Comstock Resources

Comstock Resources, Inc. engages in the acquisition, development, and exploration of oil and natural gas. The firm operations concentrated in the Haynesville shale, a premier natural gas basin located in East Texas. The company was founded in 1919 and is headquartered in Frisco, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Comstock Resources excels in Q4, eyes growth in Haynesville

Comstock Resources delivered robust financial performance in Q4 2022, driven by increased production and strategic balance sheet improvements. The company's focus on natural gas in the Haynesville region, coupled with operational efficiency, positions it well for future growth despite inflation uncertainties and operational challenges.

Comstock Resources reports Q1 growth amidst LNG market focus

Comstock Resources reported positive production growth and earnings in Q1 2023 despite challenges from low natural gas prices and rising operating costs.
The company's strategic focus on LNG markets, operational efficiencies, and environmental responsibility positions it for future growth and sustainability.
Analyst inquiries highlighted the need for effective financial and operational management to navigate market uncertainties and optimize performance.
Overall, Comstock Resources remains optimistic about its outlook for 2023, emphasizing responsible capital stewardship and long-term partnerships.

Comstock Resources reports solid Q2 performance amidst natural gas challenges

Comstock Resources had a solid performance in Q2 2023, with a focus on increasing natural gas production and optimizing operational efficiency. Despite challenges from market conditions, they are strategically positioned to capitalize on future natural gas demand and LNG export growth.

Comstock Resources posts profitable Q3, eyes growth amid operational challenges

Comstock Resources delivered a profitable Q3 with strong financial performance, operational growth, and efficient cost management, positioning the company for future success.
Strategic partnerships, focus on infrastructure development, and prudent financial management underscore Comstock's commitment to sustainable growth and stakeholder value.
Challenges in capital management, legacy production balancing, and debt control require careful navigation, while opportunities in expansion, acreage optimization, and operational enhancements pave the way for continued success.

Comstock Resources reports robust Q4 earnings amidst market challenges

Comstock Resources delivered solid financial results, implemented strategic measures to safeguard its financial position, and emphasized operational efficiency. Challenges include production timing alignment and leverage ratio monitoring, while opportunities exist in cost reductions and operational optimization.

Comstock Resources reports resilient Q1 performance amid market challenges

Comstock Resources delivered a solid performance in Q1 2024, showcasing financial strength and operational resilience amidst market challenges.
The company's strategic investments in asset acquisitions, drilling efficiencies, and cost management reflect a commitment to long-term value creation and growth.
With a focus on maximizing efficiencies, monitoring market conditions, and leveraging opportunities in the LNG market, Comstock Resources is poised for sustainable success.

Comstock Resources reports strong Q2 performance and eyes gas price appreciation for growth

Comstock Resources showcased strong financials and operational successes in Q2 2024, emphasizing their focus on the Western Haynesville play. While managing debt levels and monitoring gas prices pose challenges, opportunities lie in gas price appreciation, production growth, and LNG demand.

Comstock Resources optimizes operations in Western Haynesville for growth

Comstock Resources remains focused on maximizing acreage potential, optimizing operations, and adapting to market conditions for future growth.
Despite challenges in natural gas prices and operational complexities, the company is on the right path for growth in natural gas demand.
The earnings call highlighted strategic initiatives, successful drilling results, and financial support, positioning Comstock for future profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Continental Resources

Chevron

Eni SpA Sponsored ADR

Transocean

W&T Offshore

Comstock Resources (CRK) agreed to buy Cover Park Energy for $2.2 billion. Meanwhile, Royal Dutch Shell (RDS.A) pledged to return at least $125 billion to its shareholders between 2021 and 2025.

Oil & Gas Stock Roundup: Comstock's Acquisition, Shell's Strategy Update & More

The Covey Park takeover would make Comstock (CRK) the largest natural gas producer in the Haynesville region.

Comstock to Snap Up Cover Park to Boost Haynesville Acreage

Comstock (CRK) reported earnings 30 days ago. What's next for the stock?

Why Is Comstock (CRK) Down 26.9% Since Last Earnings Report?

QEP Resources

QEP Resources (QEP) has an edge over Comstock Resources (CRK) in terms of bottom-line prospects, production mix and other factors.

QEP vs. CRK: Which Is the Better-Placed Stock Right Now?

Comstock (CRK) reaffirms its 2019 natural gas and oil production projection at 385-415 million cubic feet per day and 8-9 thousand barrels per day, each.

Comstock (CRK) Q1 Earnings Lag on Weak Price Realizations

Comstock Resources, Inc. (CRK) CEO Jay Allison on Q1 2019 Results - Earnings Call Transcript

Comstock (CRK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Why Is Comstock (CRK) Up 1.5% Since Last Earnings Report?

News for Comstock Resources Stock (CRK)