SEC Filing Summary: Comstock Resources Inc. (8-K)
Business Context and Reporting Period
This Form 8-K Current Report was filed by Comstock Resources Inc. on June 29, 2006. The report discloses a corporate governance matter regarding the composition of the Company's Audit Committee.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a Regulation FD disclosure and does not contain financial statements or performance data.
Material Changes
There are no material financial changes reported in this filing. The document addresses a specific determination made by the Board of Directors on May 10, 2006, regarding the service of Cecil E. Martin on the Audit Committee.
Management Commentary and Governance
- Audit Committee Service: The Board of Directors determined that Cecil E. Martin's service on the audit committees of more than three public companies did not impair his ability to effectively serve on Comstock Resources' Audit Committee.
- Board Decision: The Board concluded that Mr. Martin's continued service is in the best interest of the Company and its stockholders.
Key Facts for Investor Verification
- Verify the current composition of the Audit Committee and the number of public company audit committees Cecil E. Martin serves on.
- Confirm that the Board's determination complies with applicable exchange listing standards regarding audit committee independence.
- Note that this filing contains no financial results; refer to the most recent 10-Q or 10-K for financial performance data.