Comstock Rscs Stock Price, News & Analysis

Comstock Resources (NYSE: CRK) reported third quarter 2025 results driven by higher natural gas prices. Natural gas and oil sales totaled $335.0M (including $26.4M realized hedging gains). Operating cash flow was $190.4M and adjusted EBITDAX was $249.1M for the quarter. GAAP net income was $118.1M ($0.40 diluted); adjusted net income was $27.9M ($0.09 diluted). Production was 111.8 Bcf in Q3 with realized gas price after hedging of $2.99/Mcf and production cost of $0.77/Mcfe. Comstock agreed to divest Shelby Trough assets for $430M (effective Oct 1, 2025) and closed Cotton Valley sales for $15.2M.

Comstock Resources (NYSE:CRK) has scheduled its third quarter 2025 earnings release for November 3, 2025 after market close. The company will host its earnings conference call the following day on November 4, 2025 at 10:00 a.m. CT.

Participants must pre-register through the provided link to join the call telephonically. A live webcast will be available in listen-only mode, and a replay will be accessible for twelve months starting at 1:00 p.m. CT on November 4, 2025.

Comstock Resources (NYSE:CRK) reported Q2 2025 financial results showing improved performance driven by higher natural gas prices. The company achieved natural gas and oil sales of $344 million, including realized hedging gains of $4.3 million. Key financial metrics include operating cash flow of $210 million ($0.71 per share) and adjusted EBITDAX of $260 million.

The company reported net income of $130.7 million ($0.44 per diluted share) and adjusted net income of $40.0 million ($0.13 per share). Production costs averaged $0.80 per Mcfe, with an impressive operating margin of 73% unhedged and 74% after hedging.

Operationally, Comstock turned 13 operated wells to sales in Q2 2025, including five Western Haynesville wells with average initial production rates of 36 MMcf per day. The company also announced a collaboration with NextEra Energy Resources to explore power generation assets development near its Western Haynesville area.

[ "Net income of $130.7 million ($0.44 per diluted share), up from a loss in Q2 2024", "Strong operating margins of 73% unhedged and 74% after hedging", "Impressive Western Haynesville well performance with 36 MMcf per day initial production rates", "Strategic collaboration with NextEra Energy Resources for power generation development", "Low production costs of $0.80 per Mcfe" ]

Comstock Resources (NYSE:CRK) has scheduled the release of its second quarter 2025 financial results for July 30, 2025, after market close. The company will host a conference call to discuss these results on July 31, 2025, at 10:00 a.m. CT. Interested participants must pre-register through a provided link to receive dial-in details and a personal PIN. The call will also be available in listen-only mode via webcast. A replay of the conference call will be accessible for twelve months starting from July 31, 2025, at 1:00 p.m. CT through the provided webcast link.

BKV Corporation (NYSE: BKV) reported its Q1 2025 financial results, posting a net loss of $78.7 million ($0.93 per share) but achieving Adjusted Net Income of $35.0 million ($0.41 per share). The company generated Adjusted EBITDAX of $90.9 million and Combined Adjusted EBITDAX of $100.7 million. Key operational highlights include total production of 761.1 MMcfe/d and Barnett Zero sequestration of 38,787 metric tons of CO2. BKV announced a significant joint venture with Copenhagen Infrastructure Partners for CCUS projects, with CIP committing an initial $500 million. The Power JV's Temple Plants achieved total generation of 1,588 GWh with a combined capacity factor of 50.0%. The company maintained strong liquidity with $401.2 million available and a low net leverage ratio of 0.67x.

Comstock Resources (NYSE: CRK) has announced a dual listing of its common stock on NYSE Texas, a new fully electronic equities exchange based in Dallas. While maintaining its primary listing on the New York Stock Exchange, Comstock will trade under the same "CRK" ticker symbol on NYSE Texas. The company joins as a Founding Member of NYSE Texas, demonstrating its commitment to Texas's economic growth.

Comstock Resources is a prominent independent natural gas producer focusing on Haynesville shale development in North Louisiana and East Texas. The dual listing reflects both NYSE's expansion strategy and Comstock's support for Texas's growing economy.

BKV Corp and Comstock Resources have announced an exclusive partnership to develop carbon capture projects in Texas. The non-binding agreement focuses on implementing CCUS (Carbon Capture, Utilization and Sequestration) projects at Comstock's Bethel and Marquez natural gas processing facilities in the Western Haynesville area.

The collaboration combines BKV's proven CCUS capabilities with Comstock's position as a leading producer in the Haynesville shale, which provides direct access to Gulf Coast markets and the LNG corridor. The partnership aims to permanently sequester carbon dioxide waste from these facilities and potentially other locations.

CEOs Chris Kalnin (BKV) and M. Jay Allison (Comstock) emphasized their shared commitment to sustainability and innovation in natural gas production. The initiative seeks to deliver scalable, low-carbon energy solutions to industrial customers while enhancing Comstock's infrastructure through innovative CCUS partnerships.

Comstock Resources reported its Q1 2025 financial results, showing improved performance driven by higher natural gas prices. The company achieved natural gas and oil sales of $405 million, with operating cash flow of $239 million ($0.81 per diluted share) and adjusted EBITDAX of $293 million.

Key highlights include:

• Natural gas production of 115 Bcf with realized prices of $3.58 per Mcf before hedging
• Fourteen operated wells turned to sales with average initial production of 25 MMcf per day
• Notable success with Western Haynesville well in Freestone County, producing 41 MMcf per day
• Production costs averaged $0.83 per Mcfe
• Unhedged operating margin of 77%

The company reported a net loss of $115.4 million ($0.40 per share), primarily due to a $322.4 million unrealized loss on hedging contracts. Excluding this and exploration expense, adjusted net income was $53.8 million ($0.18 per diluted share).

Comstock Resources (NYSE:CRK) has scheduled the release of its first quarter 2025 earnings results for April 30, 2025, after market close. The company will host a conference call to discuss the results on May 1, 2025, at 10:00 a.m. CT.

Interested participants must pre-register through the provided link to receive dial-in information. The call will also be available in listen-only mode via webcast. A replay of the conference call will be accessible for twelve months starting from 1:00 p.m. CT on May 1, 2025.