATING RESULTS
- FRISCO, TX, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended September 30, 2024.
- 10/30/2024
|
Analysts Estimate Comstock Resources (CRK) to Report a Decline in Earnings: What to Look Out for
- Comstock (CRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/23/2024
|
Natural Gas Climbs for 5th Week: How to Play the Commodity?
- Investors would be wise to focus on resilient stocks such as AR and CTRA. Meanwhile, it may be prudent to avoid more speculative options like CRK.
- 09/30/2024
|
Comstock Resources: A Speculative Play On The Western Haynesville
- Comstock Resources, Inc., an E&P company focused on natural gas in the Haynesville and Bossier shales, faces challenges due to weak natural gas prices. Despite operational efficiency and cost management in its legacy Haynesville assets, Comstock's financials suffered in Q2 2024, with lower realized sales prices and reduced capital expenditures. Comstock's high debt load and inadequate hedging strategy in early 2024 pose risks, but a shift to more aggressive hedging aims to mitigate future price downturns.
- 08/26/2024
|
NFL Team Owner Boosts a Stake, and Other Notable Insider Buying
- 24/7 Wall St. Insights An NFL team owner continues to boost a stake in an energy stock.
- 08/25/2024
|
Over $34M Bet On Comstock Resources? Check Out These 3 Stocks Executives Are Buying
- Although U.S. stocks closed lower on Thursday, there were a few notable insider trades.
- 08/23/2024
|
Insider Buying in These 4 Energy Stocks Surges
- 24/7 Wall St. Insights There were notable insider purchases in a handful of energy companies last week, as well as at a leading fintech firm and a casino operator.
- 08/11/2024
|
Comstock Resources, Inc. (CRK) Q2 2024 Earnings Call Transcript
- Comstock Resources, Inc. (NYSE:CRK ) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Jay Allison - Chairman and CEO Roland Burns - President and CFO Dan Harrison - COO Ron Mills - VP of Finance and IR Conference Call Participants Carlos Escalante - Wolfe Research Jacob Roberts - TPH & Company Charles Meade - Johnson Rice Bertrand Donnes - Truist Kevin McCurdy - Pickering Energy Partners Leo Mariani - ROTH Neil Mehta - Goldman Sachs Phillips Johnston - Capital One Securities Noel Parks - Tuohy Brothers Investment Research Paul Diamond - Citi Gregg Brody - Bank of America Geoff Jay - Daniel Energy Partners Operator Thank you for standing by and welcome to Comstock Resources Second Quarter 2024 Earnings Conference Call. [Operator Instructions] I would now like to hand the call over to Jay Allison, Chairman and CEO.
- 07/31/2024
|
Comstock Resources (CRK) Reports Q2 Loss, Lags Revenue Estimates
- Comstock Resources (CRK) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to break-even earnings per share a year ago.
- 07/30/2024
|
COMSTOCK RESOURCES, INC. REPORTS SECOND QUARTER 2024 FINANCIAL AND OPERATING RESULTS
- FRISCO, TX, July 30, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended June 30, 2024.
- 07/30/2024
|
Comstock Resources (CRK): Strong Industry, Solid Earnings Estimate Revisions
- Comstock Resources (CRK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 06/20/2024
|
Top 4 Large-Cap Stocks With Major Short Interest
- With the ongoing GameStop saga reigniting interest in meme stocks, investors, or more likely traders and speculators, are once again seeking out stocks with high short interest. As the overall market, the technology sector, and many global-leading household stocks trade near all-time highs, trader's appetite for risk and speculative plays may be increasing.
- 06/13/2024
|
Oil Mergers Are Taking Off. These Stocks Stand to Win or Lose.
- Small and midsize oil and gas companies could be winners as they attract attention from acquirers. Oil field service companies, by contrast, could be hurt by fewer customers.
- 05/30/2024
|
Comstock Resources (CRK) Reports Q1 Loss, Misses Revenue Estimates
- Comstock Resources (CRK) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $0.33 per share a year ago.
- 05/01/2024
|
COMSTOCK RESOURCES, INC. REPORTS FIRST QUARTER 2024 FINANCIAL AND OPERATING RESULTS
- FRISCO, TX, May 01, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended March 31, 2024.
- 05/01/2024
|
Earnings Preview: Comstock Resources (CRK) Q1 Earnings Expected to Decline
- Comstock (CRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/24/2024
|
COMSTOCK RESOURCES, INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- 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.
- 04/05/2024
|
COMSTOCK RESOURCES, INC. ANNOUNCES UPSIZE AND PRICING OF $400.0 MILLION OFFERING OF SENIOR NOTES DUE 2029
- 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.
- 04/02/2024
|
COMSTOCK RESOURCES, INC. ANNOUNCES PRIVATE OFFERING OF 6.75% SENIOR NOTES DUE IN 2029
- 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.
- 04/02/2024
|
Huge Insider Buying From Buffett, an NFL Team Owner, a New CEO
- Yet again, the Oracle of Omaha has bolstered his stake in a media giant's tracking stocks.
- 03/31/2024
|
Why Comstock Resources Stock Scored a Touchdown This Week
- Its majority owner, Jerry Jones, has injected more than $100 million into the company. This strengthens his already considerable Comstock equity holding.
- 03/29/2024
|
COMSTOCK RESOURCES, INC. ANNOUNCES $100.5 MILLION INVESTMENT BY MAJORITY SHAREHOLDER
- 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, 2024. Closing of the transaction is subject to customary closing conditions. Following the equity investment, Jerry Jones will own approximately 67% of the Company's common shares outstanding, up from 65% before this equity investment.
- 03/20/2024
|
Comstock Resources: Ace In The Hole
- Comstock Resources operates in a "swing basin" with low location costs, giving them a competitive advantage over latecomers to the Haynesville Basin. The rig count in the Haynesville dry gas production is declining. The rig count will continue to decline until natural gas prices recover.
- 03/15/2024
|
Bear of the Day: Comstock Resources (CRK)
- This natural gas producer recently suspended its dividend.
- 02/15/2024
|
Comstock Resources, Inc. (CRK) Q4 2023 Earnings Call Transcript
- Comstock Resources, Inc. (CRK) Q4 2023 Earnings Call Transcript
- 02/14/2024
|
Comstock Resources: Dropping Rigs And Suspending Dividend To Reduce Cash Burn
- Comstock Resources: Dropping Rigs And Suspending Dividend To Reduce Cash Burn
- 02/14/2024
|
Comstock (CRK) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- Although the revenue and EPS for Comstock (CRK) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 02/13/2024
|
Comstock Resources (CRK) Q4 Earnings and Revenues Miss Estimates
- Comstock Resources (CRK) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $1.05 per share a year ago.
- 02/13/2024
|
COMSTOCK RESOURCES, INC. REPORTS FOURTH QUARTER 2023 FINANCIAL AND OPERATING RESULTS
- FRISCO, TX, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter and year ended December 31, 2023.
- 02/13/2024
|
Analysts Estimate Comstock Resources (CRK) to Report a Decline in Earnings: What to Look Out for
- Comstock (CRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/06/2024
|
COMSTOCK RESOURCES, INC. ANNOUNCES FOURTH QUARTER 2023 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- FRISCO, TX, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release fourth quarter 2023 results on February 13, 2024 after the market closes and host its quarterly conference call at 10:00 a.m. CT on February 14, 2024 to discuss the third quarter results.
- 01/15/2024
|
New Strong Sell Stocks for January 4th
- ALTO, CRK and ENR have been added to the Zacks Rank #5 (Strong Sell) List on January 4, 2024.
- 01/04/2024
|
Comstock Resources: Betting On Jerry Jones
- Jerry Jones owns enough stock to control Comstock Resources. Demand for natural gas is still growing, as indicated by bullish forecasts from gas handling equipment suppliers. Supply growth is moderating and storage levels are comfortably below peak levels, suggesting a potential adjustment in natural gas prices.
- 01/01/2024
|
Comstock Resources: The Race Is On
- Haynesville pure play E&P companies face challenges in 2024 due to falling natural gas prices, rising supply and stable demand. Comstock will see cash burn through 2024 as a result of lower natural gas prices and high infrastructure & drilling costs in the Western Haynesville. Production data shows high IP and decline rates in the Western Haynesville.
- 12/21/2023
|
Comstock Resources: When The Market Gives You Lemons
- Comstock Resources stock is down 20% due to warmer weather and high gas storage levels. New LNG plants set to open in 2024-2026 will create new demand for gas. The future investment case for Comstock Resources depends on higher gas prices and potential catalysts in the Haynesville region.
- 11/19/2023
|
The Dividend Investor's Natural Gas Export Playbook - Part 5
- The final edition of my natural gas export playbook has analyzed two companies that didn't make the cut but still poses opportunity to capitalize on LNG exports. Comstock Resources and USA Compression receive an honorable mention for potential growth in the natural gas market. Both companies are small in size that have the ability to outperform if their weaknesses can be properly managed.
- 11/11/2023
|
Compared to Estimates, Comstock (CRK) Q3 Earnings: A Look at Key Metrics
- The headline numbers for Comstock (CRK) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 10/30/2023
|
Comstock Resources: Swing Producer
- Comstock Resources has low production costs, but there are other factors to consider when investing in the company. Operating costs for the company are among the best in the industry. But drilling and completion costs more than offset that advantage. Competitors with higher production volume or higher value production may be more profitable in the long run.
- 10/15/2023
|
Comstock Resources: Upside Likely Requires $4 Long-Term Natural Gas
- Comstock is now projected to end up with a modest amount of positive cash flow in 2024 after dividends. CRK's value is estimated at $12.75 at long-term $3.75 NYMEX gas and $14.75 at long-term $4.00 NYMEX gas. Overall, natural gas supply growth has been relatively flat and may start declining.
- 10/12/2023
|
7 High-Yield Energy Stocks to Buy as Oil Prices Rise
- Energy stocks are getting stronger as oil prices gush higher. Granted, 2023 didn't begin as strongly for the sector with prices cooling.
- 09/25/2023
|
COMSTOCK RESOURCES, INC. ANNOUNCES THIRD QUARTER 2023 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- FRISCO, TX, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release third quarter 2023 results on October 30, 2023 after the market closes and host its quarterly conference call at 10:00 a.m. CT on October 31, 2023 to discuss the third quarter results.
- 09/20/2023
|
Comstock Resources: Treading Water
- Comstock Resources is a natural gas exploration and production company focused on the Haynesville shale region. The company's breakeven costs are low, with all-in break-even prices at $2.17 per MMbtu in 1H 2023. Natural gas prices are expected to have a floor around $3 per MMbtu, providing potential for stronger margins in the future.
- 08/07/2023
|
Comstock (CRK) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
- Although the revenue and EPS for Comstock (CRK) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 07/31/2023
|
Comstock Resources (CRK) Reports Break-Even Earnings for Q2
- Comstock Resources (CRK) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.05. This compares to earnings of $1 per share a year ago.
- 07/31/2023
|
COMSTOCK RESOURCES, INC. ANNOUNCES SECOND QUARTER 2023 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- FRISCO, TX, July 05, 2023 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release second quarter 2023 results on July 31, 2023 after the market closes and host its quarterly conference call at 10:00 a.m. CT on August 1, 2023 to discuss the second quarter results.
- 07/05/2023
|
Comstock Resources: A Number Of Catalysts Over The Next Year
- Comstock Resources, Inc. has struggled over the past 8 months as gas prices have declined. We think that period is coming to an end and better gas prices will boost Comstock stock. Investors looking for growth and income may want to consider Comstock Resources stock.
- 06/27/2023
|
Natural Gas Books First Gain in 3 Weeks: Here's Why
- In the absence of a sustained rally in the natural gas market, we advise focusing on fundamentally sound companies like CHK and LNG.
- 06/12/2023
|
Bear of the Day: Comstock Resources (CRK)
- Natural gas prices have plunged in 2023.
- 06/06/2023
|
Natural Gas Takes a Weekly Drubbing on EIA Report, Weather
- In the absence of a sustained a rally in the natural gas market, we advise focusing on fundamentally sound companies like CHK and LNG.
- 06/05/2023
|
Natural Gas Prices Tick Down 16% as Demand Worries Linger
- With natural gas prices depreciating significantly in 2023, we advise focusing on fundamentally sound companies like CHK and LNG.
- 05/29/2023
|
Last Week Was a Good One for Natural Gas Market: This Is Why
- With natural gas prices depreciating significantly in 2023, we advise focusing on fundamentally sound companies like SBOW and LNG.
- 05/22/2023
|
Comstock Has Laid The Groundwork For Strong Performance
- Comstock's TSR over the last five years has trailed that of the S&P 500. However, with dividends restored, thanks to strong FCF growth, the company has the tools to close the gap.
- 05/19/2023
|
Comstock Resources: Low Gas Prices A Drag, Nothing Remarkable In The Near Term
- Comstock Resources, Inc. is an independent E&P that operates in the Haynesville Shale. The price of natural gas has fallen substantially this year due to a supply glut, and it does not appear that this is likely to change in the near term.
- 05/15/2023
|
Here's What Happened to the Natural Gas Market Last Week
- With natural gas prices having depreciated significantly in 2023, we advise focusing on fundamentally sound companies like SBOW and LNG.
- 04/18/2023
|
Natural Gas Prices Extend Losses for Yet Another Week
- With natural gas prices having depreciated significantly in 2023, we advise focusing on fundamentally sound companies like SBOW and LNG.
- 04/10/2023
|
COMSTOCK RESOURCES, INC. ANNOUNCES FIRST QUARTER 2023 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- FRISCO, TX, April 03, 2023 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release first quarter 2023 results on May 2, 2023 after the market closes and host its quarterly conference call at 10:00 a.m. CT on May 3, 2023 to discuss the first quarter results.
- 04/03/2023
|
Natural Gas Slipped Below $2 Mark Last Week: Here's Why
- With natural gas prices having depreciated significantly in 2023, we advise focusing on fundamentally sound companies like SBOW and LNG.
- 04/03/2023
|
Bear of the Day: Comstock Resources (CRK)
- Has natural gas bottomed?
- 04/03/2023
|
Comstock Resources: 3.8% Dividend Yield And 7-10% Growth
- 3.8% dividend yield, with lowest-in-the-industry cost structure which helps generate >80% EBITDAX margins. 1,445 MMcfe/d of production with a 3-year-CAGR of 21%.
- 02/16/2023
|
Comstock Resources, Inc. (CRK) Q4 2022 Earnings Call Transcript
- Comstock Resources, Inc. (NYSE:CRK ) Q4 2022 Earnings Conference Call February 15, 2023 11:00 AM ET Company Participants Jay Allison - Chairman and CEO Roland Burns - President and CFO Daniel Harrison - COO Ronald Mills - VP of Finance and IR Conference Call Participants Derrick Whitfield - Stifel Charles Meade - Johnson Rice Umang Choudhary - Goldman Sachs Bertrand Donnes - Truist Jacob Roberts - Tudor Pickering Holt & Company Leo Mariani - MKM Partners Paul Diamond - Citi Operator Thank you for standing by, and welcome to Comstock Resources Fourth Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.
