Comstock Resources reported a $223 million free cash flow deficit in Q1 2026, impacted by $55 million in midstream capital expenditures. Despite benchmark natural gas prices near $5, Comstock realized only $3.46 per Mcfe due to production shortfalls from winter storms, wider regional price differentials, and significant hedging losses. Adjusted EBITDAX declined sharply, and production generally fell short of guidance. The full-year free cash flow deficit is now projected around $588 million, excluding midstream capex, signaling ongoing financial challenges for the company.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
