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

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Earnings data Q1 2023

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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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Does Comstock Resources (CRK) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Momentum Investors Will Love Comstock Resources (CRK)

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An encouraging macro backdrop have accelerated the tailwinds for natural gas equities. In this context, companies like COG, RRC, CRK and LNG look particularly interesting.

Natural Gas Prices Are on a Tear But May Go Even Higher

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

Why Comstock (CRK) Might be Well Poised for a Surge

Comstock Resources (CRK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Is Comstock Resources (CRK) Stock a Solid Choice Right Now?

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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 COG and RRC.

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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 SWN, COG and RRC.

Natural Gas: Upside Potential Outweighs Bearish EIA Report

Comstock Resources, Inc. (CRK) CEO Miles Allison on Q2 2021 Results - Earnings Call Transcript

Comstock (CRK) delivered earnings and revenue surprises of 22.22% and 7.72%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Comstock Resources (CRK) Surpasses Q2 Earnings and Revenue Estimates

FRISCO, TX, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended June 30, 2021.

COMSTOCK RESOURCES, INC. REPORTS SECOND QUARTER 2021 FINANCIAL AND OPERATING RESULTS

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 Comstock (CRK) is Poised to Beat Earnings Estimates Again

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Favorable weather forecasts revealing hotter trends are likely to spur natural gas demand for cooling, and therefore prices. The upward trend should aid gas-weighted producers like SBOW, RRC and AR.

Natural Gas Pushes Through $4 on Sizzling Summer Forecasts

Favorable weather forecasts revealing hotter trends are likely to spur natural gas demand for cooling, and therefore prices. The uptick should aid gas-weighted producers like SBOW, RRC and AR.

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Natural Gas Futures Stumbled Last Week: Let's Find Out Why

FRISCO, TX, June 15, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) announces its plan to release second quarter 2021 results on August 3, 2021 after the market closes and host its quarterly conference call at 10:00 a.m. CT on August 4, 2021. Please dial in at least 15 minutes in advance to ensure a timely connection to the call.

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

FRISCO, TX, June 14, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) ("Comstock" or the "Company") announced today the pricing of its private placement of new 5.875% senior unsecured notes due 2030 in the aggregate amount of $965 million, which was increased from the originally proposed $500 million offering (the "Notes"). The notes were sold at par. The offering is expected to close on June 28, 2021, subject to customary closing conditions.

COMSTOCK RESOURCES, INC. ANNOUNCES PRICING OF $965 MILLION OFFERING OF NEW SENIOR NOTES DUE 2030

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Natural Gas Hits Its Highest Level of the Year: Here's Why

FRISCO, TX, June 14, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that, subject to market conditions, it intends to offer a new series of senior notes due in 2030 in a private placement to eligible purchasers. Comstock intends to use the net proceeds from this offering to fund the redemption of a portion of the Company's 9.75% Senior Notes due 2026 ("2026 Notes") and to pay related fees and expenses.

COMSTOCK RESOURCES, INC. ANNOUNCES PRIVATE OFFERING OF NEW SENIOR NOTES DUE IN 2030

FRISCO, TX, June 09, 2021 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today announced that it has promoted Brian Claunch to serve as Vice President of Financial Reporting.   Mr. Claunch joined Comstock as Director of Financial Reporting in June 2020. Prior to joining Comstock, Mr. Claunch served as Director of Financial Reporting for Guidon Energy. Prior to joining Guidon, he served as Controller for Pioneer Natural Resources Company.

News for Comstock Resources Stock (CRK)