- 02/15/2023
|
Comstock Resources (CRK) Q4 Earnings and Revenues Surpass Estimates
- Comstock (CRK) delivered earnings and revenue surprises of 25% and 27.17%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/14/2023
|
Comstock Resources: A Solid Way To Play A Potential Rebound In Natural Gas
- The price of natural gas is down significantly to start 2023 and down almost 70% in the last six months. Comstock has a very attractive cost structure and easy access to export facilities in the Gulf.
- 02/09/2023
|
COMSTOCK RESOURCES, INC. ANNOUNCES FOURTH QUARTER 2022 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- FRISCO, TX, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release fourth quarter and annual 2022 results on February 14, 2023 after the market closes and host its quarterly conference call at 10:00 a.m. CT on February 15, 2023 to discuss the fourth quarter results.
- 01/17/2023
|
Comstock Resources: Going For Low And Lower
- Comstock Resources, Inc.'s industry-leading low costs are likely to be just that for the foreseeable future. The close location to exporting facilities is a huge transportation cost advantage.
- 01/12/2023
|
Should Investors Focus on These 4 U.S. Upstream Stocks?
- The Zacks Oil and Gas - US E&P operators like APA, AR, CRK and NOG have the capacity to tackle inflationary and other pressures.
- 01/12/2023
|
Top 5 Energy Stocks That May Surge - Excelerate Energy (NYSE:EE), Comstock Res (NYSE:CRK)
- The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
- 01/06/2023
|
With Bear Market Scars, These 26 Stocks Expect Up To 1,220% Growth
- Oil stocks dominate this list of today's fastest-growing stocks, all eyeing 100%-1,220% EPS gains this year. The post With Bear Market Scars, These 26 Stocks Expect Up To 1,220% Growth appeared first on Investor's Business Daily.
- 12/21/2022
|
Know Why Natural Gas Prices Ended 5.7% Higher Past Week
- Despite some hiccups, natural gas prices have appreciated significantly in 2022, lifting shares of companies like RRC, EQT and CRK.
- 12/20/2022
|
Comstock Resources May Generate Over $1 Billion In Positive Cash Flow In 2023
- At current strip, Comstock is projected to generate over $1 billion in positive cash flow in 2023 before dividends. Jerry Jones converted his preferred shares into common shares to help take advantage of Comstock's new $0.50 per share annualized dividend.
- 12/19/2022
|
Key Factors That Affected Natural Gas Markets Last Week
- Despite some hiccups, natural gas prices have appreciated significantly in 2022, lifting shares of companies like RRC, EQT and CRK.
- 12/12/2022
|
U.S. Natural Gas: Analysis of the EIA's Weekly Inventory Data
- Despite some hiccups along the way, natural gas prices have appreciated significantly in 2022, lifting shares of companies like RRC, EQT and CRK.
- 12/05/2022
|
Oil Firm Eyeing 3,755% Q4 Growth Leads 24 Fastest-Growing Stocks
- With analysts expecting a whopping 3,755% Q4 growth, H.F. Sinclair leads this list of 24 of today's fastest-growing stocks.
- 12/01/2022
|
Natural Gas Spikes Above $7 After First Draw of the Season
- Natural gas-oriented companies like Cheniere Energy (LNG), EQT Corporation (EQT) and Comstock Resources (CRK) can make money even in a volatile environment.
- 11/28/2022
|
Freezing Weather Pushes Up Heating Demand, Natural Gas Price
- Natural gas-oriented companies like Cheniere Energy (LNG), EQT Corporation (EQT) and Comstock Resources (CRK) can make money even in a volatile environment.
- 11/21/2022
|
Comstock Resources, Inc. (CRK) Q3 2022 Earnings Call Transcript
- Comstock Resources, Inc. (NYSE:CRK ) Q3 2022 Earnings Conference Call November 2, 2022 10:00 AM ET Company Participants Jay Allison - Chairman and Chief Executive Officer Roland Burns - President and Chief Financial Officer Daniel Harrison - Chief Operating Officer Conference Call Participants Derrick Whitfield - Stiefel Charles Meade - Johnson Rice Fernando Zavala - Pickering Energy Partners Neal Dingmann - Truist Securities Umang Choudhary - Goldman Sachs Phillips Johnston - Capital One Paul Diamond - Citi Noel Parks - Tuohy Brothers Leo Mariani - MKM Partners Operator Good day and thank you for standing by, welcome to Third Quarter 2022 Comstock Resources Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 11/02/2022
|
Comstock Resources (CRK) Beats Q3 Earnings and Revenue Estimates
- Comstock (CRK) delivered earnings and revenue surprises of 2.61% and 37.18%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/01/2022
|
5 Stocks to Make the Most of the Halloween Effect
- With a buying opportunity playing out in the stock market, investing in sound stocks like CalMaine Foods (CALM), Comstock Resources (CRK), Halliburton (HAL), PBF Energy (PBF) and Molina Healthcare (MOH) seems prudent.
- 10/31/2022
|
CVX, Partners Pursue Lower-Carbon Hydrogen & Ammonia Project
- CVX, along with its partners, is likely to team up on a joint study to gauge and advance the development of a hydrogen and ammonia production facility along the U.S. Gulf Coast.
- 10/26/2022
|
Are Oils-Energy Stocks Lagging Comstock Resources (CRK) This Year?
- Here is how Comstock Resources (CRK) and HF Sinclair (DINO) have performed compared to their sector so far this year.
- 10/26/2022
|
Comstock Resources: Attractive Valuation And LNG Growth Potential
- Comstock Resources is an independent E&P focusing on the production of natural gas in the Haynesville Shale. The high quality of the company's acreage allows it to produce natural gas for an incredibly cheap price and at very high margins.
- 10/25/2022
|
Reevaluating Comstock Resources After The Decline In Near-Term Gas Prices
- The natural gas strip for 2023 has gone from around $6.50 in late August to around $5 now. This reduces Comstock's projected 2023 cash flow by around $700 million to $750 million.
- 10/25/2022
|
More Appreciation on the Horizon for These 5 U.S. Upstream Stocks
- Notwithstanding recession-related headwinds, the Zacks Oil and Gas - US E&P operators like APA, AR, CRK, NOG and ESTE should enjoy some upside momentum for the time being.
- 10/18/2022
|
Natural Gas Stalls for 8th Week, Still Up Significantly YTD
- Natural gas-oriented companies like EQT Corporation (EQT), Comstock Resources (CRK) and Range Resources (RRC) have seen solid gains in 2022.
- 10/17/2022
|
COMSTOCK RESOURCES, INC. ANNOUNCES DATE CHANGE FOR THIRD QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL
- FRISCO, TX, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) announces it has changed the date and time of its previously announced earnings release and conference call for the third quarter of 2022. The Company will now release the third quarter 2022 results on November 1, 2022 after the market closes and host its quarterly conference call at 9 :00 a.m. CT on November 2, 2022 to discuss the third quarter results.
- 10/17/2022
|
Is the Options Market Predicting a Spike in Comstock (CRK) Stock?
- Investors need to pay close attention to Comstock (CRK) stock based on the movements in the options market lately.
- 10/12/2022
|
3 Reasons Growth Investors Will Love Comstock (CRK)
- Comstock (CRK) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 10/11/2022
|
Are Investors Undervaluing Comstock Resources (CRK) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/10/2022
|
COMSTOCK RESOURCES, INC. ANNOUNCES THIRD QUARTER 2022 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- FRISCO, TX, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release third quarter 2022 results on November 8, 2022 after the market closes and host its quarterly conference call at 10:00 a.m. CT on November 9, 2022 to discuss the second quarter results.
- 10/04/2022
|
KeyBanc's Rezvan makes the bull case for oil stocks
- Tim Rezvan, managing director of equity research at KeyBanc Capital Markets, joins 'The Exchange' to discuss opportunities for mid-cap growth in energy markets, U.S. oil production growth forecasts and energy companies to watch.
- 09/20/2022
|
Energy Stock Nears Buy Point In Resilient Action As Earnings Growth Surges
- The energy stock is forming a base with a new buy point. The post Energy Stock Nears Buy Point In Resilient Action As Earnings Growth Surges appeared first on Investor's Business Daily.
- 09/01/2022
|
5 Best-Performing Stocks of the Top ETF of August
- iShares U.S. Oil & Gas Exploration & Production ETF (IEO) topped the list of the best-performing U.S. equity ETFs in August, gaining about 15%. The rally was driven by a rise in oil price.
- 08/30/2022
|
Comstock Resources: Follow The Leader
- Retail investors often have a chance to invest alongside major shareholders at a lower cost, and such was the case with Comstock Resources. Major investors often do not worry about stock price fluctuations that frequently concern retail investors.
- 08/25/2022
|
Comstock Resources: Generating Plenty Of Cash To Return To Shareholders
- Comstock may be able to generate over $2 billion in positive cash flow between 2H 2022 and the end of 2023. This could allow it to return $1 billion to shareholders while also being able to redeem its 6.75% notes due 2029 in March 2024 with cash on hand.
- 08/25/2022
|
Comstock Resources, Inc. (CRK) CEO Jay Allison on Q2 2022 Results - Earnings Call Transcript
- Comstock Resources, Inc. (NYSE:CRK ) Q2 2022 Earnings Conference Call August 2, 2022 11:00 AM ET Company Participants Jay Allison - Chairman & CEO Roland Burns - President & CFO Daniel Harrison - COO Ronald Mills - VP of Finance & IR Conference Call Participants Austin Aucoin - Johnson Rice & Company Umang Choudhary - Goldman Sachs Neal Dingmann - Truist Securities Leo Mariani - MKM Partners Fernando Zavala - Pickering Energy Partners Noel Parks - Tuohy Brothers Operator Thank you for standing by, and welcome to Comstock Resources Second Quarter Fiscal Year 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 08/02/2022
|
Comstock Resources (CRK) Q2 Earnings and Revenues Surpass Estimates
- Comstock (CRK) delivered earnings and revenue surprises of 7.53% and 41.37%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/01/2022
|
Oil Stocks Drive Market Rally; Earnings Due
- Several oil stocks leapt Friday as oil prices rose. Occidental, New Fortress and Viper are due to report earnings within days.
- 07/29/2022
|
Comstock (CRK) Headed for Strong Q2 Earnings: Know Why
- Comstock Resources' (CRK) profit levels in the second quarter is set to have benefited from surging natural gas price realizations.
- 07/29/2022
|
Natural Gas Notched Its First Gain in Four Weeks: Here's Why
- Natural gas-oriented companies like SilverBow Resources (SBOW), Cheniere Energy (LNG), Antero Resources (AR) and Comstock Resources (CRK) can make money even in a volatile environment.
- 07/11/2022
|
COMSTOCK RESOURCES, INC. ANNOUNCES SECOND QUARTER 2022 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- FRISCO, TX, June 29, 2022 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release second quarter 2022 results on August 1, 2022 after the market closes and host its quarterly conference call at 10:00 a.m. CT on August 2, 2022 to discuss the second quarter results.
- 06/29/2022
|
Buffett, Jones and Hamm: An Oil Wisdom Trifecta
- Someone once said, “Better than being smart is knowing who is!” Over the last few weeks, three of the richest and most successful businessmen in the U.S. have let us know what they think about being in the oil and gas business.
- 06/28/2022
|
APA's Rasper Well Strikes Water in Offshore Suriname's Block 53
- APA completes drilling operations on the Rasper well in Suriname's Block 53, in which it holds a 45% interest.
- 06/16/2022
|
Comstock Resources: Attractive Valuation And Strengthening Balance Sheet
- Comstock Resources is a little-known E&P producing natural gas in the Haynesville Shale. The company's finances improved significantly in the first quarter due to high natural gas prices, helping it to begin reducing its debt.
- 06/16/2022
|
Looking for a Growth Stock? 3 Reasons Why Comstock (CRK) is a Solid Choice
- Comstock (CRK) possesses solid growth attributes, which could help it handily outperform the market.
- 06/13/2022
|
Natural Gas Names Continue to Surge, Hits New 52-Week Highs
- Natural gas stocks like CRK, SWN, CNX, AR and RRC are on a roll as soaring prices of the fuel push them to new highs.
- 06/13/2022
|
Has Comstock Resources (CRK) Outpaced Other Oils-Energy Stocks This Year?
- Here is how Comstock Resources (CRK) and Magnolia Oil & Gas Corp (MGY) have performed compared to their sector so far this year.
- 06/10/2022
|
Earnings Estimates Rising for Comstock (CRK): Will It Gain?
- Comstock (CRK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 06/06/2022
|
Looking for a Growth Stock? 3 Reasons Why Comstock (CRK) is a Solid Choice
- Comstock (CRK) could produce exceptional returns because of its solid growth attributes.
- 05/27/2022
|
Are Oils-Energy Stocks Lagging Comstock Resources (CRK) This Year?
- Here is how Comstock Resources (CRK) and Genel Energy (GEGYY) have performed compared to their sector so far this year.
- 05/25/2022
|
Comstock Resources: May Reduce Its Net Debt To Under $300 Million By End Of 2023
- Comstock is projected to generate over $1 billion in positive cash flow in 2022 at current strip. This may increase to $1.3+ billion in positive cash flow 2023 at current strip due to a relative lack of hedges.
- 05/20/2022
|
Looking for a Growth Stock? 3 Reasons Why Comstock (CRK) is a Solid Choice
- Comstock (CRK) possesses solid growth attributes, which could help it handily outperform the market.
- 05/11/2022
|
Is Comstock Resources (CRK) Stock Outpacing Its Oils-Energy Peers This Year?
- Here is how Comstock Resources (CRK) and Diamondback Energy (FANG) have performed compared to their sector so far this year.
- 05/09/2022
|
Comstock Resources, Inc. (CRK) CEO Miles Allison on Q1 2022 Results - Earnings Call Transcript
- Comstock Resources, Inc. (NYSE:CRK ) Q1 2022 Earnings Conference Call May 4, 2022 11:00 AM ET Company Participants Miles Allison - Chairman & CEO Roland Burns - President, CFO, Secretary & Director Daniel Harrison - COO Ronald Mills - VP of Finance & IR Conference Call Participants Derrick Whitfield - Stifel, Nicolaus & Company Umang Choudhary - Goldman Sachs Group Neal Dingmann - Truist Securities Charles Meade - Johnson Rice & Company Phillips Johnston - Capital One Securities Noel Parks - Tuohy Brothers Investment Research Steven Dechert - KeyBanc Capital Markets Operator Ladies and gentlemen, thank you for standing by, and welcome to Q1 2022 Comstock Resources, Incorporated earnings conference call. [Operator Instructions].
- 05/04/2022
|
Comstock Resources (CRK) Q1 Earnings Meet Estimates
- Comstock (CRK) delivered earnings and revenue surprises of 0% and 21.99%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/03/2022
|
Comstock (CRK) Moves to Strong Buy: Rationale Behind the Upgrade
- Comstock (CRK) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 04/22/2022
|
Is Comstock Resources (CRK) Outperforming Other Oils-Energy Stocks This Year?
