Comstock Resources (CRK) Revolver Borrowing Base Reaffirmed at $700M
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Price: $10.15 +3.78%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 2.7%
EPS Growth %: -118.2%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 2.7%
EPS Growth %: -118.2%
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Comstock Resources, Inc. (NYSE: CRK) today reported that its bank credit facility borrowing base has been reaffirmed by its bank group at $700.0 million. The Company's revolving bank credit facility is administered by Bank of Montreal and has 16 participating banks. The next borrowing base re-determination is expected to occur in October 2012.
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