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Stock impact report

Analyst: Is Jerry Jones Making a Run to Take Comstock Private? [Yahoo! Finance]

Comstock Resources, Inc. (CRK) 
Last comstock resources, inc. earnings: 2/26 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
But during the week, he gobbles up Comstock Resources (CRK) stock. Analysts wonder if Jones might split the tackles and run downhill toward a go-private buyout of the Haynesville Shale gas producer. Jones and his affiliated businesses, Arkoma Drilling LP, Blue Star Exploration Co., Williston Drilling LP and JWJ BES LLC, went on a share-buying spree in August, according to U.S. Securities & Exchange Commission filings. The Jones family acquired more than 13.4 million CRK shares between Aug. 5 and Aug. 27 at average weighted prices ranging between $8.16 and $11.54 per share, filings show. Based on average weighted prices, the share purchases in August were collectively valued at about $137.5 million. The Jones family now owns 208.3 million Comstock shares, more than 71% of the company's outstanding common stock. Analysts at KeyBanc Capital Markets note there's not much of Comstock left for Jones to buy. “We can't help but notice similarities to Continental Resources , whic Show less Read more
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