- Here is how Comstock Resources (CRK) and Vaalco Energy (EGY) have performed compared to their sector so far this year.
- 04/22/2022
|
Best Momentum Stocks to Buy for April 22nd
- SBOW, CRK, and GOGO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 22, 2022.
- 04/22/2022
|
Comstock Resources: Harvest Time
- The day of "raking in the profits" has arrived. The hedging program is a "bone of contention" with the market.
- 04/20/2022
|
What Makes Comstock Resources (CRK) a Strong Momentum Stock: Buy Now?
- Does Comstock Resources (CRK) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 04/11/2022
|
3 Stocks to Buy as Natural Gas Rallies to Highest Since 2008
- An encouraging macro backdrop has accelerated the tailwinds for natural gas equities. In this context, companies like AR, CNX and CRK look particularly interesting.
- 04/11/2022
|
Solid Sales Growth Makes These 5 Stocks Worth Betting on
- Solid sales growth is vital to gauge a company's health and ability to sustain its business. Let's check out News Corporation (NWSA), Commercial Metals (CMC), Lennar (LEN), Lithia Motors (LAD) & Comstock Resources (CRK), which are posting top-line growth.
- 04/08/2022
|
Best-Performing Stocks of the Top ETF of March
- SPDR S&P Oil & Gas Exploration & Production ETF (XOP) topped the list of the best-performing U.S. equity ETFs in January, gaining about 23%.
- 03/31/2022
|
COMSTOCK RESOURCES, INC. ANNOUNCES FIRST QUARTER 2022 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- FRISCO, TX, March 30, 2022 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) announces its plan to release first quarter 2022 results on May 3, 2022 after the market closes and host its quarterly conference call at 10:00 a.m. CT on May 4, 2022. Please dial in at least 15 minutes in advance to ensure a timely connection to the call.
- 03/30/2022
|
Comstock Resources: Collaring The Rocket
- Comstock Resources stock (CRK) has been rocketing upward this year and has quickly produced big gains on my position.
- 03/29/2022
|
Gas Up Your Portfolio With Comstock And Earthstone Energy
- High oil and gas prices to persist throughout 2022. Natural gas Inventories dropping to record lows.
- 03/01/2022
|
Comstock Resources: Significant Deleveraging Expected In 2022
- Comstock should be able to generate over $600 million in positive cash flow in 2022 at current strip.
- 02/19/2022
|
Comstock Resources, Inc. (CRK) CEO Jay Allison on Q4 2021 Results - Earnings Call Transcript
- Comstock Resources, Inc. (CRK) CEO Jay Allison on Q4 2021 Results - Earnings Call Transcript
- 02/16/2022
|
Comstock Resources (CRK) Q4 Earnings Lag Estimates
- Comstock (CRK) delivered earnings and revenue surprises of -7.50% and 44.25%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/15/2022
|
Comstock Resources (CRK) Earnings Expected to Grow: Should You Buy?
- Comstock (CRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/08/2022
|
New Strong Sell Stocks for January 31st
- CRK, FFIV, and HONE have been added to the Zacks Rank #5 (Strong Sell) List on January 31, 2022
- 01/31/2022
|
Natural Gas Gains in the Face of Intense Cold Forecasts
- With the natural gas market being a function of the unpredictable short-term temperature forecasts, investors should stay put in companies like SilverBow Resources (SBOW), Chesapeake Energy (CHK) and Comstock Resources (CRK).
- 01/10/2022
|
Natural Gas Gains 47% in 2021: Will It Climb Further in 2022?
- With the natural gas market being a function of the unpredictable short-term temperature forecasts, investors should stay put in companies like SilverBow Resources (SBOW), Range Resources (RRC) and Comstock Resources (CRK).
- 01/05/2022
|
COMSTOCK RESOURCES, INC. ANNOUNCES FOURTH QUARTER 2021 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- FRISCO, TX, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) announces its plan to release fourth quarter 2021 results on February 15, 2022 after the market closes and host its quarterly conference call at 10:00 a.m. CT on February 16, 2022. Please dial in at least 15 minutes in advance to ensure a timely connection to the call.
- 01/04/2022
|
Comstock Resources: What A Difference A Price Increase Makes
- Comstock has probably the lowest costs of a decent sized producer in the dry gas business. Cash flow has about doubled over the rate of the last fiscal year.
- 01/01/2022
|
Natural Gas Moves Higher As Weather Models Turn Bullish
- With the natural gas market being unpredictable, investors should stay put in companies like SilverBow Resources (SBOW), Range Resources (RRC) and Comstock Resources (CRK).
- 12/27/2021
|
Natural Gas Endures a Rocky Week: What's Behind the Selloff?
- Considering forecasts of a warmer-than-normal winter, investors should stay put in natural gas-oriented companies like SilverBow Resources (SBOW), Range Resources (RRC) and Comstock Resources (CRK).
- 12/20/2021
|
Encouraging EIA Data Unable to Stop Natural Gas Price Slump
- Natural gas' future course will depend on demand for winter heating. As of now, investors should stay put in companies like CNX Resources (CNX), Range Resources (RRC) and Comstock Resources (CRK).
- 12/13/2021
|
Ignore the Rough Week: Natural Gas Is Still Attractive
- The steady flow of LNG demand is likely to support natural gas demand and prices. This should aid gas-weighted producers like CNX Resources (CNX), Chesapeake Energy (CHK), Range Resources (RRC) and Comstock Resources (CRK).
- 12/06/2021
|
Know Why Natural Gas Prices Ended 7.5% Higher Past Week
- The steady flow of LNG demand is likely to spur natural gas demand and prices. This should aid gas-weighted producers like CNX Resources (CNX), Chesapeake Energy (CHK), Comstock Resources (CRK) and Antero Resources (AR).
- 11/29/2021
|
Natural Gas Gains 5.7% for the Week: What's Behind the Rise?
- The steady flow of LNG demand is likely to support natural gas prices. The upward trend should aid gas-weighted producers like CNX Resources (CNX), Goodrich Petroleum (GDP), Comstock Resources (CRK) and Antero Resources (AR).
- 11/22/2021
|
Is Comstock Resources (CRK) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/17/2021
|
LNG Exports Fuel Natural Gas Optimism Despite Speed Bumps
- The steady flow of LNG demand is likely to support natural gas prices. The upward trend should aid gas-weighted producers like Range Resources (RRC), SilverBow Resources (SBOW), Comstock Resources (CRK) and Antero Resources (AR).
- 11/15/2021
|
Inflation Hasn't Hurt Sentiment, but Should You Play It Safe?
- A safe strategy with huge potential.
- 11/11/2021
|
Comstock Resources: Gassing Up
- Jerry Jones invested about $1 billion in this company. Comstock is now one of the lowest cost producers in the industry.
- 11/09/2021
|
Has Comstock Resources (CRK) Outpaced Other Oils-Energy Stocks This Year?
- Is (CRK) Outperforming Other Oils-Energy Stocks This Year?
- 11/08/2021
|
Comstock Resources, Inc. (CRK) CEO Jay Allison on Q3 2021 Results - Earnings Call Transcript
- Comstock Resources, Inc. (CRK) CEO Jay Allison on Q3 2021 Results - Earnings Call Transcript
- 11/03/2021
|
Comstock Resources (CRK) Sees Hammer Chart Pattern: Time to Buy?
- Comstock Resources (CRK) has been struggling lately, but the selling pressure may be coming to an end soon.
- 11/03/2021
|
Why Earnings Season Could Be Great for Comstock Resources (CRK)
- Comstock Resources (CRK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 11/01/2021
|
This Is Why Comstock (CRK) is Set for Strong Q3 Earnings
- Surging natural gas prices and higher production are likely to have boosted Comstock Resources' (CRK) profit levels in the third quarter.
- 10/28/2021
|
Buy These 4 Top-Ranked Stocks With Upgraded Broker Ratings
- It is always advisable to follow broker rating upgrades for finding profitable stocks. So, we pick Tri Pointe Homes (TPH), Comstock Resources (CRK), Coterra Energy (CTRA), and GasLog Partners (GLOP) as these have recorded ratings upgrades.
- 10/27/2021
|
Why the Earnings Surprise Streak Could Continue for Comstock (CRK)
- Comstock (CRK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 10/22/2021
|
Top Ranked Momentum Stocks to Buy for October 21st
- ARCH, CRK, and ERJ made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 21, 2021.
- 10/21/2021
|
Has Comstock Resources (CRK) Outpaced Other Oils-Energy Stocks This Year?
- Is (CRK) Outperforming Other Oils-Energy Stocks This Year?
- 10/21/2021
|
Natural Gas: Price Falls But Fundamentals Remain Bullish
- The bullish supply/demand fundamentals are likely to spur natural gas prices. The upward trend should aid gas-weighted producers like SBOW, RRC, GDP, CRK, EQT and CNX.
- 10/18/2021
|
Is Comstock Resources (CRK) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/15/2021
|
Comstock Resources (CRK) Stock Sinks As Market Gains: What You Should Know
- Comstock Resources (CRK) closed the most recent trading day at $9.21, moving -1.71% from the previous trading session.
- 10/14/2021
|
Surging Earnings Estimates Signal Upside for Comstock (CRK) Stock
- Comstock (CRK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 10/12/2021
|
Why the Natural Gas Rally Isn't Over Despite Bearish EIA Data
- Lower-than-normal stockpile levels and robust LNG consumption are likely to spur natural gas prices. The upward trend should aid gas-weighted producers like SBOW, RRC, GDP and CRK.
- 10/11/2021
|
COMSTOCK RESOURCES, INC. ANNOUNCES THE DIVESTITURE OF BAKKEN SHALE ASSETS
- FRISCO, TX, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that it has entered into an asset purchase agreement with Northern Oil & Gas, Inc. ("NOG") 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 (65.9 net) with recent production of greater than 4,500 net barrels of oil equivalent per day (approximately 65% oil). The sale is expected to close in the fourth quarter and will have an effective date of October 1, 2021. Comstock expects to recognize a pre-tax loss of $130-$140 million on the divestiture. EnergyNet is acting as exclusive advisor to Comstock on the sale.
- 10/07/2021
|
COMSTOCK RESOURCES, INC. ANNOUNCES THIRD QUARTER 2021 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- FRISCO, TX, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) 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.
- 09/29/2021
|
Best Performing Stocks of the Top US ETF of September
- Rising energy prices are benefiting the energy companies, including natural gas.
- 09/29/2021
|
Top 5 Sales Growth Stocks Worth Adding to Your Portfolio
- Sales growth is a vital indicator of any company's financial health. Let's check Olin (OLN), salesforce.com (CRM), Comstock Resources (CRK), Gaming and Leisure Properties (GLPI), and Stanley Black & Decker (SWK) as these are likely to record top-line growth.
- 09/28/2021
|
The Unsung Heroes of the Stock Market Today
- Forget well-known companies and focus on this niche of the market.
- 09/27/2021
|
Natural Gas Reclaims the Key $5 Mark on Optimistic Outlook
- Lower-than-normal stockpile levels and robust LNG consumption are likely to spur natural gas prices. The upward trend should aid gas-weighted producers like SBOW, RRC, and CRK.
- 09/27/2021
|
4 Key Reasons Why the Natural Gas Market Has Soared in 2021
- Lower-than-normal stockpile levels and robust consumption are likely to keep natural gas prices high. The upward trend should aid gas-weighted producers like COG, CRK, SBOW and RRC.
- 09/20/2021
|
3 Upstream Energy Stocks to Tap Rising Natural Gas Price
- Rising natural gas price is aiding exploration and production companies. Range Resources (RRC), Cabot Oil & Gas (COG) and Comstock Resources (CRK) are thus well positioned to gain.
- 09/17/2021
|
Why Natural Gas Stocks Were On Fire This Week
- Natural gas stocks rallied sharply this week.
- 09/16/2021
|
Believe in Relative Price Strength? Here Are 5 Stocks to Buy
- Belden (BDC), The TJX Companies (TJX), Comstock Resources (CRK), Greif (GEF) and Group 1 Automotive (GPI) are five stocks with explosive relative price strength.
- 09/16/2021
|
Comstock (CRK) Moves 9.7% Higher: Will This Strength Last?
- Comstock (CRK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
- 09/14/2021
|
Why Oil and Gas Stocks Sizzled Today
- OPEC sprang a surprise even as natural gas prices soared, fueling high investor interest in oil and gas stocks.
- 09/13/2021
|
Natural Gas Rallies to Highest Level Since 2014: 4 Picks
- An encouraging macro backdrop has accelerated the tailwinds for natural gas equities. In this context, companies like COG, RRC, CRK, and SBOW look particularly interesting.
- 09/13/2021
|
New Strong Buy Stocks for September 10th
- ASO, CRK, LGIH, GPS, and BY have been added to the Zacks Rank #1 (Strong Buy) List on September 10, 2021.
- 09/11/2021
|
Top Ranked Value Stocks to Buy for September 10th
- OMF, CRK, HVT, and CLS made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 10, 2021
- 09/10/2021
|
Top Ranked Momentum Stocks to Buy for September 10th
- CRK, ASO, RRC, and WLL made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 10, 2021.
- 09/10/2021
|
Here's Why Momentum Investors Will Love Comstock Resources (CRK)
- Does Comstock Resources (CRK) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 09/09/2021
|
Natural Gas Prices Are on a Tear But May Go Even Higher
- An encouraging macro backdrop have accelerated the tailwinds for natural gas equities. In this context, companies like COG, RRC, CRK and LNG look particularly interesting.
- 09/08/2021
|
Why Comstock (CRK) Might be Well Poised for a Surge
- Comstock (CRK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 09/03/2021
|
7 Oil Stocks to Sell for September
- While this certainly isn't 2020, the economy continues to deal with the pandemic and there's no better example than these oil stocks. The post 7 Oil Stocks to Sell for September appeared first on InvestorPlace.
- 08/30/2021
|
U.S. Natural Gas: Weekly Analysis of the EIA Inventory Data
- Lower-than-normal stockpile levels and robust LNG consumption are likely to spur natural gas prices. The upward trend should aid gas-weighted producers like COG and RRC.
- 08/23/2021
|
Natural Gas: Upside Potential Outweighs Bearish EIA Report
- Lower-than-normal stockpile levels and robust LNG consumption are likely to spur natural gas prices. The upward trend should aid gas-weighted producers like SWN, COG and RRC.
- 08/16/2021
|
Comstock Resources, Inc. (CRK) CEO Miles Allison on Q2 2021 Results - Earnings Call Transcript
- Comstock Resources, Inc. (CRK) CEO Miles Allison on Q2 2021 Results - Earnings Call Transcript
- 08/04/2021
|
COMSTOCK RESOURCES, INC. REPORTS SECOND QUARTER 2021 FINANCIAL AND OPERATING RESULTS
- FRISCO, TX, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended June 30, 2021.
