Comstock Resources Sells 27% Stake in Pinnacle Gas Services to Sixth Street

Comstock Resources has sold a 27% non-controlling stake in its midstream subsidiary, Pinnacle Gas Services, to funds managed by Sixth Street for $600 million. The transaction values the company at an enterprise value of $2.2 billion and will reduce annual fixed charges by approximately $40 million due to debt reduction.

By Shree Mishra Tue, June 16, 2026 at 1:33 PM GMT+3 3 min read · Yahoo Finance · June 16, 2026, 10:33 UTC

Tickers: $CRK

Topics: energy equity sale midstream infrastructure natural gas

Read the full article at Yahoo Finance

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