News Breaks |
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| March 15, 2013 |
| 09:01 EDT |  | CRK, ROSE | Comstock 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. |
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News For CRK;ROSE From The Last 14 Days Check below for free stories on CRK;ROSE the last two weeks. |
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| May 16, 2013 |
| 10:03 EDT |  | CRK | On The Fly: Analyst Downgrade Summary
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| 10:03 EDT |  | ROSE | On The Fly: Analyst Upgrade Summary
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| 06:42 EDT | | CRK | Comstock Resources downgraded to Hold from Buy at KeyBanc
KeyBanc downgraded Comstock citing lack of catalysts and inventory concerns that will require it to make additional oil-focused acquisitions. |
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| 05:35 EDT | | ROSE | Rosetta Resources upgraded to Outperform from Market Perform at Wells Fargo
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| May 15, 2013 |
| 09:55 EDT | | CRK | Comstock Resources approves $100M share buyback, declares 12.5c dividend
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| May 14, 2013 |
| 16:16 EDT | | CRK, ROSE | Comstock completes sale of assets to Rosetta Resources for $811M
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| 12:20 EDT |  | CRK | Comstock Resources management to meet with Oppenheimer
Meeting to be held in the Midwest on May 21 hosted by Oppenheimer. |
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| May 13, 2013 |
| 07:22 EDT | | CRK | FBR Capital to host a conference
2013 Energy & Industrials One-on-One Series Conference is being held in Boston on May 13. |
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| May 8, 2013 |
| 16:39 EDT | | CRK | Comstock Resources appoints CFO Roland O. Burns as president
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| May 7, 2013 |
| 09:40 EDT | | ROSE | Rosetta Resources upgraded to Outperform from Sector Perform at Iberia
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