- 08/03/2021
|
Why Comstock (CRK) is Poised to Beat Earnings Estimates Again
- Comstock (CRK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 07/29/2021
|
New Strong Buy Stocks for July 26th
- CRK, MATX, RGP, ESTE, and ICLR have been added to the Zacks Rank #1 (Strong Buy) List on July 26, 2021.
- 07/26/2021
|
Top Ranked Value Stocks to Buy for July 26th
- LPX, TSE, CRK, and MATX made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 26, 2021.
- 07/26/2021
|
Comstock Resources (CRK) Sees Hammer Chart Pattern: Time to Buy?
- Comstock Resources (CRK) has been struggling lately, but the selling pressure may be coming to an end soon
- 07/26/2021
|
Natural Gas Pushes Through $4 on Sizzling Summer Forecasts
- Favorable weather forecasts revealing hotter trends are likely to spur natural gas demand for cooling, and therefore prices. The upward trend should aid gas-weighted producers like SBOW, RRC and AR.
- 07/23/2021
|
This Is How Natural Gas Reacted to the Latest EIA Report
- Favorable weather forecasts revealing hotter trends are likely to spur natural gas demand for cooling, and therefore prices. The uptick should aid gas-weighted producers like SBOW, RRC and AR.
- 07/12/2021
|
Natural Gas Set to Extend Q2's Bull Run: 5 Stocks in Focus
- Favorable weather forecasts revealing hotter trends are likely to spur natural gas' demand for cooling, and therefore prices. The upward trend should aid gas-weighted producers like SBOW, RRC, AR, CRK and EQT.
- 07/06/2021
|
Natural Gas Futures Stumbled Last Week: Let's Find Out Why
- While natural gas is still up above the $3 threshold, the fuel's continued success will depend on demand for summer cooling. As of now, investors should stay invested in companies like CRK, COG and AR.
- 06/21/2021
|
COMSTOCK RESOURCES, INC. ANNOUNCES SECOND QUARTER 2021 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- FRISCO, TX, June 15, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) 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.
- 06/15/2021
|
COMSTOCK RESOURCES, INC. ANNOUNCES PRICING OF $965 MILLION OFFERING OF NEW SENIOR NOTES DUE 2030
- FRISCO, TX, June 14, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) ("Comstock" or the "Company") 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"). The notes were sold at par. The offering is expected to close on June 28, 2021, subject to customary closing conditions.
- 06/14/2021
|
Natural Gas Hits Its Highest Level of the Year: Here's Why
- While natural gas is at its highest since October, the fuel's continued success will depend on demand for summer cooling. As of now, investors should stay invested in companies like EQT (EQT), Range Resources (RRC) and Southwestern Energy (SWN).
- 06/14/2021
|
COMSTOCK RESOURCES, INC. ANNOUNCES PRIVATE OFFERING OF NEW SENIOR NOTES DUE IN 2030
- FRISCO, TX, June 14, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) 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 ("2026 Notes") and to pay related fees and expenses.
- 06/14/2021
|
COMSTOCK RESOURCES, INC. ANNOUNCES THE PROMOTION OF BRIAN CLAUNCH TO VP OF FINANCIAL REPORTING
- FRISCO, TX, June 09, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today announced that it has promoted Brian Claunch to serve as Vice President of Financial Reporting. Mr. Claunch joined Comstock as Director of Financial Reporting in June 2020. Prior to joining Comstock, Mr. Claunch served as Director of Financial Reporting for Guidon Energy. Prior to joining Guidon, he served as Controller for Pioneer Natural Resources Company.
- 06/09/2021
|
EIA Data Helps U.S. Natural Gas Price to Climb Above $3
- Considering natural gas' vulnerability to short-term weather models, investors are advised to hold onto stocks like Cabot Oil & Gas (COG), Comstock Resources (CRK) and Antero Resources (AR).
- 06/08/2021
|
Natural Gas Market Analysis in the Aftermath of the EIA Data
- Considering natural gas' vulnerability to short-term weather models, investors are advised to hold onto stocks like Range Resources (RRC), Antero Resources (AR) and Cabot Oil & Gas Corporation (COG).
- 05/31/2021
|
Comstock Resources: Hitting The Jackpot
- The free market still appears to be the best mechanism to regulate pricing. The winter freeze provided a financial windfall.
- 05/28/2021
|
Find Out How the Natural Gas Market Performed Last Week
- Considering natural gas' vulnerability to short-term weather models, investors are advised to hold onto stocks like EQT Corporation (EQT), Range Resources (RRC) and Southwestern Energy Company (SWN).
- 05/24/2021
|
10 Cheap Stocks Under $10 the Pros Are Buying
- If you're looking for a cheap stock to buy, check out this list of 10 highly rated picks that are priced under $10.
- 05/21/2021
|
Comstock Resources: A Solid Path To Deleveraging After Extending Its Average Debt Maturity
- Comstock Resources: A Solid Path To Deleveraging After Extending Its Average Debt Maturity
- 05/21/2021
|
Weekly Natural Gas Futures End Flat After In-Line EIA Data
- Considering natural gas' vulnerability to short-term weather models, investors are advised to hold onto stocks like Comstock Resources (CRK), Antero Resources (AR) and Southwestern Energy Company (SWN).
- 05/17/2021
|
Key Factors That Affected Natural Gas Markets Last Week
- Considering natural gas' vulnerability to short-term weather models, investors are advised to hold onto stocks like EQT (EQT), Comstock Resources (CRK) and Southwestern Energy (SWN).
- 05/10/2021
|
Comstock Resources, Inc. (CRK) CEO Jay Allison on Q1 2021 Results - Earnings Call Transcript
- Comstock Resources, Inc. (CRK) CEO Jay Allison on Q1 2021 Results - Earnings Call Transcript
- 05/06/2021
|
Comstock Resources (CRK) Tops Q1 Earnings and Revenue Estimates
- Comstock (CRK) delivered earnings and revenue surprises of 92.31% and 15.62%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 05/04/2021
|
COMSTOCK RESOURCES, INC. REPORTS FIRST QUARTER 2021 FINANCIAL AND OPERATING RESULTS
- FRISCO, TX, May 04, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended March 31, 2021.
- 05/04/2021
|
Natural Gas Hits Its Highest Price in 5 Weeks: Here's Why
- Considering natural gas' vulnerability to short-term weather models, investors are advised to hold onto stocks like Range Resources (RRC), SilverBow Resources (SBOW) and Southwestern Energy (SWN).
- 04/19/2021
|
Natural Gas Pulls Back as Mild Spring Weather Limits Demand
- Considering the lingering uncertainty over natural gas, investors are advised to hold onto stocks like EQT (EQT), Comstock Resources (CRK) and Southwestern Energy (SWN).
- 04/12/2021
|
What Explains the Upward Move in Weekly Natural Gas Prices?
- Considering the lingering uncertainty over natural gas, investors are advised to hold onto stocks like EQT (EQT), Comstock Resources (CRK) and Southwestern Energy (SWN).
- 04/06/2021
|
Comstock Resources (CRK): Strong Industry, Solid Earnings Estimate Revisions
- Comstock Resources (CRK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 03/30/2021
|
Here's How Last Week Turned Out for the Natural Gas Market
- Considering the lingering uncertainty over natural gas, investors are advised to hold onto stocks like EQT (EQT), Range Resources (RRC) and Southwestern Energy (SWN).
- 03/23/2021
|
Natural Gas Loses 3.7% in One Week: Here's What Happened
- Considering the lingering uncertainty over natural gas, investors are advised to hold onto stocks like EQT (EQT), Range Resources (RRC) and Southwestern Energy (SWN).
- 03/15/2021
|
Comstock Resources: Lowest Costs In The Industry
- The key takeaway from the earnings report is the low-cost structure of this dry gas producer. The location has considerable transportation cost advantages over other dry gas basins like the Marcellus.
- 03/10/2021
|
Comstock Resources: A Leveraged Play On Gas Upside
- Comstock Resources produces natural gas in the Haynesville Shale field of Louisiana and Texas, a region that's located close to the US Gulf coast and LNG export infrastructure.
- 03/10/2021
|
COMSTOCK RESOURCES, INC. ANNOUNCES PRICING OF OFFERING OF $250 MILLION OF 6.75% SENIOR NOTES
- FRISCO, TX, March 03, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) ("Comstock" or the "Company") announced today the pricing of its private placement of 6.75% senior notes due 2029 in the aggregate principal amount of $250.0 million (the "Notes"). The Notes were sold at 103% of par. The offering is expected to close on March 4, 2021, subject to customary closing conditions.
- 03/03/2021
|
COMSTOCK RESOURCES, INC. ANNOUNCES PRIVATE OFFERING OF ADDITIONAL 6.75% SENIOR NOTES DUE IN 2029
- FRISCO, TX, March 03, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that, subject to market conditions, it intends to offer an additional $250.0 million aggregate principal amount of its 6.75% senior notes due in 2029 (the "Notes") in a private placement to eligible purchasers.
- 03/03/2021
|
COMSTOCK RESOURCES, INC. ANNOUNCES UPSIZING OF CASH TENDER OFFERS
- FRISCO, TX, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that it has amended its previously announced cash tender offers (the "Tender Offers") to purchase up to $750.0 million aggregate purchase price (the "Aggregate Maximum Tender Amount") of its outstanding 7.5% senior notes due 2025 (the "2025 Notes") and 9.75% senior notes due 2026 (the "2026 Notes", and together with the 2025 Notes, the "Notes").
- 02/18/2021
|
Comstock (CRK) Surges: Stock Moves 9.2% Higher
- Comstock (CRK) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
- 02/18/2021
|
COMSTOCK RESOURCES, INC. ANNOUNCES PRIVATE OFFERING OF NEW SENIOR NOTES DUE IN 2029
- FRISCO, TX, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that, subject to market conditions, it intends to offer a new series of senior notes due in 2029 in a private placement to eligible purchasers. Comstock intends to use the net proceeds from this offering to fund the repurchase of a portion of the Company's 7.5% Senior Notes due 2025 and 9.75% Senior Notes due 2026 and pay fees and expenses under concurrent tender offers for such Notes, which were launched today, and the excess, if any, for repayment of borrowings under Comstock's bank credit facility.
- 02/18/2021
|
Comstock Resources, Inc. (CRK) CEO Jay Allison on Q4 2020 Results - Earnings Call Transcript
- Comstock Resources, Inc. (CRK) CEO Jay Allison on Q4 2020 Results - Earnings Call Transcript
- 02/17/2021
|
Why Comstock Resources Stock Popped 10% Today
- Energy company Comstock Resources reported earnings. Here's why investors were pleased with what the company had to say.
- 02/17/2021
|
Oil & Natural Gas Prices Soar on Sustained Winter Blast
- The unprecedented weather has forced the temporary closure of refineries including Royal Dutch Shell's (RDS.A) Deer Park and ExxonMobil's (XOM) Baytown and Beaumont.
- 02/17/2021
|
Correction: COMSTOCK RESOURCES, INC. REPORTS FOURTH QUARTER 2020 FINANCIAL AND OPERATING RESULTS
- FRISCO, TX, Feb. 16, 2021 (GLOBE NEWSWIRE) -- A release was previously issued with the same headline by Comstock Resources, Inc. Please note that we have corrected the unit of reported gas production for both the three months ended December 31, 2020 and the year ended December 31, 2020 to 1.2 billion cubic feet ("Bcf") per day from 1.2 million cubic feet ("MMcf) per day stated in the original press release.
- 02/16/2021
|
COMSTOCK RESOURCES, INC. REPORTS FOURTH QUARTER 2020 FINANCIAL AND OPERATING RESULTS
- FRISCO, TX, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter and year ended December 31, 2020.
- 02/16/2021
|
COMSTOCK RESOURCES, INC. ANNOUNCES DATE CHANGE FOR FOURTH QUARTER 2020 EARNINGS RELEASE AND CONFERENCE CALL
- FRISCO, TX, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) announces it has changed the date and time of its previously announced earnings release and conference call for fourth quarter 2020. The Company will now announce results one day earlier than previously scheduled on Tuesday, February 16, 2021 after the market closes and host its quarterly conference call at 10:00 a.m. CT on February 17, 2021. Please dial in at least 15 minutes in advance to ensure a timely connection to the call.
- 02/12/2021
|
Earnings Preview: Comstock Resources (CRK) Q4 Earnings Expected to Decline
- Comstock (CRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/10/2021
|
Here's Why Natural Gas Lost 11% Past Week Despite a Big Draw
- Considering the lingering uncertainty over natural gas, investors are advised to hold onto stocks like EQT (EQT), Antero Resources (AR) and Southwestern Energy (SWN).
- 01/25/2021
|
This is How Natural Gas Reacted to the Latest EIA Report
- Considering the lingering uncertainty over natural gas, investors are advised to hold onto stocks like EQT (EQT), Cabot Oil & Gas (COG) and Southwestern Energy (SWN).
- 01/18/2021
|
Natural Gas Gains 6.3% Past Week: What's Behind the Rise?
- If you are looking for near-term natural gas plays, CNX Resources (CNX) and Cabot Oil & Gas (COG) might be good selections.
- 01/12/2021
|
Natural Gas Gains 16% in 2020: Will It Climb Further in 2021?
- Considering the lingering uncertainty over natural gas, investors are advised to hold onto stocks like EQT (EQT), SilverBow Resources (SBOW), Cabot Oil & Gas (COG) and Southwestern Energy (SWN).
- 01/05/2021
|
COMSTOCK RESOURCES, INC. ANNOUNCES FOURTH QUARTER 2020 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- FRISCO, TX, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) announces its plan to release fourth quarter 2020 results on February 17, 2021 after the market closes and host its quarterly conference call at 10:00 a.m. CT on February 18, 2021. Please dial in at least 15 minutes in advance to ensure a timely connection to the call.
- 01/04/2021
|
Natural Gas Loses 6.7% in One Week: Here's What Happened
- Investors are advised to hold onto natural gas stocks like EQT Corporation (EQT), SilverBow Resources (SBOW), Cabot Oil & Gas (COG), CNX Resources (CNX) and Southwestern Energy Company (SWN).
- 12/28/2020
|
Natural Gas Gains 4.2% for the Week: What's Behind the Rise?
- Investors are advised to hold onto natural gas stocks like EQT Corporation (EQT), SilverBow Resources (SBOW), Cabot Oil & Gas Corporation (COG), CNX Resources (CNX) and Southwestern Energy Company (SWN).
- 12/21/2020
|
Natural Gas Market Analysis in the Aftermath of the EIA Data
- There are natural gas stocks like EQT Corporation (EQT), SilverBow Resources (SBOW), Cabot Oil & Gas Corporation (COG), CNX Resources (CNX) and Southwestern Energy Company (SWN) that investors may currently retain.
- 12/15/2020
|
Comstock Resources, Inc.'s (CRK) CEO Jay Allison on Q3 2020 Results - Earnings Call Transcript
- Comstock Resources, Inc.'s (CRK) CEO Jay Allison on Q3 2020 Results - Earnings Call Transcript
- 11/07/2020
|
Comstock Resources, Inc.'s (CRK) CEO Jay Allison On Q3 2020 Results - Quick Version Earnings Call Transcript
- Comstock Resources, Inc.'s (CRK) CEO Jay Allison On Q3 2020 Results - Quick Version Earnings Call Transcript
- 11/05/2020
|
Why Comstock Resources Stock Sunk 13% at the Open Today
- The exploration and production company's third-quarter results didn't make investors happy. Here's why.
