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Showing results for "Comstock Resources"

relates to Investors See Haynesville Shale as Ripe for IPOs, Aethon Says
markets
Investors See Haynesville Shale as Ripe for IPOs, Aethon Says
By Elizabeth Elkin
There is growing investor interest in more publicly traded drillers in the natural gas-rich Haynesville Shale of Louisiana, according to closely held Aethon Energy Management.
March 27, 2024
relates to Gas Prices Jump as Top US Driller Slashes Output to Fight Glut
markets
Gas Prices Jump as Top US Driller Slashes Output to Fight Glut
By Rachel Morison, Anna Shiryaevskaya, and Elizabeth Elkin
US natural gas prices surged after EQT Corp., the nation’s largest producer, said it will slash output after an unseasonably warm winter and the resulting supply glut triggered a price collapse.
March 4, 2024
relates to Richest Sports Team Owners in the US: Ballmer, Walton, Miriam Adelson Top List
wealth
Richest Sports Team Owners in the US: Ballmer, Walton, Miriam Adelson Top List
By Pui Gwen Yeung
Miriam Adelson, the widow of casino magnate Sheldon Adelson, is breaking into the upper echelons of US sports team ownership with her planned purchase of a majority stake in the Dallas Mavericks basketball team.
November 29, 2023
relates to US Shale Drillers See Short-Lived Natural Gas Pain With 2024 Rebound
markets
US Shale Drillers See Short-Lived Natural Gas Pain With 2024 Rebound
By Gerson Freitas Jr and Mitchell Ferman
US shale-gas drillers are betting that a price slump eroding their cash-flow outlook will be short-lived and that a rebound awaits in 2024.
May 4, 2023
relates to Shale-Gas Drillers Brace for $8 Billion Cash-Flow Shock on Price Decline
businessweek
Shale-Gas Drillers Brace for $8 Billion Cash-Flow Shock on Price Decline
By Gerson Freitas Jr
Skyrocketing energy prices turned US natural gas drillers into cash machines that showered shareholders in returns over the past two years. But the heyday appears to be over.
April 24, 2023
relates to Natural Gas Rescues Energy Stocks With Oil in Quarter-Long Slide
markets
Natural Gas Rescues Energy Stocks With Oil in Quarter-Long Slide
By Geoffrey Morgan
September 14, 2022
relates to Gas Driller Comstock Resources to Boost Spending by 23%
business
Gas Driller Comstock Resources to Boost Spending by 23%
By Paul Takahashi
February 15, 2022
relates to Southwestern Extends Gas Buying Spree With $1.85 Billion Deal
business
Southwestern Extends Gas Buying Spree With $1.85 Billion Deal
By Simon Casey
Southwestern Energy Co. agreed to buy GEP Haynesville LLC for about $1.85 billion in cash and stock to add natural gas production close to Louisiana export hubs.
November 4, 2021
relates to Kinder Morgan Posts Blowout Profit on Texas Freeze Sales
business
Kinder Morgan Posts Blowout Profit on Texas Freeze Sales
By Gerson Freitas Jr
Kinder Morgan Inc. emerged as one of the biggest winners from the historic winter storm that crippled Texas after the pipeline operator capitalized on skyrocketing energy demand and prices amid the deadly freeze.
April 21, 2021
relates to It Hasn’t Been This Cheap for U.S. Shale to Refinance in 7 Years
markets
It Hasn’t Been This Cheap for U.S. Shale to Refinance in 7 Years
By David Wethe
It hasn’t been this cheap for shale explorers to raise money on the high-yield bond market since oil was at $100 a barrel in 2014, so they’re jumping on the opportunity to refinance debt at lower rates.
March 22, 2021