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Stock impact report

Comstock Resources (CRK) Continues to Surge Amid Rising Natural Gas Prices [Yahoo! Finance]

Comstock Resources, Inc. (CRK) 
Last comstock resources, inc. earnings: 2/26 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Comstock Resources (CRK) Continues to Surge Amid Rising Natural Gas Prices Comstock Resources, Inc. (NYSE:CRK) is a leading independent natural gas producer with operations focused on the development of the Haynesville shale in North Louisiana and East Texas. Comstock Resources, Inc. (NYSE:CRK) continued its rally after posting strong results for its third quarter on November 4, with the natural gas producer topping expectations on the back of higher natural gas prices and continued strong drilling results in the Haynesville and Bossier shales. The company also agreed to sell its Shelby Trough assets for $430 million in cash, allowing it to strengthen its balance sheet and reduce debt. Following a solid Q3 performance, UBS raised its price target on Comstock Resources, Inc. (NYSE:CRK) from $14 to $16, but kept a ‘Sell' rating on its shares. Comstock Resources, Inc. (NYSE:CRK) also received a significant boost this week after natural gas prices hit their highest level since De Show less Read more
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