COMSTOCK RESOURCES, INC. ANNOUNCES SELECTION OF WESTERN HAYNESVILLE SITE TO HOST POWER GENERATION HUB
FRISCO, TX, March 23, 2026 -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that the Western Haynesville will host the recently announced Texas Natural Gas-Fired Power Generation Hub in Anderson County Texas.
The selection was announced on March 20, 2026, by the United States Department of Commerce in connection with Japan's $550 billion investment commitment to the United States as part of the U.S.- Japan trade deal. The selected project is the result of the collaboration of the Company and NextEra Energy, Inc. ("NextEra") (NYSE: NEE) to develop a power generation project near Comstock’s Western Hayneville natural gas operations.
The Texas Power Generation Hub will be owned jointly by Japan and the U.S. under the structure of the joint trade agreement and will be built and operated by NextEra, the largest energy infrastructure builder in the United States. The investment is subject to negotiation and execution of definitive documents by NextEra and various constituents, as well as NextEra's completion of development, construction and commissioning of the selected project.
The Anderson County Texas facility will have up to 5.2 GW of natural gas-fired generation capable of serving up to 5 GW of large-load demand. Comstock will provide natural gas supply for the facility which could reach almost 1 Bcf per day by 2031. The estimated cost of the facility is $16 billion.
Located within the rapidly growing ERCOT market, the project takes advantage of Comstock’s abundant natural gas supply and strong transmission infrastructure at Bethel, Texas to deliver dispatchable power at scale to serve large‑scale users, including data centers and advanced manufacturing.
The projects would be structured so that new electricity demand is met with new generating resources, intended to avoid upward pressure on electricity bills for consumers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Shopify Stock Rally Isn't Done: Chart of the Week -- Barrons.com
By Doug Busch Shopify is no longer a pandemic-era growth story that simply failed to slow down. It is compounding at a pace few software platforms its size still manage. In the second quarter of 2026, sales on its platform rose 32%. That was the fifth straight quarter of growth exceeding 30%. Merchants are also using more of Shopify's own tools, from payments to Shop Pay, and new channels like AI shopping agents are starting to increase demand. The simple bull case is that the stock already commands a huge share of independent online commerce, and that position should become more valuable as more buying moves through its checkout. A rule of market mechanics is that the vast majority of an individual security's gain is driven by its underlying sector. Within technology, software has staged a robust recovery, joining semiconductors to power the broader sector higher. The iShares Expanded Tech-Software Sector ETF has maintained an upward trajectory since its mid-April lows, though the advance from $74 to $112 has been choppy as bulls repeatedly stepped in to defend when necessary. Breadth across large-cap software has expanded significantly, with 24 constituents surging over 20% over the past three months. During that same three-month window, Shopify generated outstanding relative strength, advancing 36%, more than doubling the IGV's 17% gain over the same period. Expect the stock's outperformance to persist as software momentum broadens. Let's examine the daily and monthly charts to outline the technical drivers behind this thesis. Looking at the daily chart, the ratio chart against the IGV shows persistent outperformance extending back to mid-May. The stock is riding an eight-session winning streak, during which price action cleared a double-bottom-with-handle pivot at $151.39. Within this broader base, the stock recorded a bullish golden cross in late August and successfully filled its Sept. 10 price gap, tracing back to its Aug. 4 session, the day before a powerful earnings reaction sent the stock surging 17% hi
TRexBio: IPO Of 8.3M Shares Priced at $14.00 Each >TRXB
TRexBio: IPO Of 8.3M Shares Priced at $14.00 Each >TRXB
Talos Energy director Barbara J. Faulkenberry files initial beneficial ownership statement
Talos Energy director Barbara J. Faulkenberry filed an initial Form 3 statement dated Oct. 1, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Talos Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-418248), on October 08, 2026, and is solely responsible for the information contained therein.
Crypto prices
More
