COMSTOCK RESOURCES, INC. ANNOUNCES THIRD QUARTER 2026 EARNINGS DATE AND CONFERENCE CALL INFORMATION

FRISCO, TX, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release its third quarter 2026 results on November 4, 2026 after the market closes and host its quarterly conference call at 10:00 a.m. CT on November 5, 2026 to discuss the third quarter results.

GlobeNewsWire • Oct 5, 2026

CRK Advances $1.65B SOCAR Partnership by Signing Framework Agreement

Comstock's $1.65B SOCAR partnership advances, adding LNG market access and greater visibility to its Haynesville growth strategy.

Zacks Investment Research • Sep 29, 2026

COMSTOCK ANNOUNCES SIGNING OF FRAMEWORK AGREEMENT FOR $1.65 BILLION STRATEGIC PARTNERSHIP WITH SOCAR

FRISCO, TX, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE and NYSE Texas: CRK) ("Comstock" or the "Company") announced today that in conjunction with the Azerbaijan International Investment Forum, Comstock and SOCAR entered into a Framework Agreement memorializing the previously announced strategic partnership and SOCAR's $1.65 billion investment in the Haynesville Shale, North America's premier natural gas basin with close proximity to the Gulf of America's LNG export facilities. The Framework Agreement memorializes both parties' mutual commitment to negotiate and execute a definitive purchase and sale agreement consistent with the previously announced letter of intent related to the $1.65 billion strategic partnership. The definitive purchase and sale agreement is anticipated to be signed no later than October 31, 2026, and the transaction is expected to be closed by the end of 2026.

GlobeNewsWire • Sep 28, 2026

Comstock Resources: SOCAR And Jones Family Deals Substantially Improve Its Financial Outlook

Comstock's SOCAR and Jones deals reduce its projected year-end 2027 net debt from around $4 billion to under $2 billion. This relieves financial pressure as it attempts to work on its Western Haynesville economics. The SOCAR deal appears to be around 7x EBITDAX at $3.30 NYMEX natural gas.

Seeking Alpha • Sep 12, 2026

Comstock Resources: SOCAR Deal And Jones JV A Strong Vote Of Confidence Yet Risks Remain

Comstock Resources (CRK) retains a Buy rating, suitable only for aggressive, risk-tolerant investors due to ongoing free cash flow outspend through 2027. Recent SOCAR and Jones JV deals inject $1.65 billion in cash, reduce leverage, and provide $450 million in drilling cost coverage, easing near-term liquidity risk. Comstock's investment case hinges on structurally higher US natural gas prices and significant D&C cost reductions in the Western Haynesville by late 2027.

Seeking Alpha • Sep 10, 2026

Comstock Resources: A Potential Unexpected Step Forward Surprises The Market

Comstock Resources announces a $400M+ JV with the Jerry Jones family and a preliminary deal to halve its debt via $1.65B in gross proceeds. CRK is trading legacy Haynesville and Pinnacle interests for financial flexibility to drive cost reductions in Western Haynesville. Management and major shareholder Jerry Jones see potential for substantial value creation.

Seeking Alpha • Sep 5, 2026

$1.65B SOCAR Deal & $450M JV Strengthen CRK's Financials & Growth

Comstock's $1.65B SOCAR deal and $450M drilling JV aim to cut debt, fund Haynesville growth and expand natural gas marketing.

Zacks Investment Research • Sep 3, 2026

Comstock plans to cut debt with $1.65 billion Haynesville stake sale to Azerbaijan's SOCAR

Comstock Resources on Tuesday said it plans to sell stakes in its Haynesville ​shale assets and related midstream business to Azerbaijan's SOCAR for $1.65 ‌billion in cash, as the U.S. natural gas producer aims to reduce its debt.

Reuters • Sep 1, 2026

COMSTOCK ANNOUNCES $1.65 BILLION STRATEGIC PARTNERSHIP WITH SOCAR AND $450 MILLION DRILLING JOINT VENTURE WITH JERRY JONES

FRISCO, TX, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE and NYSE Texas: CRK) ("Comstock" or the "Company") announced today that it has entered into a letter of intent with the State Oil Company of the Azerbaijan Republic ("SOCAR") under which SOCAR or a wholly owned subsidiary of SOCAR would acquire, subject to the terms of the letter of intent and a definitive purchase and sale agreement, (i) a non-operated working interest representing 20% of Comstock's interest in its Legacy Haynesville upstream assets, (ii) a non-operated working interest equal to 15% of Comstock's interest in its Western Haynesville upstream assets, reducing to 7.5% after five years and once SOCAR has achieved a 15% return on investment in those assets, and (iii) 15% of Comstock's 73% ownership interest in Pinnacle Gas Services LLC, which provides midstream services to the Western Haynesville, for an aggregate purchase price of $1.65 billion in cash, subject to customary purchase price adjustments. The letter of intent binds the parties to negotiate in good faith a definitive purchase and sale agreement, with the parties targeting execution by October 31, 2026, and a closing by year end, in each case subject to the progress of negotiations. Closing will be subject to customary conditions, including any required government and third-party approvals. The transaction will have an effective date of July 1, 2026.

GlobeNewsWire • Sep 1, 2026

Move Active Options Report: GPRO, NVS, CRK, HWM, FRVO

GoPro Inc (NASDAQ:GPRO) stock is up 72.3% at $1.51, extending its two-day surge after Markiplier disclosed an 8.5% stake worth $9 million.

Schaeffers Research • Sep 1, 2026