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COMSTOCK RESOURCES, INC. ANNOUNCES DUAL LISTING ON NYSE TEXAS

1. Comstock announces dual listing on NYSE Texas, enhancing visibility. 2. Dual listing reflects support for Texas' growing economy. 3. CEO emphasizes diversification and momentum of Texas economy. 4. Company remains listed on NYSE, retaining symbol 'CRK'. 5. Forward-looking statements highlight potential risks and uncertainties.

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FAQ

Why Bullish?

The dual listing on NYSE Texas can increase trading volume and investor interest, similar to past cases where dual listings have positively influenced stock performance for companies in growth sectors.

How important is it?

The announcement of a dual listing may enhance market perception and trading activity, which is vital for stock liquidity and may attract new investors, particularly in a growing economic region.

Why Short Term?

Short-term trading activity may increase due to initial interest in the new listing, though long-term effects depend on overall market performance and Comstock's operational success.

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FRISCO, TX, May 02, 2025 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today announced a dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, Texas. M. Jay Allison, Chief Executive Officer of Comstock commented, “We are honored to become a Founding Member of NYSE Texas and show our support for the growth, momentum, and entrepreneurial spirit of the Lone Star State. Texas has a strong, diverse economy poised for continued success.” “We are thrilled to welcome Comstock Resources as a Founding Member of NYSE Texas,” said Chris Taylor, Chief Development Officer, NYSE Group. “The NYSE is committed to providing new offerings for our world-class community of listed companies and this dual listing underscores both NYSE’s and Comstock’s strong Texas pride and continued support for its flourishing economy.” Comstock will maintain its primary listing on the New York Stock Exchange and trade with the same “CRK” ticker symbol on NYSE Texas. This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes the expectations in such statements to be reasonable, there can be no assurance that such expectations will prove to be correct. Information concerning the assumptions, uncertainties and risks that may affect the actual results can be found in the Company's filings with the Securities and Exchange Commission ("SEC") available on the Company's website or the SEC's website at sec.gov. Comstock Resources, Inc. is a leading independent natural gas producer with operations focused on the development of the Haynesville shale in North Louisiana and East Texas. The Company's stock is traded on the New York Stock Exchange and NYSE Texas under the symbol CRK.

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