- 11/05/2020
|
COMSTOCK RESOURCES, INC. REPORTS THIRD QUARTER 2020 FINANCIAL AND OPERATING RESULTS
- FRISCO, TX, Nov. 04, 2020 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended September 30, 2020.
- 11/04/2020
|
Comstock Resources: Looking Much Better
- Earlier this year, I was fearful regarding the prospects that Comstock Resources offered investors. These fears still exist in some manner, but they are becoming less prominent as management improves operations and natural gas prices rise.
- 10/30/2020
|
Comstock Resources (CRK) Investor Presentation - Slideshow
- The following slide deck was published by Comstock Resources, Inc. in conjunction with this event..
- 08/17/2020
|
Stocks To Watch: Walmart, Target, Kandi And Gold vs. Bitcoin
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 08/15/2020
|
COMSTOCK RESOURCES, INC. ANNOUNCES PRICING OF ADD-ON OFFERING OF SENIOR NOTES
- FRISCO, TX, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) (“Comstock” or the “Company”) announced today that it has priced its public offering of $300 million of its 9.75% Senior Notes due 2026 (the “Notes”). The Notes were priced at 100.5% of par. The size of the offering was increased from the previously announced $200 million to $300 million.The offering is expected to close on August 19, 2020, subject to customary closing conditions. The net proceeds from the offering will be approximately $296 million, after deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use the net proceeds from the offering to repay a portion of the indebtedness outstanding under the Company’s bank credit facility. The Notes are a further issuance of the 9.75% senior unsecured notes due 2026, of which $500 million aggregate principal amount was issued on June 23, 2020 (the “Existing Notes”). The Notes will be treated as a single series with the Existing Notes under the indenture governing the Existing Notes and will have the same terms as the Existing Notes (other than the initial offering price and the issue date). The Notes will have the same CUSIP number and will trade interchangeably with the Existing Notes. The Company expects the Notes and the Existing Notes to be fungible for U.S. federal income tax purposes.BofA Securities, BMO Capital Markets and Wells Fargo Securities are acting as joint lead book-running managers for the offering. Fifth Third Securities, Mizuho Securities, Capital One Securities and SOCIETE GENERALE are acting as joint book-running managers for the offering. Regions Securities LLC and KeyBanc Capital Markets are acting as joint lead managers for the offering. Credit Agricole CIB, Citizens Capital Markets, Barclays, CIT Capital Securities and Goldman Sachs & Co. LLC are acting as co-managers for the offering.The offering is being made pursuant to an effective shelf registration statement on Form S-3, as amended (Registration No. 333-238113) previously filed by the Company with the Securities and Exchange Commission. The offering may be made only by means of a prospectus supplement and the accompanying base prospectus. Copies of the prospectus supplement for the offering and the accompanying base prospectus may be obtained, when available, by sending a request to:BofA Securities NC1-004-03-43 200 North College Street, 3rd Floor Charlotte, NC 28255-0001 Attn: Prospectus Department 1-800-294-1322 dg.prospectus_requests@bofa.comBMO Capital Markets 3 Times Square New York, NY 10036 Attn: Sherman Lee sherman1.lee@bmo.comWells Fargo Securities 550 S. Tryon Street, 5th Floor Charlotte, NC 28202 IBCMDCMLSHYLeveragedSyndicate@wellsfargo.com Fax: (704) 410-4874 (with such fax to be confirmed by telephone to (704) 410-4885) Attention: Leveraged SyndicateThis press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale of these securities would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer or sale of these securities will be made only by means of a prospectus, including a prospectus supplement, forming part of the related registration statement.This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct. The Company’s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other SEC filings discuss important risk factors that could affect the Company’s business, results of operations and financial condition. The forward-looking statements in this news release speak only as of this date. Comstock does not undertake any obligation to revise or update publicly any forward-looking statement.Comstock Resources, Inc. is an independent energy company based in Frisco, Texas engaged in oil and gas acquisitions, exploration and development, and its assets are primarily located in Texas, Louisiana and North Dakota. The Company's stock is traded on the New York Stock Exchange under the symbol CRK. CONTACT: Ron Mills VP of Finance and Investor Relations 972-668-8834 rmills@comstockresources.com
- 08/14/2020
|
Comstock Resources, Inc. -- Moody's says Comstock's add-on bonds to repay revolver borrowings does not affect ratings
- Moody's Investors Service ("Moody's") commented today that Comstock Resources, Inc.'s (Comstock) $200 million add-on to its 9.75% senior unsecured notes due 2026 does not affect its ratings or stable outlook, including Comstock's B3 Corporate Family Rating (CFR) and Caa1 senior unsecured notes ratings. The proceeds will be used to repay borrowings on the company's revolver, improving Comstock's liquidity.
- 08/14/2020
|
COMSTOCK RESOURCES, INC. ANNOUNCES ADD-ON PUBLIC OFFERING OF 9.75% SENIOR NOTES
- FRISCO, TX, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) (“Comstock” or the “Company”) announced today that it intends, subject to market conditions, to offer an additional $200 million of its 9.75% senior unsecured notes due 2026 (the “Notes”) in a registered underwritten offering. The Notes are a further issuance of the 9.75% senior unsecured notes due 2026, of which $500 million aggregate principal amount was issued on June 23, 2020 (the “Existing Notes”). The Notes will be treated as a single series with the Existing Notes under the indenture governing the Existing Notes and will have the same terms as the Existing Notes (other than the initial offering price and the issue date). The Notes will have the same CUSIP number and will trade interchangeably with the Existing Notes. The Company expects the Notes and the Existing Notes to be fungible for U.S. federal income tax purposes.Comstock intends to use the net proceeds from the offering to repay borrowings outstanding under the Company’s bank credit facility. BofA Securities, BMO Capital Markets and Wells Fargo Securities are acting as joint lead book-running managers for the offering. Fifth Third Securities, Mizuho Securities, Capital One Securities and SOCIETE GENERALE are acting as joint book-running managers for the offering. Regions Securities LLC and KeyBanc Capital Markets are acting as joint lead managers for the offering. Credit Agricole CIB, Citizens Capital Markets, Barclays, CIT Capital Securities and Goldman Sachs & Co. LLC are acting as co-managers for the offering.The offering is being made pursuant to an effective shelf registration statement on Form S-3, as amended (Registration No. 333-238113), previously filed by Comstock with the Securities and Exchange Commission. The offering may be made only by means of a prospectus supplement and the accompanying base prospectus. Copies of the preliminary prospectus supplement for the offering and the accompanying base prospectus may be obtained by sending a request to:BofA Securities NC1-004-03-43 200 North College Street, 3rd Floor Charlotte, NC 28255-0001 Attn: Prospectus Department 1-800-294-1322 dg.prospectus_requests@bofa.comBMO Capital Markets 3 Times Square New York, NY 10036 Attn: Sherman Lee sherman1.lee@bmo.com Wells Fargo Securities 550 S. Tryon Street, 5th Floor Charlotte, NC 28202 IBCMDCMLSHYLeveragedSyndicate@wellsfargo.com Fax: (704) 410-4874 (with such fax to be confirmed by telephone to (704) 410-4885) Attention: Leveraged SyndicateThis press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale of these securities would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer or sale of these securities will be made only by means of a prospectus, including a prospectus supplement, forming part of the related registration statement.This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct. The Company’s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other SEC filings discuss important risk factors that could affect the Company’s business, results of operations and financial condition. The forward-looking statements in this news release speak only as of this date. Comstock does not undertake any obligation to revise or update publicly any forward-looking statement.Comstock Resources, Inc. is an independent energy company based in Frisco, Texas engaged in oil and gas acquisitions, exploration and development, and its assets are primarily located in Texas, Louisiana and North Dakota. The Company's stock is traded on the New York Stock Exchange under the symbol CRK. CONTACT: Ron Mills VP of Finance and Investor Relations 972-668-8834 rmills@comstockresources.com
- 08/14/2020
|
COMSTOCK RESOURCES, INC. REPORTS SECOND QUARTER 2020 FINANCIAL AND OPERATING RESULTS
- FRISCO,TX, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended June 30, 2020.Financial Results for the Three Months Ended June 30, 2020For the second quarter of 2020, Comstock reported net loss available to common stockholders of $60.0 million or $0.29 per share. The loss was primarily related to an unrealized loss on the mark to market value of the Company's derivative financial instruments as future natural gas prices have improved substantially since March 31, 2020. Net income available to common stockholders as adjusted to exclude the unrealized hedging losses and certain items not related to normal operating activities for the second quarter of 2020 was $1.7 million or $0.01 per diluted share. The unrealized derivative loss was $65.6 million in the second quarter and the other items include $5.4 million in non-cash interest amortization resulting from adjusting debt assumed in the Covey Park acquisition to fair value; $2.9 million of non-cash accretion resulting from adjusting the preferred stock issued in connection with the Covey Park acquisition to fair value; and $0.9 million for a loss on early extinguishment of debt.Comstock produced 116.5 billion cubic feet ("Bcf") of natural gas and 359,142 barrels of oil or 118.6 billion cubic feet of natural gas equivalent ("Bcfe") in the second quarter of 2020. Natural gas production averaged 1,280 million cubic feet ("MMcf") per day, an increase of 185% over natural gas production in the second quarter of 2019. The growth in natural gas production was primarily attributable to the Covey Park acquisition completed in July 2019 and the successful results from Comstock's Haynesville shale drilling activities in 2019 and 2020. Oil production in the second quarter of 2020 decreased to 3,947 barrels of oil per day from 7,628 barrels per day produced in the second quarter of 2019 due primarily to the expected production decline of the Bakken Shale properties acquired in 2018 as wells as oil production shut-in in the second quarter due to low oil prices. 23% of the Company's net oil production was shut in or curtailed during the second quarter.Comstock's average realized natural gas price in the second quarter of 2020, including realized hedging gains, decreased to $1.88 per Mcf as compared to $2.29 per Mcf realized in the second quarter of 2019. The Company's average realized oil price in the second quarter of 2020, including realized hedging gains, decreased to $37.89 per barrel as compared to $52.12 per barrel in the second quarter of 2019. Oil and gas sales were $232.8 million (including realized hedging gains) in the second quarter of 2020 as compared to $130.1 million in the second quarter of 2019. EBITDAX, or earnings before interest, taxes, depreciation, depletion, amortization, exploration expense and other noncash expenses, of $162.1 million in the second quarter of 2020 increased by 74% over EBITDAX of $93.2 million for the second quarter of 2019. The Company's operating cash flow generated in the second quarter of 2020 of $117.5 million increased 77% over operating cash flow of $66.3 million in the second quarter of 2019.Financial Results for the Six Months Ended June 30, 2020For the first six months of 2020, Comstock reported net loss available to common stockholders of $30.0 million or $0.15 per share. Net income available to common stockholders as adjusted to exclude certain items not related to normal operating activities for the first six months of 2020 was $28.0 million or $0.14 per diluted share. These items included $49.1 million in unrealized hedging losses, $10.7 million in non-cash interest amortization resulting from adjusting debt assumed in the Covey Park acquisition to fair value; $5.4 million of non-cash accretion resulting from adjusting the preferred stock issued in connection with the Covey Park acquisition to fair value and $0.9 million for a loss on early extinguishment of debt.Comstock produced 239.3 Bcf of natural gas and 813,637 barrels of oil or 244.1 Bcfe in the first six months of 2020. Natural gas production averaged 1,315 MMcf per day, an increase of 221% over natural gas production in the first six months of 2019. Oil production in the first six months of 2020 decreased to 4,471 barrels of oil per day from 8,313 barrels per day produced in first six months of 2019. 19% of the Company's net oil production was shut-in or curtailed in the first six months of 2020.Comstock's average realized natural gas price in the first six months of 2020, including realized hedging gains, decreased to $1.96 per Mcf as compared to $2.55 per Mcf realized in the first six months of 2019. The Company's average realized oil price in the first six months of 2020, including realized hedging gains, decreased to $42.59 per barrel as compared to $48.71 per barrel in the first six months of 2019. Oil and gas sales were $504.1 million (including realized hedging gains) in the first six months of 2020 as compared to sales of $262.3 million in the first six months of 2019. EBITDAX of $363.7 million in the first six months of 2020 increased by 91% over EBITDAX of $190.2 million for the first six months of 2019. The Company's operating cash flow generated in the first six months of 2020 of $273.4 million increased 100% over operating cash flow of $137.0 million in the first six months of 2019.Drilling ResultsTotal expenditures during the first six months of 2020 for drilling and development activities were $205.2 million, including $74.7 million spent in the second quarter. Comstock spent $201.3 million to develop its Haynesville and Bossier shale properties, comprised of $183.5 million on drilling and completing wells and an additional $17.8 million on other development activity. Comstock drilled 26 (20.1 net) horizontal operated Haynesville shale wells during the first six months of 2020, which had an average lateral length of approximately 8,996 feet. Comstock also participated in 12 (1.0 net) non-operated Haynesville shale wells in the first six months of 2020. During the first six months of 2020, Comstock turned 36 (17.3 net) Haynesville shale wells to sales.Since its last operational update, Comstock has not put any new Haynesville Shale wells on production. In April, Comstock released its completion crews in order to delay new production coming on line during the summer months given the expectations for low natural gas prices. As a result of the low activity in the second quarter, Comstock currently has 35 (18.9 net) wells drilled but not completed. Completion activity has been resumed in the third quarter and Comstock currently expects to turn approximately 25.0 net wells to sales in the last six months of 2020. Other MattersComstock has planned a conference call for 10:00 a.m. Central Time on August 6, 2020, to discuss the second quarter of 2020 operational and financial results. Investors wishing to participate should visit the Company's website at www.comstockresources.com for a live webcast or dial 844-776-7840 (international dial-in use 661-378-9538) and provide access code 8184639 when prompted. If you are unable to participate in the original conference call, a web replay will be available approximately 24 hours following the completion of the call on Comstock's website at www.comstockresources.com. The web replay will be available for approximately one week. A replay of the conference call will be available beginning at 1:00 p.m. CT August 6, 2020 and will continue until 1:00 p.m. August 13, 2020. To hear the replay, call 855-859-2056 (404-537-3406) if calling from outside the US). The conference call access code is 8184639.This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct.Comstock Resources, Inc. is an independent energy company based in Frisco, Texas engaged in oil and gas acquisitions, exploration and development, and its assets are primarily located in Texas, Louisiana and North Dakota. The Company's stock is traded on the New York Stock Exchange under the symbol CRK. COMSTOCK RESOURCES, INC.
