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Powell says more policy help may be needed to pull the US out of economic downturn- oil and gas 360

Powell says more policy help may be needed to pull the US out of economic downturn

CNBC Federal Reserve Chairman Jerome Powell said Wednesday that policymakers may have to use additional weapons to pull the country out of an economic mire that has cost at least 20 million jobs and caused “a level of pain that is hard to capture in words.” While he did not specify what those measures are and where they would come from, Powell

Comstock Resources Announces Common Stock Offering-oil and gas 360

Comstock Resources Announces Common Stock Offering

Oil and Gas 360 Frisco, TX, May 13, 2020 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (NYSE: CRK) (“Comstock” or the “Company”) announced today that it has commenced an underwritten public offering of 40 million shares of its common stock (the “Common Stock Offering”).  Comstock also intends to grant the underwriters a 30-day option to purchase up to 6 million additional

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