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CRK

Comstock Resources Inc.

6/20/2013, 4:17 AM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
| Dividends
| M&A
| On the move

Wednesday, May 15, 12:50 PM Comstock Resources, Inc. (CRK) declares its first-ever quarterly dividend of $0.125/share. Forward yield 2.81%. For shareholders of record May 31. Payable June 15. Ex-div date May 29 (PR) Comment! [Dividends]
Monday, April 29, 4:15 PM Comstock (CRK): Q1 EPS of -$0.52 misses by $0.06. Revenue of $111.3M beats by $3.4M. (PR) Comment! [Earnings, Breaking News]
Monday, April 29, 12:10 AM Notable earnings after Monday’s close: ANAD, ANH, BWLD, CBL, CRK, CSE, CYH, DTLK, ESRX, GGP, HIG, HLF, HTZ, IDTI, JEC, MAS, MSTR, NEM, PCL, QGEN, RGR, RJET, RVBD, SBAC, SSW, SU, TXRH, VECO 1 Comment [Earnings]
Sunday, April 28, 5:35 PM Notable earnings after Monday’s close: ANAD, ANH, BWLD, CBL, CRK, CSE, CYH, DTLK, ESRX, GGP, HIG, HLF, HTZ, IDTI, JEC, MAS, MSTR, NEM, PCL, QGEN, RGR, RJET, RVBD, SBAC, SSW, SU, TXRH, VECO 1 Comment [Earnings]
Thursday, April 4, 5:32 PM Credit Suisse places Rex Energy (REXX), Range Resources (RRC) and Rosetta Resources (ROSE) at the top of its list of small-to-midsized energy explorers most efficiently running their operations. The firm focuses on three-year recycle ratios of cash flow per unit divided by unit organic finding and development costs. Penn Virginia (PVA) and Forest Oil (FST) screen as less efficient. Comment! [Energy, Quick Ideas]
Friday, March 15, 2:39 PM Rosetta Resources' (ROSE +1%) purchase of some of Comstock Resources' (CRK +13.6%) oil-rich acreage in the Permian Basin will reduce its dependence on the Eagle Ford shale and "provides clarity on growth plans"; ~96% of ROSE's production last year came from Eagle Ford. Shares of other firms with prominent Permian acreage also are higher: CWEI +10%, XEC +1%, CXO +0.4%. Comment! [Energy, On the Move]
Friday, March 15, 9:28 AM Rosetta Resources (ROSE) agrees to acquire Permian Basin assets from Comstock Resources (CRK) for ~$768M. ROSE says the deal provides new entry in the Permian and access to oil-weighted multi-pay areas, and expands capital project inventory by ~1,300 gross drilling locations. CRK, +6.5% premarket, updates its 2013 capital budget to $422M to reflect the sale. Comment! [Energy, On the Move]
Monday, February 11, 4:15 PM Comstock (CRK): Q4 EPS of -$1.68 misses by $1.33. Revenue of $106.6M misses by $9.39M. (PR) Comment! [Earnings, Breaking News]
Monday, February 11, 12:10 AM Notable earnings after Monday’s close: AMSC, BKD, BNNY, CRK, DNB, LGF, MAS, MNKD, NCLH, NQ, OMI Comment! [Earnings]
Sunday, February 10, 5:35 PM Notable earnings after Monday’s close: AMSC, BKD, BNNY, CRK, DNB, LGF, MAS, MNKD, NCLH, NQ, OMI 1 Comment [Earnings]
Tuesday, January 22, 11:26 AM Comstock Resources (CRK -2%) expects to take a Q4 impairment charge of ~$78M, which amounts to $51M after tax or $1.10/share, related to unevaluated leases which aren't expected to be developed prior to their expiration and certain developed natural gas properties. CRK plans to spend $420M in drilling and completion expenditures and $25M on lease acquisitions in 2013 vs. $490M and $35M spent in 2012. Comment! [Energy, On the Move]
Wednesday, January 9, 2:29 PM Global Hunter says it's getting more conservative with growth expectations for the year at Comstock Resources (CRK -8.6%) after reviewing the oil and gas producer's 2013 capital expenditure budget. The firm sees CRK's results at the low end of consensus for next year, and revises its price target and total oil production estimate downward. Comment! [Commodities, Quick Ideas, On the Move]
Wednesday, January 9, 12:45 PM Midday top 10 gainers: ININ +19%. KGJI +15%. SINO +14%. ZIPR +14%. CTC +14%. ROSG +13%. CSIQ +13%. TSL +13%. SAAS +12%. SMED +12%.
Midday top 10 Losers: SCHS -29%. PPHM -12%. PTEK -11%. CTIC -11%. DLGC -11%. MG -11%. ZA -10%. DYSL -9%. APOL -9%. CRK -8%. Comment! [On the Move]
Monday, October 29, 2012, 4:52 PM Comstock Resources (CRK): Q3 EPS of -$0.50 misses by $0.23. Revenue of $117.1M (-1.9% Y/Y) misses by $5M. (PR) Comment! [Earnings, Energy]
Tuesday, October 2, 2012, 9:43 AM A more robust outlook for natural gas prices is lifting prospects for producers Devon Energy (DVN +1.2%), Comstock Resources (CRK +0.8%) and Cimarex Energy (XEC +1.8%), FBR Capital says in upgrading shares to Outperform. "U.S. natural gas market fundamentals have already undergone substantial structural realignment needed to balance the market," FBR says. Comment! [Energy, Quick Ideas, On the Move]
Wednesday, August 29, 2012, 10:25 AM Canaccord analyst John Gerdes handicaps his favorite E&P names in a new research note, writing that the price dynamic between crude oil and natural gas has led the industry to direct money away from gas activities and toward oil development, which carries higher margins. His favorites: APC, EOG, COG, SM, CRK, SN. Comment! [Energy, Quick Ideas]