- 08/05/2020
|
One-on-One Meetings with Executive Management Available at EnerCom's Virtual The Oil & Gas Conference® August 17-19, 2020
- EnerCom, Inc. is pleased to announce that the one-on-one meeting request process for The Oil & Gas Conference® is now open. Qualified members of the investment community are invited to request meetings with management teams from the conference's lineup. Meetings will take virtually August 17th to the 19th as companies present in The Oil & Gas Conference®.
- 07/30/2020
|
Analysts Estimate Comstock Resources (CRK) to Report a Decline in Earnings: What to Look Out for
- Comstock (CRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/29/2020
|
Market Still Lacking Some Conviction On Comstock Resources, Inc. (NYSE:CRK)
- With a price-to-earnings (or "P/E") ratio of 10.2x Comstock Resources, Inc. (NYSE:CRK) may be sending bullish signals...
- 07/27/2020
|
Why Comstock Resources's Stock Is Trading Higher Today
- Comstock Resources (NYSE: CRK) shares are trading higher on Tuesday after Citigroup initiated coverage on the stock with a Buy rating and a price target of $8 per share.
Comstock...
- 07/21/2020
|
COMSTOCK RESOURCES, INC. ANNOUNCES SECOND QUARTER 2020 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- FRISCO, TX, July 20, 2020 -- Comstock Resources, Inc. (NYSE:CRK) announces its plan to release second quarter 2020 results on August 5, 2020 after the market closes and host.
- 07/20/2020
|
U.S. Oil Companies Are Drilling Again. Here’s Who’s Ramping Up.
- Their decisions in the months ahead could determine the longer-term trajectory of oil stocks.
- 07/17/2020
|
Guggenheim Capital LLC Takes $69,000 Position in Comstock Resources Inc (NYSE:CRK)
- Guggenheim Capital LLC purchased a new position in shares of Comstock Resources Inc (NYSE:CRK) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 12,713 shares of the oil and gas producer’s stock, valued at approximately $69,000. Other hedge funds and other institutional investors have also added […]
- 07/16/2020
|
Deutsche Bank AG Lowers Stake in Comstock Resources Inc (NYSE:CRK)
- Deutsche Bank AG lowered its stake in shares of Comstock Resources Inc (NYSE:CRK) by 44.7% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 4,878 shares of the oil and gas producer’s stock after selling 3,947 shares during the period. Deutsche Bank AG’s holdings in Comstock Resources […]
- 07/16/2020
|
How Much Did Comstock Resources'(NYSE:CRK) Shareholders Earn From Share Price Movements Over The Last Year?
- Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can...
- 07/16/2020
|
Zacks: Analysts Expect Comstock Resources Inc (NYSE:CRK) Will Announce Quarterly Sales of $211.45 Million
- Wall Street brokerages expect Comstock Resources Inc (NYSE:CRK) to announce $211.45 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for Comstock Resources’ earnings, with the lowest sales estimate coming in at $189.90 million and the highest estimate coming in at $233.00 million. Comstock Resources posted sales of $128.12 […]
- 07/13/2020
|
Equities Analysts Set Expectations for Comstock Resources Inc’s Q2 2020 Earnings (NYSE:CRK)
- Comstock Resources Inc (NYSE:CRK) – Stock analysts at Piper Sandler issued their Q2 2020 earnings per share estimates for shares of Comstock Resources in a report issued on Wednesday, July 8th. Piper Sandler analyst K. Harrison anticipates that the oil and gas producer will post earnings per share of ($0.07) for the quarter. Piper Sandler […]
- 07/13/2020
|
Comstock Resources Inc (NYSE:CRK) Given Consensus Rating of “Buy” by Analysts
- Shares of Comstock Resources Inc (NYSE:CRK) have earned an average recommendation of “Buy” from the nine analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average […]
- 07/05/2020
|
Zacks Investment Research Upgrades Comstock Resources (NYSE:CRK) to “Buy”
- Comstock Resources (NYSE:CRK) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, Zacks.com reports. The brokerage currently has a $5.00 price target on the oil and gas producer’s stock. Zacks Investment Research‘s target price suggests a potential upside of […]
- 06/26/2020
|
The Zacks Analyst Blog Highlights: EQT, Gulfport Energy, Comstock, Range Resources and CNX
- The Zacks Analyst Blog Highlights: EQT, Gulfport Energy, Comstock, Range Resources and CNX
- 06/23/2020
|
Comstock Resources (CRK) Investor Presentation - Slideshow
- The following slide deck was published by Comstock Resources, Inc. in conjunction with this event.
- 06/18/2020
|
Zacks Market Edge Highlights: Armstrong Flooring, BlackBerry, Calumet Specialty Products, Comstock Resources and Xcel Brands
- Zacks Market Edge Highlights: Armstrong Flooring, BlackBerry, Calumet Specialty Products, Comstock Resources and Xcel Brands
- 06/18/2020
|
Is Comstock Resources (CRK) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/17/2020
|
COMSTOCK RESOURCES, INC. ANNOUNCES PRICING OF SENIOR NOTES
- The size of the offering was increased from the previously announced $400 million to $500 million. The offering is expected to close on June 23, 2020, subject to customary closing conditions. The net proceeds from the offering will be approximately $441 million, after deducting underwriting discounts and commissions and estimated offering expenses.
- 06/16/2020
|
Fed Breathes Fresh Life Into Credit Rally, Inviting Risky Deals
- (Bloomberg) -- The Federal Reserve revitalized a credit rally that had appeared to be on shaky footing, encouraging a new slate of risky borrowers to tap the market.Energy exploration and production company Comstock Resources Inc. is selling $500 million of CCC rated bonds to repay its revolver, while auto parts manufacturer Dana Inc. borrowed for similar reasons. A subsidiary of Navios Maritime Holdings Inc. is sounding out investors for a $500 million secured bond that may yield around 10%, according to people familiar with the matter. And PG&E; Corp. is wrapping up a nearly $9 billion bond sale to help fund its exit from bankruptcy.Risk appetite was buoyant after the Fed said yesterday it would start buying individual corporate bonds, removing a certification process that was considered a major hurdle in its ability to do so. That opens up the Fed to an estimated $1.7 trillion worth of eligible corporate debt, versus a $256 billion universe of exchange-traded funds that the central bank has only dabbled in so far, according to Bank of America Corp. strategists led by Hans Mikkelsen.“When you have someone who goes in in size and across the board, it’s very, very powerful,” Mikkelsen said.While the Fed won’t be able to buy today’s offerings mentioned above, as well as other debt that’s rated too low or otherwise doesn’t meet its criteria, high-yield managers nonetheless are upping their bets. Chair Jerome Powell reiterated Tuesday the Fed will keep rates near zero until the economy gets back on track, which could be at least another five years away, according to Northern Trust Asset Management.The Fed will “keep its foot on the pedal for a long time” in support of credit markets, said Colin Robertson, the firm’s head of fixed income, who said he’s adding exposure to junk debt.Credit risk, as measured by derivatives indexes, dropped the most on Monday since April 9, though it briefly crept up Tuesday morning with virus infections rising in Florida, Texas and China. Up until the Fed’s announcement, the cost to protect corporate debt against default had been rising in sync with a broader risk-off tone, as signs of a second wave fueled concern markets had gotten ahead of fundamentals.The reversal was swift: the investment-grade market in the U.S. saw a dozen deals today, while Europe had 16 in syndication. Both were empty yesterday.“Yesterday showed that the Fed’s intent is not just to be a backstop, but to be an active participant in driving spreads back to pre-Covid levels,” said Steve Kellner, head of corporate bonds at PGIM Fixed Income. “This was a game changer.”In a further sign of improving sentiment, Irish lender AIB Group Plc offered subordinated notes, one of the riskiest types of bank debt. BP Plc held global investor calls on Tuesday ahead of an issue across three currencies, after the oil major wrote off billions of dollars on the value of its business.U.S.Carrier Global was also in the investment-grade market. Lummus Technology priced its leveraged buyout transaction, and Radio Systems held a call for its LBO financing this morning.Ford Motor Credit Co. sold unsecured high-yield debt for general corporate purposesApollo and Angelo Gordon’s Ryan Mollett are renowned on Wall Street for finding creative ways to wring money from distressed companies at the expense of other lenders. But when it came to Serta Simmons Bedding, they got a taste of their own medicineFor deal updates, click here for the New Issue MonitorEuropeAround 13 billion euros equivalent will price in Europe’s primary market on Tuesday, with 16 issuers offering 20 tranches, after the year’s 15th zero-deals day on Monday. The cost of credit insurance for high-yield European corporate debt fell the most since May 2010.Sales for the week are unlikely to reach 30 billion euros, according to 64% of market participants in a Bloomberg News survey“With central banks measures being as aggressive as they are it is tough, in investment grade at least, to be short of risk and directly oppose them,” said Roger Webb, head of pan-European credit at Aberdeen Standard InvestmentsThe Bank of England is widely anticipated to focus on expanding its quantitative-easing program on ThursdayBankers in Sweden are positioning for a wave of debt deals from real estate issuers, as the industry tries to move out of increasingly costly borrowing arrangements.Sales of euro covered bonds, the safest form of bank debt, are headed for the slowest first half in at least five years as lenders snub the market in favor of ultra-cheap central bank loans.AsiaSpreads on Asia investment-grade dollar bonds fell about 5-15 basis points, according to traders, bringing a halt to a four day selloff.At least seven borrowers including China National Petroleum Corp. and Indonesia are looking to price notes Tuesday, as the pace of issuance in Asia’s primary market catches up after lagging behind other regions“Asia again stands out for offering attractive value and attractive pick-up to U.S. credit,” said Paul Lukaszewski, head of corporate debt for Asia and Australia at Aberdeen Standard InvestmentsThe Bank of Japan left its main monetary policy settings untouched and revised the estimated size of its virus-response measures, while pledging to do more to help the pandemic-hit economy if neededFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 06/16/2020
|
Comstock Resources, Inc. -- Moody's upgrades Comstock's CFR to B3 and assigns Caa1 to new senior notes; outlook stable
- Moody's Investors Service ("Moody's") upgraded Comstock Resources, Inc.'s (Comstock) Corporate Family Rating (CFR) to B3 from Caa1, Probability of Default Rating (PDR) to B3-PD from Caa1-PD and existing senior unsecured notes ratings to Caa1 from Caa2. Moody's assigned a Caa1 rating to Comstock's proposed offering of $400 million of new senior unsecured notes due 2026.
- 06/16/2020
|
COMSTOCK RESOURCES, INC. ANNOUNCES PUBLIC OFFERING OF SENIOR NOTES
- Comstock intends to use the net proceeds from the offering to repay borrowings outstanding under the Company’s bank credit facility. BofA Securities, BMO Capital Markets and Wells Fargo Securities are acting as joint lead book-running managers for the offering. Fifth Third Securities, Mizuho Securities, Capital One Securities and SOCIETE GENERALE are acting as joint book-running managers for the offering.
- 06/16/2020
|
COMSTOCK RESOURCES, INC. ANNOUNCES PRICING OF SENIOR NOTES
- FRISCO, TX, June 16, 2020 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) (“Comstock” or the “Company”) announced today that it has priced its...
- 06/16/2020
|
Drilling Down: Permian Basin revival looming on the horizon
- A drilling revival may soon be underway in the Permian Basin of West Texas where a flurry of permits for new horizontal wells have been filed.
- 06/15/2020
|
Comstock Resources Loosened The Collar A Little (NYSE:CRK)
- The company recently raised more than $200 million (before expenses) through the sale of common shares. The borrowing commitment for the bank line was reduced a
- 06/11/2020
|
Chesapeake (CHK) Witnesses Dramatic Share Price Fluctuations
- Chesapeake Energy's (CHK) shares witness multiple interruptions in trading, following bankruptcy reports.
- 06/10/2020
|
Shares of several oil and gas companies are trading lower after API reported an 8.42 million barrel build in crude oil inventories.
|
Here's Why You Should Retain Hess Corp. (HES) Stock for Now
- Hess Corp. (HES) estimates gross resources of more than 8 billion barrels of oil equivalent from its 16 promising discoveries in the Stabroek Block, offshore Guyana.
- 06/08/2020
|
Looking For High Earnings Yield? Check Out These 5 Stocks
- The earnings potential of a stock is an important consideration while making investment decisions. This makes the Earnings Yield ratio a handy tool for stock selection.
- 06/04/2020
|
4 Top Stocks to Buy as $40 Oil is in Sight
- Oil's uptick on output cuts and an economy gaining momentum could be a catalyst for stocks from the oil and energy industry in the near future.
- 06/03/2020
|
Is Comstock Resources (CRK) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/01/2020
|
Why Comstock (CRK) Stock Might be a Great Pick
- Comstock (CRK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 06/01/2020
|
Comstock Resources (CRK) Drops 28.5% Post Q1 Earnings Report
- Comstock's (CRK) production of oil and natural gas averages 125.5 Bcfe, up 230.2% from the year-ago level as the company's thriving Haynesville shale drilling activity continues to yield returns.
