Comstock Resources Inc
CRK
ISIN null / Valor 33387049
Comstock Resources Inc
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About company
Comstock Resources Inc is a company with a proven track record in developing shale resource plays, particularly focusing on natural gas development in the Haynesville shale. With almost 2,000 drilling locations on its Haynesville/Bossier shale acreage, the company estimates a significant reserve potential. The company's drilling activities in 2021 are centered around utilizing an enhanced completion design to maximize production efficiency and profitability in the natural gas sector.
Summarized from source with an LLMView SourceSector: EnergyLatest Results (01.10.2025):
Comstock Resources Inc reported strong financial performance for the second quarter of 2025, driven by higher natural gas prices. The company achieved significant revenue growth and improved profitability, supported by successful well completions and effective hedging strategies.
Revenue and Operating Cash Flow
Natural gas and oil sales, including realized hedging gains, reached $344 million for the quarter. Operating cash flow stood at $210 million, translating to $0.71 per diluted share. Adjusted EBITDAX was reported at $260 million, highlighting robust operational performance.
Adjusted Net Income
Comstock Resources Inc reported an adjusted net income of $40.0 million, or $0.13 per diluted share, for the second quarter of 2025. This improvement reflects the company's effective management and favorable market conditions.
Well Sales and Production
Five Western Haynesville wells were turned to sales in the second quarter, each with an average lateral length of 10,897 feet and an initial production rate of 36 MMcf per day. This brings the total wells turned to sales in 2025 to 21, enhancing the company's production capacity in its Legacy Haynesville area.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
7206 M
Market cap (USD)
3,541,768
Daily traded volume (Shares)
19.245 / 17.86
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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