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.

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Surging natural gas prices and higher production are likely to have boosted Comstock Resources' (CRK) profit levels in the third quarter.

This Is Why Comstock (CRK) is Set for Strong Q3 Earnings

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Comstock Resources (CRK) closed at $10.70 in the latest trading session, marking a +0.56% move from the prior day.

Comstock Resources (CRK) Outpaces Stock Market Gains: What You Should Know

Comstock (CRK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for Comstock (CRK)

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Is Comstock Resources (CRK) a Great Value Stock Right Now?

Comstock Resources (CRK) intends to use the proceeds from the Bakken shale field sale to support a rise in the completion activities at its Haynesville Shale holdings in Louisiana and Texas.

Comstock (CRK) to Exit Bakken Field, Boosts Haynesville Presence

Comstock (CRK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Comstock (CRK) Stock

Lower-than-normal stockpile levels and robust LNG consumption are likely to spur natural gas prices. The upward trend should aid gas-weighted producers like SBOW, RRC, GDP and CRK.

Why the Natural Gas Rally Isn't Over Despite Bearish EIA Data

FRISCO, TX, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that it has entered into an asset purchase agreement with Northern Oil & Gas, Inc. ("NOG") to sell its assets in the Bakken shale for $154 million in cash, subject to adjustment and customary closing conditions. The properties being sold include non-operated interests in over 400 producing wells (65.9 net) with recent production of greater than 4,500 net barrels of oil equivalent per day (approximately 65% oil). The sale is expected to close in the fourth quarter and will have an effective date of October 1, 2021. Comstock expects to recognize a pre-tax loss of $130-$140 million on the divestiture. EnergyNet is acting as exclusive advisor to Comstock on the sale.

COMSTOCK RESOURCES, INC. ANNOUNCES THE DIVESTITURE OF BAKKEN SHALE ASSETS

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Comstock Resources (CRK) Is Up 14.98% in One Week: What You Should Know

FRISCO, TX, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) announces its plan to release third quarter 2021 results on November 2, 2021 after the market closes and host its quarterly conference call at 10:00 a.m. CT on November 3, 2021. Please dial in at least 15 minutes in advance to ensure a timely connection to the call.

COMSTOCK RESOURCES, INC. ANNOUNCES THIRD QUARTER 2021 EARNINGS DATE AND CONFERENCE CALL INFORMATION

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Lower-than-normal stockpile levels and robust LNG consumption are likely to spur natural gas prices. The upward trend should aid gas-weighted producers like SBOW, RRC, and CRK.

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Lower-than-normal stockpile levels and robust consumption are likely to keep natural gas prices high. The upward trend should aid gas-weighted producers like COG, CRK, SBOW and RRC.

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Rising natural gas price is aiding exploration and production companies. Range Resources (RRC), Cabot Oil & Gas (COG) and Comstock Resources (CRK) are thus well positioned to gain.

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Comstock (CRK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

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News for Comstock Resources Stock (CRK)