All that changed today, when the company announced that it was negotiating with billionaire Dallas Cowboys owner Jerry Jones to make a "substantial" investment in the company. A definitive agreement could come in a few weeks and Comstock stockholders will have to approve it. The assets are expected to generate $200 million in operating cash flow this year. Comstock CEO Jay Allison said the investment will allow Comstock to refinance and simplify its capital structure. The company thinks the the increase in cash flow and the interest cost savings from the debt refinancing will increase its cash flow available for reinvestment on its Haynesville properties.

Source: Forbes April 26, 2018 20:15 UTC