Moody's affirms Comstock

Moody's Investors Service said it affirmed Comstock Resources, Inc.'s B1 corporate family rating and the B2 rating on the company's $175 million senior unsecured notes.

The outlook is stable.

"The ratings affirmation reflects Comstock's low leverage and good liquidity," commented Pete Speer, Moody's vice president.

"However, the senior unsecured notes rating could be downgraded if the company's utilization of its bank facility is higher than expected."

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