- 05/28/2020
|
Comstock Resources (CRK) Drops 28.5% Post Q1 Earnings Report
|
Hedge Funds Are Souring On Comstock Resources Inc (CRK)
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
- 05/27/2020
|
Corporate Insiders Pull the Trigger on These 3 Stocks
- In such a confused financial environment, investors are hard-pressed to find a market strategy that will bring positive results. The old saws may not be reliable. One way out of the quandary is to follow the insiders. Corporate officers, entrusted by, and accountable to, shareholders, typically have deeper knowledge of their companies and business niches than is available to the average investor – and they can use that knowledge in their own trading. To avoid impropriety, insiders are required to make their trading public – a regulation that lets ordinary investors benefit from insider knowledge. So, when they buy or sell, especially in bulk, take note!TipRanks has the tools to help you do just that. The Insiders’ Hot Stocks page shows which stocks top insiders are most active on, for both purchases and sales. You can sort insider trades by a variety of filters, including trading strategy. We’ve done some of the legwork for you, and pulled up three stocks with recent informative buy-side transactions. Here are the results.Comstock Resources (CRK)First on our list is a hydrocarbon exploration company. The recent collapse in oil prices may have taken the sheen off the oil markets, but that does not erase the fundamental fact of the energy industry: our economy runs on hydrocarbons, making fossil fuel exploration and extraction absolutely essential.Comstock benefits from that. The company holds exploration rights in the Bakken Shale of the Dakotas, but by far the bulk of its operations are in the Haynesville/Bossier Shale formations on the Texas-Louisiana border. Comstock has over 5 billion cubic feet equivalent of natural gas reserves in this formation, and saw 2019 production rise 202% in 2019 to reach 756 million cubic feet equivalent per day.Of interest to traders, Comstock earlier this week opened a public offering of 40 million common shares. Management announced that $210 million of the sale proceeds will be used to redeem the company’s Series A Convertible issue, and to reduce current outstanding bank debt. Comstock offered the sale at $5 per share, a price that represents a 20% discount from the pre-offer share value – and news of the sale saw share prices drop below the $5 mark. Investors were not pleased with the discount, or with the realization that Comstock is desperate to raise cash.At the same time, three of Comstock’s officers have used this opportunity to pick up large blocks of shares. Chairman and CEO Jay Allison spent $190K on 40,000 shares, President and CFO Roland Burns bought 25,000 shares for $119K, and Board member Jim Turner acquired 75,000 shares for $355K. These are the first ‘informative’ insider trades on CRK in the last 8 months, and skew the insider sentiment on the stock sharply positive.Welles Fitzpatrick, in his CRK note for SunTrust Robinson, writes, “The Haynesville is an underappreciated basin in our view, perhaps due to the lack of a public spotlight because of the dominance by privates. With minimal transportation headwinds and a low-cost resource base, CRK is set to deliver strong growth.”Fitzpatrick sees Comstock as well-positioned to take advantage of future growth in the natural gas market. He rates the stock a Buy, and his $9 price target implies a hefty upside potential of 83% from the current share price of $4.93. (To watch Fitzpatrick’s track record, click here)Comstock has not attracted a lot of analyst attention, but those who have reviewed the stock agree with the SunTrust assessment. CRK has a unanimous Strong Buy analyst consensus rating, based on 3 recent reviews. The stock’s $8.25 average price target suggests room for an 67% upside in the coming year. (See Comstock stock analysis on TipRanks)General Motors (GM)The next stock on our list is one of the market’s blue-chip stalwarts, General Motors. GM is emblematic of Detroit’s auto industry, from its headquarters in the Renaissance Center to its line-up of popular nameplates. GM sells over 10 million vehicles worldwide every year.GM has reported annual profits for the past 10 years, and reported strong 62-cent earnings per share in Q1, despite the coronavirus epidemic. Looking forward, however, the company expects to see a net loss of $1.33 per share in calendar Q2, as the economic shutdown catches up.Shares in GM have fared poorly in the current bear market cycle. GM lost 52% in the initial slide, and has trouble regaining traction since. The stock is still down 36% since its February peak, serious underperformance when compared to the S&P; 500. In a move to raise capital, GM management announced last week a $4 billion offering in Senior Unsecured Notes, which will be redeemable in steps over the next 7 years. Sale proceeds are to be used for ‘corporate purposes.’Two of GM’s board members, Patricia Russo and Theodore Solso, used the sale to boost their holdings in GM stock. Russo bought a block of 12,700 shares for $528K, while Solso laid down $143K for 1,561 shares. These two purchases are the first informative insider moves this quarter, and put a positive view on the insider sentiment here.Deutsche Bank analyst Emmanuel Rosner agrees that now is the time to pick up shares of GM, and he upgrades his stance from Hold to Buy. In his comments, Rosner writes, “GM’s strong 1Q performance and forward-looking outlook, in our view demonstrate the benefit from its proactive actions to transform the business, right size its costs and boost profitability. They should leave GM best positioned to weather challenging 2Q conditions, and yield considerable improvement in profit and free cash flow in 2H and into 2021.”Rosner also raised his price target here, from $25 to $30, reflecting his upbeat outlook. The new price target suggests a robust 21% upside potential for the stock. (To watch Rosner’s track record, click here)GM is one of the corporate world’s proven survivors, and Wall Street is mostly optimistic about its path forward. The stock has 11 recent reviews, including 8 Buys, 2 Holds, and 1 Sell, making the analyst consensus rating a Moderate Buy. Shares are priced at $24.69, and the average price target of $30.60 indicates a 24% upside potential. (See GM stock analysis on TipRanks)Zions Bancorporation (ZION)Based in Salt Lake City, Zions is a bank holding company. Through its subsidiaries, Zions offers both commercial and personal banking options, including deposits, e-banking, foreign exchange, mortgage, and trade & finance services to customer throughout the United States. The shutdown of economic activity in Q1 hit ZION hard, and the company reported just 4 cents EPS for the quarter, badly missing the 48-cent expectation.At the same time, Board Chairman Harris Simmons laid down over $1 million for 40,000 shares. While his price per share was undisclosed, his purchase was the first informative insider move in the past three months – and it shifted the insider sentiment on the stock from Negative to Neutral. Simmons made a major buy. His total holdings in ZION stock are now worth over $32 million.ZION shares are depressed in the bear market, and have not gained in the current rally. That gives them a low point of entry, which combined with the stock’s high-yield dividend, make it an attractive buying proposition. The dividend is currently yielding 4.9%, 2.5x the average among S&P; listed companies, and has been growing gradually for the past 11 years.In his review of ZION stock, Piper Sandler analyst Brad Milsaps wrote, “…we thought [Q1 earnings were] generally positive and ZION posted results that reflected the tough operating environment. Loan and fee income growth were better than we expected, while expense control was also better… Although share buybacks are off the table for now, we think the $1.36 annual dividend is safe, thus we feel comfortable owning the stock at just 80% of tangible book value and a 4.5% dividend yield.”Milsaps maintained his $35 price target to go with his Buy rating. His target implies an upside potential of 27% for the coming 12 months. (To watch Milsaps’ track record, click here)Wall Street is cautious on ZION shares. The stock has a Moderate Buy analyst consensus rating, based on 3 Buys and 8 Holds set in the past month. Shares are selling for $29.22, and the $33.50 average price target indicates room for 15% upside growth this year. (See Zion Bancorp stock analysis at TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
- 05/20/2020
|
Edited Transcript of CRK earnings conference call or presentation 7-May-20 3:00pm GMT
- Q1 2020 Comstock Resources Inc Earnings Call
- 05/18/2020
|
Thinking about buying stock in Diffusion Pharmaceuticals, Aurora Cannabis, Comstock Resources, ...
|
A Sliding Share Price Has Us Looking At Comstock Resources, Inc.'s (NYSE:CRK) P/E Ratio
- To the annoyance of some shareholders, Comstock Resources (NYSE:CRK) shares are down a considerable 33% in the last...
- 05/17/2020
|
Should Value Investors Buy Comstock Resources (CRK) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/15/2020
|
Viper Energy (VNOM) Q1 Earnings Beat Estimates, Rise Y/Y
- Rise in oil equivalent production volumes aids Viper Energy's (VNOM) Q1 earnings.
- 05/15/2020
|
SunTrust Robinson Humphrey Maintains Buy on Comstock Res, Lowers Price Target to $8
|
MKM Partners Maintains Buy on Comstock Res, Lowers Price Target to $7
|
60 Biggest Movers From Yesterday
|
Mid-Afternoon Market Update: Dow Turns Higher; Crude Oil Surges 9%
|
42 Stocks Moving In Thursday's Mid-Day Session
|
Mid-Day Market Update: Virtusa Falls On Downbeat Q4 Results; Applied DNA Sciences Shares Jump
|
Callon's (CPE) Earnings and Revenues Miss Estimates in Q1
- Lower natural gas and oil price realizations hurt Callon's (CPE) Q1 earnings.
- 05/14/2020
|
Jerry Jones’s Shale Driller Tumbles on Plan to Issue Stock
- (Bloomberg) -- Comstock Resources Inc., the shale driller controlled by Dallas Cowboys owner Jerry Jones, plans to sell at least 40 million shares of common stock to redeem preferred convertible stock and reduce debt.The offering announced late Wednesday would represent a 21% dilution to current investors; that expands to 24% if underwriters exercise the full option to purchase an additional 6 million shares. The stock was down 29% to $4.63 at 10:39 a.m. in New York after earlier dipping as much as 36%.Redeeming the preferred stock will relieve Comstock of dividend obligations that amount to 10% a year and prevent an even-larger dilution when the preferreds become convertible into common stock starting in July, a group of Stifel Nicolaus & Co. analysts including Jane Trotsenko said in a note to clients.Comstock is testing the market at a time when rival gas producers such as Chesapeake Energy Corp. have seen financing options dry up amid a worldwide glut of the fuel and a demand outlook hobbled by Covid-19 lockdowns. Earlier this week, Chesapeake warned investors it had no access to capital, customers might be in danger of non-payment, and the company was on the verge of collapse.Frisco, Texas-based Comstock priced the new shares at $5 apiece, according to a statement. That represents a 23% discount to Wednesday’s $6.50 closing price. The offering comes just a week after Comstock’s lenders lowered the driller’s borrowing base by 11% to $1.4 billion.As recently as November, Jones said he was keen to expand his holdings in the natural gas-rich Haynesville shale region of Louisiana. Comstock’s output is 98% gas, which has insulated the company from the worst ravages of the unprecedented collapse in crude prices.(Updates with analyst’s comment in third paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 05/14/2020
|
Why Comstock Resources Plummeted 36% at the Open on Thursday
- The exploration and production company did what it had to do, but investors weren't at all pleased.
- 05/14/2020
|
Mid-Morning Market Update: Markets Open Lower; Cisco Beats Q3 Views
|
COMSTOCK RESOURCES, INC. ANNOUNCES PRICING OF COMMON STOCK OFFERING
- Comstock Resources, Inc. (“Comstock” or the “Company”) (CRK) announced today that it priced its previously announced underwritten public offering 40,000,000 shares of common stock at a price to the public of $5.00 per share. In addition, the Company has also granted the underwriters a 30-day option to purchase up to 6,000,000 additional shares of common stock at the same price per share. The net proceeds to the Company, after deducting the underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $190.4 million (exclusive of the underwriters’ 30-day option to purchase additional shares of common stock).
- 05/14/2020
|
Comstock Resources shares are trading lower after the company reported the commencement of a 40 million share common stock offering.
|
Cowboys Owner Jones’ Shale Driller Selling Shares; Stock Tumbles
- (Bloomberg) -- Comstock Resources Inc., the shale driller controlled by Dallas Cowboys owner Jerry Jones, plans to sell at least 40 million shares of common stock to redeem preferred convertible stock and reduce debt.The offering announced late Wednesday would represent a 21% dilution to current investors; that expands to 24% if underwriters exercise the full option to purchase an additional 6 million shares. The stock tumbled 15% in after-hours trading.The Frisco, Texas-based explorer offered to sell the new shares for $5 to $6 apiece, according to a person familiar with the matter, who asked not to be identified because they are not authorized to speak about it. That would represent a discount of as much 23% to Wednesday’s $6.50 closing price. The offering comes just a week after Comstock’s lenders lowered the driller’s borrowing base by 11% to $1.4 billion.As recently as November, Jones said he was keen to expand his holdings in the natural gas-rich Haynesville shale region of Louisiana. Comstock’s output is 98% gas, which has insulated the company from the worst ravages of the unprecedented collapse in crude prices.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 05/13/2020
|
COMSTOCK RESOURCES ANNOUNCES COMMON STOCK OFFERING
- Comstock also intends to grant the underwriters a 30-day option to purchase up to 6 million additional shares of common stock. Comstock intends to use the net proceeds from the offering to redeem the Company’s Series A Redeemable Convertible Preferred Stock for $210 million plus accrued and unpaid dividends and to reduce amounts outstanding under its bank credit facility. Citigroup is acting as the sole book-running manager and representative of the underwriters for the offering.
- 05/13/2020
|
Cimarex Energy (XEC) Q1 Earnings Beat, Capex Guidance Cut
- Cimarex Energy's (XEC) first-quarter 2020 earnings deliver a positive surprise while revenues lag estimates.
- 05/13/2020
|
Cimarex Energy (XEC) Q1 Earnings Beat, Capex Guidance Cut
- Stocks Analysis by Zacks Investment Research covering: Range Resources Corp, Crude Oil WTI Futures, Natural Gas Futures, Cabot Oil & Gas Corporation. Read Zacks Investment Research's latest article on Investing.com
- 05/13/2020
|
E&P Management Guidance: We Are Doing Great, But Our Stakeholders Are Not
- Year-end and Q1 press releases continue to stress operational matters rather than the losses that investors have incurred, even before the coronavirus and price
- 05/11/2020
|
Comstock Resources, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
- Comstock Resources, Inc. (NYSE:CRK) shareholders are probably feeling a little disappointed, since its shares fell...
- 05/11/2020
|
Comstock Resources Inc (CRK) Q1 2020 Earnings Call Transcript
- Thank you for standing by, and welcome to the Q1 2020 Comstock Resources Incorporated Earnings Conference Call. Since we are 98% natural gas, we have already become a beneficiary of the corrected oil market as we see associated gas being shut in and a collapse in the rig count occurring.
- 05/09/2020
|
Comstock Resources' (CRK) CEO Jay Allison on Q1 2020 Results - Earnings Call Transcript
- Comstock Resources, Inc. (NYSE:CRK) Q1 2020 Earnings Conference Call May 7, 2020 11:00 AM ET Company Participants Jay Allison – Chairman and Chief Executive Off
- 05/09/2020
|
Edited Transcript of CRK earnings conference call or presentation 7-May-20 3:00pm GMT
- Q1 2020 Comstock Resources Inc Earnings Call
- 05/09/2020
|
The Fed May Buy Junk-Bond ETFs. That Could Reward the Worst Issuers.
- If the Federal Reserve executes its plan to buy high-yield ETFs, it will be indiscriminately buying junk bonds—many of which were issued by companies at-risk before the pandemic. What this means for active investors.
- 05/08/2020
|
EOG Resources (EOG) Q1 Earnings Miss on Lower Crude Prices
|
Comstock Resources Yesterday Reported Q1 EPS $0.120 Beats $0.080 Estimate, Sales $225.878M Miss $255.170M Estimate
|
COMSTOCK RESOURCES, INC. REPORTS FIRST QUARTER 2020 FINANCIAL AND OPERATING RESULTS
- FRISCO, TX, May 06, 2020 -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended March 31,.
- 05/06/2020
|
Volume Growth to Aid Targa Resources' (TRGP) Q1 Earnings
|
DCP Midstream (DCP) to Report Q1 Earnings: What's in Store?
- Lower NGL production is likely to have hurt DCP Midstream's (DCP) Q1 results.
- 05/04/2020
|
DCP Midstream (DCP) to Report Q1 Earnings: What's in Store?
|
10 Energy Company Bonds That Could Reward Investors
- The debt of energy companies such as Occidental Petroleum, Marathon Oil, Parsley Energy, and Continental Resources yields more than 8% and offers an attractive alternative to beaten-up oil and gas shares.
- 05/01/2020
|
Phillips 66 (PSX) Q1 Earnings Beat on Midstream Performance
- Phillips 66's (PSX) first-quarter results are supported by higher realized marketing fuel margins in both the United States and international markets.
- 05/01/2020
|
Occidental (OXY) to Post Q1 Earnings: What's in the Offing?
- Occidental Petroleum (OXY) is set to release first-quarter 2020 results on May 5. It has taken additional initiatives to counter the challenges posed by the outbreak of COVID-19.
- 05/01/2020
|
Occidental (OXY) to Post Q1 Earnings: What's in the Offing?
- Occidental Petroleum (OXY) is set to release first-quarter 2020 results on May 5. It has taken additional initiatives to counter the challenges posed by the outbreak of COVID-19.
- 05/01/2020
|
Antero Resources (AR) Q1 Earnings Miss on Lower Gas Prices
- Antero Resources' (AR) first-quarter results are affected by significantly lower realized commodity prices, partially offset by increased production and decreased operating expenses.
