CRK news

Latest 4 stories · newest Sep 1, 2026

CRK

Comstock announces $1.65B strategic partnership with SOCAR

Comstock Resources entered a letter of intent with SOCAR to sell a 20% interest in Legacy Haynesville assets, a 15% interest in Western Haynesville assets, and a 15% stake in Pinnacle Gas Services for $1.65B in cash, significantly reducing its debt.

M&A Sep 1, 2026 sentiment +0.50 SEC filing ↗

CRK

Comstock Q2 2026 Operating Improvements, Pinnacle Sale

Comstock Resources reported 16% production growth and $332 million in sales for Q2 2026, funded the sale of Pinnacle Gas Services for $600 million, and generated positive operating cash flow.

Earnings Jul 29, 2026 sentiment +0.80 SEC filing ↗

CRK

Comstock sells 27% stake in Pinnacle Gas Services to Sixth Street for $600M

Comstock Resources sold a minority equity interest in its midstream subsidiary Pinnacle Gas Services to Sixth Street Partners for $600 million, valuing Pinnacle at $2.2 billion enterprise value. The transaction strengthens Comstock's balance sheet by retiring preferred equity and debt while retainin…

M&A Jun 16, 2026 sentiment +0.75 SEC filing ↗

CRK

Shares of oil and gas-related companies are trading higher after President Trump said the the U.S. military will hit Iran harder today than yesterday's strikes. Earlier in a social media post he said that Iran will "pay the price" for being too slow to negotiate a peace agreement.

WIIM Jun 10, 2026 sentiment 0.00 Source: benzinga.com ↗

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