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Stock Market & Financial Investment News

News Breaks
March 15, 2013
09:01 EDTROSE, CRKComstock Resources announces sale of West Texas properties to Rosetta Resources
Comstock Resources (CRK) announced that it has entered into a definitive agreement with Rosetta Resources (ROSE) pursuant to which Rosetta will acquire all of Comstock's oil and gas properties in Reeves and Gaines counties in West Texas for a sales price of $768M, subject to customary purchase price adjustments and closing conditions. The sale will have an effective date of January 1 and is expected to close on or about May 15. The company intends to use the proceeds from the sale to reduce its outstanding debt and to fund an increase to its 2013 drilling program in the Eagle Ford shale.
News For CRK;ROSE From The Last 14 Days
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March 23, 2015
10:32 EDTCRKComstock Resources now sees 2015 natural gas production 130-155 MMcf/d
2015 oil production is still expected to average between 9,500 to 10,500 barrels per day.
10:32 EDTCRKComstock Resources cuts 2015 capital spending plan 22% to $248M
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March 18, 2015
13:13 EDTROSEAnalyst recommends buying top E&P names before crude finds its bottom
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07:21 EDTROSEE&P stocks should be bought on weakness, says Stifel
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March 17, 2015
10:00 EDTROSE, CRKOn The Fly: Analyst Downgrade Summary
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09:14 EDTROSERosetta Resources downgraded to Accumulate from Buy at Global Hunter
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09:14 EDTCRKComstock Resources downgraded to Sell from Neutral at Global Hunter
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