- 05/01/2020
|
Antero Resources (AR) Q1 Earnings Miss on Lower Gas Prices
- Antero Resources' (AR) first-quarter results are affected by significantly lower realized commodity prices, partially offset by increased production and decreased operating expenses.
- 05/01/2020
|
Devon Energy (DVN) to Post Q1 Earnings: What's in the Offing?
- Devon Energy's (DVN) lower capital expenditure and hedging of a substantial portion of commodity production to support operations are likely to have aided first-quarter performance.
- 05/01/2020
|
Cabot Oil (COG) Q1 Earnings Beat Estimates on Output Ramp-Up
- Cabot Oil's (COG) total average unit costs decline to $1.46 per thousand cubic feet equivalent in Q1 from the year-ago figure of $1.48.
- 05/01/2020
|
Helmerich & Payne (HP) Incurs Q2 Loss, Beats on Revenues
- For the current fiscal year, Helmerich & Payne (HP) estimates capital outlay within $185-$205 million.
- 05/01/2020
|
Phillips 66 (PSX) Q1 Earnings Beat on Midstream Performance
|
Matador (MTDR) Q1 Earnings Beat on Strong Production Volumes
- Matador Resources' (MTDR) first-quarter results are supported by higher oil and gas production volumes, as well as lower operating expenses, partially offset by weak commodity price realizations.
- 04/30/2020
|
Matador (MTDR) Q1 Earnings Beat on Strong Production Volumes
- Matador Resources' (MTDR) first-quarter results are supported by higher oil and gas production volumes, as well as lower operating expenses, partially offset by weak commodity price realizations.
- 04/30/2020
|
What Lies Ahead for Suncor Energy's (SU) Earnings in Q1?
- While major activities at Suncor Energy's (SU) principal projects are likely to reflect on its Q1 upstream results, weak year-over-year refining margins might have dampened its downstream units.
- 04/30/2020
|
What Lies Ahead for Suncor Energy's (SU) Earnings in Q1?
- While major activities at Suncor Energy's (SU) principal projects are likely to reflect on its Q1 upstream results, weak year-over-year refining margins might have dampened its downstream units.
- 04/30/2020
|
Things to Know Before Marathon Petroleum's (MPC) Q1 Earnings
- Marathon Petroleum's (MPC) first-quarter results are likely to reflect synergies from the Andeavor acquisition of 2018.
- 04/30/2020
|
Things to Know Before Marathon Petroleum's (MPC) Q1 Earnings
- Marathon Petroleum's (MPC) first-quarter results are likely to reflect synergies from the Andeavor acquisition of 2018.
- 04/30/2020
|
ConocoPhillips (COP) Tops Q1 Earnings Estimates, Keeps Dividend
- Contributions from Lower 48 Big 3 unconventional resources aid ConocoPhillips' (COP) Q1 earnings.
- 04/30/2020
|
Comstock Environmental Expands Mid-Atlantic Presence
- Comstock Environmental, an environmental engineering and consulting firm, announced today that Green Street Environmental, a Baltimore, MD based environmental firm providing Indoor Air Quality (IAQ) Services, environmental due diligence and remediation services will be merged into Comstock Environmental
- 04/30/2020
|
Matador (MTDR) Q1 Earnings Beat on Strong Production Volumes
|
Factors Likely to Impact Williams Companies' (WMB) Q1 Earnings
- Williams' (WMB) 'Atlantic-Gulf' and 'Northeast G&P' segments, collectively representing above 70% of the company's adjusted EBITDA, are likely to have grown in Q1.
- 04/29/2020
|
What's in the Offing for Diamondback (FANG) Q1 Earnings?
- Diamondback's (FANG) Q1 results are likely to reflect a weaker impact of realized natural gas prices than the year-ago reported level.
- 04/29/2020
|
Comstock Resources (CRK) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Comstock (CRK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/29/2020
|
Comstock Resources (CRK) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Comstock (CRK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/29/2020
|
Valero Energy (VLO) Q1 Earnings & Revenues Beat Estimates
- Valero Energy's (VLO) first-quarter results are supported by a rise in renewable diesel sales volumes and lower operating expenses.
- 04/29/2020
|
Valero Energy (VLO) Q1 Earnings & Revenues Beat Estimates
- Valero Energy's (VLO) first-quarter results are supported by a rise in renewable diesel sales volumes and lower operating expenses.
- 04/29/2020
|
Eni (E) Q1 Earnings Miss Estimates on Lower Production Volumes
- Lower production volumes and average realized prices of liquids and natural gas hurt Eni's (E) Q1 earnings.
- 04/29/2020
|
Comstock Resources (CRK) Scheduled to Post Quarterly Earnings on Wednesday
- Comstock Resources (NYSE:CRK) is set to release its earnings data after the market closes on Wednesday, May 6th. Analysts expect Comstock Resources to post earnings of $0.07 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link. Comstock Resources (NYSE:CRK) last announced its quarterly […]
- 04/29/2020
|
Factors Likely to Impact Williams Companies' (WMB) Q1 Earnings
|
BP Lags Q1 Earnings & Revenue Estimates, Maintains Dividend
- Lower oil equivalent production hurts BP's Q1 earnings.
- 04/28/2020
|
Comstock Resources (NYSE:CRK) Given New $9.00 Price Target at SunTrust Banks
- Comstock Resources (NYSE:CRK) had its price target increased by SunTrust Banks from $7.00 to $9.00 in a research report released on Friday morning, BenzingaRatingsTable reports. The firm currently has a buy rating on the oil and gas producer’s stock. A number of other research firms have also recently weighed in on CRK. Stifel Nicolaus upgraded […]
- 04/28/2020
|
BP Lags Q1 Earnings & Revenue Estimates, Maintains Dividend
|
5 Energy Stocks Beating the Market
- DHT Holdings tops the list Continue reading...
- 04/27/2020
|
5 Energy Stocks Beating the Market
- 5 Energy Stocks Beating the Market, Stocks: EURN,CNX,FRO,CRK,DHT, release date:Apr 27, 2020
- 04/27/2020
|
US Capital Advisors Weighs in on Comstock Resources Inc's Q3 2020 Earnings (NYSE:CRK)
- Comstock Resources Inc (NYSE:CRK) – Investment analysts at US Capital Advisors upped their Q3 2020 earnings per share estimates for shares of Comstock Resources in a report released on Thursday, April 23rd. US Capital Advisors analyst C. Horwitz now forecasts that the oil and gas producer will post earnings of $0.10 per share for the […]
- 04/27/2020
|
5 Energy Stocks Beating the Market
|
Based On Its ROE, Is Comstock Resources, Inc. (NYSE:CRK) A High Quality Stock?
- While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- 04/25/2020
|
US Capital Advisors Comments on Comstock Resources Inc's Q1 2020 Earnings (NYSE:CRK)
- Comstock Resources Inc (NYSE:CRK) – Equities research analysts at US Capital Advisors cut their Q1 2020 earnings per share estimates for Comstock Resources in a research note issued on Thursday, April 23rd. US Capital Advisors analyst C. Horwitz now anticipates that the oil and gas producer will post earnings per share of $0.07 for the […]
- 04/25/2020
|
Patterson-UTI (PTEN) Q1 Loss Narrower-Than-Expected, Sales Top
- With drilling activity set to decline significantly, Patterson-UTI (PTEN) expects to run just four frack fleets in the second quarter.
- 04/24/2020
|
Patterson-UTI (PTEN) Q1 Loss Narrower-Than-Expected, Sales Top
- With drilling activity set to decline significantly, Patterson-UTI (PTEN) expects to run just four frack fleets in the second quarter.
- 04/24/2020
|
EQT Corporation Lifts Q1 Gas Volume View Despite Coronavirus
- The coronavirus pandemic is unlikely to have a considerable impact on EQT Corporation's (EQT) upstream business.
- 04/24/2020
|
EQT Corporation Lifts Q1 Gas Volume View Despite Coronavirus
- The coronavirus pandemic is unlikely to have a considerable impact on EQT Corporation's (EQT) upstream business.
- 04/24/2020
|
Helix Energy (HLX) Catches Eye: Stock Jumps 5.7%
- Helix Energy (HLX) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.
- 04/24/2020
|
Helix Energy (HLX) Catches Eye: Stock Jumps 5.7%
- Helix Energy (HLX) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.
- 04/24/2020
|
Comstock Resources shares are trading higher after SunTrust Robinson Humphrey maintained its Buy rating and raised its price target on the stock from $7 to $9 per share.
|
Zacks Market Edge Highlights: Chesapeake Energy, Comstock Resources, Schlumberger, Pioneer Natural Resources and EOG Resources
- Zacks Market Edge Highlights: Chesapeake Energy, Comstock Resources, Schlumberger, Pioneer Natural Resources and EOG Resources
- 04/23/2020
|
Zacks Market Edge Highlights: Chesapeake Energy, Comstock Resources, Schlumberger, Pioneer Natural Resources and EOG Resources
- Zacks Market Edge Highlights: Chesapeake Energy, Comstock Resources, Schlumberger, Pioneer Natural Resources and EOG Resources
- 04/23/2020
|
Kinder Morgan (KMI) Meets Q1 Earnings Estimates, Ups Dividend
- Higher average tariffs on refined product pipeline aid Kinder Morgan's (KMI) Q1 earnings.
- 04/23/2020
|
Core Labs' (CLB) Q1 Earnings Miss, Sales Beat Estimates
- In a bid to sustain a strong balance sheet and lower the debt load, Core Labs (CLB) trims its quarterly cash dividend to a penny per share from the prior dividend of 25 cents.
- 04/23/2020
|
TechnipFMC (FTI) Q1 Earnings and Revenues Miss Estimates
- TechnipFMC's (FTI) order backlog increases to $21.9 billion in the first quarter, improving 23.5% from the year-ago level.
- 04/23/2020
|
TechnipFMC (FTI) Q1 Earnings and Revenues Miss Estimates
- TechnipFMC's (FTI) order backlog increases to $21.9 billion in the first quarter, improving 23.5% from the year-ago level.
- 04/23/2020
|
Zacks Market Edge Highlights: Chesapeake Energy, Comstock Resources, Schlumberger, Pioneer Natural Resources and EOG Resources
|
The Pros and Cons of Investing in Energy Stocks in 2020
- Energy continues to be the most hated sector on Wall Street. But should investors finally be taking a look for deals?
- 04/22/2020
|
The Pros and Cons of Investing in Energy Stocks in 2020
- Energy continues to be the most hated sector on Wall Street. But should investors finally be taking a look for deals?
- 04/22/2020
|
Baker Hughes (BKR) Q1 Earnings Beat on Solid Oilfield Services
- Baker Hughes' (BKR) first-quarter results are supported by higher cost productivity in the TPS unit, partially offset by lower volume in Surface Pressure Control and Services businesses.
- 04/22/2020
|
Top Oil and Gas Penny Stocks for Q2 2020
- These are the oil and gas penny stocks with the best value, fastest growth, and most momentum for Q2 2020.
- 04/22/2020
|
ExxonMobil and Sonatrach Sign Exploration & Development MoU
- ExxonMobil's (XOM) deal with Algerian state-run company Sonatrach focuses on potential exploration and development opportunities in the North African OPEC country.
- 04/22/2020
|
ExxonMobil and Sonatrach Sign Exploration & Development MoU
- ExxonMobil's (XOM) deal with Algerian state-run company Sonatrach focuses on potential exploration and development opportunities in the North African OPEC country.
- 04/22/2020
|
52 Biggest Movers From Yesterday
|
The Pros and Cons of Investing in Energy Stocks in 2020
|
Comstock Re-Prices Non-Brokered Financing
- Vancouver, British Columbia--(Newsfile Corp. - April 21, 2020) - Comstock Metals Ltd. (TSXV: CSL) ("CSL" or the "Company") today announced that it is re-pricing its previously announced (see press release dated February 7, 2020) proposed non-brokered private placement of units (the
- 04/21/2020
|
Goldman Sachs Group Inc. Has $574,000 Position in Comstock Resources Inc (NYSE:CRK)
- Goldman Sachs Group Inc. reduced its holdings in Comstock Resources Inc (NYSE:CRK) by 9.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 69,743 shares of the oil and gas producer’s stock after selling 7,129 shares during the quarter. Goldman Sachs Group Inc.’s holdings in […]
- 04/21/2020
|
Comstock Resources Inc (NYSE:CRK) Receives Average Rating of "Hold" from Analysts
- Comstock Resources Inc (NYSE:CRK) has received an average rating of “Hold” from the eight ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. The average 1 year […]
- 04/21/2020
|
Are Comstock Resources, Inc.’s (NYSE:CRK) Returns Worth Your While?
- Today we'll look at Comstock Resources, Inc. (NYSE:CRK) and reflect on its potential as an investment. Specifically...
- 04/20/2020
|
Cimarex Cuts 2020 Capex Again, Plans to Curb May Output by 30%
- Cimarex Energy (XEC) intends to operate with only one rig and drop the rest in the beginning of the next month.
- 04/16/2020
|
Cimarex Cuts 2020 Capex Again, Plans to Curb May Output by 30%
- Cimarex Energy (XEC) intends to operate with only one rig and drop the rest in the beginning of the next month.
- 04/16/2020
|
Chesapeake Sees Biggest Selloff Following Reverse Stock Split
- Chesapeake Energy's (CHK) reverse stock split move is likely to boost share price and comply with the NYSE listing requirements.
- 04/16/2020
|
Chesapeake Sees Biggest Selloff Following Reverse Stock Split
|
Big Banks Set To Seize Shale Oil Assets
- Shale companies, for years, have binged on cheap debt that they now are struggling to pay back, and a number of big banks have started setting up independent companies that will take over operations at distressed oil and gas companies
- 04/15/2020
|
Hedge Funds Are Selling BioTelemetry, Inc. (BEAT)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/15/2020
|
Is Seacoast Banking Corporation of Florida (SBCF) A Good Stock To Buy?
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 04/15/2020
|
Do Hedge Funds Love STAAR Surgical Company (STAA)?
- Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to […]
- 04/15/2020
|
Is SFL Corporation Ltd. (SFL) A Good Stock To Buy?
- Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to […]
- 04/15/2020
|
Comstock Resources Inc (CRK): Are Hedge Funds Right About This Stock?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P; 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/15/2020
|
Factors to Know Ahead of Schlumberger's (SLB) Q1 Earnings
- Schlumberger's (SLB) first-quarter results are likely to be hurt by conservative spending by explorers and producers.
- 04/15/2020
|
Factors to Know Ahead of Schlumberger's (SLB) Q1 Earnings
- Schlumberger's (SLB) first-quarter results are likely to be hurt by conservative spending by explorers and producers.
- 04/15/2020
|
Comstock Holding Companies Reports 2019 Results
- WASHINGTON and RESTON, Va., April 15, 2020 -- On April 15, 2020, Comstock Holding Companies, Inc., (NASDAQ: CHCI) (the “Company”), announced financial results for the year.
- 04/15/2020
|
Factors to Know Ahead of Schlumberger's (SLB) Q1 Earnings
|
