UPDATE 1-Comstock Resources to acquire Covey Park in $2.2 billion deal [Reuters]
Comstock Resources, Inc. (CRK)
Last comstock resources, inc. earnings: 2/26 04:30 pm
Check Earnings Report
US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=101568&p=irol-irhome
Company Research
Source: Reuters
Comstock Resources to acquire Covey Park in $2.2 billion deal - Reuters 2 Min Read (Reuters) - Comstock Resources Inc said on Monday it would buy privately held natural gas company Covey Park in a deal valued at about $2.2 billion, including debt, to strengthen its position in the Haynesville shale basin. The cash-and-stock deal would raise Comstock’s net production to more than 1.1 billion cubic feet equivalent per day, the company said. Dallas-based billionaire Jerry Jones, who first invested in Comstock in April last year, will infuse an additional $475 million in cash for 50,000,000 of newly issued shares of Comstock common stock. The additional equity investment brings Jerry Jones’ total investment in Comstock to about $1.1 billion. Natural gas output at Haynesville, located in northern Louisiana and eastern Texas, is projected to be the second fastest-growing among shale basins this month, according to U.S. Energy Information Administration. Wells Fargo Securities, LLC and BMO C
Show less
Read more
Impact Snapshot
Event Time:
CRK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CRK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CRK alerts
High impacting Comstock Resources, Inc. news events
Weekly update
A roundup of the hottest topics
CRK
News
- Winter to Be Colder: RRC, AR, CRK Stocks to Gain From Gas Demand? [Yahoo! Finance]Yahoo! Finance
- COMSTOCK RESOURCES, INC. REPORTS THIRD QUARTER 2024 FINANCIAL AND OPERATING RESULTSGlobeNewswire
- Comstock Resources, Inc. (NYSE: CRK) is now covered by analysts at Bank of America Co.. They set a "buy" rating and a $14.00 price target on the stock.MarketBeat
- Analysts Estimate Comstock Resources (CRK) to Report a Decline in Earnings: What to Look Out for [Yahoo! Finance]Yahoo! Finance
- Comstock May Be Taken Private In A Gas Bear Market [Seeking Alpha]Seeking Alpha
CRK
Earnings
- 10/30/24 - Miss
CRK
Sec Filings
- 10/31/24 - Form 10-Q
- 10/30/24 - Form 8-K
- 10/7/24 - Form SC
- CRK's page on the SEC website